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babymother [125]
3 years ago
5

When a country can produce a product more cheaply than its trading partners, it is known as __________?

Business
1 answer:
Mashutka [201]3 years ago
7 0
When a country can produce a product more cheaply than its trading partners, it is known as: <span>comparative advantage
For example, United States often imported exotic fruits from Brazil. Since Brazil is a tropical country, the cost in producing exotic fruits will be significantly lower compared to growing it in the United States. Therefore, we can say that brazil has a comparative advantage in this product compared to united states.</span>
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Federal inspectors find that several shipments of hamburger supplied to grocery chains is contaminated with potentially harmful
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Answer:

The Food and Drug Administration issues a recall for the meat, and the seller notifies its customers.

Explanation:

When there is a serious or potentially serious risk to consumers, the FDA works with sellers and distributors to recall products (remove them from store shelves) and notify customers through press releases and other communications.

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3 years ago
An example of market power
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A monopoly is the best example of a company with substantial market power
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3. The Kelsh Company has two divisions--North and South. The divisions have the following revenues and expenses: Sales Variable
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My guess is a

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Explanation:

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3 years ago
A demand curve is built on the assumption that
Natali5045456 [20]

Answer: A demand curve is built on the assumption that only the demand and price of the good/service will change.

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6 0
3 years ago
You are considering two investment alternatives. The first is a stock that pays quarterly dividends of ​$0.38 per share and is t
djyliett [7]

Answer:

The​ 1-year HPR for the first stock is 16.18%

Explanation:

The computation is shown below:

For investment 1 -

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= (Income × quarter ) +Value at the end  - Value at the beginning  ÷ (Value at the beginning) × 100

= {($0.38 × 2) + $29.25 - $25.83} ÷ ($25.83) × 100

= ($0.76 +  $29.25 - $25.83) ÷ ($25.83)  × 100

= ($4.18 ÷ $25.83)  × 100

= 16.18%

3 0
3 years ago
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