1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Alenkasestr [34]
3 years ago
5

When mik has an absolute advantage in the production of two goods over tommy, mik?

Business
1 answer:
Vesna [10]3 years ago
6 0
When milk has an absolute advantage in the production of two goods over Tommy, Milk IS MORE PRODUCTIVE IN PRODUCING BOTH GOODS THAN TOMMY.
A country or an individual is said to have absolute advantage in producing a good if the person can produce the good more efficiently economic wise.
You might be interested in
Gross Domestic Product Title: Grantham Copyright - Description: Grantham Copyright 2018Use the data chart to answer the question
adoni [48]

Answer:

1. $ 750

2.  - $ 50

3.   $ 600

4.  $ 600

Explanation:

1. Using the data  GDP = C+I+G+ (X-M)

GDP=  $500 +$100 + $ 200 + ($50-$100)

GDP= $ 800 + (-50)

GDP = $ 750

2. NET EXPORTS = EXPORTS - IMPORTS= $ 50- $ 100= -$50

3. PCE=  Consumption+ Private Domestic Investment= $ 500 + $ 100= $ 600

4. GDP 2017= $ 750 *80%=  $ 600

7 0
3 years ago
Broussard is already at full capacity, so its assets must grow at the same rate as projected sales. At the end of 2019, current
AlekseyPX

Answer: $‭412,600‬

Explanation:

AFN = Increase in assets - Increase in Liabilities - Addition to Retained Earnings

Increase in Assets

= 5,000,000 *  15%

= $750,000

Increase in Liabilities

Only use Accruals and Accounts Payable

= (450,000 + 450,000) * 15%

= $135,000

Additional to Retained Earnings

= After tax Profit

= 9,200,000 * 4%

= $368,000

Addition to retained earnings = 368,000 * ( 1 - payout ratio)

= 368,000 * ( 1 - 45%)

= $202,400‬

Additional Funds Needed (AFN) = 750,000 - 135,000 - 202,400

= $‭412,600

8 0
3 years ago
Many U.S. millennials live at home longer than young adults in the past partially due to the economic recession. The recession i
Arte-miy333 [17]

Answer:

b. external

Explanation:

When an economical event affects something in an indirect way, it is called an <em>external change</em>. It is expected for the economic recession to affect economic factors of course. However, it is imminent that it affects every-day life among people too. Economic factors directly influence life and habits of the U.S. consumer, as it is common for most economic changes.

5 0
3 years ago
The government protects the rights of investors by issuing ___.
katen-ka-za [31]
PATENTSPatents are exclusive rights
7 0
3 years ago
Read 2 more answers
Bella has a credit score of 720. Based on the graph, which description most likely explains her score?
pshichka [43]

Answer: The correct answer is that she pays her bills on time and does not have a lot of debt.

Explanation: A credit score of 720 is a good credit score, based on the graph.  A good credit score means that you pay your bills on time and do not have too much debt.

4 0
2 years ago
Read 2 more answers
Other questions:
  • Suppose that a sample of 200 accounts receivable entries at a large mail-order firm had a mean price of $846.20 and a standard d
    13·1 answer
  • Suppose the local pharmacy charges different prices to senior citizens than it charges to younger customers. The pharmacy should
    12·1 answer
  • Which factor sets the floor on setting a​ product's price?
    9·1 answer
  • Patton Company purchased $400,000 of 10% bonds of Scott Co. on January 1, 2011, paying $376,100. The bonds mature January 1, 202
    7·1 answer
  • Totz Company produces jump ropes. Totz Company has the following sales projections for the upcoming​ year: First quarter budgete
    8·1 answer
  • Which of the following types of venue is favored by small-business retailers?
    12·1 answer
  • An improvement in a country's balance of payments means a decrease in its balance of payments deficit, or an increase in its sur
    11·1 answer
  • The Fed can reduce the federal funds rate by a. decreasing the money supply. To decrease the money supply it could buy bonds. b.
    5·1 answer
  • Your level of expectancy as a marketing manager​
    13·1 answer
  • Discuss Two social factors (excluding friends and social interaction) that may contribute to unemployment in South Africa amongs
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!