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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.
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The introduction of a four day week leads to increased productivity particularly among young workers by improving job satisfacti
nataly862011 [7]

Answer:

C. Intervening Variable

Explanation:

Based on the information provided within the question it seems that in this scenario Job satisfaction would be considered an intervening variable. This is a hypothetical variable used in order to explain the cause and effect relationship between two other variables. Which in this case would be the four day week leading to increased productivity. An intervening variable cannot be observed when conducting experiments which is why it is hypothetical.

3 0
3 years ago
Which of the following parts of a business plan include the cash flow projection and profit and loss projection?
marysya [2.9K]
Executive summary. This is your five-minute elevator pitch. ...
Business description and structure. This is where you explain why you're in business and what you're selling. ...
Market research and strategies. ...
Management and personnel. ...
Financial documents.
6 0
3 years ago
As Talia researches MNCs, she will find that they: Check all that apply. a. Transfer capital, technology, and people among their
natita [175]

Answer:

The answer is A and C

Explanation:

Transfer capital, technology, and people among their affiliates in various countries.

Ultimately integrate their diverse activities in a centralized headquarters function, which may be physically.

7 0
4 years ago
Former communist nations present opportunities to Western international business as these nations show continued commitment to
Arisa [49]

Answer:

democracy

Explanation:

Former communist nations of Asia and Europe tend to share the same purpose of committing to free market economics and democratic politics. Even though they are somewhat undeveloped, it is important to note that because of their belief on democratic politics, they show continuous support to Western International businesses for the nation's commitment to democracy.

8 0
4 years ago
The calculation of GDP does NOT include the value of:________1. Michelin tires purchased by Canadian car collectors. 2. Goodyear
ExtremeBDS [4]

Answer:

3. Bridgestone tires purchased by Ford Motor Co.

Explanation:

GDP refers to the total value of all the goods and services produced in a country. Calculation of GDP involves adding up all the values of finished goods and services and multiplying them by their prices.  For accuracy purposes, and to avoid double-counting, economists consider finished consumable products only.

When capital goods are included in GDP, they are likely to be counted again in the final product. The tires purchased by the car collectors, secret services, and at the garage are for consumption. The customers will use them as the end products. Tires purchased by Ford motors will be used in the production of motor vehicles. They are capital goods or goods used in manufacturing other goods. They are not included in GDP calculation.

5 0
3 years ago
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