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
ki77a [65]
3 years ago
15

Why should countries specialize in producing goods with which they have a comparative advantage rather than an absolute advantag

e?
Business
1 answer:
Gelneren [198K]3 years ago
8 0
<span>a country might have an absolute advantage in producing a good because it has a large population this doesn't mean that the country is more efficient than other countries If a country has a comparative advantage its opportunity cost is lower so by specializing and trading a good that a country has a comparative advantage with the country can get more out of what it produces.</span>
You might be interested in
in Illinois Mobile homes are generally considered to wich one a. personal property b. real property c.trade fixture d. fixtures
valina [46]

A. personal property


6 0
3 years ago
The total amount of carbon fixed into organic matter through photosynthesis (or chemosynthesis) in a given unit of time is known
lesya692 [45]

The total amount of carbon fixed into organic matter through photosynthesis (or chemosynthesis) in a given unit of time is known as Gross primary production.

<h3>What is Gross primary productivity?</h3>

Gross productivity generally is the rate of energy capture.

Net efficiency is lower: its net efficiency is balanced for the vitality utilized by the living beings in respiration/metabolism, so it reflects the sum of vitality put away as biomass.

The whole vitality settled by plants (autotrophs) in a community through photosynthesis is alluded to as net essential efficiency (GPP).

Since all the vitality settled by the plant is changed over into sugar, it is hypothetically conceivable to decide a plant’s vitality take-up by measuring the sum of sugar delivered.

To know more about Gross primary productivity visit:

brainly.com/question/14411342

#SPJ4

4 0
1 year ago
Honest Abe's is a chain of furniture retail stores. Integral Designs is a furniture maker and a supplier to Honest Abe's. Honest
Pachacha [2.7K]

Answer:

The discount rate is 12.46%

Explanation:

In this question, we use the Capital asset pricing model (CAPM).

The formula and computation of the discount rate is shown below:

= Risk-free rate of return + (Beta × Market risk premium)

= 3.5% + (1.12 × 8%)

= 3.5% + 8.96%

= 12.46%

Since we have to compute the discount rate for the project that involves the manufacturing of furniture, so we have to use the Integral designs beta instead of the Honest Abe because Integral design is a furniture maker

8 0
3 years ago
_____ is a method of attempting to settle labor disputes in when a specialist from the federal government helps management and t
Klio2033 [76]

Answer: e. Conciliation

Explanation:

This process is known as Conciliation and it falls under the purview of the Federal Mediation and Conciliation Service of the United States.

Conciliation stands out from Mediation because with mediation, the third party that is helping both sides negotiate might not be trained but with Conciliation, the third part is a specialist in the process and thus will be more effective in dealing with the dispute.

4 0
3 years ago
Suppose that Congress is considering an investment tax credit, which subsidizes domestic investment. Which of the following accu
Mashcka [7]

Answer:A. Trade balance increases Exchange rate decreases

C. False

D. False

Explanation:

A subsidy on domestic investment will encourage more investment from the populace as the cost of investment will reduce which invariably means more goods are produce, export increase, trade balance increases and exchange rate decrease.

The real Interest rate will equally fall due to the subsidy and domestic investment increases.

3 0
3 years ago
Other questions:
  • A mutual aid working group typically includes the following
    14·1 answer
  • The Lory Company had net earnings of $127,000 this past year. Dividends of $38,100 were paid. The company's equity was $1,587,50
    6·1 answer
  • Sharon, who works in accounting, noticed that the accounting records of her firm drastically overstated the amount of inventory
    11·1 answer
  • Monumental, Inc. contracts with Champion Builders to erect a three-story office building on a parcel of land it has purchased. B
    5·1 answer
  • Which of the following is NOT a step in the strategic planning process?A) defining the company missionB) setting company objecti
    12·1 answer
  • Identify one way in which setting a goal can help a person budget<br> more effectively.
    7·1 answer
  • Last year Ace charged $1,469,867 Depreciation on the Income Statement of Andrews. If early this year Ace purchased a new depreci
    13·1 answer
  • You put $209 into an investment at 7% for four years. What will the balance be at the end of four years?
    7·1 answer
  • Sterling Company paid $1,200 for 3 months of rent on April 1 of the current year. On April 30, Sterling Company made an adjustin
    9·1 answer
  • Which of the following programs completes similar functions as those completed by Microsoft® Publisher?
    10·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!