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comparative study identifies the area where a producer’s absolute advantage is relatively greatest, or where the producer’s absolute disadvantage in productivity is relatively least. Group of answer choices relative advantage opportunity cost productivity advantage comparative advantage
<h3>What is
comparative study ?</h3>
Comparative research is a social science research methodology that aims to make comparisons across different countries or cultures. A significant issue in comparative research is that data sets from different countries may define or use different categories.
Comparative research seeks to identify similarities and differences among social entities. Comparative research attempts to contrast and compare nations, cultures, societies, and institutions.
Comparative research can help inform projects early on by providing fodder and direction for initial design concepts, as well as during design iterations when refining content, interaction, and overall architectural patterns.
To know more about comparative study follow the link:
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Answer:
Manufacturing cost= $92.5
Explanation:
Giving the following information:
Predetermined overhead rate= $4.2 per machine hour
Job 664:
2.5 machine hours
$26.00 of direct materials
4 hours of direct labor for $14 per hour.
<u>To allocate overhead, we need to use the following formula:</u>
Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base
Allocated MOH= 4.2*2.5= $10.5
<u>Now, the manufacturing cost:</u>
Manufacturing cost= 10.5 + 26 + 4*14
Manufacturing cost= $92.5
A. true because when your market goes down than you are losing money. when market goes up you are getting more money.
Answer: A) is the increase in total cost resulting from producing one more unit.
Explanation:
Marginal cost is the increase in total cost that a company incurs from producing one more unit of the good being produced. It includes both fixed and variable cost and can be calculated by dividing the change in cost by the change in quantity.
Marginal cost is an important metric in profit maximisation because it tells the point where profit is maximised when it equals Marginal revenue.
