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Sonja [21]
3 years ago
7

What famous economist developed the principle of comparative advantage as we know it today?

Business
1 answer:
andreyandreev [35.5K]3 years ago
8 0
Adam Smith was the first who alluded to the concept of comparative advantage. This concept has later been elaborated by David Ricardo.
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This scenario illustrates that Venus Diner is striving for<u> "effectiveness".</u>


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Effectiveness , in business, alludes to the level of value with which an assignment or process is done that at last prompts higher by and large business execution.  

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4 0
3 years ago
Which of the following statements regarding inventory costing methods is correct? Multiple Choice In periods of inflation, LIFO
Lynna [10]

Answer:

In periods of inflation, LIFO will result in the lowest reported net income, and therefore a company will pay less in federal income taxes ⇒ TRUE STATEMENT

Explanation:

Last in, first out (LIFO) uses the  price of the last units purchased in order to determine the cost of goods sold. When inflation is high, prices tend to increase continuously, therefore, the price of the last units purchased will always be higher than the price of the first units purchased. This doesn't mean that exactly the last units purchased will be the ones sold, it is just an accounting method.

3 0
3 years ago
Kilala moba ako filipino ako panget mo ​
hammer [34]

Answer:

Mas pangít ka

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5 0
3 years ago
Suppose you are the CEO of a start-up toy manufacturer. You know that if your business is to be successful, you have to create a
Sauron [17]

Answer:

a. Leslie, who is independent and self-confident. She doesn’t need people to tell her what to do.

b. Malcolm, who loves to play. His last boss says that Malcolm was the "chief kid" in his last office.

c. Frankie, who has been in the toy business for 10 years and who knows what he’s doing, but who always likes testing a new idea.

Explanation:

In this scenario the CEO of a start-up toy manufacturer wants to create at least 10 wildly different toys in the next three years.

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Leslie is confident and does not need to be told what to do, so she will take initiative to do new things.

Malcolm loves to play and this will boost creative ideas.

Frankie likes testing new ideas and will be comfortable working creatively.

6 0
3 years ago
True or false: One of the challenges of hiring the correct number and type of salespeople is that every sales job is different.
Doss [256]
The answer is true



explanation : I had this question and got it right
6 0
3 years ago
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