Answer:
The correct answer is letter "C": the Macro Islands have a comparative advantage in producing fishing boats, and the Micro Islands have a comparative advantage in producing guava jelly.
Explanation:
Comparative advantage is an advantage an individual, organization or country has to use <em>opportunity costs</em> in their production compared to their competitors. The scenario described above does not imply that the individual, organization or country has an absolute advantage.
In the example proposed:
- Comparative advantage of Macro islands in fishing boats =
- Comparative advantage of Micro islands in fishing boats =
- Comparative advantage of Macro islands in jars =
- Comparative advantage of Micro islands in jars =
Thus, <em>the Macro Islands have a comparative advantage in producing fishing boats, and the Micro Islands have a comparative advantage in producing guava jelly.</em>
Answer:
carryover to 2020 = $2000
Explanation:
given data
gross income = $38,350
long-term capital loss = $5,000
standard deduction = $18,350
age = 35 years old
dependent = 2 children
to find out
How much of Ashley $5,000 capital loss carries over to 2020
solution
we know that here for the individual maximum capital loss deduction is
maximum capital loss deduction = $3000 for household
so that carryover to 2020 will be here
carryover to 2020 = 5000 - 3000 = $2000
Profit is the reward for risk taking in business so
The dividends encourage the people to buy shares in the company as they would receive a share of the profits made by business they invested in.
How much profit they'll make.
And if the company has a good potential and reputation.
Answer:
<em>Control</em>
Explanation:
The control cycle <em>is the incremental process in which tests are prepared, tracked, reviewed, and updated. </em>
The control cycle is widely used to continually monitor organizational expenditures and system flows.
The assumption when applying the control cycle to budgeting is that each subsequent iteration of the budget will be changed based on the information obtained when comparing the initial budget with actual results.
Answer:
B. each customer's reservation price.
Explanation:
Reservation price is the highest amount a buyer would be willing to pay for a good or service.
I hope my answer helps you
