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
andre [41]
3 years ago
15

The existence of trade for country that has developed an expertise or reputation for quantity in the production of a particular

good is best explained by
Business
1 answer:
4vir4ik [10]3 years ago
5 0

The existence of trade for country that has developed an expertise or reputation for quantity in the production of a particular good is best explained by <u>"acquired comparative advantage".</u>


A few business analysts make a distinction among natural and acquired comparative advantages. A natural comparative advantage exists inside a nation that has regular assets that are required to create an item, while a procured near favorable position is the favorable position picked up by an individual or a nation by investing a great deal of energy or assets delivering an item. For example, Saudi Arabia has a a natural comparative advantage with its tremendous stores of oil. (Saudi Arabia additionally has an outright favorable position in oil, since the expense of its extraction is not exactly somewhere else.) Since Saudi Arabia has couple of different assets, without exchange, it would be amazingly poor; in view of exchange, it is to a great degree affluent. Japan, then again, has couple of normal assets, yet it has an acquired comparative advantage in its assembling and business know-how, which it has created throughout the years.

You might be interested in
Walden Industries is considering investing in productionminusmanagement software that costs $ 630 comma 000​, has $ 60 comma 000
nadya68 [22]

Answer:

345,000

Explanation:

accounting rate of return:

\frac{net \:profit}{average \: investment}

The average investment will be the average between the ending and beginning book value of the investment:

In this case, the acquisition of the software and his salvage value at the end of the useful life.

( 630,000 + 60,000 ) / 2 = 345,000

4 0
2 years ago
Consider the market for portable air conditioners in equilibrium. A summer of unseasonably cool weather would cause:
RSB [31]
C.

First consider the effects on demand and supply. What will occr is that demand will decrease and the curve will shift to the left. As a result, if you draw the diagram out, equilibrium price and quantity will decrease.
4 0
3 years ago
Read 2 more answers
Tuller wants to start a commercial trucking business and also wants to form his own limited liability company (LLC). Tuller, as
sweet-ann [11.9K]

Answer:

d, all states, as no state requires at least two members to create an LLC

Explanation:

The requisite of two members to create an LLC was removed from all states in the USA. Now, all states allow a single-member LLC. Massachussets was the last one to eliminate that requisite in 2003.

Maybe this change in laws was because owners cheated on that requisite by placing as the two members (owners) a man and his wife, or a woman and her husband, or some other person (in direct relation with the owner) which was just placing the name but the company actually belonged to only one member.

4 0
2 years ago
Excerpts from Huckabee Company's December 31, 2021 and 2020, financial statements are presented below: 2021 2020 Accounts receiv
Setler79 [48]

Answer:

71.57 days

Explanation:

For computing the average collection period first we have to determine the account receivable turnover ratio which is shown below:

Account receivable turnover ratio = Credit sales ÷ average accounts receivable

where,  

Average accounts receivable = (Opening balance of Accounts receivable + ending balance of Accounts receivable) ÷ 2

= ($75,000 + $83,000) ÷ 2

= $79,000

And, the net credit sale is $403,000

Now put these values to the above formula  

So, the answer would be equal to  

= $403,000 ÷ $79,000

= 5.10 times

Now

Average collection period in days = Total number of days in a year ÷ accounts receivable turnover ratio

= 365 days ÷ 5.10 times

= 71.57 days

5 0
2 years ago
The Dawson Company manufactures small lamps and desk lamps. The following shows the activities per product and the total overhea
Aleks [24]

Answer:

The total factory overhead to be charged to the desk lamps is $235,000

Explanation:

solution attached below

8 0
3 years ago
Other questions:
  • The drugstore chain CVS uses loyalty-card data to better understand what consumers purchase, the frequency of store visits, and
    6·1 answer
  • Rather than subscribing to a public microblogging service, some companies implement ________ that are intended for internal use
    14·1 answer
  • As a sole proprietor, Jessica took out a loan to buy equipment for her in-home business. If Jessica's business does not make eno
    10·1 answer
  • Midwest Corporation has provided the following data concerning manufacturing overhead for 2020:
    13·1 answer
  • Which stage of the funding life cycle would be most closely associated with funding amounts below $50,000
    5·1 answer
  • Billy never lets money stay in his pockets, he thinks if it is there he has to spend it. Often he spends it on useless "stuff".
    5·1 answer
  • The first step in the control process is ________. A) setting the desired morals
    14·1 answer
  • ook at these two sentences about Undeposited Funds: By posting to Undeposited Funds, you can create a single bank deposit for mu
    12·1 answer
  • What is the relationship between interest rates and aggregate spending?
    11·1 answer
  • 2 Study Guide-000 N
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!