The answer to your question is B.
Answer:
. All countries can gain from trade if they all specialize in production according to comparative advantage
Explanation:
Comparative advantage is when a country produces a product at a lower opportunity cost when compared with its trading partners.
Absolute advantage is when a country produces more quantities of goods and services than its trading partners.
A country can still have comparative advantage in production if opportunity cost is increasing once it's opportunity cost doesn't become greater than that of its trading partners.
A country can have comparative advantage without having absolute advantage.
I hope my answer helps you.
Answer:
A contractual marketing system
Explanation:
Java Jane's most likely adopted a contractual marketing system.The contractual system is a vertical marketing system in which all the companies involved tend to work independently as individual entities. Regardless of working independently, they also work together to achieve greater goals and efficiencies.
They are also known as value-added partnerships since they work hand in hand to create value for other entities that are involved
Answer:
$400
Explanation:
Gross domestic product is the total sum of final goods and services produced in an economy within a given period which is usually a year
GDP calculated using the expenditure approach = Consumption spending by households + Investment spending by businesses + Government spending + Net export
Net export = exports – imports
Inventory grew by (200 - 100) $100
$50 of value was created
total gdp = $100 + $250 + 50 = $400
Answer:
$5,592
Explanation:
Given:
Number of calculators ordered = 25
Cost of each calculator = $4747
thus,
Total cost of the calculators ordered = 25 × $4747 = $118,675
Selling cost of each calculator = $5656
Number of calculators sold = 22
Total revenue = 22 ×$5656 = $124432
Number of calculators returned = 3
Charges for returning the calculator = $55
Total charges for returning the calculators = 3 × $55 = $165
Now,
The total profit
= Total revenue - Total cost of the calculators - Total charges for returning
= $124432 - $118,675 - $165
= $5,592
