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.
This legislation is called the Fair Labor Standards Act.
This act gives rights to United States workers. Among these rights are child labor laws, the requirement of employers to pay overtime to workers who work over 40 hours per week and also sets a minimum wage that must be paid to employees.
Coca Cola follows a price discrimination strategy in its marketing mix and the target market is younger customers within the age bracket of 10-25.
<h3>What is Marketing mix?</h3>
These are set of marketing tools that the firm uses to pursue its marketing objectives in the target market.
Coca Cola follows a price discrimination strategy in its marketing mix means that they charge different prices for their products and its target market are young customers.
Read more about Marketing mix here brainly.com/question/859394
Answer:
$76,000
Explanation:
If we are going to prepare a flexible budget we need to calculate how much Seaworthy should have spent in labor costs in order to produce 2,000 units:
labor cost = 2 hours per unit x $19 per hour x 2,000 units = $76,000
If we compare the flexible budget to Seaworthy's actual costs, we will find an unfavorable variance of $250,000 (=$326,000 - $76,000). Obviously something went wrong with Seaworthy's production.
Answer:
The colleague has committed a violation because your customer's order could move the price of ABC stock
Explanation:
Front running is also called tailgating. It is a prohibited practice where a trader enters into a position security based on non-public information about a large trade that will influence the price of the security.
The trade is initiated to take advantage of the new price that the large trade will cause. The position is entered before the large trade occurs.
In this scenario your neighbour heard you telling your client to but 100,000 share of ABC. Because the transaction will influence the market he also tells his client to buy 10,000.
This is tailgating and it is a violation.
