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weqwewe [10]
3 years ago
15

When one nation can produce a product at lower cost relative to another nation, it is said to have a(n) __________________ in pr

oducing that product. Group of answer choices
Business
1 answer:
guajiro [1.7K]3 years ago
8 0

Answer:

absolute advantage

Explanation:

In such a scenario the nation is said to have an absolute advantage in producing that product. Like mentioned, this term refers to the ability of a nation to be able to produce a greater quantity of a good, product, or service than its competitors at a lower cost. This allows the nation to profit massively as well as having more opportunities.

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Company P has owned 80 percent of Company S for a number of years. This year Company P bought inventory for $100,000 and sold it
Vesna [10]

Answer:

don't know

Explanation:

3 0
2 years ago
Olivia is willing to pay $185 a month for four years for a car payment. if the interest rate is 4.9 percent, compounded monthly,
Grace [21]
Let x = the price of the car that Olivia can afford.

Down payment = $2,500
Remaining amount to be financed is P = x - 2500.

Total payments should equal the monthly payments.
The total payment over 4 years (48 months) is
A  = $185*48 = $8,880

The rate is r = 4.9% = 0.049.
The compounding interval is n = 12.
The time is t = 4  years.
The amount financed is P = $(x - 2500).
Therefore
(x - 2500)(1 + 0.049/12)⁴⁸ = 8880
1.216(x - 2500) = 8880
x - 2500 = 7302.63
x = 9802.63
Olivia can afford a car priced at $9,802.63.

Answer: $9,802.63

4 0
3 years ago
Supler Corporation produces a part used in the manufacture of one of its products. The unit product cost is $21, computed as fol
Len [333]

Answer:

$4 advantage

Explanation:

In this question we need to compare the cost between the relevant cost and the outside supplier cost

The relevant cost is

= Direct material per unit + direct labor per unit + variable manufacturing overhead per unit + fixed manufacturing overhead per unit

= $8 + $5 + $3 + $5 × 80%

= $8 + $5 + $3 + $4

= $20

Since 80% of the fixed manufacturing cost above is eliminated so we considered the same

And, the outside supplier cost is $16

So based on the above calculation, the financial advantage is

= $20 - $16

= $4 advantage

This shows the company should purchased from outside supplier as it saves $4

3 0
3 years ago
The charter of Vista West Corporation specifies that it is authorized to issue 209,000 shares of common stock. Since the company
stealth61 [152]

Answer:

209,000 shares

Explanation:

The company is authorized to issue 209,000 shares which represent maximum shares that can be issued. Authorized shares is the maximum number of shares a company can issue and this is stated in the corporate charter.

5 0
3 years ago
Which of these situations does NOT require a food handler to wash their hands? A. After handling garbage or dirty dishes B. Afte
Tamiku [17]
The correcto answer for this question is the letter c
7 0
3 years ago
Read 2 more answers
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