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weqwewe [10]
4 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]4 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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in the short run, the equilibrium aggregate price level and aggregate output occur at the intersection of: please choose the cor
frez [133]

Movements of either the aggregate supply or aggregate demand curve in an AD/AS diagram will result in a different equilibrium output and price level.

Equilibrium is a state of a gadget wherein all forces performing at the machine are balanced. A device that is in equilibrium no longer alternates. The word has been used for exceptional standards from one-of-a-kind fields of taking a look at. Hydrostatic equilibrium applies to liquids. There are three distinctive forms of equilibrium. It's also categorized as strong, unstable, and impartial. A kingdom of rest or balance due to the identical motion of opposing forces. Same balance among any powers, influences, etc.; equality of impact. Mental or emotional balance; equanimity: The pressures of the situation prompted her to lose her equilibrium. In chemistry, equilibrium is the condition existing when a chemical reaction and its opposite response occur at the same costs. This noun is from Latin aequilībrium, from the prefix aequi- "same" plus lībra "a balance, scale."

Learn more about equilibrium here

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8 0
1 year ago
Which two of the three financial statements would you find Net Income on?
xxTIMURxx [149]

Answer:

C) Income Statement and Cash Flow Statement

Explanation:

The Income Statement shows a clear separate entry for the Net income which is calculated after all the deductions and additions.

Net Income is the first balance shown on the cash flow statement after which the calculations are carried out to find the flow of cash in and out of the company.

Net income is also shown in the Balance Sheet but not separately but together with retained earnings. It is added to the retained earnings and the amount is shown as a whole amount of retained earnings  or shown as a change in equity.

So best answer is C because the question asked is where would you find Net Income on?

Meaning separately. So it is separately present on Income Statement and Cash Flow Statement.

Otherwise it is present  on all three statements ( on balance sheet as part of retained earnings or equity).

6 0
3 years ago
A company budgeted unit sales of 320,000 units for January, 2016 and 315,000 units for February, 2016. The company has a policy
damaskus [11]

Answer:

Production for January 368,100

Explanation:

January Production:

sales requirement    320,000

desired ending inventory 35% of next month sales

35% of february sales

35% of 315,000 =     110,250

Total needs              430,250

beginning Inventory (62,150)

Production for January 368,100

Desired ending + sales is the amount we need to cover for january

the beginning inventory are work already done to reach this need, so we subtract it.

8 0
4 years ago
Primary drives are ________. learned unlearned produced by external incentives exceptions to the drive-reduction principle
Drupady [299]
Primary drives are UNLEARNED. Primary drives refers to basic biological needs that an organism experience from within the body, that is, they are caused by stimuli within the body. Examples of primary drives are thirst, hunger and need for sexual intercourse. Primary drives are unlearned because they are not taught, they are exhibited naturally. 
3 0
3 years ago
A contract clause which specifies the amount of damages to be paid in the event of a breach is called:
Usimov [2.4K]

A contract clause which specifies the amount of damages to be paid in the event of a breach is called C. a liquidated damages clause.

A contract clause is a specific section that is added into a clause and addresses specific subject matters or topics. These clauses are normally added to make sure each section understands and performs their duties.

6 0
4 years ago
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