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
alina1380 [7]
3 years ago
9

The law of comparative advantage explains why a. specialization and exchange will make it possible for trading partners to expan

d their joint output. b. there will be an inverse relationship between the price of a product and the quantity of it that will be demanded. c. larger firms will have lower per unit costs than smaller firms. d. an increase in the price of a good will lead to an expansion in the quantity supplied by business firms.
Business
1 answer:
AleksandrR [38]3 years ago
7 0

Answer:

Option (a) is correct.

Explanation:

The law of comparative advantage states that a country is producing and exporting a good in which it has a comparative advantage and importing a good in which it has a comparative disadvantage.

Therefore, this will make the countries more specialized and there is an exchange of goods among the trading nations.

Each country is then specialized in the production of a good in which it has a comparative advantage and hence, the joint output of the trading nations increases.

You might be interested in
The ""covenant"" traditionally signifies the a. relationship between Abraham (and later Moses) and Jahweh. b. merging of Judaic
Bogdan [553]

The correct answer to the question above is:

a. relationship between Abraham (and later Moses) and Jahweh.

The covenant was first established by Jahweh with Abraham. He showed his faith to Jahweh’s promises, obedience to His commandments, and worships Him with all his heart.

Download docx
8 0
3 years ago
Olivia was returning from her break when her boss saw her and stated, "I noticed your break was especially long this afternoon."
mamaluj [8]

The given change in Olivia’s work presentation happened because of Filtering

<u>Explanation: </u>

A communication barrier is something that stops us from accessing and interpreting communications that other people use to communicate their knowledge, thoughts, and ideas.

Filtering is a transmitter that handles information in this way the recipient would be included more favorably. The number of rates in an organization's framework is the main factor in determining of the filtering. Filtering also happens when the recipient of the message enables multiple persons to pass the information before reaching their final destination.

A Few examples of filtering have included a manager who leaves her boss, the vice-president, in the midst of the bad news, with the poor sales statistics from her division.

6 0
3 years ago
Sheridan Company sells its product for $7100 per unit. Variable costs per unit are: manufacturing, $4400, and selling and admini
Minchanka [31]

Answer:

                 Sheridan Company

                  Income Statement

  For the year ended December 31, 202x

Sales revenue                                $170,400

Cost of goods sold                      <u>($129,600)</u>

Gross profit                                     $40,800

Period costs                                  <u>($24,000)</u>

Operating income                           $16,800

cost of goods manufactured 2019 (or 2020, it is the same)= (20 x $4,500) + $18,000 = $108,000 / 20 = $5,400 per unit

COGS 2020 = 24 x $5,400 = $129,600

sales revenue = 24 x $7,100 = $170,400

4 0
3 years ago
On January 1, 2017, Smeder Company, an 80% owned subsidiary of Collins, Inc., transferred equipment with a 10-year life (six of
maks197457 [2]

Answer:

Credit accumulated depreciation for 2017 is $46,000

Explanation:

Accumulated depreciation increases as a result of increase in depreciation charged on fixed assets.

Given that:

Accumulated Depreciation = $48,000

Deferred Gain on Transfer = $12,000

Amortization of Gain = Deferred Gain on Transfer / 6 years remaining = $12000 / 6 = $2000

Credit to Accumulated Depreciation for 2017 = Accumulated Depreciation - Deferred gain on transfer = $48000 - $2000 = $46000

8 0
3 years ago
If we assigned three people to work with you on a complex project containing 75 tasks that you were responsible for, how would y
Anni [7]
First of all, I will try to get to know people who were assigned to me. as I will have 75 tasks and equality is very important to me, I will give each person 25 task. if they will have some problems with given task I will try to help them or change their tasks so they can be more comfortable with their work. As a leader, i will do work as well, if my team will have some problems i will listen to them and solve those problems together. 
3 0
3 years ago
Other questions:
  • Five years ago, Miller Manufacturing spent $150,000 on a new piece of industrial machinery. Six months ago, the firm spent $32,0
    6·1 answer
  • Why have the fortunes of the English gentry degenerated?
    5·1 answer
  • The following transactions are for Oriole Company.
    8·1 answer
  • Veronica Gilbert is an accountant for a surf shop that is expanding their retail store locations. Her supervisor has assigned he
    9·1 answer
  • Expenses that are not easily associated with a specific department, and which are incurred for the joint benefit of more than on
    5·1 answer
  • Ray started out with one small print shop. His business has grown so much that he now has two other branches across town. Ray ha
    13·2 answers
  • Consider an auctioneer who is selling an item through an auction. It is known that the 25 risk-neutral bidders have affiliated v
    7·1 answer
  • The free-rider problem; A. Arise from the ability to exclude an individual from the benefits of someone else's purchase B. Is a
    11·1 answer
  • i will give brainiest if right please answer, Parker wants to develop new food sources for less-developed countries. He was rais
    15·1 answer
  • In a(n) __________ organization, managers encourage employees to work more as teammates than as subordinates who take orders fro
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!