Positive reputation in local community would attract new customer
The statement that ten percent of your grade for this assignment is based on your explanation of two basic principles of communication
is false because the answer is based on the grading rubric
of the week one assignment that was given.
Maintenance and operations are part of which career cluster: 2. Engineering
Although there are maintenance and operations in most career clusters, out of the choices listed the best answer is engineering. Many operations and maintence repairs are figured out by engineers because they have gone to school and have learned how to built these types of items. Operations and maintenance is needed in building refiners, power plants and repairing equipment.
Answer:
wheat, wheat
Explanation:
In the field of economics, absolute advantage may be defined as the ability of a producer to produce a particular goods or services at large amount or quantity at the same price or the same quantity at a very low price as compared to other producers. It means producing goods efficiently.
Whereas a comparative advantage of a product is defined as the ability of a producer to produce more goods and and consumes less of it at a lower opportunity cost when compared to its competitors.
Thus in the context, Country A has both an absolute advantage as well as comparative advantage in production of wheat.
Answer:
The correct answer is the letter b. Efficiency refers to maximizing the size of the pie; equality refers to distributing the pie fairly among members of society.
Explanation:
Efficiency is about maximizing production while minimizing costs, ie producing as much as possible with available resources. Equality refers to the distribution of production, that is, the division into economically considered fair parts of what was produced among the agents of society. In the example, efficiency would be to produce the largest pie possible given the existing resources. Equality would be the distribution of the pie considered socially fair.
