Answer:
1) an absolute advantage is a monopoly..........................
2) a comparative advantage is when a country ......................
Explanation:
Lets consider the USA and SAUDI ARABIA as a case study and the products has OIL and CORN:
Saudi arabia has more advantage in poducing oil because of the vast natural resource of oil, human work force and technology which they have in abundance than the USA which is an absolute advantage while the USA also have vast vegetative land which can also produce corn in abundance which is also an absolute andvantage to the USA.
while comparing both advantages saudi also has the land to produce corn but not as much as the USA does so they wont want to monopolise on it in other to exchange for corn with the USA at lower cost and vice versa.
Answer:
Option (A) is correct.
Explanation:
Given that,
Amount withdraw by Pete Mills = $10,100
Mutual charges on amount withdrawn = 6%
Therefore, the dollar amount of the withdrawal charge;
= Amount withdraw by Pete Mills × Percent charges by mutual fund on withdrawal of fund
= $10,100 × 0.06
= $606.00
Hence, the correct answer is $606.00
Answer:
12 banjos
Explanation:
It will take 6 month for Katie to produce 30 Guitars, in that time she would forgive 12 banjos, so, 12 banjos is opportunity cost for Katie.
Answer:
debit to Bad Debt Expense for $14590.
Explanation:
The computation is shown below:
= Uncollectible estimated balance - credit balance of the allowance for doubtful debts
= $15,800 - $1,210
= $14,590
The same should be debited to the bad debt expense
Hence, the last option is correct
According to Quora dot com, US magazines are viewed as historically dependent on advertising revenue hence why subscriptions to magazines are historically very low as advertising is used to subsidise cover price or subscription cost.
With the general collapse of print publications in the US, particularly led by the drying up of physical newsstand presence, magazines have a harder time getting into consumer's hands. This means that advertisers are less likely to spend in a publication (readership decreasing) and then advertising revenues go down, making magazines less and less profitable.
I realize this is quit lengthy so I'd sum it up to saying the business model for magazines has traditionally been the selling of advertising space ... Not sure if this is what you're looking for