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
lisov135 [29]
3 years ago
11

Which relationship BEST illustrates a comparison of absolute advantage and comparative advantage? A) A country with an absolute

advantage will always have a comparative advantage in producing products. B) A country with a comparative advantage can produce a greater output of a products than a country with an absolute advantage. C) A country with an absolute advantage can produce a product at a lower opportunity cost than a country with a comparative advantage in producing all products. D) A country with a comparative advantage can produce a product at a lower opportunity cost, even if another country has an absolute advantage in the production of all goods.
Business
2 answers:
lutik1710 [3]3 years ago
7 0

Answer:

D) A country with a comparative advantage can produce a product at a lower opportunity cost, even if another country has an absolute advantage in the production of all goods.

Explanation:

Comparative advantage is when a country produces a product at a lower opportunity cost when compared with a country.

An absolute advantage is when a country produces greater quantities of a product when compared with another country.

I hope my answer helps you

soldier1979 [14.2K]3 years ago
6 0

Answer: D

Explanation: UsaTestPrep

You might be interested in
According to Fred Luthans and his associates' study of 450 managers, ________ made the largest contribution to the success of ma
dedylja [7]

Answer and Explanation:

A) networking

6 0
3 years ago
Twilight Company uses the aging of accounts receivable method to estimate Bad Debt Expense. The balance of each account receivab
AnnZ [28]

Answer:

a.                          Acct. receivable   % uncollectible   Est. uncollectible

1-30 days old           $63,000                      3%                    $1,890

31-90 days old         $12,000                      14%                   $1,680

> 90 days old           $5,000                       37%                  <u>$1,850</u>

                                                                   Total                   <u>$5,420</u>

b. Date   General journal                                         Debit    Credit

Dec 31    Bad debts expenses                                $5,150

                      Allowance for doubtful accounts                   $5,150

              ($5,420 - $270)

6 0
3 years ago
During the sales presentation, the prospect interrupted the salesperson’s presentation and said, "Wait a minute.  This looks lik
Hatshy [7]

Answer: Postpone

Explanation:

In marketing, one of the ways to handle an objection is to postpone it until the end of the presentation. In the course of the presentation, the client may think that the project has a certain cost and it will not work or another reason, in this case, postponing it is one of how a person can present their idea until the end, to convince the potential client.

In this case, the seller handled himself well by telling him that the program is cheap and that he will explain the price in a moment, allowing him to express everything related to his program, giving him a chance for prospects they can know the program in its entirety.

3 0
3 years ago
Two drivers—tom and jerry—each drive up to a gas station. before looking at the price, each places an order. tom says, "i'd like
Tatiana [17]
Price elasticity of demand is defined by Change in Quantity demanded / Change in Price. 

Tom ordered 10 gallons of gas without asking about the price. This means that no matter the price, Tom orders the same quantity of gas (quantity demanded does not change with price). His demand is perfectly inelastic, or 0. 

Jerry orders $10 worth of gas. This means that no matter how much it gives him, Jerry will pay $10. The price elasticity of demand depends on how much the price changes by.
For example, if price doubles from $5/gal to $10/gal, demand falls by 50% (2 gallons to 1 gallon), making his price elasticity -0.5
If the price increase 10% from $10/gal to $10.10/gal, demand falls 1% from 1 gal to .99 gallons, making his price elasticity -0.1
6 0
3 years ago
Cannonier, Inc., has identified an investment project with the following cash flows. Year Cash Flow 1 $ 1,040 2 1,270 3 1,490 4
Zolol [24]

Answer:

Total FV= $7,313.7

Explanation:

Giving the following information:

Year Cash Flow 1 $ 1,040 2 1,270 3 1,490 4 2,230

Discount rate= 9% = 0.09

<u>To calculate the future value, we need to use the following formula on each cash flow</u>:

FV= Cf*(1+i)^n

FV1= 1,040*(1.09^4)= 1,468.04

FV2= 1,270*(1.09^3)= 1.644.69

FV3= 1,490*(1.09^2)= 1,770.27

FV4= 2,230*1.09= 2,430.7

Total FV= $7,313.7

4 0
3 years ago
Other questions:
  • Both the medical model and the public health model have in common:
    5·1 answer
  • What is the nature of Woolworths
    11·1 answer
  • 27) Cooley Landscaping Company needs to borrow $30,000 for a new front-end dirt loader. The bank is willing to loan the funds at
    11·1 answer
  • Nobel laureate Paul Samuelson said that comparative advantage is one of the few ideas in economics that is both "true and not ob
    8·1 answer
  • Which factor of production controls and gives direction processes?
    8·2 answers
  • On the balance sheet, total assets minus net fixed assets equals:________.
    11·1 answer
  • Hello Anyone In The World?? :(
    13·2 answers
  • Evaluating debt burden. Ted Phillips has a monthly take-home pay of $1,685; he makes payments of $410 a
    12·1 answer
  • Calculate the simple interest and maturity vale. (do not round intermediate calculations. Round your answers to the nearest cent
    12·1 answer
  • Pierce company's break-even point is 23,000 units. its product sells for $33 and has a $14 variable cost per unit. what is the c
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!