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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

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Lady_Fox [76]

Answer:

$659,277

Explanation:

The computation of the manufacturing labor dollars per year over the three year period of performance is shown below:

For 3 year it is

= 3 × 1,800 hours × $31

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For 4.5 years, it is

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Foe 4 years, it is

= 4 × 1,800 hours × $31 × 1.025 × 1.025

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So, the manufacturing labor dollars per year is

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4 0
3 years ago
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Wittaler [7]

Answer:

The money supply should be set at 800

Explanation:

In this question, we are asked to calculate the value at which Fed should set the money supply at after fixing the interest rate at 7 percent.

We proceed as follows;

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To fix the interest rate at 7%, r= 7 and P = 2

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8 0
2 years ago
Sam takes a five-dollar bill from his wallet. He exchanges the bill for four quarters and four one-dollar bills. He then uses th
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Answer: Acceptability, portability and divisibility of money.

Explanation:

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7 0
3 years ago
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6 0
3 years ago
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Answer:

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Good practice has to be determined and documented in order to be continuously used.

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