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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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Pheasant Co. can further process Product B to produce Product C. Product B is currently selling for $30 per pound and costs $28
Gnom [1K]

Answer:

differential cost of producing product C = $24 per pound

Explanation:

given data

B  currently selling = $30 per pound

produce cost = $28 per pound

C would sell =  $60 per pound

produce additional cost = $24 per pound

to find out

What is the differential cost of producing Product C

solution

we get differential cost of producing product C is express as

differential cost of producing product C = cost of (B+C) - cost of B   .............1

put here value we get

differential cost of producing product C =  (28+24) - 28

differential cost of producing product C = $24 per pound

3 0
3 years ago
Three individuals form Skylark Corporation with the following contributions: Cliff, cash of $50,000 for 50 shares; Brad, land wo
erastova [34]

Answer:

C. Ron’s basis in his stock is $27,000

Explanation:

Income recognized on services rendered $21,000

Add basis of $6,000

Ron stock basis $27,000

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Hence, the control requirement is satisfied and a valid § 351 transaction results. Ron’s stock basis is $27,000 [$6,000 (basis of cattle transferred) + $21,000 (income recognized on services rendered)]

4 0
3 years ago
what is designed to ensure that the day to day activities are consistent with the established plans and objectives
kodGreya [7K]

Operational control systems are made to make sure that daily operations follow predetermined plans and goals.

What is operational system?

Data warehousing (tabular form) uses the phrase "operational system" to describe a system that processes an organization's daily transactions. Automating corporate processes is the main goal of operational systems.

Operational control systems have established strategies and objectives and concentrate on daily operations. Management control systems are the ancestors of operational control systems. Operational control systems oversee daily operations as well as training initiatives, employee engagement, leadership, and communication.

As a result, operational control systems are designed to ensure that day-to-day actions are consistent with established plans and objectives.

Learn more about on operational system, here:

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6 0
1 year ago
Ramiro has been a forklift driver for the local grocery store for six years. He earns $32,000 a year. He works with a nice crew.
laiz [17]

Answer:

social context

Explanation:

Social context -

It refers to the physical environment in which the people live , is referred to as the social context  .

It is also known as the sociocultural context or social environment  .

Social context consists of all the living as well as non living things , the people living in the society have certain impacts from the outside environment , which can be good as well as bad .

In the given scenario of the question ,

Ramiro has very positive impact from the social context , and hence he is very satisfied and happy with his job .

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Stagflation is the simultaneous occurrence of _____ unemployment and _____ inflation
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