Answer:
b. there are no gains from specialization and trade between the two countries.
Explanation:
If the two countries are producing goods with the same opportunity cost, then there is no need or advantage gained from the trade of goods between these two countries.
Usually, countries trade with each other if one has a comparative advantage of producing one good over the other trading country. Then in this case is can specialize in making that good and trade the excess to the other country.
However, in the case when two countries are producing apples and oranges. And opportunity cost producing orange for country 1 is one apple and same for country 2
Opportunity cost for Country 1 : 1 Apple = 1 Orange
Opportunity cost for Country 2 : 1 Apple = 1 Orange
Then countries will gain no additional benefit from specializing in one good.
There is little quality control over the information on many websites, These factors limit the usefulness of the world wide web as a source of information for research consumers. Option C
This is further explained below.
<h3>Which of these factors limits the usefulness of the world wide web as a source of information for research consumers</h3>
Generally, Market researchers often conduct consumer surveys to learn more about consumers' preferences, interests, and shopping habits.
In conclusion, Internet research is hindered by the fact that content on many websites is not subject to quality assurance measures. Choice (C)
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CQ
Which of these factors limits the usefulness of the World Wide Web as a source of information for research consumers?
a. Downloading from the Web can be a slow process.
b. Nontext capabilities reduce the professionalism of presentations.
c. There is little quality control over the information on many websites.
d. Much of the available information is too technical to be understood by the casual reader.
Answer:
C. The firm is profitable because profit equals $27,500.
Explanation:
For computing the profit, the following formula should be used
Profit = Total revenue - total cost
where,
Total revenue = Number of units sold × market price
= 20,000 units × $15
= $300,000
And, the total cost would be
= Labor cost of the firm + total capital stock × given percentage
= $248,500 + $400,000 × 6%
= $248,500 + $24,000
= $272,500
Now the profit would be
= $300,000 - $272,500
= $27,500
Answer:
E.match its core competencies.
Explanation:
The Mayo Clinic in Minnesota is known for top-quality medical care and focusing its efforts on satisfying customer needs that match its core competencies.
every organization has is desire goals and vision.
the goals and vision of Mayo clinic is satisfying customer need which made them provide all the social amenities and medical equipment and infrastructure needed for quality treatment of patient.
with this core competencies : its makes then increase and advance there there establishment to other countries.
