Answer:
c. comparative advantage in
Explanation:
In economics, comparative advantage is the advantage a trade party has over the other party, in the production of a a particular good that has a relatively lower opportunity cost. It simply involves exploring the option that has overall best package.
North Carolina has a comparative advantage in sweet potato production relative to Florida, as the opportunity cost involved is lower, since there is little potential benefits North Carolina will get in the production of oranges.
The fish cannery will use the recycling method, regardless of who has the property rights: TRUE
<h3>
What is recycling?</h3>
- Recycling is the process of gathering and converting resources into new goods that would otherwise be thrown away as waste.
- Both the environment and your community may benefit from recycling.
<h3>
Given situation:</h3>
"Suppose the fish cannery has the property rights to the lake, including the right to pollute it.
In this case, assuming the two firms can bargain at no cost, the fish cannery will use the recycling method, and the resort will pay the fish cannery between $300 and $800 per week.
The resort will make the most economic profit when it has property rights to a clean lake."
Therefore, the following statement "the fish cannery will use the recycling method, regardless of who has the property rights is TRUE.
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Answer:
sale price is $0.78
Explanation:
Given data
assets = $10,000,000
rate = 7% = 0.07
Sales volume = 350,000 units per year
Variable costs = $16 per unit
Fixed costs = $1,500,000 per year
to find out
sales price per unit
solution
we find required return that i s
return = asset × rate
return = 10,000,000 × 0.07
return = $700000
so here total cost = Sales volume × Variable costs + fixed cost
put here all these value
total cost = 350000 × 16 + 1,500,000
total cost = $7100000
so now for sale price
sale price = total cost + required return / sale
put all these value
sale price = ( 7100000 + 700000 ) / 10,000,000
sale price is $0.78
Systems thinking corresponds to the view that an organization is a complex system where each department is integrated to achieve the same objectives and goals established by strategic planning.
<h3 /><h3>The four main components of systems thinking</h3>
It is an approach whose ideas base systems thinking on the four components, which are:
- Making distinctions
- Organizing systems
- Recognizing relationships
- Taking multiple perspectives
Therefore, through the four components of systems thinking, management can be carried out more effectively, focusing on the organizational structure according to a more comprehensive and interconnected view.
A manager with a systemic view will base his administration on the continuous improvement of each organizational system for the process to flow effectively.
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Ethics<span> and </span>laws are <span> different in that </span>ethics<span> are social guidelines based on moral principles and values while </span>laws<span> are rules and regulations that have specific penalties and consequences when violated. </span>Ethics<span> do not have punishments, fines or associated penalties when people fail to abide by them while </span>laws<span> do.</span>
