Answer:
<h2>The United States has the comparative advantage in car production.</h2>
Explanation:
- Japan has a lower opportunity cost of producing televisions compared to cars, implying that Japan basically has to give up or sacrifice or trade off relatively less number of cars to produce one more television compared to the production of one more car.
- Alternatively, US has a lower opportunity cost of producing cars relative to televisions meaning that US has to give up, sacrifice or trade off less number of televisions to manufacture one more car in comparison to the production of one more television.
- Hence, in this case,US has a comparative advantage in the production of cars and Japan has a comparative advantage in production of television and both countries can produce these respective commodities by using relatively less productive resources or factor inputs.
Answer:
d
Explanation:
Systemic risk are risk that are inherent in the economy. They cannot be diversified away. They are also known as market risk. examples of this risk include recession, inflation, and high interest rates. Investors should seek compensation for systemic risk. Systemic risk is measured by beta. The higher beta is, the higher the systemic risk and the higher the compensation demanded for by investors
GM has a higher beta and thus it has a higher systemic risk
total risk is measured by volatility. The higher the volatility, the higher the total risk . GM has a higher volatility
The principle of opportunity cost is taken into consideration when considering starting a sandwich shop, but are comparing that to the idea of staying at your current job.
<h3>What is opportunity cost?</h3>
It is the value or benefit loss when an alternative is selected. The value of the job or product to be dropped will be given up to choose something else.
Therefore, the principle of opportunity cost is taken into consideration when considering starting a sandwich shop, but are comparing that to the idea of staying at your current job because of the benefits that will be forgone in the current Job.
For more details on opportunity cost kindly check
brainly.com/question/1549591
A free market is a type of economy which allows the manufacturers and consumers to interact resulting to the relationship between the supply and demand market. This is different from the command market in which the government controls solely. One of the countries with strong free market economy are B. US, UK, HK and Singapore.
Answer: Option (A) is correct.
Explanation:
Outsourcing is known as the agreement under which one organization hires or employee another organization in order to be responsible existing or for a planned activity that tends to be done internally, and at times involves transferring workers and assets from an organization to another.
Inshoring is referred to as the opposite of Offshoring. It is known as the process or method of moving an organization or its business operation from abroad to a local country. It is also referred to as outsourcing of workers domestically.
