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gogolik [260]
3 years ago
7

Comparative advantage A. is unlikely to​ change, once it has been defined. B. may change as time passes and circumstances change

. C. is determined by governments of nations across the globe. D. is independent a countries skilled and unskilled labor quantities.
Business
1 answer:
Alona [7]3 years ago
8 0

Answer:

The correct answer is B. may change as time passes and circumstances

Explanation:

The concept of comparative advantage is one of the basic foundations of international trade. It assumes as decisive the relative costs of production and not the absolute ones. In other words, countries produce goods that have a lower relative cost compared to the rest of the world.

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When choosing a type of media to use what should be considered? Why?
marusya05 [52]

Answer:

sanp

Explanation:

because evry one of my frindis use it

8 0
3 years ago
In a production operation of an electronics firm, a company manufactures I/O circuit chips that is used in a final assembly proc
Feliz [49]

Answer:

defective

Explanation:

In an electronic firm it is necessary to keep check for every circuit as they turn out to be defective. There can be minor error is circuit formation but this will be considered as defective because circuits are very sensitive and even minor error can lead to short circuits which could lead to a disaster. It is necessary for a firm to keep track and quality of every circuit should be checked.

3 0
3 years ago
On June 30, 2021, the Esquire Company sold some merchandise to a customer for $66,000. In payment, Esquire agreed to accept a 8%
umka21 [38]

Answer:

Esquire Company

Date                            Particulars                  Debit           Credit

30 June                   Accounts  Receivable            $ 66,000

                                         Sales                $ 66,000

On June 30, 2021, the Esquire Company sold some merchandise to a customer for $66,000.

31 Mar                 Note Receivable         $ 66,000

                                  Account Receivable                  $ 66,000

Esquire agreed to accept a 8% note requiring the payment of interest and principal on March 31, 2022.

31 December   Notes Receivable                       $ 66,000

                                Interest Receivable               $ 3960

                                            Sales                           $ 66,000

                             Interest Revenue                          $ 3960

To record the accrued interest earned. $66,000*8%= $ 5280. As it is for nine months the amount would be $ (5280/12)*9= $ 3960

31 March                  Cash                $ 71,280

                                              Interest Income $ 5280

                                                      Notes Receivable $ 66,000

March 31, 2022 collection of Note receivable and interest accrued.                    

2. The income will be understated by an amount of $ 3960 in 2021 if an adjusting entry is not made on Dec 31 of accrual interest.

The adjusting entry on 31st December 2022 of the interest accrual will not be required as interest has been received on March 31st 2022.

The income will be understated by $ 5280 in 2022 if an adjusting entry is not made on Mar 31st 2022 of the interest received.

8 0
3 years ago
At the beginning of year 2, a government entity had a $500,000 judgment outstanding. The government entity paid $400,000 of the
viktelen [127]

The amount that the government entity report should report as a liability for the judgment in its year 2 governmental fund financial statements is $25000.

<h3>What is liability?</h3>

"At the beginning of year 2, a government entity had a $500,000 judgment outstanding. The government entity paid $400,000 of the judgment during year 2. The remaining balance of the judgment includes $25,000 payable early in year 3 and $75,000 payable at the end of year 4. What amount should the government entity report as a liability for the judgment in its year2 governmental fund financial statements?

A) $500,000 B) $100,000 C) $75,000 D) $25,000

It should be noted that liability simply means the future sacrifices of economic benefit that an entity is obliged to make.

Here, the amount that the government entity report should report as a liability for the judgment in its year 2 governmental fund financial statements is $25000.

Learn more about liability on:

brainly.com/question/25012970

#SPJ4

8 0
1 year ago
Jones &amp; Hilton Co. owned a large cold storage warehouse where they stored and processed meat and meat products. An insider r
8090 [49]

Answer:

4. U.S. Department of Agriculture

Explanation:

The U.S. Department of Agriculture, one of the most powerful executive departments in the United States, has as one of its functions the responsability to ensure food safety.

For this goal, it has one subdivision: the Food Safety and Inspection Service, which has over 9,000 employees across the U.S.

That is the specific department that would carry out the inspection, and initiate legal proceedings in case of irregularities. It is in charge of ensuring food safety for consumers in the places where food is manipulated, distributed, and sold.

4 0
3 years ago
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