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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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HELP PLEASE NOW!!!!!List the four stages of ability development. Provide an example of a person developing a specific ability. W
xeze [42]

Answer:

Sensorimotor Stage (0 - 2 years)

Preoperational Stage (2 - 7 years)

Concrete Operational Stage (7 - 11 years)

Formal Operational Stage (11 - 15 years)

Explanation:

8 0
3 years ago
To conduct an experiment, a movie theater increased movie ticket prices from $9 to $10 and measured the change in ticket sales.
marusya05 [52]

Answer:

RELATIVELY INELASTIC

more elastic

less

Explanation:

Price elasticity of demand measures the responsiveness of quantity demanded to changes in price of the good.

Price elasticity of demand = percentage change in quantity demanded / percentage change in price  

If the absolute value of price elasticity is greater than one, it means demand is elastic. Elastic demand means that quantity demanded is sensitive to price changes.  

Demand is inelastic if a small change in price has little or no effect on quantity demanded. The absolute value of elasticity would be less than one

Demand is unit elastic if a small change in price has an equal and proportionate effect on quantity demanded

If demand is relatively inelastic and price increases, there would be little or no change in the quantity demanded and as a result, total revenue would increase

If demand were elastic and prices were increased, quantity demanded would fall more than the increase in price. As a result, total revenue would fall

In the long run, people have more time to search for suitable alternatives. Thus, demand tends to be more elastic in the long run

If the long run, price is increased, the total quantity demanded would fall and revenue would fall

5 0
2 years ago
Proprietary and fiduciary funds follow account and reporting principles similar to those of ______ organizations.
suter [353]
City of New York

Hope this helps (:
8 0
2 years ago
If Emma decides to buy a new labtop for school ,which of the following is most likely to be her opportunity cost?
Elis [28]
I don't understand is there multipul answer/

3 0
3 years ago
Blue Co. had the following first-year amounts related to its $12,000,000 construction contract: Actual costs incurred and paid $
IrinaVladis [17]

Answer:

$900,000

Explanation:

The computation of the total amount excluding cash is shown below:

But before that following calculations need to be done

% completion during the year is

= $3,000,000 ÷ ($3,000,000 + $6,000,000)

= 33.3333%

Now Total revenue to be recognized for the year is

= $12,000,000 × 33.33333%

= $4,000,000

Profit for the year is

= $4,000,000 - $3,000,000

= $1,000,000

Now Accounts receivables at the end of year is

= Billings - Collection

= $3,500,000 - $3,100,000 = $400,000

Now Cost and profits in excess of billings

= ($3,000,000 + $1,000,000) - $3,500,000

= $500,000

And, finally Total amount of current assets to be recognize at year end is

= $400,000 + $500,000

= $900,000

3 0
3 years ago
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