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IRINA_888 [86]
3 years ago
9

Suppose that the country of Xenophobia chose to isolate itself from the rest of the world. Its ruler proclaimed that Xenophobia

should become self-sufficient, so it would not engage in foreign trade. From an economic perspective, this idea would______
Business
1 answer:
Readme [11.4K]3 years ago
8 0

Answer:

not make sense as long as Xenophobia had a comparative advantage in any good.

Explanation:

Comparative advantage is when a country has a lower cost of production of a good compared to other countries. The country will be able to produce more than it needs and have excess for export.

So if Xenophobia has comparative advantage in for example yam production, and meets its local needs while having excess. It will make no economic sense to waste this excess. Instead it will be better to export the excess and make money for the country.

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_______ measures how many consumers in a market are familiar with the brand and what it stands for and have an opinion about it.
Anastasy [175]

Answer:

Brand Awareness

Explanation:

Brand Awareness measures how many consumers in a market are familiar with the brand and what it stands for and have an opinion about it. Brand awareness is further consisted of 2 elements:

1: Brand Recognition: is the ability of consumers to confirm previous exposures to brand when they are presented the brand as a cue. For example, if you go to a store, will you be able to recognize the brand to which you have been already exposed?

2: Brand Recall: It is the consumers ability to retrieve the brand from their memory if they are given product category or usage occasion as a cue. For example, when you think of carbonated drink, then what brand comes into your mind?

3 0
3 years ago
Which of the following is an expense that results from the usage of a natural​ resource? A. depletion B. obsolescence C. depreci
pshichka [43]

Answer:

A. depletion

Explanation:

Depletion  is provided as an expense for usage of natural resources like mines, quarries and oil wells.

4 0
3 years ago
Suppose that you only have liability and comprehensive car insurance and you allow your roommate (who doesn't have car insurance
Alisiya [41]
What will happen is that YOUR INSURANCE COMPANY WILL NOT PAY FOR THE DAMAGES.
Liability car insurance covers damages and injuries to third party's car only, it does not cover damages to the insurance owner's car. Comprehensive car insurance only cover damages done to one's car as a result of theft, fire, natural disaster, vandalism and other such acts, but does not cover damages that occur as a result of collision.
7 0
3 years ago
Read 2 more answers
In one hour, the United States can produce 25 tons of steel or 250 automobiles. In one hour,Japan can produce 30 tons of steel o
MArishka [77]

Answer:

Option (D) is correct.

Explanation:

In United states:

Can produce 25 tons of steel or 250 automobiles,

Opportunity cost of producing a ton of steel = 250 ÷ 25

                                                                          = 10 automobiles

Opportunity cost of producing 1 automobile = 25 ÷ 250

                                                                         = 0.1 tons of steel

In Japan:

Can produce 30 tons of steel or 275 automobiles,

Opportunity cost of producing a ton of steel = 275 ÷ 30

                                                                          = 9.17 automobiles

Opportunity cost of producing 1 automobile = 30 ÷ 275

                                                                         = 0.11

Therefore,

United States has a comparative advantage in producing automobiles because the opportunity cost of producing automobiles is lower than the Japan.

Japan has a comparative advantage in producing steel because the opportunity cost of producing steel is lower than the United states.

7 0
3 years ago
Dose scientific management theory ca cause dissatisfaction in the workers?
balu736 [363]
Answer: Yes it does
3 0
3 years ago
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