1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
grigory [225]
3 years ago
10

When each person specializes in producing the good in which he or she has a comparative advantage, total production in the econo

my __________
a) falls.
b) stays the same.
c) rises.
d) may fall, rise, or stay the same
Business
1 answer:
OLga [1]3 years ago
7 0

Answer:

The correct answer is c) rises.

Explanation:

Each country in question will specialize in what is most efficient. At the same time, it will import the rest of the products in which they are most ineffective in terms of production. Although a country does not have an absolute advantage in producing any good, it may specialize in those goods in which it finds a greater comparative advantage and finally participate in the international market. In this sense, it can boost its foreign trade.

It is then the basic idea that countries choose to specialize in order to trade in activities where they have a certain advantage. That is, instead of producing what they do best in an absolute way, they produce what they do best in a relative way. Therefore, the difference with the theory of absolute advantage is that it does not produce what the country costs less, but the one with lower comparative costs.

You might be interested in
Define return( rate of return).​
elena-14-01-66 [18.8K]

Answer:

its returning the rate that was given out

i guess i jus gave it a try

6 0
3 years ago
Ken is 63 years old and unmarried. He retired at age 55 when he sold his business, Understock.com. Though Ken is retired, he is
elena-s [515]

Answer: $‭46,950‬

Explanation:

a. All sources of income should be included including illegal ones.

b. Gain = 1,000 (32 - 31)

= $1,000

c. Gain = Amount received - Amount paid apportioned per year

=  25,000 - (210,000/20)

= 25,000 - 10,500

= $14,500

d. Not included as disability benefits are not included.

e. The $300 is deductible but the $200 that went towards car payment is not.

f. Taxation principles require that the person taxed should be the person earning the income so Ken will not be charged on the $1,100

g. The relevant figure here is the tax benefit before the $610 refund.

Ken claimed $6,250 in itemized deduction but the standard deduction is $6,200. Ken gained;

= 6,250 - 6,2000

= $50

h. The $30,000 is included as Ken earned it.

Gross Income = 1,200 + 1,000 + 14,500 + 200 + 50 + 30,000

= $‭46,950‬

3 0
3 years ago
The largest Herfindahl-Hirschman index possible is _____, and the industry is a(n) _____. 10; monopoly 10,000; monopoly 100,000;
Fofino [41]

The largest Herfindahl-Hirschman Index that an industry can get is <u>10,000 </u>and the only industry this is possible in is a Monopoly.

The Herfindahl-Hirschman Index (HHI) is calculated by summing the squares of the market shares of the various companies in an industry.

In a monopoly, a company could have a 100% market share. When this happens, the HHI would be:

= 100 ²

= 10,000

In conclusion, the highest HHI is 10,000 and this can only happen in a monopoly.

<em>Find out more at brainly.com/question/4563430. </em>

6 0
2 years ago
When market conditions are such that a passively managed portfolio no longer meets its target allocation, the tool most commonly
Assoli18 [71]

Answer:

D) rebalancing

Explanation:

Rebalancing in domain of marketing can be regarded as a process involving realiigment of weighting of portfolio of particular asset. It involves activities such as buying or even selling of asset in portfolio so that desired allocation/ risk is been maintaned. It should be noted that When market conditions are such that a passively managed portfolio no longer meets its target allocation, the tool most commonly used to rectify the situation is rebalancing.

5 0
3 years ago
In early November, department stores begin to prepare for upcoming holiday sales. Retail stores often make 25 percent or more of
natali 33 [55]

Answer: The correct answer is "(A) Motivation".

Explanation: The purpose of this meeting will be <u>Motivation,</u> because Nancy Cardigan will look for ways to motivate employees who, after the long summer months, are not prepared for the intense burden of Christmas sales, therefore they will try to implement the various motivational techniques such as the payment of bonuses, incentives , etc.

8 0
3 years ago
Other questions:
  • Explanation of competition and a real life example​
    5·1 answer
  • A firm has a debt-equity ratio of 57 percent, a total asset turnover of 1.12, and a profit margin of 4.9 percent. The total equi
    11·1 answer
  • 1) These two fibres can withstand high temperature from iron, high heat of boiling water and can also be dyed.
    15·1 answer
  • Under the franchise model, if pods were to engage in dubious/controversial activities, then franchisees might see a decline in b
    14·1 answer
  • New Body, a gym, bought new exercise equipment on credit. The purchase price was $10,438.88. They secure the loan with a financi
    9·1 answer
  • Which of the following people is likely to benefit from inflation? A. A person with low income B. A person who has a large savin
    7·1 answer
  • Consumers eating higher food costsWith higher gasoline​ prices, the demand for ethanol has increased. Because ethanol is made fr
    13·1 answer
  • Red Co. recorded a right-of-use asset of $100,000 in a 10-year finance lease. Payments of $16,275 are made annually at the end o
    10·1 answer
  • The point at which birth and death rates balance is called
    5·1 answer
  • Alpha and Beta, two small economies, can produce cheese or butter with the same resource, raw milk. Assuming constant opportunit
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!