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Virty [35]
4 years ago
14

One reason some manufacturing companies began moving production to China in the early 2000s was due to lower wages that could be

paid to Chinese workers. Moving manufacturing to China to take advantage of lower wages so goods could be produced at a lower cost than if produced in the United States exemplifies which key economic idea?
Business
1 answer:
harina [27]4 years ago
8 0

Answer:

Comparative advantage

Explanation:

This concept of economics is comparative advantage that means one country has advantage of producing same product at lower cost than other. In this question China has comparative advantage over USA,

This may be due to different reasons.

1. Population of China is greater than USA, that is why employees are willing to work on low salaries in China as compared to salaries are offered in the US.

2. China is comparatively better in manufacturing industry as of with USA.

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4 Select the correct answer. Which of these components is a part of the Central Processing Unit (CPU) of a computer?​
scoundrel [369]

Answer:

Control unit

Explanation:

Is a part of the "Central Ptocessing Unit (CPU)" of a computar. It is considerado a a "heart of the CPU.

8 0
3 years ago
Which of the following is a true statement about cost-benefit analysis? 1) helps decision makers formulate environmental legisla
Alina [70]

Answer:

The correct answer is 2) balances estimated costs with potential environmental benefits.

Explanation:

One of the advantages of using cost-benefit analysis method is that it enables us to understand the cost incurred against the benefits gained from a project. It helps to make a decision whether to continue a particular project or drop it if costs of a project is greater than its anticipated benefits.  The statement 2 is True.

6 0
3 years ago
Common Tasks for Graphic Designers.
Drupady [299]
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3 0
3 years ago
A transaction is initially recorded in the journal, and then subsequently posted to the general.
Sergio039 [100]

A transaction is initially recorded in the journal, and then subsequently posted to the general ledger

This is further explained below.

<h3>What is a ledger?</h3>

Generally, A book or group of accounts in which transactions pertaining to those accounts are documented is referred to as a ledger.

Each account has a carry-forward balance or a starting balance, and it would record each transaction as either a debit or a credit in distinct columns, as well as the account's ending or closing amount.

In conclusion, When a transaction occurs, it is first written down in the journal, and then it is later entered into the general ledger.

Read more about  ledger

brainly.com/question/14853484

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5 0
2 years ago
Using the direct write-off method for handling bad debts, what would the journal entry be to write off a $650 account receivable
Reika [66]

Answer:

Using the Direct Write-off method means that bad debts are removed from the Accounts Receivable as they occur instead of using an Allowance account.

Bad debts will be debited as this is an expense. Accounts Receivable will be credited to reflect that the account is reducing in value.

The relevant journal entry will therefore be;

DR Bed Debts                                                     $650

     CR Accounts Receivable                                         $650

7 0
3 years ago
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