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3 years ago

When discussing comparitive and absolute advantage, which best describes specialization

SAT

2 answers:

Dvinal [7]3 years ago

5 0

Answer:

Limiting the types of goods and services produced

Explanation:

irinina [24]3 years ago

5 0

The term Absolute advantage describes the specialization in the production of a product or service.

<u>Explanation:</u>

A firm is said to have an absolute advantage over the other firms only if it produces the same number or amount of goods or services from fewer resources than the others.

For example, if a Company "X" produces 10 caps in an hour using 3 workers and Company "Y" produces 15 caps an hour using 3 workers then we can say Y has an absolute advantage over X.

A person, group or company is said to have a comparative advantage if it produces something at a lower cost than the other companies. Here, the opportunity cost is also lower which means that the company did not face any kind of large opportunity loss.

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erastova [34]

Answer:

I think maybe C or D

Explanation:

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4 years ago

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The accompanying histograms show the miles per gallon (mpg) for two makes of cars. Compare the distributions. Which make has a

horsena [70]

Acura cars have higher mpg while BMW has more variation in mpg.

From the histograms of mpg distribution for the two makes of car :

ACURA has most of its values at the center of the distribution with it's tail more conspicuous to the right at a maximum mpg value of 40 and a minimum of about 17.5 to the left.
BMW on the other hand has its mpg distribution more spread out towards both sides of the distribution, ranging from a minimum of about 3 mpg and to a maximum of about 37.5 mpg.
Hence, we could infer that, the histogram plot of BMW is more dispersed and hence has greater variation than ACURA.
Since ACURA has it's peak at the middle, with minimum and maximum mpg values of 17.5 and 40 respectively, which are sufficiently greater than the minimum and maximum mpg values of BMW (3.0 and 37.5 respectively). Then we can conclude that ACURA has greater mpg.

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3 years ago

How to find the median of 2.4,1.6,3.2,0.3,1.5

boyakko [2]

Answer:

1.8

Explanation:

add all of the numbers up

divide by number of numbers given

9/ 5= 1.8

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3 years ago

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Why did avery use an enzyme to destroy the protein, rna, and dna in each sample?

Elan Coil [88]

Answer:Avery and his team extracted a mixture of various molecules from the heat-killed bacteria and treated this mixture with enzymes that destroyed proteins, lipids, carbohydrates, and some other molecules, including the nucleic acid RNA. Transformation still occurred.

Explanation:

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3 years ago

What is the explicit rule for this geometric sequence? 29,23,2,6,.

solong [7]

The explicit rule for this geometric sequence 29,23,2,6, is n = 29 × (29/23)^(n - 1)

<h3>How to write explicit rule</h3>

First term, a = 29

Second term, a×r = 23

23 = 29 × r

23 = 29r

r = 29/23

Common ratio, r = 29/23

The explicit formula is given by

nth term = ar^(n - 1)

n = 29 × (29/23)^(n - 1)

Where,

nth term = number of terms

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3 years ago