Answer:
the assistant will have a comparative advantage
Explanation:
In the context, it is given that Jim, a brilliant attorney is expert in creating drafts and also have some excellent skills such as fling, assembling binders, making reservations and typing.
So Jim hiring an administrative assistant will allow the assistant to have a comparative advantage in learning and performing the administrative skills as the assistant will learn from Jim who is an expert in these skills.
The law of segregation is Mendel's law which explains that traits are passed from parents to offspring individually instead of as pairs, groups or sets. However, this law and the laws mentioned above, minus the principle of genetics, are all part of Mendel's Law of Independent Assortment.
Answer:
There are two types of income statements: single-step income statement, in which there are no sub-totals such as gross profit, operating income, earnings before taxes, etc.; and multi-step income statement, in which similar expenses are grouped together and intermediate figures such as gross profit, operating income,