Answer:
c) $6,500
Explanation:
The rent per year = $65 per foot
Total square feet = 1200
Rent per year = $65 x 1200
=$78,000
Rent per months will be $78,000 /12
=$6,500
Answer:
True
Explanation:
A buisness customer records every transaction to see how the transaction was
It would be A, since they are practicing efficiency.
Answer:
c. absolute advantage over Kilim.
Explanation:
Ithilium, a European country, is able to produce more electronics than Kilim, a North American country, even though both countries use the same amount of resources. Given this information, it can be deduced that Ithilium has absolute advantage over Kilim.
Comparative advantage refers to when a company produces the same number of outputs with <u>lower opportunity costs </u>while absolute advantage is when a country <u>produces more outputs from less resources</u>.
In the scenario, we are not given opportunity costs and we are not looking at the costs of producing a unit of output but rather how much output a country can get from a given level of resources which is in line with the concept of Absolute Advantage.
.
Charitable donations or giving from a corporate entity is frequently described as genuine altruism. This is because they are giving without expecting something in return.
