Answer:For example, the Ricardian model of trade, which incorporates differences in technologies between countries, concludes that everyone benefits from trade, whereas the Heckscher-Ohlin model, which incorporates endowment differences, concludes that there will be winners and losers from trade.
In 1884. The ringling brothers organized their first small circus.
Answer: The correct answer is "D) specific".
Explanation: Effective teams translate their common purpose into <u>SPECIFIC</u> goals.
For a team to be successful, its common purpose must be established as specific objectives, that can be measurable and that are realistic, that is, its achievement is possible.
These specific objectives are of great help to simplify communication and keep teams focused on obtaining results.
Answer:
0.6 gallon of milk
Explanation:
Given that,
Price of selling fresh eggs = $1.50 per dozen
Price of selling fresh milk = $2.50 per gallon
Opportunity cost refers to the benefit that is forgone by choosing some other alternative.
Here, the opportunity cost of buying a dozen of eggs is calculated as follows:
= Price of selling fresh eggs ÷ Price of selling fresh milk
= $1.50 per dozen ÷ $2.50 per gallon
= 0.6 gallon of milk
Answer:
Explanation:
My E-Commerce business has two main decision-makers. As a team, we had a budget of $1000 USD which we decided to use on marketing. We ultimately decided on placing banner ads on 2 popular sites that matched our products. Doing this we missed out on other opportunity costs such as adding another product line and marketing sample products to popular influencers. Both of which should have been considered because they could have just as easily brought as many or even more customers than having placed the ads.
