Answer:
A producer who has a <u>"comparative advantage"</u> experiences less cost when producing that good when compared with another producer.
Explanation:
When a producer is able to produce goods at a lower opportunity cost than the cost of other producers or partners of trade, than the term which is used in economics for this is comparative advantage. When you sell goods at lower cost than the others, it’s obvious that you will get stronger sale margins because everyone will buy your products.
It helped increase the oil industry i hope this helps and if its the answer your looking for award me the brainliest.
Answer:
D. Classical perspective
Explanation:
This perspective of management as propounded by some scholars, namely; Max Weber, Frederick Winslow Taylor, and Henri Fayol. This perspective uses scientific analysis to analyze employees in an organization by increasing the value of their impacts on an organization.
Frederick Winslow Taylor propounded the scientific methods of management. He was of the view that employees' influence in an organization can be quantified using a scientific approach. Max Weber came up with the idea of bureaucracy in an organization. He believed that, managerial roles in an organization would run smoothly with the application of bureaucracy. Henri Fayol also followed the same path as the earlier mentioned theorists. He created some functions of management, namely; planning, organizing, leading, and controlling.
The advantage that is come with earning a salary over an hourly wage is that:
- Typically, salaried workers earn a steady paycheck, regardless of the amount of time per week a business is operating. (Option D)
- In most instances, salaried workers are eligible for additional benefits, including insurance plans and retirement options. (Option E).
<h3>What is a Wage?</h3>
A wage is a fixed consistent payment for work that is paid and received on a daily or weekly basis.
A Salary on the other hand is paid monthly.
Learn more about Wages at:
brainly.com/question/26371102
Answer to your question is a.
