Answer:
Georgeland has an absolute but not a comparative advantage in producing clothing.
Explanation:
Absolute advantage is defined as the ability of a firm to produce higher amounts of a product as a result of use of the same resources with other competitors. It is usually bad a result of more efficient production process.
Comparative advantage is the ability of a firm to produce goods at a lower opportunity cost. Therefore they are able to sell at lower price compared to competitors.
Georgeland can produce 18 units of clothe per year while Alland can produce 16 units per year, so Georgeland has absolute advantage.
In producing clothes Georgeland has opportunity cost of 36 units of food which is higher than that of Alland which is 32 units of food. So Georgeland does not have comparative advantage in producing clothes.
Answer:
It means that 50,000 dollars was made in 2018
Explanation:
Answer:
Obtain census information available on the internet,
Explanation:
The number of households in the neighbourhood must have been captured during census and uploaded on the census board website or those of relevant agencies.
A visit to such websites to get the number of households in the neighbourhood of interest is very cost-efficient as the only thing that the market researcher needs to do is to have just internet subscription package which can be obtained for an extreme lesser fee when compared to paying the households visits, transporting to and fro and replenishing lost energy by buying food or taking energy drinks.
Answer:
civil society organization
Explanation:
A civil society organisation are set up to run differently from government or businesses. Their main aim is to challenge inequities and assert their political rights to resources and recognition within their state.
They are sometimes referred to the 3rd sector after the commercial and government sectors.
They are made up of non governmental organisations, faith based organisations, charities, labour unions, and foundations
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There is a great deal of emphasis given towards moral work environments wherein it is normal that the representatives and the laborers are not misused and mishandled in their work assignments and the earth in which they endure. The representatives are approached to work inside the most extreme working hours in seven days, expanded instalment, great lodging and working conditions and so on. The organizations are relied upon to give family settlement and forestall treating laborers in plants like slaves.
It is referenced that N Co. once referenced that it ought not be considered answerable for the activities of different organizations that are into creating merchandise for N and N is essentially offering those items to the clients. Over this, one might say that being a mindful and contributory firm on the planet advertise, it is the obligation of N Co. to guarantee that the providers who supply their products to N to which N advances in the market are utilizing best strategic policies and moral dynamic in delivering those merchandise. Thus, with regards to APP Co., it ought to be made exceptionally liable for the activity of FX Co. in CH Country in light of the fact that FX is the maker and provider of different items and electric segments that APP sells on the planet market, and clients perceive those items with APP's logo and brand which makes APP profoundly at risk and for the strategic approaches and activities of its provider FX. Essentially, FX Co. ought to be held totally subject for the activities of the gatekeepers at the association's CH Plant in light of the fact that the watchmen have a place with and work for FX Co. furthermore, their activities will be perceived and distinguished corresponding to FX Co. influencing its picture on the planet advertise and the clients of FX and APP. Along these lines the organizations that are related with one another in any structure being either providers, advertisers, or assume some other job in the circulation chain, the organizations ought to get mindful and center after creation each gathering to attempt strategic policies in a moral way.
