Answer:
False
Explanation:
A country has comparative advantage in production if it produces at a lower opportunity cost when compared with its trading partners.
I hope my answer helps you
Answer:d. What do you think about the new ice-cream flavor
Explanation:
An open ended question is a statement that requires a response. The response can't be yes/ no or a static response
The question What do you think about the new ice-cream flavor can't be answered with yes or no. The answer can either be I like the ice cream flavour or I don't like the ice cream flavour.
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Complete Question:
More than two-thirds of meetings are considered to be:
A. Highly engaging and productive
B. More effective than a well-worded email
C. Slow sometimes, but mostly entertaining
D. A waste of time
Answer:
D. A waste of time
Explanation:
This answer implies that the number of business meetings should be reduced. Issues discussed at business meetings can be ironed out through other means of communication. For example, emails can be used. Instructions and other information can be passed to the team without necessarily holding meetings. Teams can interact effectively and efficiently without holding face-to-face meetings. Some meetings are not productive at all, as the head of the meeting still dominates the speeches instead of giving the team members a conducive environment to air their concerns and opinions and make effective suggestions that will improve business performance and outcomes.
The correct answer is: [C]:
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"<span>a want for an item that is much in demand by a great number of people" .</span>
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<u>Note</u>: Let us consider the other answer choices:
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Choice: [A]: "<span>a need for basic necessities, such as food, clothing, and shelter."
This refers to a "need" — NOT a "demand" ; so we can rule out "Choice: [A] " .
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Choice: [B}: "a need that is really a want, meaning the person can live without what they demand" .
This refers to a "want" — NOT a "demand" ; so we can rule out "Choice: [B] " .
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I am not sure what your other choices are, but this choice is not correct.
Economies of scale deal with marginal costs and NOT total costs. You would always expect TOTAL costs to go up when you produce more of an item, even when you have economies of scale. Economies of scale says that costs go up LESS with each new unit up until a certain point