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Inga [223]
3 years ago
7

Which is the most accurate statement about trade? a. Trade can make every person better off. b. Trade helps rich people and hurt

s poor people. c. Trading for a good can make a person better off only if the person cannot produce that good itself. d. Trade makes some people better off and others worse off.
Business
1 answer:
laiz [17]3 years ago
7 0

Answer:

a. Trade can make every person better off.

Explanation:

Trade generates a benefit for all parties trading. If a party do not fell like winning with trade, it will stop trading and the trade will not occur. It is important for each party to make sure the other wants to keep trading, so quantity and price will be based upon both parties agreement.

A person can trade for product she produces, for example a person who produce a certain fruit can buy the same fruit when is off-station in their side of the world with another producer.

It could also trade becasue is the raw material of a finished product and it need more input for his facilities.

If a person or a party who is trading thinks is worse than before the trade, then it will stop trading so, as long as there is trade, both parties are better off after the trade.

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Answer: b. Net requirements

Explanation: Lot sizing is used to consolidate the calculated net requirements by a certain unit. It puts into consideration cost reduction and work efficiency. One method of lot sizing is the lot-for-lot where the net requirements occurring for each period are the order quantity which generates greater volume of orders with smaller quantities per order and inventory investment as a result of ordering exact requirements only. The order sizes for component parts are essentially determined directly from net requirements.

5 0
3 years ago
Which one of these statements about the service portfolio is correct?
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3 0
3 years ago
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ale4655 [162]

Answer:

The answer is c. remains constant in total with changes in the level of activity.

Explanation:

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Variable cost is the type of costs which will increase following an additional production of an extra unit of product/service, that is, level of activity has been risen up given the production is taken place. A good example of these cost are material cost, labeling cost.

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3 years ago
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Answer:

false

Explanation:

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WARRIOR [948]

Answer: Fair and Accurate Credit Transaction Act

Explanation:

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