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kondor19780726 [428]
3 years ago
7

Which of the following is true? A nation can have a comparative advantage in the production of a good only if it also has an abs

olute advantage. A nation can have a comparative advantage in the production of every good, but not an absolute advantage. A nation cannot have an absolute advantage in the production of every good. A nation cannot have a comparative advantage in the production of every good.
Business
1 answer:
Kamila [148]3 years ago
7 0

Answer: <u><em>A nation cannot have a comparative advantage in the production of every good.</em></u>

The principle of comparative advantage states that under free commerce, an representative will produce more of and consume less of a commodity for which they have a comparative advantage. Comparative advantage is the economic experience depicting the work increase from trade for individuals or nations, which originate from differences in their factor endowments or technological progress.  

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Recommend ways in which business can contribute time and effort to advance the well being of others in business context in the f
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<span>2.       </span>Basing on the example above, it does not engage into any harmful practice.

<span>3.       </span>Your decision will depend on increasing the fee of gym users or improving the interior design of your gym

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3 years ago
Complete the Analysis section using formulas with statistical functions. Use named ranges instead of cell references in the form
hram777 [196]

Answer:

The formula for average is =AVERAGE(E15,E16).

The formula for highest is =MAX(F15,F16).

The formula for lowest is =MIN(G15,G16).

Explanation:

In MS Excel, on the left hand side below the tool bar there is a small box which tells the cell name where the cursor is clicked, the name of the cell can be changed from here easily, click on the desired cell and then by clicking on the box you can enter the name of the cell. After a cell is renamed the formula can be written by simply putting the name of the cell instead of the original e.g. E13

The formula for average is =AVERAGE(E15,E16).

The formula for highest is =MAX(F15,F16).

The formula for lowest is =MIN(G15,G16).

The cells provided in the formula above is just an example and more than two cells can be selected.

5 0
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In accounting for a contingent liability, if the likelihood of the obligation is probable but the amount cannot be estimated, a
Tems11 [23]

Answer: d. provide disclosure in the footnotes to the financial statements.

Explanation:

A contingent liability is an obligation that a company might owe in future depending on the outcome of an event such as a law suit.

To record a contingent liability in the books, two conditions must be satisfied;

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If these two conditions are not satisfied then the contingent liability may simply be disclosed as a footnote in the financial statement. The amount here is not estimable so can be disclosed as a footnote.

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The assessment ratio isa) The ratio of assessed value to market valueb) The ratio of assessed value to the average value for pro
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Answer:

The correct answer is option A.

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The assessment value can be found by calculating the ratio of assessed value of a property to its market value.

Market value is the rate at which the property can be sold in the open market.

The assessed value is the value given to the property by the assessor's office in order to estimate property taxes.

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rodikova [14]
If the company's annual profits decrease (the amount of cash they make per year) then that would lead to a decrease in the price of a company's stock.
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