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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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MSI is considering outsourcing the production of the handheld control module used with some of its products. The company has rec
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Answer:

1)

cost of making (14000*22) = 308000

cost of buying (14000*(18+6)) = 336000

Difference cost = 28000

2)

No, Since, there is not other use of fixed cost, therefore, fixed cost will be a part of cost of buying.

3-a)

cost of making (14000*22) = 308000

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3-b)

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Answer:

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The Allowance for Bad Debts account has a credit balance of $ 5 comma 000$5,000 before the adjusting entry for bad debts expense
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Answer:

62,200 allowance ending

Explanation:

allownce 5,000 credit

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All else the same, if a bank's liabilities are more sensitive to interest rate fluctuations than are its assets, then ________ i
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Answer:

A) an increase; reduce

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A bank is said to be sensitive towards to interest rates means that the bank revalue its liabilities on the basis of the change in the interest rates. Thus if the interest rates increases it means the liabilities of the bank has increased on which the bank is liable to pay higher interest which will automatically reduce the bank profits as the interest payable by the bank is an expense for the bank.  

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Hope this helps!  :)

Explanation:

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