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Tresset [83]
3 years ago
11

Wally's hardware store is located in a small town in the midwest. this store would best be classified as a(n) _____.

Business
1 answer:
Naddika [18.5K]3 years ago
7 0
Wally's hardware store is located in a small town in the midwest. this store would best be classified as an independent retailer. Answer: B Wally's hardware store is privately owned and operated  and it is a <span>single-store operations.

</span>
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Say that Alland can produce 32 units of food per person per year or 16 units of clothing per person per year, but Georgeland can
lisov135 [29]

Answer:

1.Georgeland has an absolute but not a comparative advantage in producing clothing.

Explanation:

Georgeland has an absolute advantange, because with the factors of production that it has available (the question does not specify the amount), it can produce either more food, or more clothing than Alland.

But Georgeland does not have comparative advantage in producing clothing, because the cost of opportunity of doing so is higher than Alland's, as can be seen in this comparison:

If Alland produces 16 units of clothing, it gives up on 32 units of food.

If Georgeland produces 18 units of clothing, it gives up on 36 units of food.

5 0
3 years ago
What is the yearly salary and hourly wage for a novel author? it's for a project. ​
likoan [24]
The annual salary for novel author is $64,349. Approximately $30.94 an hour.
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3 years ago
What are the job training/education requirements for being a judge?
jasenka [17]
You will need a law degree
6 0
3 years ago
The _____________ approach to GDP follows the flows of income to each sector of the economy and concludes with the GDP..
grandymaker [24]

Answer:

D. None of the above

Explanation:

Gross Domestic Product (GDP) is the total monetary value of all the goods and services a country produces within a period of time.

There are various approaches to calculating GDP which include; the income approach, expenditure approach and output approach.

The income approach to calculating GDP considers income from all the factors of production (profits, interest, rental and labor incomes) in each sector of the economy to arrive at the National income of the country.

6 0
2 years ago
Investment banks are guilty of conflict of interest when they A) pressure their analysts to produce research favorable to their
UNO [17]

Answer:

The correct answer here is option D.

Explanation:

Investment banks are special kind of financial institutions or intermediaries who are concerned with raising capital for other companies.

They also perform advisory based transaction services on the behalf of corporations, individuals and government.

In performing these functions, they often are found guilty of pressurizing analysts to produce favorable research for their clients, attempts to alter research of client's firm and permitting executives of client's firm to do so. They also get involved in prohibiting analysts from making any negative or controversial comments about client they are serving.

They do all these to maintain credit worthiness of their client firm, so that the client is able to procure capital.

5 0
3 years ago
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