1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Licemer1 [7]
3 years ago
6

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

produce 36 units of food per year or 18 units of clothing. Which of the following is true?
A) Georgeland has an absolute but not a comparative advantage in producing clothing.
B) Georgeland has both an absolute and a comparative advantage in producing clothing.
C) Alland has an absolute but not a comparative advantage in producing food.
D) Alland has both an absolute and a comparative advantage in producing food.
Business
1 answer:
Ierofanga [76]3 years ago
5 0

The true statement out of all is

B) Georgeland has both an absolute and a comparative advantage in producing clothing.

Explanation:

This is because Absolute advantage is when one firm or a producer is able to produce more of a product using less resources or less time or more of the product in the same resources or same time as the other.

Comparative advantage is found out at the added bonus of having the product be as viable as it is advantageous which means that the producer could also be making another product and would have the advantage in that too so either one of them is equally profitable.

You might be interested in
When the cost method is used to account for an investment, the carrying value of the investment is affected by a.the earnings an
Dmitrij [34]
Dividends of the invested
6 0
3 years ago
What health care business decisions are based on financial statements? And what are some examples?
mario62 [17]

Answer:

Only certain decision-making offered here is determined by the financial proclamations of that same healthcare institution.

Explanation:

  • Whether we should start reversing this same healthcare services doorstep.
  • If the amount needed is satisfactory again for the expansion of the company or even if the investments would have to be established.
  • Accessibility of capital expenditures for the seamless functioning of the organization and the fulfillment of simple terms obligations.
5 0
3 years ago
Lush Lawns, a new landscaping company, uses the same logo and shade of green in all forms of communication including its online
Fofino [41]

Integrated marketing communications is being used by Lush Lawns to promote its business, as they are using the same logo and shade of green in all forms of communication including its online ads, truck signage, Web site, and business cards.

<h3 /><h3>What is Integrated marketing communications?</h3>

IMC is the process of combining marketing communication aspects such as public relations, social media, and audience analytics to create an integrated marketing communication strategy.

Business development concepts, and advertising into a brand identity that is consistent across many media channels.

Thus they are using Integrated marketing communications.

For more details about  Integrated marketing communications, click here

brainly.com/question/13962154

#SPJ1



5 0
2 years ago
For 2015, Bakers Manufacturing uses machine-hours as the only overhead cost-allocation base. The direct cost rate is $3.00 per u
Vlad1618 [11]

Answer:

The profit margin earned if each unit requires two machine-hours is 25%

Explanation:

For computing the profit margin, first, we have to compute the estimated overhead rate per unit which is shown below:

Estimated Overhead rate = (Estimated manufacturing overhead costs) ÷ (estimated machine hours)

= ($240,000) ÷ (40,000 machine hours)

= $6

Now the profit per margin would equal to

= Selling price per unit - direct cost per unit - overhead cost per unit × number of required machine hours

= $20 - $3 - $6 × 2

= $5

Now the profit margin would equal to

= (Profit per unit) ÷ (selling price per unit) × 00

= ($5 ÷ $20) × 100

= 25%

4 0
3 years ago
Which type of law governs the relationship between private individuals or companies?
alukav5142 [94]
The correct answer is B- Civil Law
6 0
3 years ago
Read 2 more answers
Other questions:
  • If it is true that whenever a manager encounters a particular situation (such as motivating employees to work harder), and a sin
    13·1 answer
  • Clayton, inc. purchased a van on january 1, 2016, for $850,000. estimated life of the van was five years, and its estimated resi
    9·1 answer
  • When using the wet method, holding the spray nozzle too close to the brake surface may cause asbestos fibers to
    14·1 answer
  • Which of the following is a positive economic​ statement? A. Everyone should live at the same standard of living. B. If the pric
    8·1 answer
  • National Warehousing just announced it is increasing its annual dividend to $1.18 next year and establishing a policy whereby th
    11·1 answer
  • Skidmore Music Company had the following transactions in March: Sold instruments to customers for $16,300; received $11,200 in c
    9·1 answer
  • Kelly received a $60,000 salary during 2017. Her federal income tax withholding rate was 20%, and the Social Security base amoun
    14·1 answer
  • Which statement does not describe central bank monetary policy action? Central bank action should be humble because of the risk
    13·1 answer
  • A provision requiring a construction contractor to pay $300 for every day it is late in completing the construction contract is:
    14·1 answer
  • determine which statement below about economics is true. economics studies decision-making processes. macroeconomics studies the
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!