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NISA [10]
3 years ago
14

A person has a comparative advantage in activity X when that person's: O opportunity cost of performing that activity is very hi

gh. O opportunity cost is lower for him than for other trading partners. O ability to perform that activity exceeds that of all other people. O government negotiates a favorable trade agreement.
Business
1 answer:
Elena L [17]3 years ago
5 0

Answer:

O opportunity cost is lower for him than for other trading partners.

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At which inventory level is operations management considered to be doing an excellent job?
Natalka [10]

operations management is considered to be doing a great job when you are able to lead your crew and make sure all of the inventory is in order.
8 0
3 years ago
A new business owner would want to know the competition’s strengths for all the following reasons EXCEPT
Rudiy27

Answer:

Option D

To me, I think option D is the most preferred answer

6 0
3 years ago
Why is most of Australia unsuitable for agriculture
natita [175]
<span>Science, inventions in machinery and experimentation in seed have added millions of hectares to wheat farming in the low rainfall areas. ... Merino sheep and drought-resistant strains of crops led to two of the most common forms of agriculture in Australia – wheat and sheep farming.</span>
3 0
3 years ago
Rica Company is a price−taker and uses a target−pricing approach. Refer to the following​ information:Production volume602,000un
loris [4]

Answer:

Desired profit for the year = $2,329,000

Explanation:

Using the given information, we have

Production volume = 602,000 units

Market price = $34

Operating income desired = 17% of total assets

Total Assets = $13,700,000

Operating income = $13,700,000 \times 17% = $2,329,000

Therefore desired profit = $2,329,000

therefore with this information desired profit per unit = $2,329,000/602,000 =  $3.869

Target cost per unit = $34 - $3.869 = $30.131

Desired profit for the year = $2,329,000

4 0
3 years ago
The following information pertains to Lessor Company: Total assets $150,000 Total current liabilities 110,000 Total expenses 160
ipn [44]

Answer:

Achieved. The ROI currently is 13.33% So the prohect earning a ROI of 12% was accomplished

Explanation:

Return on Investment will be  Income/ Investment Capital

Which in this case is defined as total assets.

So it would be<em> Income / Total Assets</em>

The last is a given figure: 150,000

Now <u>let's first find out the income:</u>

180,000 revenues - 160,000 expenses = 20,000 net income

Finally <em>calculate the </em><em>ROI</em>  20,000/ 150,000 = 13.33%

8 0
3 years ago
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