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
Step2247 [10]
3 years ago
8

Neil and Zack are working on a project that requires both research and presentation. Neil is better at research, so he gives the

presentation to Zack. What is the comparative advantage in this case?
Business
2 answers:
True [87]3 years ago
8 0

Answer:

The correct answer is A - Neil will be doing the research

Explanation:

For Plato these are the choices

A. Neil doing the research - correct answer for Plato

B. Zack doing the research

C. Neil working on the presentation

natima [27]3 years ago
3 0

The question provides us with the following scenario: "Neil and Zack are working on a project that requires both research and presentation. Neil is better at research, so he gives the presentation to Zack. " A comparative advantage is when an agent is better at something or can produce something at a lower cost. Here, Neil can do research better, so the answer is: A.) Neil doing the research



You might be interested in
When you use the direct organizational plan for a routine message, you present the details before the primary idea?
12345 [234]
<span>The direct organizational plant for a routine message requires that you present the primary ideas first and then any supporting evidence. This plan emphasizes deduction, understanding the implications (details) of a central idea rather than presenting particulars first building toward the central idea of a message.</span>
4 0
3 years ago
(a) Argue whether or not a firm should continue production if its MR is lower than its AVC. (b) Support your argument with expla
Delvig [45]

Answer: A firm should not continue production when its MR is lower than its AVC.

Explanation:

The goal of every firm is to minimize cost and also maximize profits and therefore the firm will operate at the output level where the marginal revenue and the marginal cost equates.

A firm should not continue production when its MR is lower than its AVC. Here, the firm will incur a higher loss during production as producing will not offset the variable cost. Therefore, it's better to shut down.

4 0
3 years ago
You are considering two ways of financing a spring break vacation. you could put it on your credit​ card, at 17 % ​apr, compound
shutvik [7]
<span>Credit card has slightly lower interest rate. Let's take a look at both interest rates for 1 year and see what costs more. First, the credit card at 17% apr compounded monthly. Each month, 17%/12 interest will be taken. The total interest over the year will be (1 + 0.17/12)^12 = 1.183891728 times the original debt. Now let's look at the loan from the parents. Over 1 year, you'll be accumulating 2 interest payments. The formula for the year will be (1 + 0.09)^2 = 1.1881 Comparing the overall rate between the credit card and the parents, the credit card is slightly lower than the parents.</span>
7 0
3 years ago
​fay is mentally incompetent but has not been so adjudged by a court. any contract fay enters into is ​voidable if fay has a luc
Sindrei [870]
Any contract Fay enters into is "voidable if the other party does not realize that Fay is incompetent".

Business contract law holds that people that have been proclaimed mentally uncouth in a courtroom may discover an agreement they go into announced void, voidable, or enforceable. The guardian is the main individual who can go into an agreement for the incompetent individual's behalf.
3 0
3 years ago
Globalization has been driven by five major factors: political, technological, market, cost, and competitive. Business has fuele
maria [59]

Answer:

<u>Competitive Drivers </u>

Description

Explosive growth in international business

Implication for Business

Intense competition in world markets

Globalization has led to an explosive growth in international.business which has led to increased competition amongst companies because they now have to compete on a global scale against numerous companies in various locales.

<u>Political Drivers </u>

Description

Preferential trading arrangements and privatization of industries

Implications for Business

Increased opportunities for trade and investment

Some Countries offer great trading agreements this enabling companies to trade in other countries. This opportunity means that there are increased opportunities for trade by companies in the countries involved in the agreement.

<u>Cost Drivers</u>

Description

Exporting or producing Overseas

Implications for Business

Lower Cost of Goods sold

Globalization has enabled companies to be able to produce in cheaper markets for labor such as in Asia and Africa. This has led to a lower cost of goods sold and therefore higher profits.

<u>Technological Drivers </u>

Description

Explosive growth of high-power, low-cost computing

Implications for Business

Growth in Services.

Driving Globalization is an increased use of technology by human beings. The world is now connected by mere seconds which has enabled companies to derived clients all over the world this enabling them to offer more services.

<u>Market Drivers </u>

Description

Emergence of Global Customers

<u>Implications for Business</u>

New Opportunities and New Markets.

Another factor driving Globalization is the availability of new markets to sell their goods in in different territories. Companies can therefore have an increased demand base which will mean more Profitability.

5 0
3 years ago
Other questions:
  • While discussing their marketing campaign for a new product, the members of the cross-functional team responsible for Carver Inc
    13·2 answers
  • Consumer tastes or preferences would be most likely to have an effect on
    7·2 answers
  • Assuming there are only two types of outputs in a country: consumer goods and nuclear missiles. All else being constant, as the
    6·1 answer
  • Trade associations provide all of the following except
    12·1 answer
  • Rick is planning to invest the following amounts at 7 percent: $254 at the end of year 1, $412 at the end of year 2, and $1,230
    8·1 answer
  • Spence wants to have $176,000 in 7 years. He plans to make regular savings contributions of $13,100 per year for 7 years, with t
    5·1 answer
  • During the month of July, the company had the following activities: Issued 4,500 shares of common stock for $450,000 cash. Borro
    6·1 answer
  • Charles heads the human resource department at technology development company Schultz Inc. There, he monitors trends of the labo
    7·1 answer
  • The United States and the Soviet Union felt they were in an ideological war between freedom and democracy and _____ and communis
    15·1 answer
  • A wholesaler who takes over the whole marketing job nationally for one or a few manufacturers is called a:__________. a. merchan
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!