Answer:
- Gibb's opportunity cost of solving a crime = 3 wooden boats / 30 = 0.1 wooden boats
- DiNozzo's opportunity cost of solving a crime = 1 wooden boat / 20 = 0.05
Even though DiNozzo has a comparative advantage in solving crimes (0.05 wooden boats per crime < 0.1 wooden boats per crime), Gibb's has an absolute advantage in solving crimes because he can solve 30 while DiNozzo can only solve 20 (Gibbs has also an absolute advantage in building wooden boats).
It's called an entitlement
the requirements usually target low income individuals and families and created based on their level of income.
USA currently has 13 welfare programs to fight poverty and a medicaid program to provide health care for low-income individuals
Answer:
B) Theory of national competitive advantage
Explanation:
The diamond theory of national competitive advantage was developed by Michael Porter. It states that a country must focus on the attributes and industries that allow it to outperform other competing countries.
In this case, Sentoria is in the middle of the Pacific Ocean, so its main industry should be related to seafood. What else could they export?
Answer:
The interest expense should be recognized on the zero-interest-bearing promissory note is 22.000
Explanation:
Interest expense = (Fair value of the land * Interest rate)
Supposing a interest rate of 11% we get:
Interest expense = 200.000 * 11% = 22.000
Answer:
3. cannibalization
Explanation:
This term refers to the situation were sales or the market share of a product are reduced because another product is introduced by the same company.
