Answer:
Distinguish between an absolute advantage and a comparative advantage is discussed below.
Explanation:
Absolute advantage and a comparative advantage
- Absolute advantage concentrates on the marginal cost of reproduction of an asset whereas comparative advantage characteristically concentrates on the opportunity cost of production.
- Trading judgments based on comparative advantage between nations are forever respectively advantageous.
Answer:
Statement B is correct
Explanation:
Provided Information that,
Company A has shorter Average Collection Period than Company B,
Average Collection Period refers to the period in which the cash is collected from debtors.
Thus in the given statements only statement B states that Company A is more efficient in collecting receivables from debtors, thus it is the correct statement.
Statement A is wrong as Company A has less Average Collection Period, thus it's credit sales percentage would be higher than Company B.
Statement C which states about generating revenue is not correct as the company might have cash sales.
Statement B is correct
Answer:
$2 trillion
Explanation:
In a closed economy GDP is $12 trillion
Consumption is $8 trillion
Government spending is $2 trillion
Taxes is $0.5 trillion
Therefore the investment spending can be calculated as follows
= $12 trillion - $8trillion-$2trillion
= $2 trillion
Hence investment spending is $2 trillion
Answer:
Because neutrinos rarely, if ever, interact with my computer.
Explanation:
A computer accessory salesman attempts to convince me to purchase a "solar neutrino" shield for my new computer. (It's even "on-sale" !) I turn down this excellent offer <u>because neutrinos rarely, if ever, interact with my computer.</u><u> </u>Lack of any links to stuff, neutrinos remain extraordinarily unfriendly. They simply don't desire to communicate with anything in today's material world. To neutrinos, the Sun is translucent, and huge numbers of them walk away into all ways of space at approximately the pace concerning light.
Answer:
(D) He should include a timeframe.
Explanation:
A concrete mapping of his goal in a timeframe is all Mohammed needs to make his goal SMART (Specific, Measurable, Achievable, Realistic, and Timely).
Since Mohammed is someone who has a strong educational and professional background regarding his goal, then the goal automatically becomes realistic and achievable. On the other hand, it is also specific, since he clearly states his desired position (he emphasizes the job of marketing department manager instead of simply stating he wants a promotion).
Since his goal is a discrete (not continuous) event, the Measurable characteristic is somewhat irrelevant.
All that is left for him to do is to state by which point in time he wants to achieve that goal (e.g. in five years' time).
