Answer:
The correct answer is letter "A": Neither Italy or New Zealand.
Explanation:
Comparative advantage is the ability of an individual or organization to manufacture its products at a lower opportunity cost than its competitors. The scenario does not imply the individual has an absolute advantage. It actually means it sacrifices less to achieve that goal.
Thus, <em>Portugal has a lower opportunity cost than Italy in producing a bottle of wine. Portugal's opportunity cost is 1/2 while Italy's opportunity cost is 2. Neither Italy or New Zealand (or any other country not mentioned in the example) has a comparative advantage in producing wine</em>.
Answer:B
Explanation: everything had a code of ethics.
Answer:
True
Explanation:
When the price increases, more people will be unwilling to buy the product. However, simply lowering the price will not necessarily gain a large number of new customers.
Answer:
cultural Business blunder
Explanation:
from the question, we are informed about instance of Branley Before going on his first business trip to China, Bradley asked his Chinese American friend to advise him on customs and values common among the Chinese businesspeople he will likely encounter. In this case Bradley is trying to avoid cultural business blunder.
cultural blunders can be regarded as blunders that occured as a result of
inappropriate use of language among businesses when international professional are communicating or relying with each other, the misunderstanding can result in business failures and other lost. The blunder could be from the business ad as well as product names
Hello! I believe the correct answer to your question would be r = 0.09852, or around 9.85%. Hope this helps, and have a great day :)