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Taya2010 [7]
3 years ago
13

According to the theory of comparative advantage, potential world production is greater with unrestricted free trade than it is

with restricted trade true or false
Business
1 answer:
dimaraw [331]3 years ago
8 0

Answer:

The answer is true

Explanation:

The law of comparative advantage describes how, under free trade, an agent will produce more of and consume less of a good for which they have a comparative advantage.

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Which of the following is the roadmap of where the business is going?
dusya [7]

The road-map which tells where the business is going is a Business plan.

A business plan is basically a map which visualize a goal desired outcome and draws out the steps needed to reach the goals.

  • In other word, a business plan shows where a company is going and steps required to get there.

  • A typical business plan will state likely Challenges, defined Objectives, Courses of Action, Initiatives, Mode of operation etc.

In conclusion, every successful business that exists today started with well-drawn business plan.

Learn more about Business plan here

brainly.com/question/15826771

7 0
2 years ago
What are deficient products? products that have neither immediate appeal nor long-run benefits products that give high immediate
Lisa [10]

Answer:

Products that have neither immediate appeal nor long-run benefits

Explanation:

A product represents a bundle of utilities created by a producer to satisfy a want.

A deficient product as the name suggests, would refer to such products which are deficient in attributes that represent a customer want and the ones which fail to satisfy customer wants.

Those products who do not conform to a particular quality standard or whose performance is below par as per customer expectations would be termed as deficient products.

Sometimes, organizations deliberately create deficient products so as to induce repurchase of subsequent products depicted as improvements over the previous ones.

Such products lack current appeal and are neither expected to accrue to long term benefits.

7 0
2 years ago
Who founded crypto currency in the world​
ohaa [14]

Answer:

☁︎Satoshi Nakamoto's☁︎

Explanation:

Two months later, a paper entitled 'Bitcoin: A Peer-to-Peer Electronic Cash System' was passed around a cryptography mailing list. The paper is the first instance of the mysterious figure, Satoshi Nakamoto's appearance on the web, and permanently links the name "Satoshi Nakamoto" to the cryptocurrency.

7 0
2 years ago
Changes in the quality of a good Group of answer choices do not present a problem in the construction of the consumer price inde
mestny [16]

Answer: Consumer price index

Explanation: A Consumer Price Index measures changes in the price level of a weighted average market basket of consumer goods and services purchased by households. The CPI is a statistical estimate constructed using the prices of a sample of representative items whose prices are collected periodically

6 0
3 years ago
All of the following are correct about what managers should know about firms based in a country with a national competitive adva
elena-s [515]

Answer: c. Success is guaranteed as the firm implements its chosen international business-level strategy.

Explanation:

Firms that have a hold on national competitive advantage have to consider that which favours the market they operate in within where they are based in carrying out their decision or policies considering their business. It would be unprofitable when the firm chooses it's policies for success based an international business level strategy as this may seems to fail. Strategies that should be considered are those that focuses on what impact it would play in the market of the nation.

6 0
3 years ago
Read 2 more answers
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