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ioda
3 years ago
5

Which feature of a customs union differentiates it from a free trade area?

Business
1 answer:
andriy [413]3 years ago
6 0

Answer: A customs union requires all members to have a common external trade policy with non-union members.

Explanation: The feature that differentiates a customs union from a free trade area is that a customs union requires all members to have a common external trade policy toward non members. Free trade areas are permitted to negotiate different tariffs with different countries, contrary to the operation of customs unions.

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Which scenario describes the highest level of productivity?
Anna35 [415]

Answer:

B. Producing 50 shoes using resources that cost $25

Explanation:

Productivity is described as a measure of efficiency. An increase in efficiency results in an increase in productivity.  Productivity is the efficient use of resources. It is the ability to give more output using fewer resources.

An increase in productivity is an increase in production using proportionate fewer resources. In this case, producing 50 shoes with resources of $25 is the most efficient way of using resources from the list produced.

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3 years ago
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Describe at least two factors you could consider to help decide how much inventory to keep in stock of a particular item at the
Mkey [24]

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Determine how much demand there is for the product. Determine the cost of purchasing the product and how much is affordable. Figure out how much profit can be made off of each item and each order.

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2 years ago
Which country listed has the highest human development ranking?
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Answer:

The answers to all 3 questions are:

1. Norway

2. China and India

3. Afghanistan

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Just completed the 2020 Edge Assignment

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3 years ago
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Stop and Go has a 4.5 percent profit margin and a 15 percent dividend payout ratio. The total asset turnover is 1.6 and the debt
AVprozaik [17]

Answer:

10.85 percent

Explanation:

Return on equity = 0.045 × 1.60 ×(1 + 0.60) = 0.1152

Sustainable growth = [0.1152 × (1 - 0.15)]/{1 - [.1152 × (1 - 0.15)]} = 10.85 percent

The sustainable growth rate is the rate of growth that a company can expect to see in the long term. Often referred to as G, the sustainable growth rate can be calculated by multiplying a company’s earnings retention rate by its return on equity. The growth rate can be calculated on a historical basis and averaged in order to determine the company’s average growth rate since its inception.

The sustainable growth rate is an indicator of what stage a company is in, during its life cycle. Understanding where a company is in its life cycle is important.

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Carlos Landry finds he has less and less energy to go to work each day. On average he misses two days a week. Carlos may be suff
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Answer:

C. Job specialization

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Job specialization: This can be defined as a situation where an employee focuses on a particular skills or job position in order to become an expert.

Job specialization is as a result of division of labor. Division of labor is the sharing of roles or functions among employees in a firm so as to Improve productivity.

When a particular role is assigned to an employee for a long period of time, the employee becomes an expert as a result of that.

Advantages of job specialization

• Workers produce more when they occupy a specific role.

• Job specialization leads to time saving in production because employees have become masters in their role

• More expertise is developed through job specialization

Disadvantages of job specialization

• Continuous performance of a particular role might lead to boredom of the employee

• There is fear of job security for the workers. They often wonder what will happen if a firm finds a replacement for them.

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