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FinnZ [79.3K]
3 years ago
9

Who has the comparative advantageLOADING... in producing​ oil? A. Norway has a comparative advantage producing oil because its o

pportunity cost of producing oil is lower. B. Neither country has a comparative advantage producing oil because their opportunity costs of producing oil are equal. C. The United Kingdom has a comparative advantage producing oil because its opportunity cost of producing oil is lower. D. Norway has a comparative advantage producing oil because it can produce more oil. E. The United Kingdom has a comparative advantage producing oil because it can produce more oil.
Business
1 answer:
viktelen [127]3 years ago
8 0

Answer:

The answer is option D) Norway has a comparative advantage producing oil because it can produce more oil.

Explanation:

Norway currently produces 1,398 thousand barrels of crude oil per day. At this capacity, it can produce more oil in comparison to United Kingdom that produces 1000 thousand barrels per day.

This statistics gives Norway a comparative advantage over United Kingdom.

Also comparing the consumption rate for both countries with Norway having a population of 5,421,241 which is far less than 66, 650,000 of the United Kingdom, shows that Norway will have enough to cater for her citizens as well as for exports.

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Answer:

Social conventions

Explanation:

Based on the information provided within the question it can be said that this is an example of cross-cultural diversity in terms of Social conventions. Social conventions refer to the rules or norms that individuals in society perform subconsciously. Such actions or behaviors can include greeting someone, shaking hands, or even driving on the right side of a road.

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3 years ago
Chrysler has a bond outstanding with eight years remaining to maturity, a coupon rate of 5 percent, and semiannual payments. If
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Answer:

10%

Explanation:

Calculation to determine the yield to maturity

Using financial calculator

FV= 1,000

N=2*8= 16

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I/Y = 5% semiannual

YTM=?

Hence,

YTM=10% YTM

Therefore the yield to maturity is 10%

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3 years ago
Universal containers(us) has an integration with its accounting system that creates tens of thousands of orders inside salesforc
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Secondly, these practices are often unique to your business, which makes it hard to find an out of the box solution that exactly meets your requirements. Maybe your company is a high touch call center with specific scripts that your agents need to follow based on a customer’s account data. Maybe you have a practice in place where your salespeople should always, always, create a work order after a deal closes. Or maybe you have a task that your users do over and over and over again, and if you can find a way to shave a few minutes off that task, you can save hundreds of person hours over the course of a year.

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Quattlebaum Widgets is creating a company strategy to expand its market to include teens, as well as children and adults. When e
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C) Product

Explanation:

There is fours Ps in the marketing mix

A. Place: The place denotes the location at which the product is sold and buyed

B. Price: The price is the key element of the product without which the product is not sold or even bought. Through knowing the price of the product, customers are able to purchase the product

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