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lukranit [14]
3 years ago
12

What theory implies that you should allow another firm to perform work activities for your company if that company can do it mor

e productively than you can? theory of core competencies theory of outsourcing theory of competitive advantage theory of offshoring theory of comparative advantage?
Business
1 answer:
saveliy_v [14]3 years ago
8 0
<span>The theory of comparative advantage</span> implies that you should allow another firm to perform work activities for your company if that company can do it more productively than you can.
 Comparative advantage is term used in economics to denote the ability to produce goods and services at a lower opportunity cost than competitors or trade partners. This theiry is the <span>foundational principle in the theory of international trade.</span>
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In a certain country, the labor force is 30 million and the unemployment rate is 5 percent. what is the amount of unemployed ind
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Given the number of the total population who belonged in the work or labor force which is 30 million, and the recorded percentage of those who are unemployed is 5 percent, this means that a number of unemployed individuals in this country is 1,500,000. Hope this helps.
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A new regulation requires the local coal plant to install filtering technology to reduce their carbon emissions by 50%. Purchasi
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3 years ago
Buyers are able to buy all they want to buy and sellers are able to sell all they want to sell at Group of answer choices prices
Yakvenalex [24]

Answer:

the equilibrium price but not above or below the equilibrium price.

Explanation:

At equilibrium price, quantity demanded equals quantity supplied. At this point, buyers are able to buy all they want to buy and sellers are able to sell all they want

Above equilibrium price, there would be a surplus. the quantity supplied would exceed the quantity demanded. Sellers would not be able to sell all they want in this case

Below the equilibrium price, there would be a shortage. the quantity demanded would exceed the quantity supplied. buyers would not be able to buy all they want

8 0
3 years ago
College football​ attendance, especially student​ attendance, has been on the decline. In​ 2016, home attendance at major colleg
puteri [66]

Answer:

Your opportunity cost of attending a game compared with the opportunity cost facing a college student 10 years ago is:

A) higher, because more games are televised today.

Opportunity costs are the cost of choosing one alternative from another.

In this case, when college students attend college football games they are unable to do other activities, not only while they are at the stadium or going to the stadium, but they are not able to purchase other goods. The cost of those alternatives that are lost are higher now because many college football games are televised now, before if you wanted to see a game you had to go to the game. So a student is now able to watch the game while doing other activities, or saving money for buying something else.

Can this change in opportunity cost account for the decline in college football​ attendance?

B) ​Yes, because these changes increase the opportunity cost of watching football games in person.

Even though opportunity costs do not involve actual cash payments, they are still important and individuals do consider them when they are choose one option over another. E.g. imagine if you had to choose between spending a considerable amount of money by attending a game (ticket, gas, beverages, etc.) or watching that game on TV and buying a few clothes instead or going on a date, etc. What option would you choose?

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3 years ago
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