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3 years ago

Question 1 OTU

Business

2 answers:

timurjin [86]3 years ago

7 0

Answer:

B. Company A has a comparative advantage in the production of

rakes

Explanation:

Alchen [17]3 years ago

3 0

Answer:

B. Company A has a comparative advantage in the production of

rakes

Explanation:

Comparative advantage describes the ability of an enterprise to produce a particular product, goods, or services at a lower price in comparison to rivals. It means that the enterprise uses fewer inputs such as labor, capital, or land to produce. A company with a comparative advantage will manufacture more goods with the same quantity of inputs.

Company A produces rakes at $15 while company B produces at $17. Company A, therefore, has a comparative advantage over company B in the production of rakes. It means company A use fewer resources rakes than company B. Company A can sell rakes at a lower price than company B.

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Your firm's last three years of sales have been $1 million, $2 million, and $3 million (oldest to most recent). Year-end invento

Nitella [24]

Answer:

we will save 500,000 dollars worth of inventory.

Explanation:

If sales are 4,000,000 then the expected inventory will be 1,000,000

Giving an inventory turnover of:

4,000,000 / 1,000,000 = 4

IF we double the inventory turnover then:

4,000,000/inventory = 8

So the inventory will be of: 4,000,000/8 = 500,000

the difference is for 500,000

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slamgirl [31]

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3 years ago

Read 2 more answers

The attributes of a conventional corporation include that: Multiple select question. it is state chartered it is a legal entity

Scrat [10]

The attributes of a corporation include:

It is state chartered
It is a legal entity.
Corporate liability is separate from owners.

<h3>What is a corporation?</h3>

A corporation simply means a large company that's acts as a single entity. It's also recognized by law.

A corporation is state chartered, legal entity, and its corporate liability is separate from owners. It's usually a large group of company.

Learn more about corporation on:

brainly.com/question/2514694

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2 years ago

In the middle of the fourteenth century, an epidemic known as the Black Death killed a third of Europe’s population, about 34 mi

9966 [12]

Answer:

The black death epidemic resulted to death about 34 million European, left more job vacant. This was becuase many workers died while the jobs the were working on as at that time remained almost unchanged. The remained workers after the black death demanded for rise in wages, although the lords stood against the demand.

Explanation:

Although worker population decreased because of the plague, the amount of land and the tools did not change much. Some farm animals died when the people who took care of them died. Because the remaining workers had more tools and land to work, they became more productive, producing more goods and services. When workers are more productive, employers are willing to pay higher wages. The Statute of Laborers and similar laws in other countries were not very effective. Some lords avoided violating the statute by making “in kind” pay-ments—paying workers with food or other goods rather than wages—or providing other “fringe benefi ts.” Some lords began to pay illegally high wages. Wages increased because there were fewer workers—labor had become more scarce

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makvit [3.9K]

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