These degrees are offered by state universities and private colleges/universities and include Masters and Doctoral degrees.

According to the concept of comparative advantage, a good should be produced in that nation where?

snow_lady [41]

According to the concept of comparative advantage, a good should be produced in that nation where its <u>domestic </u><u>opportunity cost</u><u> is the least.</u>

This is further explained below.

<h3>What does the opportunity cost?</h3>

Generally, Opportunity cost, in microeconomics, refers to the value or advantage foregone by doing one action over another.

To put it another way: if you do one thing, you can't do anything other.

In conclusion, Opportunity cost, in microeconomics, refers to the value or advantage foregone by doing one action over another.

To put it another way: if you do one thing, you can't do anything other.

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complete question

According to the concept of comparative advantage, a good should be produced in that nation where:

A) its domestic opportunity cost is greatest.

B) money is used as a medium of exchange.

C) its domestic opportunity cost is least.

D) the terms of trade are maximized.

7 0

2 years ago

Which of the following price indices is designed to measure changes in the prices of goods and services purchased by a typical i

skad [1K]

Answer:

d. Consumer price index

Explanation:

Consumer price index in any country consists of goods and services that are used in day to day activities by consumers e.g. daily food items, utilities, transportation etc. The index is used to measure the increase in weighted average prices of the constituents over a particular time.

Option A is price index for producers that measures the increase in price of goods and services that are typically used by different producers for their output.

Option B is an analysis that is used to assess the trends of any economy. This analysis is performed by government economists, officials and government to make informed decisions about future actions. Individuals have no use of the index.

Option C Gross domestic product (GDP) deflator is a price adjustment to GDP of current year to depict the actual growth in value of goods and services produced in a particular year. GDP deflator is a reduction of inflation rate from nominal rate of increase in GPD.

8 0

4 years ago

Questions to ask my lecture on external and internal relationships in bussiness

Murljashka [212]

Answer:

Have we inventoried the third party relationships that exist in our organization today?

How are we identifying and tracking new or changing relationships?

Have we assessed and prioritized the risks related to those relationships?

When evaluating new relationships, do our selection criteria address risks to the organization?

Where applicable, do our agreements and contracts include adequate terms and conditions to require third-parties to provide independent assurance to mitigate potential risks, convey trust and confidence, and demonstrate compliance with laws and regulations?

Are responsibilities to manage these risks clearly defined individually for each third-party and as a whole?

Are we monitoring the various risks and contract requirements associated with each existing relationship and at what interval?

Are these relationships dependent on subservice organizations?

How do we gain comfort that information provided by third-parties is valid, accurate, and complete?

Does our risk assessment process identify potential negative events resulting from third party relationships and include procedures in place to respond?

7 0

3 years ago

Anya needs $500 to help pay for a trip to Europe. She calls her parents and asks if they will give her $5,000 for her trip, and

luda_lava [24]

Answer:

The answer is: reciprocal concessions technique

Explanation:

Reciprocal concessions (or Door in the face) technique is used by an individual (Anya) that tries to persuade or convince someone else (parent) to comply with a large request ($5,000) knowing that their request will probably be rejected. Then they make a second, more reasonable, request that the other party is more likely to accept or agree ($500).

6 0

4 years ago

In 2013, how much money did Tesla raise via common stock offerings, net of fees and expenses?a) $515.6 millionb) $410.1 millionc

DaniilM [7]

Tesla was able to raise via $410.1 million from common stock offerings, net of fees and expenses to finance the business.

<h3>What was the finance for?</h3>

As part of shareholder's capital, the fund was used by the firm to finance the vehicle innovations.

Hence, the firm called "Tesla" was able to raise via $410.1 million from common stock offerings, net of fees and expenses to finance the business.

Therefore, the Option B is correct.