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4 years ago

The law of comparative advantage explains why a nation will benefit from trade when

Business

1 answer:

zlopas [31]4 years ago

7 0

Answer:

The correct answer is option d.

Explanation:

The law of comparative advantage states that a country will be able to benefit from international trade if it produces and exports the good that it has a comparatively lower opportunity cost in producing.

Comparative advantage refers to comparatively lower opportunity costs. A country will specialize in the production of a good that it can produce at a lower opportunity cost.

Both the countries will be able to benefit from trade and jointly increase their production and consumption if they export goods they can produce at lower opportunity cost and import goods they can produce at higher opportunity cost.

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When the timber industry in montana experiences an economic slump, superior logging co. is forced to lay off a number of its emp

cluponka [151]

Answer:

D. COBRA

Explanation:

Larry would have learnt that he has a right to extend his insurance benefits, however, if he pays the premiums under cobra.

The Consolidated Omnibus Budget Reconciliation Act (COBRA) gives workers and their families who lose their health benefits the right to choose to continue group health benefits provided by their group health plan for limited periods of time under certain circumstances such as voluntary or involuntary job loss.

Since Larry has lost his job, COBRA will be the best option for him because he meets the condition

3 0

3 years ago

Angelo is a wholesale meatball distributor. He sells his meatballs to all the finest Italian restaurants in town. Nobody can mak

LekaFEV [45]

Answer:

Meatball prices will exceed marginal cost.

Explanation:

Taking on account that Angelo is the only meatball's provider in the area, he is the only actor in his market segment. If he wants to maximize the profit for his business the meatball prices will exceed marginal cost; there are two ways to make it possible for the product. the first option is to reduce the marginal cost through the reduction on the cost prices, it will reduce the total marginal cost and give a higher profit.

The second option involves rising the prices, in this case, as Angelo has the market's control he can rise the prices,as a result, the marginal cost will be the same but the meatball's prices will be higher increasing the profit.

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4 years ago

A ________ is a person who is well versed in an organization's strategy and focuses on ensuring that business processes and info

Natali [406]

A BUSINESS ANALYST is a person who is well versed in an organization's strategy and focuses on ensuring that business processes and information systems meet the organization's competitive strategies.

4 0

4 years ago

Factors such as the need for improved reliability and security in postal systems and new government regulations represent import

Brums [2.3K]

Answer: Option (B)

Explanation:

Here, from the given option we can state that direct marketing is the correct option. Direct marketing is referred to as the type of communicating a proposal, under which an organizations tends to communicate straight to the pre-selected consumer and thus further supply the method or technique for the direct answer.

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3 years ago

____________ are products which consumers use up and must restock quickly. Alternatively, a unique need might arise that require

lapo4ka [179]

Answer:

Emergency

Explanation:

Emergency products are those that are needed urgently or in the case of an emergency usually with no planning. They are characterised by instant purchase and are easy to find.

Normally consumers plan before buying but in this case the need comes suddenly so consumer does not plan, the products are basically the same. Timing is critical in this type of purchase.

8 0

4 years ago