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AleksAgata [21]
2 years ago
6

The only deposits of a rare and sought-after mineral known as ursarite are found in Russia. Since no other nation has deposits o

f ursarite, Russia has a(n)__________ in this mineral.
Business
1 answer:
fomenos2 years ago
4 0

Answer: Russia has an absolute advantage in the mineral.

Explanation:

Absolute advantage is an economics term that means to the ability of an individual, firm, or nation to manufacture a larger quantity of a product than its competitors. 

Adam Smith proposed absolute advantage of absolute advantage in international trade by using only labor as the input. Absolute advantage is derived by comparing labour productiveness between countries.

Russia has an absolute advantage because it's the nation that can produce the highest amount.

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a. should be discouraged because it lessens a quality that makes that antique desirable

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In pricing theory, the price for a good or service should increase as its scarcity increases. Now selling the antique at a bargain price will reduce the price of it and thereby making it less scarce and rare.

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20 pts.<br><br> When would it be better to use business emails?
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It would be better when doing business .
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A deli is offering a special for its sandwiches. a customer will receive three free sandwiches for every five sandwiches purchas
ArbitrLikvidat [17]
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Would you recommend that Apple raise or lower its price for the iWatch to increase​ revenue?
melisa1 [442]

I would recommend it lower its price.

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3 years ago
Does Audit services needed in Auchi polytechnic student union government? If yes,why
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Audit services is one that is needed in Auchi polytechnic student union government to know if the student body use the money allocated to them in the right manner or for the right project.

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<h3>What is the student union?</h3>

The student union is known to be a body that is composed of student of any university, polytechnic or college institution.

It is known to be a body that is autonomous and one whose internal life set up its own by-laws.

Note that the student unions are often allocated funds by the university or polytechnic  and as such they have to use the audit service because some of their leaders may squander the money given to them., So this will help to checkmate them.

Hence, Audit services is one that is needed in Auchi polytechnic student union government to know if the student body use the money allocated to them in the right manner or for the right project.

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