1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
AleksAgata [21]
3 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:
fomenos3 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.

You might be interested in
Consider the following information on three stocks: State of Economy Probability of State of Economy Rate of Return if State Occ
PolarNik [594]

Answer:

market premium = 0,0781 = 7.81%

Explanation:

We have to calculate the market return and then calcualte the premium as the difference between the expected return on the market and the risk-free rate:

We multiply each outcome by the stock weight. and then for the probability of occurence of that state of economy

Calculations for boom:

Change of boom x (weighted outcome A + weighted outcome B + weighted outcome C)

0.25    x    (0.45 x 0.15 + 0.45 0.27 + 0.1 x 0.05) = 0.05

\left[\begin{array}{cccccc}Stock&&B&A&C&Totals\\Weights&&0,45&0,45&0,1&&Boom&0,25&0,15&0,27&0,11&0,05&Normal&0,65&0,11&0,14&0,09&0,078975&bust&0,1&-0,04&-0,19&0,05&-0,00985&&&&&return&0,119125&\end{array}\right]

market expected return 0,1191

Market premium: 0,1191 - 0,041 = 0,0781

5 0
3 years ago
1. an activity which seeks to earn a profit by providing a good or service is known as a(n): a. industry. b. corporation. c. bus
DIA [1.3K]
It is called as C: Business
4 0
3 years ago
What do you call that carbon copy paper where what you write on the top sheet transfers to the other sheets?
Minchanka [31]
That type of paper is called carbonless copy paper, or non-carbon copy paper, or NCR Paper (= no carbon required). 
You use it when you don't want to copy the same thing twice, or three times, or more, so you just take this paper, with some papers underneath it, and write on the first paper, and everything you write will be transferred onto those papers below it.
4 0
3 years ago
Which is an example of an economic factor that affects the business environment
lidiya [134]
Here are a couple of things hope they help

<span>1.)  Interest rates
</span><span>2.) Taxes Inflation
</span><span><span>3.) </span>Currency
</span><span>4.) exchange rates
</span><span>5.) Consumer discretionary income
</span><span>6.) Savings rates
</span><span>7.) Consumer confidence levels
</span><span>8.) Unemployment rate
</span><span>9.) Recession
</span><span><span>10.)</span> Depression </span>










5 0
3 years ago
Barry’s expectation that employees will complete his requests immediately is typical of —— leaders.
goldenfox [79]

Answer: Commanding leaders

Explanation: The commanding leader is a type of leadership where the leader is someone who is very controlling. These leaders are tough and direct people, they are those who take charge of situations regardless of what others may think.

In the commanding leadership style, the leader is someone very focused and does whatever it takes to get the desired results. They are often intimidating and expect their employees to always do what they ask.

3 0
3 years ago
Other questions:
  • Amy Xia's plant was designed to produce 7,000 hammers per day but is limited to making 6,000 hammers per day because of the time
    5·1 answer
  • When banks borrow money from a federal reserve bank, they are given a certain interest rate to pay back the loan. if the federal
    13·1 answer
  • In a game, a dominant strategy is a. the best strategy for a player to follow only if other players are cooperative. b. a strate
    5·1 answer
  • Brief Exercise 7-07 Grouper Family Importers sold goods to Tung Decorators for $33,600 on November 1, 2020, accepting Tung’s $33
    6·1 answer
  • Cash Now Industries just hired 500 new workers to build ATMs and self-service check-out systems at its manufacturing plant in Te
    5·1 answer
  • explain the problems that occur when government institutes wage and price controls, and explain the rationale for these controls
    14·1 answer
  • For each market listed below, determine whether it is best characterized as a Cournot oligopoly, Stackelberg oligopoly, or Bertr
    9·1 answer
  • 'Structural unemployment arises from longer term changes in
    9·1 answer
  • Erica's Country Furniture sells wooden chairs for $179.49. It buys the chairs from a craft shop for $87.49 each. Its overhead ra
    15·1 answer
  • The capital investment evaluation method that subtracts the initial investment from the discounted future net cash flows from th
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!