Absolute advantage is the ability to produce a good using fewer inputs than another producer, while comparative advantage is the ability to produce a good at a lower opportunity cost than another producer (reflecting the relative opportunity cost). One key difference is that one person can have an absolute advantage in both goods, but it is impossible for one person to have a comparative advantage in both goods due to the opportunity cost of a product being the inverse of the opportunity cost of the other.
On what lol ? I’m curious but yeah sure
Answer: pay satisfaction and promotion satisfaction
Explanation:
The Job Descriptive Index is designed in order to determine the satisfaction of employees with their jobs.
Since the company's pay scale meets the industry norm but does not exceed it, and the managers tend to stay at the same job level for a long time, then the company will score low on in a JDI survey in the area of pay satisfaction and promotion satisfaction.
The appropriate response is Daily Compounding. Progressive accrual is the expansion important to the key total of an advance or store, or as it were, enthusiasm on intrigue. It is the aftereffect of reinvesting premium, instead of paying it out, so that enthusiasm for the following time frame is then earned on the chief total in addition to the already gathered premium.
Answer:
larger long-term credit or loan costs
less preparation for emergencies
increased long-term challenges
Explanation:
Personal finance involves planning and managing individual or family financial activities such as income generation, saving, spending, insurance, and investments. The process of managing personal finance is through budgeting and the development of a financial plan.
Personal finance can be done by oneself or with the help of a personal financial manager. The objective is to help one meet both their short term and long term financial goals. Personal finance planning assists one meet expected future expenditures such as retirement while preparing them for unforeseen emergencies.
