Answer:
A
Explanation:
A country gains from trade if it specialises in the production of the good for which it has a comparative advantage
A country has comparative advantage in production if it produces at a lower opportunity cost when compared to other countries. this means that the country can produce the good by forgoing fewer alternative products
For example, country A produces 10kg of beans and 5kg of rice. Country B produces 5kg of beans and 10kg of rice.
for country A,
opportunity cost of producing beans = 5/10 = 0.5
opportunity cost of producing rice = 10/5 = 2
for country B,
opportunity cost of producing rice = 5/10 = 0.5
opportunity cost of producing beans = 10/5 = 2
Country A has a comparative advantage in the production of beans and country B has a comparative advantage in the production of rice
Answer:
$99,500
Explanation:
Adjusted gross income before considering the rental loss $118,000.
Less generated a loss of $18,500
Adjusted gross income $99,500
Carlos qualifies under the real estate professional exception due to the fact that he spends more than 50% of his personal service time in real property trade and the amount of time spent in real property trade is higher than 750 hours, he is as well the sole owner and spends more than 100hours.
Therefore the rental activity is not considered passive and he is allowed to offset the $18,500 loss against his active and portfolio income which is why Carlos'sadjusted gross income after considering the loss is $99,500 ($118,000 -$18,500)
Answer:
The correct answer is b. $30,000.
Explanation:
The depreciation is systematic allocation of cost of asset over its useful life. In straight line method cost is allocated evenly during the period of asset usage. Detail calculations are given below.
Depreciation expense = Cost of asset/Useful Life
= 90,000/3
= 30,000
Answer:
The correct answer is B) basic product.
Explanation:
The basic product is the first level of a product and is the good or service that covers a need.
It refers to the intrinsic product that covers the need. For example, it can be pure water to satisfy thirst, a car to be transported or telecommunications services to be able to communicate.
The basic product is what the generic of a satisfactory represents. However, even at this minimum level of product, the company should know that each consumer requires a product that meets their need, but this need is different in each.
<u>Answer</u>:
The concept of designing marketing communications programs that coordinate all promotional activities—advertising, personal selling, sales promotion, public relations, and direct marketing—to provide a consistent message across all audiences is referred to as <u>Integrated Marketing Communications
</u>
<u>Explanation</u>:
Integrated Marketing Communications refers to a unified approach adopted by the Company towards all promotional activities concerning a particular product or brand.
It entails a consumer driven promotional base, where using various tools of promotion such as advertising, social media, public relations, among others, a comprehensive and consolidated message is put across to the consumer.
The biggest benefit arising out of having an integrated marketing communications strategy is that since each and every promotional activity is revolving around the same central idea, the message that is aimed to be put across to the consumer is effectively and efficiently delivered, leading to a great return on investments and consequently a bigger profit.
