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vivado [14]
3 years ago
6

Specialization and trade are closely linked to_____.

Business
1 answer:
lesya [120]3 years ago
6 0

Answer: The correct answer is "a. comparative advantage.".

Explanation: Specialization and trade are closely linked to <u>comparative advantage.</u>

The comparative advantage is the ability of a person, company or country to produce a good using relatively less resources than another.

The concept of comparative advantage is one of the basic foundations of international trade.

The theory of comparative advantages postulates that each country in question will specialize in what is most efficient. At the same time, it will import the rest of the products in which they are most ineffective in terms of production.

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Matt Christopher is a 30-year-old mechanical engineer, and his salary next year will be $80,000. Matt expects that his salary wi
DochEvi [55]

Answer:

f

Explanation:

6 0
3 years ago
Bio-Lab Pharmaceuticals carried on a project to develop a new drug that dramatically shortened the recovery period for flu infec
Gala2k [10]

Answer:

$450,000

Explanation:

Calculation for the amount that would be expensed

Using this formula

Amount to be expensed = Project cost before the project was abandoned + Amount spent on another project

Let plug in the formula

Amount to be expensed =$150,000+$300,000

Amount to be expensed =$450,000

Therefore the amount that would be expensed will be $450,000

4 0
3 years ago
If a salesperson seeks to avoid customer interactions, what are they suffering from?
Leviafan [203]

Call reluctance is what they are suffering from if they tend to avoid customers.

<h3>What is Customer interaction?</h3>

Every company is at the mercy of the people who use it. The market is cutthroat, and consumer expectations have skyrocketed. Simply put, providing a quality good or service is insufficient. The positioning of your brand in the market, however, can be greatly influenced by the relationships you build with your customers. While discussing the importance of customer interactions, it's important to keep in mind that the customer experience is a continuous process. Building stronger ties with your customers is a continuous process.

Before we go into the specifics of how customer interaction can be advantageous for your business, it is crucial to understand what it is. Addressing customer needs and ensuring they are met through the provision of your good or service is referred to as customer interaction. Companies frequently employ salespeople with the necessary training to conduct these customer interactions. Overall, having a better understanding of your customers can give you a competitive edge.

Thus, customer interaction should be taken care of well.

For more information on Customer interaction, refer to the given link:

brainly.com/question/14569242

#SPJ4

4 0
2 years ago
If the demand for apples is highly elastic and the supply is highly inelastic, then a tax imposed on apples will be paid:
RUDIKE [14]
A tax imposed on apples will be paid largely by THE SELLERS OF THE APPLES. The demand for apples being elastic means that small changes in price will cause large changes in quantity consumed. The supply for apples being inelastic means that the quantity supplied of apples is unaffected when the price of apple changes. This means that because of the imposed tax, the price of the apple will probably increase but since an increase in price will reduced the quantity bought, the sellers has to maintain the original price of the apples. In this case, the sellers of the apple will bear the larger parts of the imposed tax
6 0
4 years ago
Bob reads a circular from the Department of Human Health and Safety. It recommends a lower intake of salt as a measure to preven
STALIN [3.7K]

Answer:

Selective distortion

Explanation:

Selective distortion is the phenomenon where people interprete information based on their previous beliefs. This occurrence makes it difficult for such people to be influenced to make a purchase through advertisements.

This challenge to marketing also applies to selective attention and selective retention.

In this instance Bob reads a circular from the Department of Human Health and Safety recommending lower salt intake to prevent health problems. Because his grandmother still adds salt and remains healthy, Bob discards this information as being untrue.

4 0
4 years ago
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