The true statement out of all is
B) Georgeland has both an absolute and a comparative advantage in producing clothing.
Explanation:
This is because Absolute advantage is when one firm or a producer is able to produce more of a product using less resources or less time or more of the product in the same resources or same time as the other.
Comparative advantage is found out at the added bonus of having the product be as viable as it is advantageous which means that the producer could also be making another product and would have the advantage in that too so either one of them is equally profitable.
Answer:II) More risk-averse investors will invest less in the optimal risky portfolio and more in the risk-free security than less risk-averse investors. III) Investors choose the portfolio that maximizes their expected utility.
Explanation:The capital allocation line is a line created in a graph by investors in an economy to display or identify the potential risks involved in taking risky decisions. This line is one the determining factors to ensure that the investor has adequate knowledge about the risky nature of a capital investment.
Investors generally choose portfolios that guarantee maximum profits with reduced chances of loss. More risk averse investor will choose or opt for less risky portfolio.
Answer:
Company's assets at the end of Year 2 were provided by creditors = 20%
Explanation:
<u>Calculation of Cash at the end of Year 2
</u>
Cash balance at the end of Year 1 $600
Less: Paid off to notes payable ($500)
Add: Earned cash revenue $700
Less: Paid cash expenses ($400)
Less: Paid cash dividend <u>($100)</u>
Cash balance at the end of Year 2 <u>$300</u>
Notes payable at the end of Year 2 = Beginning balance - Paid off
= $1,000 - $500
= $500
<u>Calculation of Notes Payable at the end of Year 2
</u>
Notes Payable at the end of Year 1 $1000
Less: Paid off to notes payable <u>($500)</u>
Notes Payable at the end of Year 2 <u>$500</u>
Total assets at the end of Year 2 = Cash + Land
= $300+2200
= $2500
Creditors at the end of the Year 2 (Notes payable) = $500
Company's assets at the end of Year 2 were provided by creditors = Creditors * 100 / Total assets
= $500 * 100 / $2500
= 20%
Answer:
supplier development.
Explanation:
A degree of aggressive procurement involvement not normally encountered in supplier selection refers to supplier development.
Supplier development is a business strategy and it involves the process of working one-to-one basis or closely with certain suppliers in order to improve and boost their performance for the benefit of growing and developing an organization.
It is a concept that is also similar to reverse marketing in business management. It is a strategic business plan which is aimed at improving the quality and performance of suppliers by availing them resources they need to achieve success and have competitive advantage in the supply chain.
For instance, a buying organization might decide to implore suppliers to enter an emerging market.
Also, another example of the supplier development is, in order to prevent the wide-spread of Corona virus, CDC is ensuring its suppliers of ppe (personal protective equipment) are continuously supplying face masks.
Hello! The higher the salary, the more skills that you need to obtain the job. So just by looking at the answer choices, it is definitely NOT A, because while Attorneys get paid the most of the jobs listed, Administrative Assistants get paid the least. B could be true, because both have the highest paid salaries, but I heard that jobs for law are pretty low, so I'll come back to B. It's not C, because being a teacher doesn't require as much skill as technology jobs do. Nurses (as well as the healthcare field in general) are in high demand and software engineers are, too, due to technology advancements. I think the answer is B, because those take a lot of skill, experience, and years of training to be really good at. The answer is B.
