Answer:
making business Strategy
Explanation:
As he and his staff has already planned out what they have to sell . He is now making a business strategy to implement. Business strategy is developed to achieve the desired results within the required time and with the given opportunities or circumstances. In other words it is a master plan set out to get the required results within a specific environment with specific alternatives.
According to Adam Smith, a country has an absolute advantage in the production of a product when it : is more efficient than any other country at producing it.
<h3>What is production?</h3>
Production can be defined as the process of manufacturing goods or product.
A country can have an advantage in the production of a product over other country when the country is good at what the produce and they are efficient in producing the product because they produce a desired result , with this other country will be attracted to what this country produce.
Inconclusion a country has an absolute advantage in the production of a product when it : is more efficient than any other country at producing it.
Learn more about production here:brainly.com/question/16755022
Answer: $8000
Explanation:
From the question, we are informed that Jerry and Julie are brother and sister and that Jerry sold stock to Julie for $5,000, its fair market value.
We are further told that the stock cost Jerry $10,000 five years ago and that Jerry also sold Carol (an unrelated party) stock for $2,000 that cost $10,000 three years ago.
Jerry's recognized loss before the $3,000 capital loss will be difference between $10,000 which was the cost and the 2000 which Jerry later sold it for. This gives:
= $10,000 - $2000
= $8000
1. They have less money to improve things like schools, parks and all that
2. At some point, they will have to pay billions back to get out of debt.