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saul85 [17]
3 years ago
5

If you carry a balance on your credit card, but would like to pay less money in the long run, you should _____. make the minimum

payment every month talk with your credit card company about removing your annual fee pay as much as possible each month close your account and transfer your balance to a different credit card
Business
1 answer:
Kay [80]3 years ago
4 0

pay as much as possible each month. This saves finance charges in long run.

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According to the concept of comparative advantage, a good should be produced in that nation where?
snow_lady [41]

According to the concept of comparative advantage, a good should be produced in that nation where its <u>domestic </u><u>opportunity cost</u><u> is the least.</u>

This is further explained below.

<h3>What does the opportunity cost?</h3>

Generally, Opportunity cost, in microeconomics, refers to the value or advantage foregone by doing one action over another.

To put it another way: if you do one thing, you can't do anything other.

In conclusion, Opportunity cost, in microeconomics, refers to the value or advantage foregone by doing one action over another.

To put it another way: if you do one thing, you can't do anything other.

Read more about opportunity cost

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complete question

According to the concept of comparative advantage, a good should be produced in that nation where:

A) its domestic opportunity cost is greatest.

B) money is used as a medium of exchange.

C) its domestic opportunity cost is least.

D) the terms of trade are maximized.

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1 year ago
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2 years ago
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Holly's Ham, Inc. sells hams during the major holiday seasons. During the current year 11,000 hams were sold resulting in $220,0
aalyn [17]

Answer:

The break-even point in sales dollars is: C. $32,000

Explanation:

During the current year 11,000 hams were sold resulting in $220,000 of sales revenue, $55,000 of variable costs, and $24,000 of fixed cost.

Contribution margin ratio = (Sales - Total Variable cost)/Sales = ($220,000 - $55,000)/$220,000 = 0.75

The break-even point sales dollars is calculated by using following formula:

Break-even point in sales dollars = Fixed cost/Contribution margin ratio = $24,000/0.75 = $32,000

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Answer:

E. b and c is the correct answer.

Explanation:

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the category of information system that is used to process business event data at the operational level of the organization is​
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The information system category that is used to carry out processing for business event data at the operation level is Transaction processing systems (TPS).

<h3>What is Transaction processing systems (TPS)?</h3>

Transaction processing systems (TPS) refers to a type of information system that businesses use to record their day to day activities at the operational level.

This system is therefore important because it ensures that a business keeps track of its event data.

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