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torisob [31]
3 years ago
12

In Canada, the average worker can produce 10 computers or six cars a year. In the United States, the average worker can produce

12 computers or 10 cars a year. Which of the following statements is CORRECT? A. The United States has an absolute advantage in both goods, but a comparative advantage in producing cars. B. The United States has a comparative advantage in producing computers. C. Canada has an absolute advantage in producing both goods. D. Canada has a comparative advantage in the production of cars.
Business
1 answer:
koban [17]3 years ago
4 0

Answer:

A. The United States has an absolute advantage in both goods, but a comparative advantage in producing cars.

Explanation:

From the question above, it is easily evident that the average worker in USA is producing more goods as compared to the average worker in Canada.

This gives the USA, absolute advantage in both the products. But there is a comparative advantage as well with the USA in producing cars as compared to Canada because the average worker in USA is almost producing 67% more cars in USA than in Canada.

Hope this clear,

Good luck buddy.

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A value chain is a set of: a) similarly profitable firms competing against each other in any given industry. b) large firms that
OLEGan [10]

Answer:

c) activities through which a product or service is created and delivered to customers.

Explanation:

A value chain is the entire range of activities that a company undertakes to create a product or a service. These activities include design,  production, marketing and distribution.  A manufacturing company will have its value chain processes start with the procurement of raw materials and end when the product is sold.

Companies will, from time to time, perform value chain analysis.  Value chain analysis involves a detailed examination of all the business processes and procedures. The purpose of the analysis is to improve the efficiency of the value chain. An efficient system of production has cost-saving benefits to the organization.

5 0
3 years ago
On July​ 1, 2019, Montana Company has bonds with balances as shown below. Bonds Payable 66,000 Discount on Bonds Payable 3,800 I
Otrada [13]

Answer:

Loss on the retirement of $4,750

Explanation:

The following have the effect on the income statement which is a loss on the retirement and it amounts to $4,750

It is computed as:

Loss on retirement = Retirement value of the bonds - Issued price of the bonds

= $71,150 - $66,400

= $4,750

Working Note:

Issued Price of bonds = Face value - Discount on bonds payable

= $70,000 - $3,600

= $66,400

7 0
3 years ago
Các yếu tố môi trường ảnh hưởng đến ?
natali 33 [55]

Answer:

hejejeusuusywtwnjwiadeahagstahshhshsh shshhshshshshwjwjywywhywuehshsgzjjsgsgshshsjgsgsgshshhsusjsgjsjsjsgsnshysjshfssjg a.c juduuzysuhshsksiaiuwystsia isah sfajaitakawtaiwistdhxnsjishdysyausishzhhzgzgsuhsjshahshsnshzhz

Explanation:

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5 0
3 years ago
West Company borrowed $10,000 on September 1, Year 1 from the Valley Bank. West agreed to pay interest annually at the rate of 6
Setler [38]

Answer:

The correct answer is $200

Explanation:

The interest expense appearing on the company's income statement in year 1 is for  a period of four months(September to December) year 1.

The interest expense using an annual rate of 6% is computed thus:

interest expense=$10,000*6%*4/12=$200

The correct option is $200 which is not one of the options provided,hence the options need.

In another version of the question,option D was $200 which shows is missing here,

All in all, the correct answer is $200 interest for a period of four months from September to December

8 0
3 years ago
Periodic review systems are best suited for the C category of items under the ABC classification scheme.
sveticcg [70]

Answer:

a. True

Explanation:

ABC classification scheme refers to item analysis that is based upon the principle that there are many less critical items and few critical items by dividing on-hand inventory into three classes which is generally based upon annual dollar volume as follows:

"A items" have very tight control and accurate records

"B items" does not have a tight control and good records

"C items" have minimal records, periodic review, and and characterized by simple controls.

From the above explanation, it is therefore <u>true</u> that periodic review systems are best suited for the C category of items under the ABC classification scheme.

7 0
3 years ago
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