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Aloiza [94]
3 years ago
11

Travis can mow a lawn in two hours or he can trim a tree in one hour. Ricardo can mow a lawn in three hours or he can trim a tre

e in two hours. a. Travis has an absolute advantage over Ricardo in trimming trees. b. Travis has a comparative advantage over Ricardo in mowing lawns. c. Ricardo has a comparative advantage over Travis in trimming trees. d. All of the above are correct.
Business
1 answer:
Olenka [21]3 years ago
5 0

Answer:

The correct answer to the following question will be Option A.

Explanation:

  • Absolute advantage analyses or monitors the obvious differences in the cost of land as well as its productivity amongst countries of the world; whereas comparative advantage calculates the differences observed in the cost of labor between nation-states.
  • Travis may chop down a garden in 2 hours, and that he might prune a tree through one hour. Ricardo could even chop down a lawn for 3 hours, and then he can cut a tree for 2 hours. So Travis seems to have an absolute advantage surrounded by Ricardo in the chopping of trees.

Other given options are not related to the given situation. So that option A is appropriate.

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What is one major drawback of low-return investments compared to high-
alexandr1967 [171]

Answer:

Low-return investments have a greater risk of failing to grow at all.

5 0
3 years ago
Read 2 more answers
A manager who creates an incentive program for the team to hit quarterly sales goals is performing the management function of __
timurjin [86]

Answer:

Controlling.

Explanation:

Planning is a term used to describe the process of developing the organization's objectives and translating those into courses of action.

This ultimately implies that, planning is a strategic technique used by organizations to make an aggregate plan for its manufacturing (production) process typically ahead of time, in order to have an idea of the level of goods are to be produced and what resources are required so as to reduce the total cost of production to its barest minimum.

A manager who creates an incentive program for the team to hit quarterly sales goals is performing the management function of controlling.

6 0
3 years ago
Edwin, an employee at an auto assembly plant for a U.S. auto manufacturer, manages a group of employees who measure the quality
stira [4]

Answer:

Inbound quality inspection department of supply chain management

Explanation:

Purchasing department create purchase order for any product from supply.

once the order shipment reaches to plant, the quality of product is inspected whether product adheres to specification requested during purchase order creation. since product reaches to plant it is inbound logistic and hence inspection of those is termed as inbound logistic inspection.

Inbound logistic inspection is significant part of supply chain management.

5 0
4 years ago
Widgets, Inc., based in the United States, makes small parts for the auto industry. Over the past couple of years, Widgets has l
lord [1]

Answer:

This is called:

Trade Restriction

Explanation:

Outsourcing to foreign markets can cripple domestic industries, increase local unemployment, and impose trade imbalance.  To check excessive outsourcing, the federal government imposes tariffs.  Such a trade restriction is considered necessary within the domestic economy.  But it may be regarded as a restriction of free trade within the international community.

7 0
3 years ago
If the U.S. engages in free trade and the international price of skateboards is $75, it would import _____ skateboards from the
prisoha [69]

ifthe U.S. engages in free trade and the international price of skateboards is $75, it would import _____ skateboards from the rest of the world.

Explanation:

answer would be 210

4 0
3 years ago
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