For each of the following goods that are imported in the United States, abundant input is the only source of comparative advantages that accounts for that country's comparative advantage. Therefore, the option A holds true.
<h3>What is the significance of a comparative advantage?</h3>
A comparative advantage can be referred to or considered as a situation in which a producer has an economic advantage over the other in a number of economic activities. At least two economies need to be a part of the society for the occurrence of a comparative advantage.
Abundant inputs is one of the key sources of comparative advantage. It is considered as a source that can account for another country's comparative advantage, when it lets the United States import its goods.
Therefore, the significance regarding comparative advantage has been aforementioned.
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Answer: $800 less than standard for the achieved level of activity
Explanation:
A flexible budget variance refers to the difference that occurs between the results that are gotten by a flexible budget model and the actual results gotten.
Since the flexible-budget variance is $800 favorable for unit-related costs, this indicates that costs were $800 less than standard for the achieved level of activity.
Therefore, the correct option is D.
Recreational vehicle value decreasing to $100,000
Answer:
d. Has no duty to protect customers from criminal conduct by third parties.
Explanation:
A retail store has no duty to protect customers from criminal conduct by third parties. A retail store is responsible for facilitating its customers by offering them value in their products and services, treating them fairly and giving them respect, providing them with excellent shopping experience and involving them in co-creation process. Retail store has no liability if customers has faced any kind of criminal conduct or activity by a third party, it doesn't come under the umbrella of their responsibility and jurisdiction. Customer has to take care when they are dealing with the third party because that particular retail store has nothing to do with it if something bad or any unforeseen circumstances occur.
