Answer:
B
Explanation:
A country has comparative advantage in production if it produces at a lower opportunity cost when compared to other countries.
A company has absolute advantage in the production of a good or service if it produces more quantity of a good when compared to other countries
Allocative efficiency occurs in efficient markets when goods, services or capital are distributed in a way that is efficient to all the parties involved.
When countries trade in the goods for which they have a comparative advantage in its production, all the parties in the trade gains
Answer: Sharing information across the organisation
Explanation: In the given case, Mary grey is the owner of a retail store hence it is her duty to know all the goods that are offered by her store. However she did not knew the special goods when the customers asked for it.
This shows that the franchise company is not performing effectively in the area of sharing information as all the stakeholders do not know all the relevant information.
Answer:
Adjustment balance will be $13800
Explanation:
We have given estimated uncollectible accounts are $11,000
And doubtful account is $2800
We have to find the balance after adjustment
Balance after adjustment will be sum of uncollectible accounts and doubtful account
So the adjustment balance will be equal to $11000 + $2800 = $13800
So the adjustment balance will be $13800
Jones & Hilton co. owned a large cold storage warehouse where they stored and processed meat and meat products. an insider revealed to the media that the cold storage failed to meet numerous safety standards, encountered repeated rodent attacks, and sold potentially harmful and infected meat in the market without notifying authorities. the U.S. Department of Agriculture has the authority to conduct inspections of the cold storage warehouse and initiate legal proceedings against the owners for endangering the health of consumers.
