1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Hatshy [7]
3 years ago
14

The following table shows the units of steel and personal computers a worker can produce per month in Germany and South Korea. U

se this table to answer the question.
Tons of steel Personal Computers (PC)
Germany 40 10
South Korea 16 8
Which of the following statements about absolute advantage are true?

a. Neither country has an absolute advantage in the production of either good.
b. South Korea has an absolute advantage in the production of steel while Germany has an absolute advantage in the production of PCs.
c. Germany has an absolute advantage in the production of steel while South Korea has an absolute advantage in the production of PCs.
d. South Korea has an absolute advantage in the production of both steel and PCs.
e. Germany has an absolute advantage in the production of both steel and PCs.
Business
1 answer:
ki77a [65]3 years ago
4 0

Answer:

Option E

Explanation:

Absolute advantage means that with the same input one country is able to produce more goods and services as compared to the other.

As we can see, Germany is able to produce 40 tons of steel with the same inputs as that of South Korea.

In the same way, Germany is able to produce 10 personal computers with the same inputs as that of South Korea.

Hence, Germany has an absolute advantage in the production of both steel and PCs

Option E is correct

You might be interested in
Gary lives in an area that receives high rainfall and thunderstorms throughout the year. Which device would be useful to him to
jekas [21]

What are the options?
6 0
2 years ago
Read 2 more answers
Raymond owns an Accidental Death and Dismemberment Policy with a principal sum of $50,000, and a capital sum of $25,000. After o
schepotkina [342]

Answer:

He will get nothing from the Accidental Policy.

Explanation:

  • Raymond owns an Accidental policy but he Dies from Coronary artery disease. according to insurance companies policy, he will get nothing when he is dead by any means other than by accident.
  • Insurance companies have their own regulations and policy.
  • The insurance company is liable to pay for the incident for which the insurance is taken.

6 0
2 years ago
Rumors of a bank failing, even if not true, can become a self-fulfilling prophecy because:
Scorpion4ik [409]
People will deploy from that bank and move to another bank to remain safe- if they believe the rumor. People usually believe rumors if they hear them enough while some people actually seek evidence and finding the truth vs the lie( or misassumption). For those people they will stay employed with that bank or at least give the bank the benefit of the doubt.

Please vote my answer brainliest. thanks!
8 0
3 years ago
Although it does not explicitly endorse traditional gender roles, which sociological perspective implies that dividing tasks bet
Licemer1 [7]

The functionalist perspective is the sociological perspective that implies that dividing tasks between spouses is beneficial for the family unit even though it does not explicitly endorse traditional gender roles.

<h3>What is a functionalist perspective?</h3>

This refers to the social view that our society is a relatively stable and orderly system composed of interdependent and interrelated parts

The key points about functionalist perspective are:

  • It view social change as a strain on the system
  • It attempts to explain social stability.

Hence, because the Functionalists believe that society is held together by social consensus where members of the society agree upon and work together to achieve, then, it is the sociological perspective that implies that dividing tasks between spouses is beneficial for the family unit even though it does not explicitly endorse traditional gender roles.

Read more about functionalist perspective

brainly.com/question/5963935

#SPJ1

3 0
2 years ago
A sale transaction closes on April 15th. The day of closing belongs to the seller. Real estate taxes for the year, not yet bille
Rasek [7]

Answer:

$607

Explanation:

Data provided in the question:

Date of closing of sales transaction = April 15

Expected tax for the year = $2,110

Number of days in an year = 365

Now,

Per day tax = [ Expected tax for the year ] ÷ [ 365 ]

= $2,110 ÷ 365

= $5.781 per day

Time period from January 1 to April 15 in days = 105 days

Therefore,

The seller's share of the tax bill

= Per day tax × Time period from January 1 to April 15 in days

= $5.781 × 105

= $606.98 ≈ $607

6 0
2 years ago
Other questions:
  • Successful businesses are keenly focused on their?
    12·1 answer
  • Imani, the CEO of Dynamic Health, wants managers and employees to instruct each other about the organization’s chosen values and
    12·1 answer
  • Suppose that electricity producers create a negative externality equal to $5 per unit. Further suppose that the government impos
    12·2 answers
  • Two fair dice, one blue and one red, are tossed, and the up face on each die is recorded. Define the following events: E:{ The n
    6·1 answer
  • Sweet Acacia Industries reported income taxes of $339,324,400 on its 2017 income statement and income taxes payable of $274,010,
    13·1 answer
  • When transportation costs are added to production costs, it becomes unprofitable to ship some products over a large distance. Th
    13·1 answer
  • A manufacturer produces hacksaw blades. recently, the manufacturer has decided to enhance its product line and offer band blades
    10·1 answer
  • The year the volleyball was introduced​
    14·1 answer
  • Please help!!!!!!
    11·1 answer
  • An oil cartel effectively increases the price of oil by 100% causing a shock in oil consuming countries A and B. The FED in coun
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!