Increased access to workplace tools and information means work hours may be more ____________

If an economist argues that everyone gains from trade, what reasoning is most likely underlying her argument?

mylen [45]

Answer:

If an economist argues that everyone gains from trade, the following reasoning is most likely underlying her argument:

Production according to the principle of comparative advantage lowers overall costs and therefore allows both countries to have a higher standard of living.

Explanation:

The comparative advantage refer to the situation in which an individual, company or a country offers its services and products at a lower rate as compared to its competitor. This leads to trade-off as you have to comprise for the gain of something.
This comparative advantage also increase the dependencies of nations or companies on each other.
For example, England and Portugal has benefited from this comparative advantage concept as England get the wine at lower cost from Portugal and Portugal also get earning by selling this wine to England.

4 0

3 years ago

Sherman Peabody earns a monthly salary of â€‹$1,500â€‹, which he receives at the beginning of each month. He spends the entire a

ale4655 [162]

Answer: A. maximizes the profits from money management.

Explanation:

The optimal average level of money is indeed the amount that maximises profit from money management.

Money management is essentially taking charge of your money and ensuring that you manage it in such a way as to limit unnecessary expenses whilst growing money through measures such as budgeting, investing and expenses tracking.

With Mr Peabody's income and other financial constraints, the optimal average level of money will be the most he can maximise from managing his money.

6 0

4 years ago

If the market price is $60, a firm's minimum average total cost is $70, and minimum average variable cost is $50, what should th

svet-max [94.6K]

Answer:

it shouldn't violate historic cost principal because it is not going to shut down it's business so therefore it should value the assets on the market price not on the cost of purchase price

Explanation:

above is the explanation,you should think of the answers and so doing your hw from this app.

3 0

3 years ago

Gundy Company expects to produce 1,304,400 units of Product XX in 2020. Monthly production is expected to range from 87,000 to 1

Inessa05 [86]

Answer:

Gundy Company

Manufacturing Flexible Budget Report

For the Month Ended March 31, 2020

Budget Actual

Units produced 107,000 107,000

Variable Costs:

Direct Materials $428,000 $455,000 $27,000 U

($4 * 107,000)

Direct labor $749,000 $746,000 $3,000 F

($7 * 107,000)

Overhead $963,000 $971,000 $8,000 U

($9 ×* 107,000)

Total variable costs $2,140,000 $2,172,000 $32,000 U

Fixed Costs:

Depreciation $434,800 $434,800 $0

Supervision $108,700 $108,700 $0

Total fixed costs $543,500 $543,500 $0

Total costs $2,683,500 $2,715,500 $32,000 U

Workings:

Depreciation = (1,304,400 * $4) / 12 = $5,217,600 / 12 = $434,800

Supervision = (1,304,400 * $1) / 12 = $1,304,400 / 12 = $108,700

3 0

3 years ago

One approach to understanding corruption perceptions is to compare information across a variety of countries. Your company has h

Ne4ueva [31]

Explanation:

A major problem in investing in the countries of South America are the problems arising from corruption, political instability and bureaucratization.

There are also many positive points that make large companies operate in such countries, such as Brazil, for example, which is a large country with enormous potential for consumption and also local and government incentives for setting international companies in the country.

However, it is essential that companies operate in these countries having knowledge of the real local situation in terms of the main problems occurring in the country, such as corruption, which can lead to significant problems for the company's business.

It is important, therefore, that there is an accurate internal control over the businesses and the corruption-related indexes and an active and regular monitoring of data essential to the business.

It is also important to have policies and an internal culture aimed at maintaining ethical values, so that the company is supported by positive and ethical values that will lead to a good positioning in the market.

4 0

4 years ago

Increased access to workplace tools and information means work hours may be more _____________.