Answer:
The correct answer is letter "C": usage of the most abundant factors of production, while the focus of the comparative advantage theory is on the productivity of the production process.
Explanation:
The Factor Productions theory, also known as the <em>Heckscher-Ohlin</em> theory, is a concept that tries to explain how international trade works. It is based on the focus that production increases capital and labor to an equal importance level. While, the Comparative Advantage theory is defined as the ability of an individual, company, or country to produce a good or service at a lower opportunity cost than its competitor.
Answer:
D) Both the landowner and the attorney.
Explanation:
The bank will succeed in obtaining a judgement against both the former landowner and the attorney. The bank can sue either of them or both of them, but it can only collect the $5,000 once.
- When the attorney assumed the mortgage, he expressly promised to pay it. The lender becomes a third party beneficiary of the attorney's promise to pay and can sue him if the mortgage isn't paid.
- The former landowner became secondarily liable to the lender in case the attorney didn't pay.
Answer:
the answer is C. department store
Answer:
IT is helping the change process
Explanation:
Information technology has revitalized today's business operations. Business models incorporating IT are fast, cost-friendly, and more responsive to market demand.
As business models endeavor to meet the needs of modern customers, IT is helping the process by offering innovative solutions. Emerging business models are anchored on modern IT.
Answer:
Price bundling
Explanation:
Price bundling -
It is the practice of selling a combined package of goods and services at a much lower price , than selling it individually , is known as price bunding .
The practice is beneficial as it increases the sale of goods and services .
For example ,
package of TV channels , new mobile phone with some data plans , getting something free on the purchase of a particular commodity , is an example of bundle pricing .
Hence , the example shown in the question , is about price bundling .
