Answer:
c. absolute advantage over Kilim.
Explanation:
Ithilium, a European country, is able to produce more electronics than Kilim, a North American country, even though both countries use the same amount of resources. Given this information, it can be deduced that Ithilium has absolute advantage over Kilim.
Comparative advantage refers to when a company produces the same number of outputs with <u>lower opportunity costs </u>while absolute advantage is when a country <u>produces more outputs from less resources</u>.
In the scenario, we are not given opportunity costs and we are not looking at the costs of producing a unit of output but rather how much output a country can get from a given level of resources which is in line with the concept of Absolute Advantage.
.
I believe the answer is Trade-off.
Answer: Opening a regular savings account.
Explanation: This is because she will save more.
A most economists production methods aren’t good
Answer:
This is the comment referred to in the question:
Just got back from Serendipity Rack in Vegas. What a great store! I spent over $350, but I got such bargains. I bought designer shoes and a terrific winter coat that would have cost $350 alone full price. Tell all of your friends!
The answer is that I would respond to the comment.
Explanation:
The customer is giving a positive review to the business, highlighting a positive experience because of the perceived low prices.
As the director for customer service, it would be good to respond to the comment, in a manner that appreciates the customer's positive feelings about the store, and encourages him to visit the store again.
In this way, the customer would not only feel that the store is valuable, but would feel himself valued by the store, something that would likely enhance his loyalty.
