Answer:
Distinguish between an absolute advantage and a comparative advantage is discussed below.
Explanation:
Absolute advantage and a comparative advantage
- Absolute advantage concentrates on the marginal cost of reproduction of an asset whereas comparative advantage characteristically concentrates on the opportunity cost of production.
- Trading judgments based on comparative advantage between nations are forever respectively advantageous.
Answer:
Value-Added.
Explanation:
A value-added perspective on quality involves a subjective assessment of the efficacy of every step on the process for the customer. A value-added perspective on quality is a strategic business approach in which businesses engage in activities that brings value, benefits or satisfaction to the consumer of its goods and services, to achieve this goal, business managers usually ensures that the manufacturing and distribution process or steps are effective and efficient.
Answer:
Direct, upward sloping
Explanation:
Supply refers to the quantities of goods or services that firms are willing to sell to the markets are a specific price. As per the law of supply, an increase in prices leads to an increase in the quantity supplied. Therefore, the relationship between the price and quantity supplied is direct. Firms prefer to supply more products to the markets at higher prices because they will make more profits.
The supply curve is a graphical presentation of the relationship between price and quantity supplied. The supply curve is upward sloping. It originates from the bottom left corner, showing how quantities vary along the curve at different prices. Quantity supplied increases as the price rise.
Answer:
. C) a drop in the foreign exchange value of the dollar.
Explanation:
An aggregate demand curve can be regarded as a curve that display total spending that is available
domestic goods/services with respect to their price level. the horizontal axis provide the real GDP while price level is displayed by vertical axis. It should be noted that The aggregate demand curve would shift to the right as a result a drop in the foreign exchange value of the dollar.
Answer: Sara must take a break and come back later.
Explanation: Have you ever struggled with hard problem and found that no matter how much you tried to figure it out, the answer just won’t come to you? This is an all-too-common problem for scientists, philosophers, mathematicians, novelists, musicians, and countless intellectuals alike. But as anyone who wrestles with creative/intellectual problems on the regular will tell you, the solution to a tough problem will often come at a time when they are not focused on the problem directly. To the contrary, solutions to problems often come when they are doing completely unrelated, like taking a walk or in the shower. Working for long stretches without breaks leads to stress and exhaustion. Taking breaks refreshes the mind, replenishes your mental resources, and helps you become more creative. Problem-solving may seem straightforward at first glance, but there are many employees who stumble over one or more of the critical steps, failing to successfully resolve workplace issues. Successful problem-solving requires several important skills that will help you proceed efficiently from identification to implementation.
