Answer:
<span> 1) If a producer can provide cable service more cheaply than another producer, it is an</span> absolute advantage.<span>
2) If a producer can produce salads while giving up fewer opportunities to make sandwiches than another producer, it is a</span> comparative advantage.
3) If a producer can create more car parts than another producer does, using the same number of resources, the price per unit is cheaper and it is an absolute advantage.
Absolute advantage<span> is the ability of a person, a country, company or region to produce a good or service at a cheaper price per unit than another entity producing the same good or service.</span>
Comparative advantage<span> is the ability of a person, a country, company or region to produce a specific good or service more efficiently (lower opportunity cost) than another entity to produce the same good or service.</span>
Answer:
A. cost-plus regulation
Explanation:
When a local regulator calculates the average cost of production for the public water utility or any other service and allow an adjustment for the normal rate of profit the firm should expect to earn, and then set the price that consumers can be charged accordingly, this is known as cost-plus regulation.
It is usually carried out by the government.
Answer:
Explanation:
1. JH Green, Corporate Personnel Officer - Discretionary cost center
2. Kalya Borodina, Sales Manager, Peru - Revenue center
3. Jay Smith, Chief Executive Office - Investment center
4. Andres Goya, Vice-President, South America - Profit center
5. Irene Chan, Mexico City Plant Manager - Cost center
Based on the information given the account that are affected is:
- $500 decrease in liabilities
- $500 decrease in assets.
<h3>Accounts that are affected</h3>
Assuming the company paid its suppliers the amount of $500 that it owed for the pizza pans they purchased and received in the month of April. Hence, liabilities account will decrease by $500 while the assets account will decrease by $500.
Thus:
- $500 decrease in liabilities
Inconclusion the account that are affected is:$500 decrease in liabilities, $500 decrease in assets.
Learn more about account affected here: brainly.com/question/14279491
