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myrzilka [38]
2 years ago
9

Trade can make everybody better off because it a. increases cooperation among nations. b. allows people to specialize according

to comparative advantage. c. requires some workers in an economy to be retrained. d. reduces competition among domestic companies.
Business
1 answer:
erma4kov [3.2K]2 years ago
5 0

Answer:

b. allows people to specialize according to comparative advantage.

Explanation:

A trade can be defined as the process that typically involves the buying and selling of goods and services between a buyer (consumer) and a seller (producer).

Trade can make everybody better off because it allows people to specialize according to comparative advantage.

This ultimately implies that, trade creates an enabling environment that suits a specific service provider or producer of a particular product.

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The VP of Customer Experience at an international hotel chain is constantly looking for ways to improve customer service, whethe
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Answer:

The correct answer is Points of interaction.

Explanation:

The term touchpoint refers to all the points of contact between the client and a brand “that imply an interaction with a human need, at a specific time and place” (Risdon, 2013).

If there is an interaction then there is also an exchange of value between the individual and the organization. And professionals in Customer Experience have to understand what kind of value flows. We must ensure that the perceived value is greater than the cost.

On the other hand, the fact that an interaction occurs before a specific human need tells us that we must know what drives it. The need is what marks the nature of the interaction. In other words, the design of an experience changes radically depending on the needs involved.

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3 years ago
The long-run aggregate supply curve a. is vertical. b. is a graphical representation of the classical dichotomy. c. indicates mo
Gennadij [26K]

Answer:

The correct answer is option d.

Explanation:

The long-run aggregate supply curve is a vertical straight line. This is because, in the long run, the output level is not affected by price changes. Instead, output level changes with the changes in the state of technology and level of inputs. In the long run, when price level increase, the factor prices or price of inputs will increase as well. So there will be no change in output due to the change in the price level.  

The vertical long-run aggregate supply curve also reflects classical dichotomy that in the long run, when all the resources will be fully employed, an increase in the aggregate demand cause the price level to rise while supply remains constant.

It also indicates that monetary policy only affect the price level, the economic output remains constant.

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3 years ago
The Motorola team that developed the Razr cell phone was a good working team because they agreed on the objectives at hand and o
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False

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<h3>How do I turn on presentation mode?</h3>

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