<span>Absolute advantage is the ability to produce a good or a service at a lower production cost than competitors. Comparative advantage is the ability to produce a good or service at a lower opportunity cost than competitors.
Absolute advantage refers to the ability to produce a good more efficiently than a competitor, which means at a lower cost. Comparative advantage means that, relative to the cost of producing other products, you can produce the good at a lower cost. This is also known as the opportunity cost. </span><span />
Answer:
I, II and III are statements that are correct about non-value-added activities.
Explanation:
Activities that don't exactly add value(s) to a product or service are called non-value-added-activities. Though they are often times dispensable, it does not mean they are not important or necessary. Sometimes they form an inherent part in the design process of the product or service in question. Examples of such activities are filing of product/service documentation, inspecting the product/service, reviewing of the product/service and obtaining approvals. Therefore, non-value-added-activities may be necessary but are most times being performed in an inefficient and improvable manner and can be eliminated without necessarily deteriorating the quality of the product/service, its performance or perceived value.
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Answer:
Notable examples of Korean influence on Japanese culture include the prehistoric migration of Korean peninsular peoples to Japan near the end of Japan's Jōmon period and the introduction of Buddhism to Japan via the Kingdom of Baekje in 538 AD. The terrain is mountainous, which means there is not a lot of good land for farming. Because of the geography, the Japanese relied on the sea for many aspects of daily life. Trade with China and Korea became important to get the resources they needed. One of the major ideas that influenced Japan was Buddhism.
Explanation:
The senate is the upper house of congress
Answer:
<h3>B.</h3>
Explanation:
The city of Jerusalem is sacred to a number of religious traditions, including the Abrahamic religions Judaism, Christianity, and Islam, which consider it a holy city.
