Answer:
Will specializes in producing corns.
Explanation:
The law of comparative advantage dictates that a country should only produce that good, in which its opportunity cost is lowest among its trade partner countries. In this way, that country will specialize in the way in producing that thing. In the long run, due to the specialization, the productivity level of that country will increase which might be inform of more skilled labor or the development of new technologies that increase the production output. The increased productivity due to specialization leads to the increased output for that nation.
In case of corn, the country might specialize in producing corn, and might develop more skilled labor and more value added products from corn to increase the economic output of the country.
Answer:
The correct answer to the given question is Relevant range.
Explanation:
Relevant range , in accounting , can be defined as that amount of activity or range of volume where company's fixed expenses would not differ as the volume of activity changes. This term has relevance with the fixed cost, as if a company's volume decreases then company would try to decrease their fixed cost and similarly if the volume increases the company's fixed expenses would also increase.
Hugo Munsterberg believed that psychologists can contribute to industry by devising management strategies to influence employees to follow management's interests.
<span>According Munsterberg psychologists can study jobs and determine which people are best suited to specific jobs and can identify the psychological conditions under which employees do their best work. </span>
Answer:
The answer is C. international trade
Explanation:
International trade is the exchange of goods and services between countries.
Answer:
Answer for the question.
Sultan Company uses an activity-based costing system. At the beginning of the year, the company made the following estimates of cost and activity for its five activity cost pools:Activity Cost Pool Activity Measure Expected Overhead Cost Expected ActivityLabor-related Direct labor-hours $254,800 36,400 DLHsPurchase orders Number of orders $8,785 251 ordersParts management Number of part types $72,680 92 part typesBoard etching Number of boards $54,900 1,830 boardsGeneral factory Machine-hours $170,000 17,000 MHsRequired:Compute the activity rate for each of the activity cost pools.
is given in the attachment.
Explanation:
