Answer:
the production budget
I think that's the answer
Answer:
True is the correct answer.
Explanation:
Answer:
If a nation has an absolute advantage in the production of a good:
a. it can produce that good at a lower opportunity cost than its trading partner.
Explanation:
Absolute Advantage:
In production, the absolute advantage is defined as the capacity of a company or a business or a nation to produce such products that are of good quality in comparison with its competitors while utilizing the same resources (money, time) as its competitors.
- So in this case, the option a is correct because if a nation has absolute advantage in the production then it can produce that good at low opportunity cost than its trading cost. as compared to its competitors.
- The option b is not valid as in absolute advantage in production the quality is better but the resources remain same.
- The option c is not valid as it doesn't have to restrict imports of the good to get the benefit as that good have good quality in comparison with the competitors.
- The option d is not correct as absolute advantage in production make the nation already special in the production.
The U.S. Bureau of labor statistics gather information with regard to the typical consumption choices of Americans through, Consumer Expenditure Survey. This is the survey that collects information on the buying habits of the American consumers. The surveyors collect data on expenditures, income and consumer unit characteristics.
Answer:
The answer is by charging lower price on remaining three ticket (any ticket price above $0)
Explanation:
As company is not giving any refreshment so it not incurring any variable cost. So here sales is equal to contibution and every single dollar revenue generated is a contribtion towards fixed cost and targeted profit. So by decreasing sale price on remaining tickets company will be able to sell them and this sale will result in more profit to the company.