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san4es73 [151]
3 years ago
13

Q. A country's comparative advantage in the extraction of commodities most likely stems from its: A. high labour to capital rati

o. B. large amount of natural resources. C. specialisation in capital intensive products.​
Business
1 answer:
Andru [333]3 years ago
4 0

Answer:

B. large amount of natural resources

Explanation:

Comparative advantage is a country's ability to produce a product or service for a lower opportunity cost than rival countries.  Opportunity costs are the benefits given up in the extraction process. If a  country has a large amount of natural resources, it will use fewer resources in the extraction process than other countries. The trade-off costs will be so little compared to the benefits.

Other countries will find it cheaper to import from a country with large natural resources. For example, oil-rich nations have a comparative advantage in the extraction and processing of oil and oil by-products.

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Banko Inc. manufactures sporting goods. The following information applies to a machine purchased on January 1, Year 1: Purchase
ioda

Answer: See Explanation

Explanation:

You didn't give the methods to use but let me use 2 main methods.

First, let's use the Straight line Depreciation. This will be:

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Secondly, let's use the double declining method of Depreciation will be:

= 1/5 × 2

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= 0.4

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Year 2 Depreciation will be:

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Answer:

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Correct Option is B (Rapid Prototyping)

Rapid Prototyping is a technique which is used to test a new technology or hypothesis by giving it to the customer. Customer then use the product and provide feedback. From the customer feedback, changes are made according to the requirement and the feedback provided by the customer.

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Bob manages a grocery store in a country experiencing a high rate of inflation. To keep up with inflation, he spends a lot of ti
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