1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
pentagon [3]
3 years ago
10

A nation has an absolute advantage in the production of a good, if Group of answer choices it can produce that good at a lower o

pportunity cost than its trading partner it can produce that good using fewer resources than its trading partner it can produce that good using more resources than its trading partner it can produce that good at a higher opportunity cost than its trading partner PreviousNext
Business
1 answer:
Leona [35]3 years ago
6 0

Answer: it can produce that good using fewer resources than its trading partner

Explanation:

A country has an absolute advantage in the production of a good when such country can produce the good using fewer resources than another country.

Absolute advantage can be due to the natural endowment of a country. For example, let's say Japan uses 2 hours in producing a good while Brazil uses 5 hours in producing such good. Then, it can be deduced that Japan has an absolute advantage over Brazil.

You might be interested in
Alice and Bob entered into a forward contract some time ago. Alice has the long position, while Bob has the short position. The
mart [117]

Answer:

$ - 1.96

Explanation:

After three months, Alice (long the contract) can buy the underlying by paying the delivery price of $40 which is $2 less than $42 the long position would have to pay if the contract was entered today.

DATA

Delivery price = $40

The three-month risk-free interest rate (with continuous compounding) =8%.

The current forward price = $42

Solution

So based on the present situation, Alice would be in $2 profit at the end of 3 months and Bob would be in $2 loss

Present value of Bob's loss (with continuous compounding) = 2\times e^{-0.08\times 0.25}

Present value of Bob's loss (with continuous compounding) = $1.96

The value of Bob's position is $ - 1.96

6 0
4 years ago
Moses and the hebrews believed that the god given laws that defined a human relationship with other humans
Gnoma [55]

Answer:

true  

Explanation:

What are the ancient Hebrews laws of God called?

The Law of Moses (Hebrew: תֹּורַת מֹשֶׁה Torat Moshe), also called the Mosaic Law, primarily refers to the Torah or the first five books of the Hebrew Bible. Traditionally believed to have been written by Moses

8 0
3 years ago
Western​, Inc. is a technology consulting firm focused on Web site development and integration of Internet business applications
frosja888 [35]

Answer:

Estimated manufacturing overhead rate= $160 per direct labor hour

Explanation:

Giving the following information:

Estimated overhead= $640,000

Estimated direct labor hours= 4,000

To calculate the estimated manufacturing overhead rate we need to use the following formula:

Estimated manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Estimated manufacturing overhead rate= 640,000/4,000

Estimated manufacturing overhead rate= $160 per direct labor hour

8 0
3 years ago
Kenya makes sure that her company uses available technologies to listen to what people are saying. which strategy is kenya using
likoan [24]
Given that <span>Kenya makes sure that her company uses available technologies to listen to what people are saying.

The strategy Kenya is using to respond to negative​ criticism monitor the conversation</span>.
5 0
4 years ago
Choose the term that best matches the description given.
-Dominant- [34]

marketing strategy I believe

5 0
3 years ago
Other questions:
  • "On Saturday, June 30, BD Pool Supplies sold merchandise to E. Luang on account. The sales price was $6,400, and the cost of goo
    15·1 answer
  • In her work at Powered Solutions, Angelica helps business clients identify, organize, and analyze data from social media sources
    5·2 answers
  • As a development requirement for his new job, Sanjit attended a seminar that focused on learning to listen better and giving and
    5·1 answer
  • True or false? fat loading in the days and weeks prior to an event is recommended as a method of enhancing athletic performance.
    12·1 answer
  • Magnolia, Inc., manufactures bedding sets. The budgeted production is for 55,000 comforters this year. Each comforter requires 7
    5·1 answer
  • On March 1, Job 10 had a beginning balance of $500. During March, direct materials of $800 and direct labor of $300 were added t
    6·1 answer
  • On August 20th, one of your employees comes to you with a vacation request. The employee’s available vacation time expires on Se
    12·1 answer
  • ​Nathan's budget line measures tacos on the x​-axis and side salads on the y​-axis. When the price of a taco​ rises, Nathan's bu
    12·1 answer
  • 4-55 A firm expects to install smog control equipment on the exhaust of a gasoline engine. The local smog control district has a
    6·1 answer
  • Governments receiving federal grants and contract funds are expected to have an accounting information system with adequate inte
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!