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malfutka [58]
3 years ago
7

Explain the theory of absolute advantage

Business
1 answer:
galina1969 [7]3 years ago
6 0

Answer:

Explanation: Absolute advantage is when a producer can produce a good or service in greater quantity for the same cost, or the same quantity at a lower cost, than other producers.

Absolute advantage can be the basis for large gains from trade between producers of different goods with different absolute advantages.

By specialization, division of labor, and trade, producers with different absolute advantages can always gain more than producing in isolation.

Absolute advantage is related to comparative advantage, which can open up even more widespread opportunities for the division of labor and gains from trade.

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Nori is writing an essay to analyze an advertisement for a piece of athletic equipment. What elements should he include in order
Anettt [7]

Answer:

2. the advertising techniques used to persuade the viewer. In order to do this, Nori need to determine whether the advertisers using a visual or principle attraction method for this product

4. what tools the advertiser uses to sell the product. This could range from newspaper, billboard, television, or phamplets

5. the purpose of the advertiser's message. Nori need to do this in order to find out the customer segmentation of the product

4 0
2 years ago
Read 2 more answers
Select the correct text in the passage.
tia_tia [17]

Answer:

the answer is the first sentence and the last

Explanation:

6 0
3 years ago
Which is not the application of ahp?
Genrish500 [490]

C. stock market prediction is not the application of ahp.

A stock market forecast is an attempt to determine the future value of a company's stock or other financial instruments traded on a stock exchange. Correctly predicting the future price of stocks can be very profitable.

A stock market forecast is an attempt to predict the future value of individual stocks, particular sectors, markets, or the market as a whole. These forecasts typically use fundamental analysis of companies and economies, technical analysis of charts, or a combination of both.

Learn more about stock market prediction here: brainly.com/question/690070

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7 0
1 year ago
Dell is a product of the Digby company. Digby's sales forecast for Dell is 1856 units. Digby wants to have an extra 10% of units
Mumz [18]

Answer:

Dell's Production After Adjustment will be 2,041 units

Explanation:

According to the given data we have that Dell forecast for sales is 1856 and there considering the 10% reserve first we would need to calculate the number of units after the reserve of 10% as follows:

10% reserve units=0.10×1856=185 units

Therefore, total required units=1,856+185

total required units=2,041 units

Dell's Production After Adjustment will be 2,041 units

5 0
3 years ago
Commenced business with cash of Rs 20,000 and Goods worth Rs 25,000​
nevsk [136]

Explanation:

\sf \green{25000 - 20000 = \longrightarrow 5000}

7 0
2 years ago
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