Answer:
y
beta
Explanation:
A country has comparative advantage in production if it produces at a lower opportunity cost when compared to other countries.
Opportunity cost of country X in producing alpha = 300 / 100 = 3 units of beta
Opportunity cost of country Y in producing alpha = 200 /100 = 2 units of beta
Y has a comparative advantage in the production of alpha
Opportunity cost of country X in producing beta = 100/ 300 = 0.3
Opportunity cost of country Y in producing beta = 100/200 = 0.5
X has a comparative advantage in the production of BETA
alpha 3 2
Answer:
The answer is "15 minutes"
Explanation:
I will approximately spend 15 minutes on prewriting once i have gathered the information needed.
Answer: Budgeting helps to plan, coordinate , delegate responsibility and enhancing clarity in pursuit of an organisation.
Explanation: Every budgets is principally prepared to achieve a set target but there some limitations which makes it difficult for some companies to prepare and follow through with a budgeted plan action. Some of these limitations at any given point in time affect the activities of the organisation. It may be traced to Production capacity, shortage of labour, materials, space, Finance and customer demand. This limitation can at any point in time affect the overall plan of the organisation making it difficult to achieve their set target .
