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monitta
3 years ago
8

The theory of comparative advantage shows that the gains from international trade do not just result from the absolute advantage

of producing at lower cost, but also from pursuing comparative advantage and producing at a lower ________________. Group of answer choices
Business
1 answer:
Tema [17]3 years ago
6 0

Answer:

Opportunity cost

Explanation:

The theory of comparative advantage represent that if there is any benefit from the international trade so it does not only show the absolute advantage at lesser cost but it also represent the comparative advantage and generating at a  lesser opportunity cost as the theory of comparative advantage says that the product and services should be produced at lower opportunity cost

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In September, Jeanette Company purchased materials costing $34,400 and incurred direct labor cost of $22,100. Manufacturing over
DedPeter [7]

Answer:

a. $34,900

Explanation:

The computation of the cost of direct material used is shown below:

= Opening balance of raw material + purchased materials - ending balance of raw material

= $10,300 + $34,400 - $9,800

= $34,900

Hence, the correct option is a.

7 0
3 years ago
Which organization does not provide free or loss cost training and counseling associated with the Small Business Association
xeze [42]

The organization that does not provide free or loss cost training and counseling associated with the Small Business Association is IBRD.

<h3>What is Small Business Association?</h3>

A Small Business Association are agencies that provides resources (like capital, skill, advice) to small businesses for innovation, growth etc

SCORE, VBOC and WBC are all agencies that provide free mentoring services, free training, loss-cost training, counseling etc

Hence, the organization that does not provide free or loss cost training and counseling associated with the Small Business Association is IBRD

Therefore, the Option A is correct.

Read more about Small Business Association

<em>brainly.com/question/2072884</em>

6 0
3 years ago
Which of the following are the three major categories of resources?
geniusboy [140]

Answer:

E. Natural resources, Physical capital and Human capital

Explanation:

The above are the three major categories of resources because natural resources such as air, water etc are given by nature thus essential and constitute an important part of resources. Also, physical capital such as buildings, assets, motor vehicles etc are owned by a business or an organization to carryout daily business activities hence one of the major categories of resources.

Human capital is responsible for employing people to manage and control the natural resources and physical capital.

4 0
3 years ago
A deep sea diving bell is being lowered at a constant rate. After 12 ​minutes, the bell is at a depth of 400 ft. After 50 minute
ella [17]

Answer: After 50 minutes the bell is at a depth of 2000 ft so we can find the average rate by

2000/50 =40 ft per minute.

We ignore the 400 ft in 12 minutes because that is included when we take out the average at 50 minutes and adding it in would be an error of doubly entry.

Explanation:

6 0
3 years ago
How does human capital increase throughout a career?
PSYCHO15rus [73]

Human capital increase throughout a career because related jobs develop skills for a specific field of work. Humans can develop skills and gain knowledge through the field of work and improve these skills, if they have the passion to develop it.

8 0
3 years ago
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