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scoray [572]
2 years ago
11

The phrase gains from trade refers to the: increase in total output that is realized when individuals specialize in particular t

asks and trade with each other. profits obtained from sales of a good or service. gains that one obtained by taking advantage of an uninformed buyer and selling at a higher than average price. gains that one obtains by taking advantage of a temporary discount, or sale price.
Business
1 answer:
Nana76 [90]2 years ago
7 0

Answer:

increase in total output that is realized when individuals specialize in particular tasks and trade with each other.

Explanation:

gains from trade in economics can be regarded as net benefits that an

economic agents derived as a result of of voluntary trading between the agents, it can be also regarded as high change in lower tariffs of consumer and producer surplus. It should be noted The phrase gains from trade refers to increase in total output that is realized when individuals specialize in particular tasks and trade with each other.

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Jackie is often surprised when she goes to other countries to learn that people do business so differently. For instance, in mee
DochEvi [55]

Answer:

Self reference criterion ( C )

Explanation:

The cultural differences seem strange to Jackie because she is relying on her self reference criterion

self reference criterion is the influence one's  culture will have on the person when the person is exposed to a situation that is suppose to portray the culture the person is used to, but the situation portrays a different culture, hence based on her cultural values and experience she believes that  small talks makes the meeting unnecessarily long

8 0
3 years ago
Alan's employer maintains a long-term disability income plan on which it pays all premiums. Last year, Alan received $40,000 in
Margarita [4]

Answer:

$40,000

Explanation:

If Alan had paid the disability insurance himself, then disability income would not be taxable. But since Alan's employer paid the disability insurance premiums, then any disability payments that Alan received must be included in his gross income and are taxable.

6 0
3 years ago
A 25-year old client with a low risk tolerance wishes to invest in bonds. The client has invested in equities before, but has no
Gnesinka [82]

Answer: C. AA-rated short-term bonds

Explanation:

It was stated that the client has a low risk tolerance. Therefore, to reduce the credit risk, investment grade bonds are appropriate (BBB or higher). To reduce the interest rate risk, short-term maturities will be preferable to long-term maturities. Both of these factors will result in a safer bond investment.

7 0
3 years ago
Accounts receivable in an existing business:
Artemon [7]

Answer:

The correct answer is letter "A": are rarely worth their face value.

Explanation:

Accounts receivables are notes issued to customers after selling them a product or rendering services on credit. The repayment term may vary from 30, 60 or 90 days. If an account receivable is not paid after that period it could be considered as an uncollectible account which implies the company will incur losses.

<em>Accounts receivable are hardly ever accepted at face value (real value of the moment of the purchase) because companies add the interest rate that is to be charged for the sale on the account.</em>

4 0
3 years ago
For businesses and organizations under recent compliance laws, data classification standards typically include private, confiden
Digiron [165]

Answer:

True

Explanation:

Businesses and organizations have their data regulated under recent compliance laws, and under these regulations data can be classified as private, confindential, interal use only, and public domain.

An example of public domain information is financial statements, especially if the corporation is public and trades shares in the market.

Lots of information have restricted access though, sometimes being only available to all the employees of the firm (interal use only), or a minority of them (confidential and private).

3 0
3 years ago
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