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oee [108]
3 years ago
7

Using the chart, identify an example of absolute advantage for the United States over either Country A or Country B. Be sure to

identify the product and the country. Explain how the availability and use of a natural resource may impact advantage.
Business
1 answer:
bekas [8.4K]3 years ago
3 0

Answer:

Absolute advantage is the advantage that a country has when it can produce a particular good or service at a lower cost than other countries.

Explanation:

The United States, in particular, has absolute advantage in the production of oil. Currently, the U.S. is the largest oil producer in the world, with around 15 million barrels a day.

This advantage occurs because the United States has ample oil deposits, both conventional and non-conventional (non-conventional deposits are those that can only be exploited through fracking), and also because the U.S. has the technical capacity, both in terms of infrastructure and human capital, to exploit those oil deposits in a satisfactory manner, and more importantly, in a more efficient and cheaper way than most other countries in the world.

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Beyond Space Aeronautics is developing a profit-sharing plan. Ben, the human resource manager, assumes the employees are excited
Nonamiya [84]

Answer:

The answer is D. Understanding that pay is not everything that employees are after and that there are several other means to keep them motivated.

Explanation:

Now lets take a closer look at it.

Option A is not going to work. Shutting down the basic communication system will render the organization members unable to cooperate with each other during their work and will make the matters even worse!

Option B is ridiculous. You remove employees just because you are suspicious of them to spread rumors? This will start other employees to doubt their own job security!

Option C is not going to work. You can tell them that rumors are against the company policy, but will they stop it just because of it?

Option E is somewhat acceptable. yet comparing with the option D, its not that much suitable. If the employees are already in doubt, it is unlikely that this option will work.

So, if option D is working, what are the non financial incentive that we can use to motivate our employees?

  1. Job Enrichment: Enrich their jobs with more responsibilities and by giving them more powers.
  2. Job Rotation: Employees get bored if they do the same work for a long period of time, changing the nature of the job they do is a good option in this case.
  3. Offer them leadership opportunities to develop in their career
  4. Recognize their contributions and efforts and appreciate them.
  5. Give your employees more autonomy and freedom
4 0
3 years ago
During the first week of October, the workers at Walton's Widget Factory produced the following outputs: on Monday, 10 workers p
EleoNora [17]

Answer:

The average product of labor per day is 324

Explanation:

To find the average product of labor per day we need to know the total number of widgets produced divided by the worked days.

Average Product= total number of widgets /days

Monday, 10=250 widgets

Tuesday, 11=286 widgets

Wednesday, 13 =364 widgets

Thursday, 14 workers= 396 widgets

Friday, 12 workers=324 widgets

TOTAL WIDGETS= 250+286+364+396+324=1620

Days= 5 days

Average Product= 1620/5=324

8 0
4 years ago
Jacob Co. sells merchandise on credit to Isaiah Co. for $8,600. The invoice is dated on May 1 with terms of 1/15, net 45. What i
Kryger [21]

Answer:

The discount is for $86

It will be available until May 16th

Explanation:

the credit terms are 1/15, net 45

the first numebr is the discount amount, 1%

the second number is the days after billing this discount option is active, 15

net 45 means the customer can pay the nominal 8,600 within a 45 days period. After that it should renegociate the bill

The discount will be 8,600 x 1% = 8,600 x 0.01 = 86

It will be available up to 15 days after billing:

May 1st + 15 days = May 16th

4 0
3 years ago
What is a budget? Why is it important to a human services organization?
ArbitrLikvidat [17]
A budget is <span>an estimate of income and expenditure for a set period of time. The reason that it is important to a human services organization is to see how well you spend your money, how mature you are with the money you get, do you spend it on stupid expensive stuff when you see that other stuff is cheaper. They just want to see how well you keep track of your money and how mature you are with it!! Hope this helped</span>
3 0
3 years ago
In 2008​, Elizabeth purchased a house for $ 155 comma 000 to use as her personal residence. She paid $ 31 comma 000 and borrowed
Zolol [24]

Answer:

$168,900

Explanation:

Basis for the house is the total of the initial cost + Cost of adding a room + Cost of the house paint + Cost of built-in bookshelves

= 155,000 + 11,000 + 1400 + 1500

= $168,900

6 0
4 years ago
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