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o-na [289]
3 years ago
11

Explain why most trade occurs because of comparative advantage. Be sure to provide examples from the data tables or from the les

son to support your answer.
Business
1 answer:
Murljashka [212]3 years ago
4 0

Most trade is due to the comparative advantage of an organization's ability to produce a good or service with lower marginal cost and opportunity cost.

As an example, we can cite trade between Africa and the United States, where Africa markets agricultural products such as corn and citrus to the US, and the US markets technological products such as computers to Africa.

Therefore, companies will use comparative advantage to acquire goods and services at lower prices than other competitors.

Learn more here:

brainly.com/question/7780461

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All of the following are general-purpose financial statements except a.income statement b.cash budget c.statement of stockholder
sveta [45]

Answer:

The correct answer is letter "B": cash budget.

Explanation:

General-purpose financial statements are those reports that can be issued during a period to provide investors and managers relevant information to make decisions on the company's operations. Those reports are the <em>balance sheet, income statement, owner's equity statement, retained earnings, </em>and <em>the cash flow statement. </em>

As its name says, <em>the cash budget is an estimate of the inflows and outflows of a company for a given period. This budget is not a financial statement.</em>

6 0
3 years ago
Refer to the above cost and demand data for a pure monopolist. Suppose that this monopoly is subjected to a regulatory commissio
charle [14.2K]

Answer:

When marginal cost meet with the demand curve

Explanation:

<em>The industry will do the most efficient allocation of resources when the marignal cost met the demand curve. </em>

When that occur the cost of producing an additional unit matches the amount the consumers are willing to pay for it thus, are in equilibrium.

The government will also have to look for the marginal revenue at this point to determinate wheter or not to subsidize the monopoly or not to avoid going bankruptcy

6 0
3 years ago
Larkspur Co. had cost of goods sold of $3,100. If beginning inventory was $3,200 and ending inventory was $1.050. Larkspur's pur
AleksandrR [38]

Answer:

cost of goods purchased= $950

Explanation:

Giving the following information:

Larkspur Co. had cost of goods sold of $3,100.

Beginning inventory was $3,200

Ending inventory was $1,050

<u>To calculate the purchases, we need to use the following formula:</u>

COGS= beginning finished inventory + cost of goods purchased - ending finished inventory

3,100 = 3,200 + cost of goods purchased - 1,050

cost of goods purchased= 950

5 0
4 years ago
Amanda, a florist, is the owner of Flush Inc. She receives a mail from Pluto Corp., a manufacturer of foam products, offering a
bearhunter [10]

Answer:

Sales promotion

Explanation:

From the question we are informed about Amanda, a florist, is the owner of Flush Inc. She receives a mail from Pluto Corp., a manufacturer of foam products, offering a water-soluble foam brick frequently used for arranging fresh flowers. According to the offer, if Amanda places an order with Pluto, she would be automatically registered to win $10,000 in a customer appreciation contest. This is an example of combining direct marketing with Sales promotion.

Direct marketing can be regarded as any marketing which is based on

direct communication as well as direct distribution of products to individual consumers, it's not carried it with help of third party like social media, texting campaigns or mass media.

Sales promotion can be regarded as a process involving persuasion of a potential customer so they can buy a product. Sales promotion is a technique suitable to be used in short-term tactic so that sales can be boosted, and usually target at consumers.

6 0
3 years ago
Thomas Kratzer is the purchasing manager for the headquarters of a large insurance company chain with a central inventory operat
n200080 [17]

Answer:

a. 190 Units

b.95 Units

c. 31.6

d.7.9 Units

e.$1.898

f.$601.898

Explanation:

Please see attachment

4 0
4 years ago
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