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ollegr [7]
2 years ago
7

If Country B can produce beans at a lower opportunity cost than Country A, then Country B has a(n) _____________ over Country A

in the production of beans.
a) great natural and human resources.
b) large stock of capital.
c) absolute advantage.
d) comparative advantage.
Business
1 answer:
Aleonysh [2.5K]2 years ago
6 0
C I took the quiz already
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Holly’s Candle Shop sells scented candles. The shop offers hundreds of different types of candles, but they are all priced at ei
ANTONII [103]

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C) price lining

Explanation:

Based on the information provided within the question it can be said that Holly’s Candle Shop appears to be using price lining. This refers to a business decision in which a range of products from the same product line are priced differently depending on the difference in quality. Which is most likely the case in Holly's store since she sells only candles but the higher quality candles are priced at $10 while the lowest quality ones are priced at $6.

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The following selected transactions were completed by Fasteners Inc. Co., a supplier of buttons and zippers for clothing:
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<u>Solution and Explanation:</u>

The following journal entries will be passed in the book sof fasteners Inc., Co., which is a supplier of buttons and zippers for clothing

Date        Accounts Titles and Explanation  Post Ref    Debit  Credit

1 Nov-21  Notes receivable                                      $ 72,000  

      Accounts receivable-McKenna Outer Wear Co.        $ 72,000

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Note: the figures have been calculated and rounded off in the nearest dollar amount.

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