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2 years ago

Individuals and countries specialize because the opportunity cost of producing goods and services: Multiple choice question.

1 answer:

4 0

Individuals, corporations, and economies specialize because the opportunity cost of producing goods and services differs from country to country, business to business, and individual to individual.

Persons, Corporations, and Economies are bound to specialize in the production of goods and or services in which they hold a stronger comparative advantage than their competition.

<h3>What is comparative advantage?</h3>

This is defined as the ability of an individual, corporate entity, or national to perform an economic activity more efficiently or at a lower (opportunity cost) than the other.

Examples of economic activities are:

Resource management
production of services and goods
distribution of services and goods
consumption of services and goods

See the link below to learn more:

brainly.com/question/7045530

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3 years ago

Aberwald Corporation expects to sell 90,000 bags of lawn fertilizer annually. The optimal safety stock (which is on hand initial

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Answer:

Annual demand (U) = 90.000 bags

Cost of each bag = $1.50

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$EOQ = \sqrt{\frac{2UO}{C}}$

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Part C)

Average inventory = Maximum inventory + Minimum or Safety /2

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Part D)

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3 years ago

Product-oriented layout is characterized by high demand for the same or similar products. Another name for this layout is

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Answer:

Repetitive layout

Explanation:

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2 years ago

Context content and culture are

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Complete Question:

Context, content and culture are:

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Answer:

Context, content and culture are:

O Three dimensions of evaluating corporate gifts.

Explanation:

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