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3 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

Desmond told his two friends, Marley and Brianna, that he was awarded a $10,000 grant for college if he becomes a math or scienc

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<span>A. Marley is correct because a grant is like a gift and he can still get scholarships or loans to pay for the rest of his expenses.
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3 years ago

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The following transactions occurred during March 2016 for the Wainwright Corporation. The company owns and operates a wholesale

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Answer:

1. Financing Activity : $300,000

2.Investing Activity : $10,000 and Non-cash Financing and Investing Activity : $30,000

3.Operating Activity : - $90,000

4.Operating Activity : $50,000

5.Operating Activity : -$5,000

6.Operating Activity : -$6,000

7.Operating Activity : -$70,000

8.Operating Activity : $55,000

9.Operating Activity : $1,000

Explanation:

Operating Activities involves the entity`s trading operation in ordinary course of business.

Investing Activities involves the entity`s sale or purchase of Investments.

Financing Activities involves the entity`s acquisition and sale of funds.

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A broker is an agent who: A. Trades on the floor of an exchange for himself or herself. B. Offers new securities for sale to dea

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Specializes in bringing buyers and sellers together.

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