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LenKa [72]
2 years ago
5

Comparative advantage can be measured by:

Business
1 answer:
grigory [225]2 years ago
7 0

Answer: To determine comparative advantage you have to calculate per unit opportunity cost using the formula give up/gain (the amount of good you are giving up divided by the amount of good you are gaining). Once you have calculated per unit opportunity cost, the country with the lowest one has a comparative advantage

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When the LRAC curve has a clear minimum point, then
ladessa [460]

Answer:

The correct answer is a. any firm producing a different quantity will have higher costs .

Explanation:

The LRAC curve determines the relationship between everything assumed by production in order to produce a certain quantity of goods. In this case, when a minimum point is presented, every producing entity will have an increase in costs, because this situation determines an inverse relationship between the two variables studied. in case the fund is flat, it is understood that the company is capable of competing in the market.

4 0
3 years ago
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Assembly department of Zahra Technologies had 200 units as work in process at the beginning of the month. These units were 45% c
Tomtit [17]

Answer:

Total equivalent units of material  = 900

Explanation:

<em>Equivalent units are notional whole units which represent incomplete works are used to allocate cost to work in progress and completed units</em>

<em>Under the weighted average method of valuation, to account for completed units, it is assumed that the entire degree of work required is done in the period under consideration. So there is no separation of the completed units into opening inventory and fully worked. </em>

Equivalent unit = Degree of completion × units

Item                           units                                    Equivalent units

Completed units        600         100% × 600  =     600

Closing inventory        300        100%× 300  =      <u>300</u>

Total equivalent units of material                          <u>900</u>

Note simply because materials are added at the beginning of the process, it is assumed that all the quantity required would have been added. Hence the degree of completion for materials is 100% .

8 0
3 years ago
Prompt: Write an e-mail to a government or school official in which you propose an effective solution to a problem in your commu
Irina18 [472]

Answer: how to solve a important problem within your school or govorment,your audience is the school official,  and the problem is to complain about a problem

Explanation:

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3 years ago
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What would you predict if you had first mixed the catalase (100%) in serial solutions of varying phs of 3, 5, 7, 9, 11? what wou
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<span>The optium pH level would be an average of these pHs, which is 7. 7 is also the mean, but the solutions of varying pH would eventually neutralize to 7.</span>
5 0
3 years ago
True or False: Equality refers to how the pie is divided, and efficiency refers to the size of the economic pie.
SIZIF [17.4K]

Answer:

The correct answer is True.

Explanation:

Economic efficiency is the efficiency with which an economic system uses productive resources to meet its needs. According to Todaro the concept means in matters of "production, use the factors of production in combinations of lower cost, in consumption, allocation of expenses that maximize consumer satisfaction (utility)".

Economic or income equality, social equality and cultural equality would be achieved if economic, social and cultural rights - second generation human rights - are fulfilled. Equity or equal resources is essential both to fully exercise civil and political rights and to have a decent life.

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3 years ago
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