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kenny6666 [7]
2 years ago
15

In order for mutually beneficial trade to occur between two otherwise isolated nations, Multiple Choice each nation must face co

nstant costs in the production of the good it exports. each nation must be able to produce at least one good absolutely cheaper than the other. one nation's production must be labor-intensive, while the other nation's production is capital-intensive. each nation must be able to produce at least one good relatively cheaper than the other.
Business
1 answer:
serg [7]2 years ago
6 0

In order for mutually beneficial trade to occur between two otherwise isolated nations, each nation must be able to produce at least one good relatively cheaper than the other.

<h3>What does comparative advantage mean?</h3>

A country has comparative advantage in production if it produces at a lower opportunity cost when compared to other countries. A country should specialise in the production of goods for which it has a comparative advantage. This is when trade can be mutually beneficial .

To learn more about comparative advantage, please check: brainly.com/question/25812820

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Lindsay​ Electronics, a small manufacturer of electronic research​ equipment, has approximately 6 comma 800 items in its invento
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Answer:

97.8 or 98 items

Explanation:

A items:

= Percent of items in inventory × No. of items

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B items:

= Percent of items in inventory × No. of items

= 0.31 × 6,800

= 2,108

C Items:

= Percent of items in inventory × No. of items

= 0.59 × 6,800

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Units to be counted everyday:

=\frac{A\ items}{workings\ days} + \frac{B\ items}{workings\ days} + \frac{C\ items}{workings\ days}

=\frac{680}{22} + \frac{2,108}{61} + \frac{4,012}{124}

      = 30.90 + 34.55 + 32.35

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The correct answer is letter "C" and "D": Benchmarking shows the solutions others have found for common problems; Benchmarking allows companies to review their internal processes in an unbiased fashion.

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Benchmarking is an analysis that companies make of the best performer in their industries. The objective is to compare the techniques and processes to the top entity to find out which practices can be implemented in the firms to improve their efficiency and effectiveness.

<em>For the comparison to be accurate, the firm must make an unbiased study of its current method of operations. Only then, the firm can review which problems it has in common with the top-industry company and how this corporation overcame the issues.</em>

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