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Oduvanchick [21]
2 years ago
14

One poor country produces nearly 97% of the quinoa consumed around the world, and most of it is sold to wealthy nations. Althoug

h there are other areas where the seed will grow, the majority of the quinoa sold is imported from this area. This country has a(n) __________ in the production of quinoa.
Business
1 answer:
Mariana [72]2 years ago
3 0

The poor country has an absolute advantage in the production of quinoa.

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

A country has absolute advantage in the production of a good or service if it produces more quantity of a good when compared to other countries who produce the good.

For example, if a country produces 97% of a good, it means it produces majority of the good. This indicates that the country has absolute advantage in the production of the good.

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

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Harley-Davidson motorcycle owners, who pay a price premium for their motorbikes, have formed the Harley Owners Group (HOGs), who
Elan Coil [88]

Answer:

A) Functional and social value

Explanation:

Seeing the benefit that customers attribute to products is a marketing strategy to optimize sales and establish a brand that customers identify with. In this case, motorcyclists experience functional benefit and social benefit.

The functional benefit concerns the essential characteristics of the product, such as physical characteristics that please the consumer (eg the motorcycle scooter design). The social benefit is associated with the pleasure that the customer gets when purchasing the product. This is an individual benefit for each consumer, however, is an extrinsic advantage attributed to the product. For example, the status that the motorcycle brings to its owner.

5 0
2 years ago
You want to start your own consulting business and believe it could produce cash flows of $5,600, $48,200, and $125,000 at the e
Inessa05 [86]

Answer:

This business idea worth $430,127 today

Explanation:

Today value of the future cash flows can be calculated by discounting the cash flows on the given discount rate. It is called the present value and sum of present value of all cash flows is called Net present value.

We use following format to calculate NPV for the given business idea

Years                                     1                  2                  3

Cash Flows                      $5,600       $48,200      $125,000

Sale Proceeds                                                         $450,000

Net Cash Flows               $5,600       $48,200      $575,000

Discount Factor    14%    0.8772        0.7695        0.6750

Present values                 $4,912.32   $37,089.9    $388,125

Net present value of business idea = $4,912.32 + $37,089.9 + $388,125

NPV = 430,127.22

3 0
2 years ago
The Human Development Index (HDI)) includes _____, but GDP per capita does not. Both measurements can be used to measure the sta
lesantik [10]
HDI includes life expectancy, education and per capita income indicator, which is a measurement that is used to rank countries, therefore suggesting that when the lifespan of the country is high the country's score of HDI is also high and thus the education level is high and the GDP per capita is also high as well. 
8 0
3 years ago
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What was one effect of the budget limitations that ronald reagan placed on selected agencies?
Rainbow [258]
They created efficiencies that streamlined government.

5 0
2 years ago
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How do you know, as a consumer shopping for a product, whether goods are in
Aloiza [94]

Answer:

Prices act as a signal that tells producers and consumers how to adjust. Prices tell buyers and sellers whether goods are in short supply or readily available. The price system is flexible and free, and it allows for a wide diversity of goods and services.

Explanation:

5 0
2 years ago
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