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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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Im not sure what you mean by that? be specific please and i will be sure to help ;)
6 0
3 years ago
Selling goods only at certain predetermined prices that reflect definite price breaks is called .
Firlakuza [10]

selling goods only at certain predetermined prices that reflect definite price breaks is called Price lining

Price lining, also known as product line pricing, is a marketing tactic where a company charges for its products in accordance with its quality, features, or other characteristics to set them apart from competing ones.

Price line, to put it simply, is the practice of placing comparable products in various price ranges, each of which differs significantly in terms of the characteristics or qualities it offers. These brackets typically have lower starting prices and higher price points.

Despite having "price" in its name, price lining is a marketing tactic. The major goal of this strategy is to increase sales and audience size by making the offering more appealing to a wider range of consumers.

Apple, a company that makes smartphones, is a good illustration of price lining in action. Apple offers its iPhone lineup in a range of price points, with each model differing mainly in the small number of extra features that are added to the more expensive ones. Instead of solely selling expensive iPhones, Apple now offers a variety of models to appeal to customers with varying levels of purchasing power, which helps them grow sales.

To know more about price lining

brainly.com/question/7250116

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8 0
1 year ago
A production facility employs 10 workers on the day shift, 8 workers on the swing shift, and 6 workers on the graveyard shift. A
prisoha [69]

Answer:

The answer is below

Explanation:

A What is the probability that all 4 selected workers will be the day shift?

B What is the probability that all 4 selected workers will be the same shift?

C What is the probability that at least two different shifts will be represented among the selected workers.

A)

The total number of workers = 10 + 8 + 6 = 24

The probability that all 4 selected workers will be the day shift is given as:

P_a=\frac{C(10,4)}{C(24,4)}= \frac{210}{10626}=0.0198

C(n,r)=\frac{n!}{(n-r)!r!}

B) The probability that all 4 selected workers will be the same shift (P_B) = probability that all 4 selected workers will be the day shift + probability that all 4 selected workers will be the swing shift + probability that all 4 selected workers will be the graveyard shift.

Hence:

P_B=\frac{C(10,4)}{C(24,4)}+\frac{C(8,4)}{C(24,4)}+\frac{C(6,4)}{C(24,4)}=0.0198+0.0066+0.0014=0.0278

C) The probability that at least two different shifts will be represented among the selected workers (P_C)= 1 - the probability that all 4 selected workers will be the same shift(P_B)

P_C=1-P_B\\\\P_C=1-0.0278\\\\P_C=0.972

7 0
3 years ago
Enron and Tyco failed primarily because they______.
faltersainse [42]

The correct answer is D. manipulated accounting Procedures.

3 0
2 years ago
You are comparing three securities and discover they all have identical Treynor ratios. Given this information, which one of the
Ede4ka [16]

Answer: The correct answer is "D. They earn identical rewards per unit of systematic risk.".

Explanation: If you are comparing 3 values and by calculating, find that they all have the same Treynor ratio means that they earn identical rewards per unit of systematic risk.

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