What is the benefit in reaching the absolute advantage in the production of one good?
Oto produce more units of a good than other countries
to produce fewer units of a good than other countries
Oto produce more units of a good while using fewer resources
Oto produce fewer units of a good while using fewer resources

Answers

Answer 1

The benefit in reaching the absolute advantage in the production of one good to produce more units of a good than other countries. Option A is correct.

What is the absolute advantage?

The ability of a party to produce a good or service more efficiently than its rivals is the foundation of the principle of absolute advantage. This idea or principle was first introduced in 1776 while covering international trade and using labor as the sole input.

Therefore, option A is correct.

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Related Questions

operations management course concept​

Answers

The operations management course concept refers to the systematic design, direction, and control of the processes that transform inputs such as raw materials, energy, and labor into outputs such as goods and services that satisfy customer needs.

This management process includes inventory management, scheduling, supply chain management, quality control, and more. The goal of operations management is to create efficient processes that maximize productivity while minimizing costs.

Students taking an operations management course learn about these concepts and how to apply them to real-world situations in various industries. They also study topics like process design, project management, lean principles, and decision-making models.

The course is usually offered as a part of business administration, engineering, or industrial technology programs. Graduates of the course may go on to careers as operations managers, logistics managers, supply chain analysts, process improvement specialists, or manufacturing engineers, depending on their areas of focus and interests.

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if your purchases of toothpaste remain constant at 9 units per year when the price of shampoo increases from $8 to $12, all other things equal, for you, shoes and shirts are goods. group of answer choices a. inferior b. unrelated c. substitute d. complementary

Answers

If your purchases of toothpaste remain constant at 9 units per year when the price of shampoo increases from $8 to $12, then, shoes and shirts are Unrelated goods.

b. Unrelated

What are Unrelated goods?

Unrelated goods can be described as goods that have no corresponding effect on each other. This often means that the price of one of such goods does not affect the other in any way.

This is seen in the description above, where the shirts and shoes are paired. These two goods are unrelated because the increase in the price of one has no direct bearing on the price and sales volume of the other.

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Someone who is applying for a loan from a bank can expect the bank to: O A. investigate the person's parents to see if they were financially responsible B. demand that the person close all of his or her accounts at competing banks C. request proof that the person who graduated from a good college. D. check the person's credit history to make sure he or she pays debts on time, SU​

Answers

Answer:D

Explanation:

Just got it right on A P E X

accurate statement regarding premiums and deductibles?

Answers

A premium is the quantity of money paid to an insurance company by a person or company in order to purchase or maintain an insurance policy.

A deductible is the amount of money that an individual or corporation must pay out of pocket before their insurance coverage begins to pay for a claim.

A greater deductible usually results in a lower premium, while a lower deductible usually results in a higher premium. The decision between a greater or lower deductible and premium is determined by an individual's or business's financial status and risk tolerance.

As a result, the significance of the regarding premiums and deductibles are the aforementioned.

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Compute ending inventory and cost of goods​ sold, using each of the following​ methods: Specific unit​ cost, assuming two ​$58 units and four ​$68 units are on​ hand; Average cost​ (round average unit cost to the nearest​ cent); ​ First-in, first-out; and​ Last-in, first-out.

Compute ending inventory and cost of goods sold, using each of the following methods: Specific unit cost,

Answers

Compute ending inventory and cost of goods​ sold-----------. The ending inventory and cost of goods​ sold, $8,800 and $12,200.

What is an inventory?

An inventory refers to a detailed list of items, goods, or materials that a company or organization holds in stock or has available for sale. The purpose of an inventory is to keep track of what goods are on hand, how much of each item is available, and where the items are located.

The inventory is an important component of managing a company's operations, as it can impact a company's profitability and customer satisfaction.

In the above case. The ending inventory and cost of goods​ sold, $8,800 and $12,200.

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Blank and blank is another word for networking

Answers

"Socializing" and "Connecting" are other words that can be used to describe networking.

Do you think it’s better to take out a loan to fund a business or seek out an investor?

Answers

Answer:is better to take out a loan

Explanation:

What will most likely cause a lender to deny credit?
OA short credit history with high balances
O Possession of two credit cards
OA small amount of debt owed
OA historic credit score of 300

Answers

Answer:

A historic credit score of 300

Explanation:

A credit score is a numeric record that expresses the reliability of a borrower to repay loans. The credit score or credit rating is determined by, among other things, credit history, income level, and the individual's income to debt ratio.

Credit scores range between 300 and 850. 300 is the lowest and the poorest score. A score of 300 indicates that the borrower has a bad history of debt repayment. They are always late on repayments,  miss on installments, or have defaulted on loans. Lenders consider such persons as high-risk borrowers and are likely to deny them credit facilities.

true or false. Indemnification is protection for owners and officers of a corporation against personal liability, so long as they are acting in their official capacity and reasonably?

Answers

Answer:

true

Explanation:

I've had this question

The US Senate overwhelmingly passed the 2022 Defense Authorization Act. The $768 billion "Defense Authorization Act" not only exceeds the defense spending proposed by the Biden administration by $25 billion, but also increases the US defense budget by about 5% compared to last year.

Answers

The US Senate passed the 2022 Defense Authorization Act, a $768 billion bill that surpasses the Biden administration's defense spending proposal by $25 billion and represents a 5% increase in the US defense budget compared to the previous year.

1. The US Senate passed the 2022 Defense Authorization Act.

2. The Defense Authorization Act is a bill that determines the budget and expenditures for the US defense sector.

3. The total amount allocated for the Defense Authorization Act is $768 billion.

4. The defense spending proposed by the Biden administration was exceeded by $25 billion in this Act.

5. The Act represents a 5% increase in the US defense budget when compared to the previous year.

6. This increase in the defense budget indicates a commitment to strengthening the country's defense capabilities.

7. The Act was passed overwhelmingly, indicating strong support from the Senate.

8. The Defense Authorization Act is an essential piece of legislation that ensures the funding and resources necessary for the US military to carry out its operations effectively.

9. The Act covers various aspects of defense spending, including military personnel, equipment, research and development, and strategic initiatives.

10. By passing the Defense Authorization Act, the US Senate has demonstrated its commitment to national security and defense preparedness.

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Both Jarek and Kalene produce scarves and rings. However, Kalene is better at producing both goods. In this case, trade could :___________
a) benefit both Kalene and Jarek. b) benefit Kalene, but not Jarek, c) benefit Jarek, but not Kalene.
d) " benefit neither Kalene nor Jarek.

Answers

Answer:

The answer is Benfit both kalene and jarek

Explanation:

It can help them both out in ways.

-Justin:)

The money supply represents the amount of money the Federal Reserve Bank makes available for people to buy goods a
True or false

Answers

Answer:

True

Explanation:

The federal reserve ensures that the bank has enough money by the end of the night in case anyone needs money so that the market crash problem in the 1920s won’t happen again

Gains on the sale of long-term assets are:
A. added to operating activities.
B. added to investing activities.
C. added to financing activities.
D. subtracted from operating activities.

Answers

Gains on the sale of long-term assets are added to investing activities. Therefore, option B is correct.

When a long-term asset is sold at a gain, the cash received from the sale is classified as a cash inflow in the investing activities section. This section of the statement of cash flows includes transactions related to the sale of long-term assets, such as property, plant, and equipment, and investments in other companies.

Gains on the sale of long-term assets are considered investment-related gains and are included in this section to provide a comprehensive view of the organization's investing activities.

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Sustainability and ERP (Enterprise resource planning) systems are helping companies track their energy consumption. SAP and Walmart are not only teaming up for the implementation of the retail giant’s financial software, but they are also promoting a unified front on sustainability—focusing on reducing pollution while increasing profits—through the use of ERP software. Many SAP customers have cut energy usage; for example, 7-Eleven reduced its cooling energy usage by 12 percent, Dannon cut its fuel costs by 22 percent with better management of its transportation system, all through the use of enhanced information from their ERP system. Companies can use the software to track and report on their energy consumption; however, in order to make changes, a company must determine the baseline of its energy consumption. For instance, Walmart was surprised to find that only 8 percent of its carbon footprint was under the direct control of the company, the remaining 92 percent was in the company’s supply chain. Since 85 percent of Walmart’s suppliers run SAP, Walmart saw an opportunity to encourage energy savings on the part of the companies that supply the Walmart stores. SAP sustainability software application allows Walmart and its suppliers to track their energy usage, emissions, and consumption of other natural resources.

Answers

Answer:

SCM by kashif shafiq? :D

Explanation:

Question 5 Shop A charges $275.00 for an oil change and has a gross oil profit percent of 39.1% for its total oil gross profit 96. Shop B charges $275.00 for an oil change and has a gross oil profit percent of 28.4% for its total oil gross profit . Both shops pay $21.25 per gallon of oil. What is the Profit per Lube for Shop B?​

Answers

To calculate the Profit per Lube for Shop B, we need to determine the total profit made from each oil change and then divide it by the amount of oil used.

First, we need to find the total oil gross profit for Shop B. We know that Shop B charges $275.00 for an oil change and has a gross oil profit percent of 28.4%. This means the gross oil profit is calculated as a percentage of the total price.

Gross oil profit for Shop B = 28.4% of $275.00

                                = (28.4/100) * $275.00

                                = $78.10

Next, we need to calculate the amount of oil used for each oil change. We are given that both shops pay $21.25 per gallon of oil.

Amount of oil used for each oil change = $275.00 / $21.25 per gallon

                                                     = 12.94 gallons (rounded to two decimal places)

Finally, we can calculate the Profit per Lube for Shop B by dividing the total oil gross profit by the amount of oil used.

Profit per Lube for Shop B = Gross oil profit for Shop B / Amount of oil used

                                       = $78.10 / 12.94 gallons

                                       ≈ $6.03 per gallon

Therefore, the Profit per Lube for Shop B is approximately $6.03 per gallon.

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Consider the following information about an asset that is being review for impairment: Book value $ 700,000 Estimate future cash flows 650,000 Fair value 590,000 What is the amount of the impairment loss for this asset?

Answers

Answer:

The amount of the impairment loss for this asset is $110,000

Explanation:

A assets is impaired when the fair market value of that assets lowers than the book value of the asset.

To calculate the impairment of an assets following formula is used

Impairent = Book value of Asset -  fair market value of the asset

Placing values in the formula

Impairent = $700,000 -  $590,000

Impairent = $110,000

in the table, which of the following is most likely to account for the large expected demand for registered nurses

A. the educational requirements to be a registered nurse are increasing more rapidly.

B. The American population is aging and older people need more health care than younger people.

C. The job demands little education.

D.Fewer young people are expected to go to college

Answers

The factor that is most likely to account for the large expected demand for registered nurses is the American population is aging and older people need more health care than younger people.

An increase in demand for registered nurses can result from an increase in the aging population. This group of population would require care for nurses. An increase in demand for registered nurses would lead to a rightward shift of the demand curve for nurses.

If the educational requirements needed to be a registered nurse increases and fewer people are expected to go to college, the supply of registered nurses would decline. If the job requires little education, the supply of registered nurses would increase.

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Answer:

B. The American population is aging and older people need more health care than younger people.

Which of the following is NOT a typical characteristic of a Minstrel

A. wandering, versatile entertainers


B. sometimes members f aristocracy and royalty


C. musicians of the fringe society


D. descriptive accounts; music not notated

Answers

Answer:

B

Explanation:

Someone who takes charge and solves problems without being asked to is demonstrating.
a. loyalty
b. malleability
c. cooperativeness
d. initiative
.

Answers

Answer: D.
Cooperativeness was my second choice, but initiative means to be forward and be the one to take charge.
Someone who takes charge and solves problems without being asked to is demonstrating.a. loyaltyb. malleabilityc.

Answer:

D.

Explanation:

which factors are important to consider when deciding if a job opportunity fits in with your long-term career goals?

Answers

Explanation:

your qualifications

skills and ability

your knowledge experience

Answer: A holistic approach needs to be adopted by a candidate while considering a job opportunity.

Explanation:

         For an opportunity to fit their long-term career goal, work-life balance and the ability of the opportunity to support their lifestyle becomes important. Proper clarification of the job description is vital. The position should be one that the candidate has the ability to do and in contrast, the challenges offered to help improve their skill.

         Since the opportunity is considered in context to the candidates' long-term career goals, the impact of the role needs to be evaluated. It could either be a lateral move or a stepping stone for the individual.

         The most common variable considered while evaluating a job opportunity is the salary or wages proposed for the job. A tool that can be used for the evaluation is an online paycheck calculator. It is important to know the competitive salary for the position for negotiation.

         Apart from the monetary benefits, the candidate should look at the benefits they can get when joining the organization. It is important to see if the benefits are company-paid or company-provided.

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which of the following hitches are allowed home depot

Answers

Out of the hitches given, the hitches that are not allowed is  Class 3 receiver. A hitch is a tool which is attached to the frame of a vehicle. Thus option (B) is correct.

What are hitches?

A hitch is a device that is attached to the chassis or frame of a vehicle, and is used to tow or carry loads, such as trailers, boats, or other vehicles. Hitches come in a variety of types and sizes, and the appropriate hitch depends on the weight of the load being towed or carried, as well as the towing capacity of the vehicle.

It is important to choose the appropriate hitch for the vehicle and the load being towed, and to follow the manufacturer's recommendations for hitch installation and towing capacity. Using an improperly installed or mismatched hitch can be dangerous and cause damage to the vehicle or the load being towed.

The Class 3 receiver are are not allowed out of given hitches above. Therefore option (B) is correct.

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The complete question might be:

Which of the following hitches are not allowed

Class 2 receiver

Class 3 receiver

Class 1 receiver

Bumper hitch

Suppose the price elasticity of supply for lumber is 2.4. If the price of lumber increases by 20% how much would the quantity supplied of lumber change

Answers

The quantity supplied of lumber would increase by 48% in response to a 20% increase in the price of lumber.

How to calculate by how much would the quantity supplied of lumber change

If the price elasticity of supply for lumber is 2.4, then we can use the formula:

Elasticity of supply = percentage change in quantity supplied / percentage change in price

Solving for the percentage change in quantity supplied, we get:

Percentage change in quantity supplied = Elasticity of supply * Percentage change in price

Given that the price of lumber increases by 20%, the percentage change in price is 20%.

The percentage change in quantity supplied would be:

Percentage change in quantity supplied = 2.4 * 20% = 48%

Hence, the quantity supplied of lumber would increase by 48% in response to a 20% increase in the price of lumber.

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Which financial tool is most important when planning for your future financial goals?
A.Enrolling in a checking account
B.Creating a budget
C.Mortgaging a house
D.Taking on extra debt

Answers

Correct answer is B!

The __________ strategy involves deciding what goods and services the firm should offer to a group of consumers and also making decisions about customer service, brand name, packaging, labeling, product life cycles and new product development.

Answers

Answer:

a. trate

Explanation:

some trate is so much good then trote so yeah

"Group decision making is better". Do you agree or disagree with the statement? Give 3 reasons why do you say so?​

Answers

Answer:

I agree because it make the group bring out more ideals

sometimes group decision make some people to voice out their problems

group decision help organization and firms to operate in good aims

A reference number used by advertisers that is obtained by multiplying reach (expressed as a percentage of the total market) by frequency is referred to as

Answers

Answer:

gross rating points (GRPs).

Explanation:

A Gross rating point is the point that represents the impact of the advertising. It can be determined in a percentage form by multiplying the target market with the frequency.

Let us take an example

Let suppose 30% represents the target market

And, there is a frequency of 4

So here the gross rating point is

= 30% × 4

= 120

Therefore the given situation represents the gross rating point.

A rational decision maker

Answers

Answer:yes

Explanation:because yes

Read the scenario below and answer the questions that follow. SAMU BED & BREAKFAST (SBB) Samu is a successful young entrepreneur who owns many bread & breakfast businesses different areas. Samu gives people equal Job opportunities without discriminating based c age, race and gender. She also values the differences between people and encourages diversity in the workplace. Some of the SBB employees have disclosed that that they are HIV positive. 1.4.1 Quote from the scenario above TWO ways in which Samu achieves inclusivity in the workplace. 1.4.2 Outline any THREE purposes of inclusivity in the workplace. 1.4.3 Advise Samu on the negative impact of HIV/Aids in the workplace. Name FIVE factors that must be considered when choosing a form of ownership. ​

Answers

1.4.1. Samu achieves inclusivity in the workplace by providing equal job opportunities and encourages diversity by valuing the differences between people and actively fostering an inclusive culture.

1.4.2.  The purposes of inclusivity in the workplace are to promote fairness and equality, enhance productivity and creativity, and foster a positive work environment.

1.4.3. The negative impact of HIV/AIDS in the workplace includes stigmatization, discrimination, increased absenteeism, reduced productivity, health-related costs, legal and ethical considerations, and decreased employee well-being and morale.

When choosing a form of ownership, factors to consider include liability, tax implications, decision-making authority, continuity, transferability, and cost.

Samu achieves inclusivity in the workplace by providing equal job opportunities, ensuring that individuals are hired based on merit rather than discriminatory factors like age, race, or gender. This promotes a fair and unbiased work environment. Additionally, Samu encourages diversity by valuing the differences between people and actively fostering an inclusive culture. By embracing individuals from diverse backgrounds and perspectives, Samu creates a work environment that stimulates innovation, creativity, and a sense of belonging.

The purposes of inclusivity in the workplace are to promote fairness and equality, enhance productivity and creativity, and foster a positive work environment. Inclusivity ensures that all employees have an equal chance to succeed, regardless of their personal characteristics. By fostering diversity, organizations can tap into a wide range of skills, experiences, and perspectives, leading to increased innovation and problem-solving abilities. Inclusive environments also promote a positive workplace culture where employees feel valued, motivated, and empowered, resulting in higher satisfaction and retention rates.

The negative impact of HIV/AIDS in the workplace includes stigmatization, discrimination, increased absenteeism, reduced productivity, health-related costs, legal and ethical considerations, and decreased employee well-being and morale. Employers must address these issues sensitively, provide support services, and ensure a non-discriminatory work environment to mitigate the negative effects.

When choosing a form of ownership, factors to consider include liability, tax implications, decision-making authority, continuity, transferability, and cost. Evaluating these factors will help determine the most suitable form of ownership that aligns with the business's goals, risk tolerance, and long-term plans. Seeking professional advice is essential to navigate the legal and financial complexities associated with different forms of ownership.

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You purchase Rayovac batteries from Wal-Mart. You send in your battery receipt and a form with your name, address, and UPC code to Rayovac. Rayovac sends you a check for $5.00. What type of discount is this? O A sale O A gift card O A rebate O A coupon​

Answers

Answer:

a rebate because companies like that and paint companies give out rebates

What is the FDIC and what is its purpose?

Answers

Answer:

ahhhh its not appropppprprpr

Explanation:

federal deposit insurance corporation
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