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TEA [102]
1 year ago
9

According to the law of comparative advantage, what should be the distinguishing characteristics of the goods a nation imports?

Business
1 answer:
aliina [53]1 year ago
6 0

Answer:

The correct answer is option C.

Explanation:

The law of comparative advantage states that a country will produce and export the commodity it has a comparative advantage in producing.  

In other words, if the country can produce good cheaply or at a lower opportunity cost.  

The good that cannot be produced cheaply or has a higher opportunity cost will be imported from the country that produces it cheaply.

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Chuck Diesel Burger is a food truck in Houston, Texas. Imagine that Chuck Diesel Burger’s minimum average total cost (ATC) is $3
Trava [24]

Answer:

The answer is: $3.00

Explanation:

In order for Chuck Diesel Burger to make a profit it must sell its product at ˃$3.75.

If it sells its product at $3.75 it will break even (costs = revenue).

If its price is <3.75 but ˃$2.50 it will lose money but still produce, since its revenue is ˃ than its variable cost.

Any price ≤$2.50 would make it impossible for Chuck Diesel Burger to continue production since its revenue is < variable production costs.

5 0
2 years ago
Describe the different types of instructional characteristics that this program should have for learning and transfer to occur a
Misha Larkins [42]

Answer:

Answer explained below

Explanation:

Safety is very important aspect in factory to avoid injuries and accidents. The injuries and accidents depends on type of factory and safety measures taken. So all employees should have knowledge of safety in the work. There are different job profiles for different levels of the peoples in the organization. So safety instructional material will be different for different levels of employees in the organization.

The account and office employees are out of production process so they should know basic instructions such as fire safety.

The employees who are working on particular machines they should having separate instructions about handling of machines and safety measures.

The Peons and watch mans   should required different safety instructions to avoid injuries and accident.

There are various cadres of managers like Production Manager, Finance Manager, HR Manager, Marketing Manager. More accidents generally happens in production area, So production Manager has required more instructional material.

8 0
1 year ago
In Rick's PPI, he notes the description, location, cost, and time of purchase. What is he missing?
blsea [12.9K]

Answer:

I think A but i might be wrong

Explanation:

5 0
1 year ago
What concept involves breaking down the production of a product into a series of small, elementary tasks, each of which is perfo
GenaCL600 [577]

Answer:

work or job specialization

Explanation:

Work specialization is based on the division of labor, i.e. dividing the work activities into smaller separate tasks. Each worker is responsible for performing only one or a few separate tasks and by doing so will specialize in its performance. As he workers specialize in performing certain tasks, overall efficiency and total output should increase.

6 0
1 year ago
The seabury Corporation has a current ratio of 3.5 and an acid-test ratio of 2.8. The Corporations current assets consist of cas
SVETLANKA909090 [29]

Answer:

The correct answer is A

Explanation:

The current liabilities is computed as:

Current Assets (CA) = Quick assets (QA)+ Inventory (I)

CA = QA + $49,000

Acid test ratio = Quick assets / Current Liabilities (CL)

2.8 = QA / CL

QA = 2.8 × CL                              

Current Ratio (CR) = CA / CL

3.5 = CA / CL

Putting CA = QA + Inventory

3.5 = ( QA + $49,000) / CL

Now, Putting QA = 2.8 × CL

So,

3.5 = [( 2.8 × CL ) + $49,000] / CL

3.5 = 2.8 CL / CL + $49,000 / CL

3.5 = 2.8 + ($49,000 / CL)

3.5 - 2.8 = $49,000 / CL

0.7 = $49,000 / CL

CL = $49,000 / 0.7

CL = $70,000

4 0
2 years ago
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