Which situation best illustrates the concept if absolute advantage??

Which Situation Best Illustrates The Concept If Absolute Advantage??

Answers

Answer 1

Answer: A German factory that can build more sports cars than foreign factories.

Explanation:

Absolute advantage refers to a scenario whereby a good or service can be produced in higher quantity at same cost by a company when compared to others.

In this situation, the scenario that best illustrates the concept of absolute advantage is a German factory that can build more sports cars than foreign factories.


Related Questions

Thomas is a commercial broker. He is representing the buyer in the purchase of an apartment complex in Dallas. Thomas also represents the seller. Both have authorized intermediary. The seller's attorney discloses to Thomas via email that the property has foundation issues but offers to increase Thomas' commission if Thomas doesn't tell the buyer. Thomas tells the buyer that there are no problems with the property, and the buyer ends up purchasing the property unaware of the foundation problems. Will Thomas likely be liable to the buyer for fraud

Answers

Answer:

Yes,it is a classic case of fraud as Thomas owes the buyer a duty of disclosure of material facts

Explanation:

Fraud

This is simply defined as act of deception. It is an act carried intentional by an individual to get an unfair advantage over another person.

The deceptive trade practices act

This is simply a federal law set up by government. It watches over business, making sure that fraud and misrepresentation do not take place when companies provide products and services.

In real estate, the seller required to tell the buyer about the property's condition and nothing should be left Thomas is guilty of fraud for covering up and not disclosing all conditions or state of the property.

The tests for disclosure outlined by the courts includes

1. The seller must not obstruct the buyer's attempts to inspect the property. The "as is" clause must be an important element of the contract.

2. The buyer and seller must not be in a relatively unequal bargaining position

All known defects must be disclosed by the seller

give reason
- blood oozes out when there is slight cut in our body
- astronauts wear a special suit while going to space​

pls pls really need help
anyone five markss

Answers

Answer:

Why blood oozes out when there is a slight cut:

The body has many blood vessels that carry blood to and from the heart. Some of these blood vessels are very close to the skin. When we have a slight cut, the cut damages these blood vessels and so the blood they are carrying comes out of the wound.

This will be stopped when platelets form blood clots which then trapped blood cells and stop the bleeding.

Why Astronauts wear a special space suit:

When astronauts are in space and have to leave the spaceship, they face many unknown dangers in space such as radiation, debris and extremely cold weather. The space suit they wear is designed to protect them from all these so that they are able to stay alive in space and carry out their jobs.

what is the impact of Corona virus as one of the socio economic issues on businesses​

Answers

Answer:

The CO.VID-19 pandemic produced a wide variety of types of effects worldwide, especially from spring 2020. Many people got sick and died from CO.VID-19. The fear that they themselves or people for whom they feel responsible would share this fate seized the population, scientists and politicians worldwide. There was a need for action from the development of the number of newly infected and deceased, from the economic crisis 2020/21, from a problematic development of social structures, from psychological stress on the Individuals and from further effects. In addition to concerns about people's lives and health and the resilience of the economy, there was also concern that the population could be deprived of basic rights for longer than justified by the pandemic.

Nick works with a large team at a social media company. He has proposed and finished several projects which the company implemented. He has a great sense of pride in doing his job. The company has three products currently, and the sales division and marketing division are responsible for increasing product adoption. Nick works in the marketing division and often gets marketing campaign ideas from talking with the customer service division and the salespeople. He enjoys the information communication in the company. Nick works for a company with a:

Answers

Answer:

functional departmentalization structure

Explanation:

In the case of functional departmentalization, an organization should be organized into the department that depend upon the functions that each one performs for an organization.

Since in the given situation, nicks works with the marketing division also he enjoyed the information that communciated in the company so here he works with the functional departmentalization structure for a company

hence, the same should be relevant

Two examples of the learning and innovation measures of a balanced scorecard are A. Employee turnover rate and number of internal process improvements. B. Employee training hours and product defect rates. C. Employee promotion rate and number of environmental incidents. D. Number of employee suggestions and finished products per day per employe

Answers

Answer:

A. Employee turnover rate and number of internal process improvements.

Explanation:

The balanced scorecard refers to the strategic planning and management system. The motive of use this is to align the day to day work so that everyone could follow the strategy and according to that the task should be completed on time or before time. It also measured and monitonered the progress for the targets sets by the company

So for learning and innovation, the employee turnover rate and the improvement made for no of internal process should be considered

Ptarmigan Company produces two products. Product A has a contribution margin of $289.20 and requires 12 machine hours. Product B has a contribution margin of $221.40 and requires 9 machine hours. Determine the most profitable product assuming the machine hours are the constraint. If required, round your answers to two decimal places. Contribution margin per machine hour: Product A $fill in the blank 1 Product B $fill in the blank 2 Product is the most profitable.

Answers

Answer:

Product B

Explanation:

Calculation to determine the Product that is most profitable.

Product A Product B

Contribution margin per unit $289.20 $221.40

÷ Machine hours 12 machine hours 9machine hours

Contribution margin per bottleneck hour 24.1 24.6

(Product A= 289.20/12=24.1)

(Product B =$221.40/9=24.6)

Therefore based on the above calculation PRODUCT B is the most profitable

A tax on automobiles imported into the United States that raises prices on imported vehicles to make the price of cars produced in the United States more competitive is a(n) ______; a tax on all oil imported into the United States, which is implemented to raise money for the U.S. government, is a(n)
A. import barrier; income tariff
B. embargo agreement; income tariff
C. quota tariff; revenue tariff
D. revenue tariff; protective tariff
E. protective tariff; revenue tariff

Answers

Answer:

E. protective tariff; revenue tariff

Explanation:

In an international trading, the protective tariff is defined as the tariff that is made to protect the domestic production from the from the foreign competition. This is done by raising the price of the goods that are imported to the United States.

A revenue tariff is defined as the tariff that is imposed on imported goods and is imposed mainly to increase the revenue of the government and not to provide protection to the domestics production or domestic industries.

Thus, in the context, the automobiles which are imported to the US is the protective tariff and the palm oil imported to the US to raise the government revenue is called a the revenue tariff.

Salaries is an
O asset
O expense
o none of the above

Answers

none of the above is the right anwser

Answer:

Expense

Explanation:

Discount-Mart issues $10 million in bonds on January 1, 2021. The bonds have a ten-year term and pay interest semiannually on June 30 and December 31 each year. Below is a partial bond amortization schedule for the bonds: DateCash PaidInterest ExpenseIncrease in Carrying ValueCarrying Value 01/01/2021 $8,640,967 06/30/2021$300,000 $345,639 $45,639 8,686,606 12/31/2021 300,000 347,464 47,464 8,734,070 06/30/2022 300,000 349,363 49,363 8,783,433 12/31/2022 300,000 351,337 51,337 8,834,770 What is the interest expense on the bonds in 2021

Answers

Answer:

i believe it is 9,000 dollars

Explanation:

i looked it up

unscramble the message:
1 4M n07 s4D B|_|7 1 4M n07 h499y 317H3r. 1 4M D399R3$$3|)

Answers

Answer:

"I am not sad (b-word) I am not happy either. I am depressed"

Explanation:

Hope this helps?

Maya got a job transfer from Italy to New York. After working for some time in New York, she started to understand the mental models held by her colleagues from other cultures, as well as their emotional experiences in a given situation. Furthermore, she started to effectively use words and behaviors that were compatible with the local culture of New York. Which of the following features of a global mindset occurred in Maya's life?
A. The capacity to judge the competence of others by their national or ethnic origins.
B. The ability to develop more of a parochial than a global frame of reference about their business.
C. The capacity to empathize and act effectively across cultures.
D. The ability to process complex information about familiar environments.

Answers

Answer:

C. The capacity to empathize and act effectively across cultures.

Explanation:

Since in the question it is mentioned that the use the words and behavior that are compatible with the new york local culture so here the global mindset that arise in her life represent the attribute with related to the capacity for empathizing and it act effectively over and across the culture

so as per the given situation, the option c is correct

The art of getting things done through the efforts of other people." Put yourself in the shoes of a manager and explain what this definition means in the context of a company operation. You can use the example of any company (large or small) and any good or service.

Answers

Answer: A manage manages situation to come out well with people

Explanation:

As a manager the only thing that rings in your mind is how to get things done, how to bring people together, in their best way to meet the goals of the organization. Managers would have to understand that they can't do without people. When a manager starts doing jobs without people while they're there then there is no need having them around and he isn't fit to be called a manager. A manage manages situation to come out well with people.

I need a cute name for an estsy buisness where i sell prints… this is a 10 point question and I give brainliest to whoever comes up with the one I like and I will thank everyone who answers no matter what !!

Answers

Answer:

well i think

- flawless copies

- perfect printing

-rapid copies

- papers brought to life

- plastics and prints

-printsey

hope this helps! <3

A class with 9 students went to local museum. Each student bought a general admission ticket for $10.Each special exhibit at the museum costs the same price, and 2 students bought 4 special exhibit tickets each, while 7 students bought 3 special exhibit tickets each. The total cost for the general admission tickets and the special exhibit tickets was $177.00. What is the cost, in dollars, of each special exhibit ticket?

Answers

Answer:

3

Explanation:

Total number of students = 9

Admision ticket cost = $10

Let cost of special exhibit ticket cost x

2 students ecah bought 4x

7 students each bought 3x

Admission. Cost + exhibit ticket cost = total cost

(10 * 9) + (2 * 4x) + (7 * 3x) = 177

90 + 8x + 21x = 177

29x = 177 - 90

29x = 87

x = $3

Which economic effect does a central bank hope to achieve by buying back
large amounts of treasury securities?
A. It hopes to raise interest rates for private lenders.
B. It hopes to discourage companies from hiring workers.
C. It hopes to make more money available for loans.
D. It hopes to reduce the overall amount of economic activity.

Answers

Answer:

c.  It hopes to make more money available for loans

hope this helps!

add me/mark brainist<3

The Central bank hopes to make more money available for loans. Thus, option C is correct.

What is a Central bank?

The primary goals of central banks are to stabilize prices, increase employment, and support a nation's economic expansion. Experts concur that central banks function best when they are credible, or trusted, independently from government authorities and free from political influence, and explicit about their objectives and procedures.

In order to encourage banks to lend out additional amounts of their funds, the Fed may lower the discount rate, enabling borrowing money from other financial institutions easier or less expensive for banks if their cash reserves go too small. Banks grant more money when their discount rate is lower, which expands the fund's supply.

Therefore, option C is correct.

Learn more about the Central Bank, here:

https://brainly.com/question/29457509

#SPJ5

An insurance company offers personal property insurance.Jewelry is a special type of personal property. Jewelry coverage requires that the user managing the request is trained to appraise jewelry. Assignments for jewelry appraisals must go to
skilled users. Which routing approach would you use?
A. Route requests to a decision table that routes the request to a work group in a location where there are users who have appraisal skills.
B. Route directly to users who are members of a work group that uses skill rating parameters.
C. Route requests to a reporting manager who assigns the request to a user to ensure fast processing.
D. Route requests to a work group whose members have the skill rating parameters.

Answers

Answer:

D. Route requests to a work group whose members have the skill rating parameters.

Explanation:

Since in the given situation it is mentioned that the insurance company provides the insurance of personal property and the assignment should be made for jewelry appraisal that should go for the users that are skilled so here the routing approach that should be used is that the request should be made to the group of members that have the parameters of the skill ratings

So the correct option is d.

A process costing system is employed in those situations where: Question 3 options: A) full or absorption cost approach is not employed. B) where manufacturing involves a single, homogeneous product that flows evenly through the production process on a continuous basis. C) many different products, jobs, or batches of production are being produced each period. D) a service is performed such as in a law firm or an accounting firm.

Answers

Answer:

The correct option is option B.

Explanation:

Hence a process costing system is employed in those situations

where manufacturing involves a single, homogeneous product that flows evenly through the production process on a continuous basis.

Cafeteria Department Cutting Department Assembly Department Janitorial Department cost allocation $155,000 $31,000 $124,000 Cafeteria Department cost allocation $243,000 $81,000 Compare the total support department costs allocated to each production department under each cost allocation method. a. Which production department is allocated the most support department costs under the direct method?

Answers

Answer: Assembly Department

Explanation:

Missing part of question is attached below.

Cutting Department

Under the direct method, the Cutting Department is allocated $62,000 of the Janitorial cost and $126,750 of the Cafeteria cost for a total of:

= 62,000 + 126,750

= $188,750

Assembly department

Allocated $248,000 of the Janitorial cost and $42,450 of Cafeteria:

= 248,000 + 42,450

= $290,450

Assembly Department is therefore the department that is allocated the most support department costs under the direct method.

QUESTION 26 Which of the following statements are true? A. Because coupon payments on municipal bonds are exempt from federal income tax, the expected after-tax return on them will be higher for individuals in higher income tax brackets. B. An increase in tax rates will increase the demand for municipal bonds, lowering their interest rates. C. Interest rates on municipal bonds will be lower than on comparable bonds without the tax exemption. D. All of the above are true statements. E. Only A and B are true statements

Answers

Answer:

D

Explanation:

A municipal bond is a debt instrument issued by a state or municipality to finance its capital expenditures.

Municipal bonds are usually exempt from federal income tax. This makes these bonds attractive to individuals with a high income tax bracket

If tax rate increases, investors would prefer to invest more in municipal bonds because it is exempt from tax. The increase in demand for these bonds would lead to decrease in its interest rate.

Due to tax exemption, the interest rate on municipal bonds is lower than on comparable bonds

Types of municipal bonds

General obligation bonds : these bonds are not secured by any form of asset. Instead they are backed up by the credit worthiness of the issuer.Revenue bonds : these bonds are secured by revenue from a particular project. e.g. revenue from highway tolls

Match each type of tax with its correct description.
Medicare tax
local income tax
federal income tax
Social Security tax
state income tax

Answers

Answer:

1. Medicare tax.

2. Local income tax.

3. Federal income tax.

4. Social Security tax.

5. State income tax.

Explanation:

Taxation can be defined as the involuntary or compulsory fees levied on individuals or business entities by the government to generate revenues used for funding public institutions and activities.

The various type of tax with their correct description are;

1. Medicare tax: it is used to support healthcare costs for retired workers. An example is the Affordable Care Act (ACA) which became effective on the 23rd of March, 2010 and it's focused on making affordable health insurance available to qualified people or households through cost-sharing reductions and premium tax credits (subsidies).

2. Local income tax: it is collected by town, school district, counties and cities to fund city or community programs.

3. Federal income tax: it is collected from most workers, who pay up to 39.6 percent of their earnings. This type of tax is paid by employees with respect to the amount of money they receive as their wages or salary.

4. Social Security tax: it is used to provide financial support to retired and disabled workers. In the United States of America, the Social Security Administration (SSA) adopted the Old-Age, Survivors, and Disability Insurance (OASDI) program to support retired and disabled workers.

5. State income tax: it is collected from workers in most states to fund their budget and the rate differs from state to state.

Answer:

in the picture

Explanation:

Polly secured a good grade with a 4 GPA in her admission test. However, she was denied admission by a management school. Hence, she filed a suit that the school had discriminated against her on the basis of race; that she was rejected because the school used race as an important factor, giving applicants belonging to minority groups a greater chance of admission than students with similar credentials from disfavoured racial groups. Which of the following approaches should be applied to solve Polly's case? A) Minimum rationality approach B) Strict scrutiny approach C) Rational basis approach D) Intermediate scrutiny approach E) Quasi-scrutiny approach

Answers

Answer:

i think correct answer us c

Telecommuting can be BEST described as
A. using telephones to market products
B. travelling between home and the traditional office
C. establishing a communication link between companies
D. working from a remote location outside of a traditional office

Answers

Answer:

using telephones to market products.

pappelbon Enterprises recently acquired a chain of convenience stores offering both fuel and food. Pappelbon is now surprised and dismayed to find that the gas pumps have been poorly maintained and will need to be replaced at considerable expense. All of the following statements accurately reflect this EXCEPT: a. Pappelbon overpaid. b. Pappelbon did not fully evaluate the target. c. Pappelbon's management was overly focused on acquisitions. d. Pappelbon's due diligence was not fully effective.

Answers

Answer:

Pappelbon Enterprises

All of the following statements accurately reflect this EXCEPT:

c. Pappelbon's management was overly focused on acquisitions.

Explanation:

Acquisitions require effective due diligence to be performed on the target.  Due diligence involves a full evaluation of the company to be acquired.  The evaluation should have uncovered the poor maintenance culture of the acquiree.  When it is established that many of the gas pumps would need replacement, the acquisition cost should have been reduced accordingly. These steps will also enable the management to not overpay for the acquired entity.

You click on a job and see that you have a “Connection” at that company. Brainstorm 1-2 steps you might want to take with this connection if you are interested in applying. Explain your reasoning.

Answers

Answer:

make a resume and get an application to apply

Explanation:

If any person are the applying, the job as the scene to the connection of the company as the add-on the reference as the on the resume.  

What is job?

The term "job" refers to employment with a certain company. A job is also known as the amount of money that a corporation pays its employees. The employment has provided the opportunity to pursue a career. A job provides financial assistance as well as experience. There are four types of people: producers, builders, thinkers, and improvers.

A person is the need of the job. To search the job are the seen the connection of the company are with the help of the resume to take to apply as the lastly add-on the reference. The reference was the important in the resume to apply for the job are the easily to grab the opportunities.

As a result, a person is to apply for the job.  

Learn more about the job, here:

https://brainly.com/question/17205577

#SPJ2

Assume you are analyzing the market opportunity of a distance learning company, Learnmore, that creates education courses delivered over the Internet for the Fortune 1000 corporate market. Assume that the overall size of the distance learning market is $25 billion. The overall market can be broken down into three major market segments: Corporate, College, and Elementary/High School, each of which accounts for a third of the market. Within the Corporate market, there are two market niches: Fortune 1000, which accounts for 60% of the market, and all others, which together account for 40% of the market. What is Learnmore's realistic market opportunity, approximately

Answers

Answer:

The answer is "$8.33billion".

Explanation:

Since 25 billboards are separated into three sections, one portion of which is corporate and one part is fortune 1000 and equal to 8.33 billion dollars incorporate.

1/3 of the $25billion = $8.33 billion.

what is engineering?​

Answers

Answer:

Engineering is an occupation with an extremely wide reach. The term 'engineering' covers many fields and, by extension, many skills. Engineers are scientists, inventors, designers, builders and great thinkers and improve the state of the world, expand human capability and make people's lives safer and easier.

Engineering skills include:

The scientific methodSocial, cultural and economic awareness  MathematicsBiology, chemistry, physics and other areas of scienceCreativityTeamworkWhere science is involved with designs, buildings, use of engines, machines, and structures.
Engineering is the process of designing the human-made world. Engineering is the systematic application of knowledge and experience to solve problems and protect and improve lives. It takes a thought, or an abstract idea, and translates it into reality.

The following standards for variable manufacturing overhead have been established for a company that makes only one product:Standard hours per unit of output3.5 hoursStandard variable overhead rate$15.20 per hourThe following data pertain to operations for the last month:Actual hours3,800hoursActual total variable manufacturing overhead cost$59,090Actual output800unitsWhat is the variable overhead efficiency variance for the month

Answers

Answer:

Variable overhead efficiency variance= $15,200 unfavorable

Explanation:

Giving the following information:

Standard hours per unit of output 3.5 hours

Standard variable overhead rate $15.20 per hour

Actual hours 3,800hours

Actual total variable manufacturing overhead cost $59,090

Actual output 800units

To calculate the variable overhead efficiency variance, we need to use the following formula:

Variable overhead efficiency variance= (Standard Quantity - Actual Quantity)*Standard rate

Variable overhead efficiency variance= (3.5*800 - 3,800)*15.2

Variable overhead efficiency variance= $15,200 unfavorable

You recently launched a news website which is expected to be visited by millions of people around the world. You chose to deploy the website in AWS to take advantage of its extensive range of cloud services and global infrastructure.
Aside from AWS Region and Availability Zones, which of the following is part of the AWS Global Infrastructure that is used for content distribution?
A. Bastion Hosts
B. VPC Endpoint
C. Edge Location
D. Hypervisor

Answers

Answer:

C. Edge location

Explanation:

AWS Global infrastructure consists of multiple geographical locations. The locations are known as regions which provide a way to built highly fault tolerant infrastructures. AWS Global Infrastructures consists of four components; Availability Zones, Regions, Edge Locations and Regional Edge Caches.

Motivated by his desire to operate his own business, Caleb is considering the purchase an existing business. As he carefully weights this option, he is likely to find that: A) very few owners of small businesses have any interest in selling. B)his potential for success would greatly improve if he started his own new firm. C)the value of an existing business is determined by what the business owns, what it earns, and what makes it unique. D)any entrepreneur willing to sell their business is experiencing serious financial problems.

Answers

Answer:

B)his potential for success would greatly improve if he started his own new firm.

Explanation:

An entrepreneur refers to an individual who sees a need or discovers a problem in a society and innovatively proffers a solution using brilliant ideas or entrepreneurial thinking.

The following are four characteristics of an entrepreneur;

1. Innovative: it can be defined as a quality possessed by an individual or group of people such as an entrepreneur and typically involves the process of improving on an existing product or ideas.

2. Passionate: believing in a course and one's ability to achieve much more at a business.

3. Risk-Taker: he or she is confident enough to venture into risky businesses with the hope of an expected success.

4. Self-Confident: he or she is bold and believes in his or her abilities to excel.

In a society, the role of an entrepreneur is mainly focused on bringing the four (4) factors of production together and take the risks of producing output, so as to generate revenue through sales and make economic profits in the long-run.

In this scenario, Caleb is motivated by his desire to operate his own business and as such considering the purchase of an existing business. As he carefully weigh this option, he is likely to find that his potential for success would greatly improve if he started his own new firm as an entrepreneur.

Registered Representatives would be liable for damages in the use of material, non-public information in all of the following situations except: (A) The representative decides not to share the information and does not trade based on the information (B) The representative decides not to share the information with others but does make trades in his personal only (C) The representative trades using the information after notifying officers of the firm (D) The representative decides not to trade using the information but shares the information with others who do use the information for trading purposes.

Answers

Answer:  (A) The representative decides not to share the information and does not trade based on the information.

Explanation:

The use of material, non-public information in securities trade is called insider trading and creates an unfair advantage and so is illegal under any circumstances and considered a violation of the Insider and Trading Fraud Enforcement Act of 1988.

A Registered Representative would therefore only be liable for no damages if they never trade on material, non-public information because if they are found to, regardless of the reason, they will incur damages.

Other Questions
What is the length of leg s of the triangle below?45310729045$ how to get the interval? On George's block, the ratio of cars to houses is 8 to 5. There are 32 cars, how many houses are there? PLEASE HELP THIS IS TIMEDWhich of the following is a physical change?CsF(s) + XeFo(s) CsXeF;(s)CO2 (s) + CO2(g)O N2 (g) + 3H2 (g) 2NH3 (g)2H2 (g) + O2 (g) 2H20 (1)Zn(s) + 2 MnO2(s) + H20(1) Zn(OH)2(s) + Mn2O3(s) 7X^2+20x=24X=?Please answer to 2 d.p If f(x) = x2 1, andg(x) = x + 2, thenf(g(x)) = [ ? ]x2+[ ]x+] Which of the following statements is false?a.Spanish forces quickly defeated the revolutionary forces and ended the rebellion.b.Spain felt threatened by American settlers in Texas.c.Many of the battles for Mexican independence were fought on Texas soil. d.Father Hidalgo sparked the beginning of the Mexican Revolution. what are the different ways to recycle biodegradable waste? Simplify -|-7+4|O 4O -1/4O -4 ANSWER PLZ WILL MARK BRAINLIEST!!!!!! help me to do this please Please Help. What is the name of the process that plants use to remove carbon dioxide from the atmosphere?1.) transpiration2.) photosynthesis3.) respiration4.) decomposition A shopping attendant needs to price a large jigsaw puzzle returned by a customer. The customer paid a total of $33.04, including a convenience charge of $1.75 and 10% sales tax on the subtotal. Use the inverse to find the original price of the puzzle. If necessary, round your answer to the nearest cent. What impact did the hard-lockdown have on the perfect markets? chromosomes_____ select all that apply -always occur in pairs-are tight coils of dna-can be analyzed in a karyotype-carry thousands of genes-are carried on genes SEE ATTACHED IMAGE, THANK YOU! what is the narrator relationship with dee 28. Fill in the blank in the following sentence with the superlative phrase that willmake the sentence mean "China is the largest country."C'est la Chine Yevgenia walks 8 x 2/3 miles every week which fraction represents the number of miles that Yevgenia walks each 62x+2.63x = 1SolveEN