The ability of one country to produce a good or service more efficiently than another is called a(n) _____.

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Answer 1

Answer:

absolute advantage

Explanation:

the answer is absolute advantage know the explanation for it .


Related Questions

Suppose that total demand for refrigerators at the market price is 15,000 units. If the LRAC curve reaches a clear minimum average cost at 5,000 units, then the industry structure must be

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The industry structure must be a monopoly. A perfectly competitive and monopolistic company earns 0 profit in case of the long run.

What do you mean by Monopoly market?

Monopoly, as described by Irving Fisher monopoly., is a “non-competitive” market, which creates a situation where a person or business is the sole supplier of something.

To increase profits the company produces that number MR = MC. Build a completely competitive company P = MR.

Therefore, If the LRAC curve reaches a clear minimum average cost at 5,000 units, then the industry structure must be a monopoly. This is the correct answer.

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Jamal is using a security classification guide (SCG) to assist in marking information from a source document. Which best describes Jamal's work?

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If Jamal is using a security classification guide (SCG) to assist in marking information from a source document. What describes Jamal's work is: Derivative Classification.

What is Derivative Classification?

Derivative Classification can be defined as the process of classifying security information or data so as to enable easy marking of information from the source document or source information.

Based on the information given jamal is making use of Derivative Classification as this will enable him to know whether the information in the document has been classified.

Therefore what describes Jamal's work is: Derivative Classification.

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_____ encompasses purchases of fixed assets abroad used in the manufacture and sales of goods and services.

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Answer:

The correct answer is called capital goods. Give me Brainiliest

How have your planning/drafting/writing strategies and critical thinking practices evolved this semester

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The answer here is a comparison of your planning, drafting, writing strategies, and critical thinking practices this semester with those of another semester.

How do you do a comparative analysis?

Write each subject as a different subheading, then using a tabular form first, highlight similarities.

Then, you proceed to highlight the differences. You can then write a summary of the similarities and the differences. It can be advantageous to highlight the reasons for the variations in your summary.

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Developing an understanding of cultural implications can greatly improve workplace interactions in the long run, resulting in improved relationships with diverse a. suppliers. b. customers. c. employees. d. all of the above

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Developing an understanding of cultural implications can greatly improve workplace interactions in the long run, resulting in improved relationships with suppliers, customers and employees.

What are cultural implications?

The impacts of a policy, event, activity or movement on a particular culture are referred to as cultural implications.

External and internal events can weaken, change, or reinforce specific parts of a culture, affecting the success of cultural globalization.

In the long term, developing a cultural knowledge can considerably improve workplace interactions, resulting in improved connections with suppliers, customers, and employees.

Therefore, option D is correct.

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The monopolist's demand curve is: a. identical to the market demand curve. b. identical to the marginal revenue curve. c. below the marginal revenue curve. d. a horizontal line at the market price. e. a U-shaped curve.

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The monopolist's demand curve is identical to the market demand curve.

Who is a monopolist?

Monopolist is an individual or a firm that produces goods, render services and also have control over the product that they produce.

They are not involved in competitive market but always look out for policies that will favor their market.

Therefore, The monopolist's demand curve is identical to the market demand curve.

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Windham Corporation has current assets of $680,000 and current liabilities of $850,000. Windham Corporation's current ratio would be increased by:

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The ratio could increase with the purchase of $170,000 of inventory on account.

A writer, an illustrator, a publisher and an agent would form a ______. a. functional team b. cross-functional team c. management team d. corporate team please select the best answer from the choices provided a b c d

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A Cross-functional team will be formed when a writer, an illustrator, a publisher and an agent work together.

What is a Cross-functional team?

This means the groups of people from various departments in an organization that work together to achieve a common goal.

Hence, when writer, an illustrator, a publisher and an agent work together, this is known as a Cross-functional team.

Therefore, the Option B is correct.

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MC Qu. 15 In a direct claim, you should close with In a direct claim, you should close with Multiple Choice an expression of goodwill. a restatement of the problem. details backing the claim. an apology. a deadline for a response.

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In a direct claim, there will be a deadline for responding, usually 30 days from the date of submission and receipt of the notification.

What is a direct claim?

It is any claim by an indemnified person that is not a third party, where there is a notification and a deadline for responding to the claim, which within a period of 30 days can be negotiated for the resolution of the problem.

Therefore, the response period must be considered by the receiver, if this is rejected, it is up to the applicant to seek resolution in court.

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Social shopping focuses on the Blank______. Multiple choice question. service elements of a customer transaction user or buyer shopping experience relationship between the social outlet and the manufacturer seller and purchase transactions

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Social shopping focuses on Option B. Social shopping is a type of e-commerce in which shoppers' friends participate in the shopping process.

What exactly is a social shopping platform?

Social shopping platforms and apps are far larger on the commerce spectrum than the name implies. These are systems and programs that enable firms to turn their social media channels into social shops. Social purchasing has numerous advantages for both companies and individuals.

Customers can interact with your brand, post reviews, and ask questions more easily using social commerce. It provides your customers with a human connection that traditional e-commerce does not.

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What kind of financial institutions does the office of thrift supervision oversee? a. credit unions and local banks b. the stock market c. savings and loan institutions d. check clearinghouses

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OTS supervises the financial system of the U.S. and is also in charge of savings and loan institutions.

What are the primary responsibilities of the Office of Thrift Supervision?

This bureau was in charge of ensuring the safety and soundness of thrift bank deposits. It accomplished this by auditing and inspecting banks to ensure that government regulations and policies were followed.

The office of thrift supervision is in charge of c. savings and loan institutions.

Therefore, the option c.describes the duties of OTS.

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Answer:

C

Explanation:

A developing nation begins to import more and more films from Western countries because it lacks the resources to produce big-budget blockbuster movies. Eventually, no films are being made locally; everything is coming from abroad. This illustrates

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An idea of Cultural Imperialism is illustrated when a developing nation import more from Western countries because it lacks the resources to produce.

What is a Cultural Imperialism?

This refers to domination of one culture over another and leads to the diminishment or annihilation of one or the other.

The ide of western cultural imperialism is explained when developing nation import more films from Western countries because it lacks the resources to produce big-budget blockbuster movies.

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At _____ stage of the organizational life cycle, it becomes appropriate that many organizations have to be reorganized or restructured to achieve higher levels of coordination between and among different groups or subunits.

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At early stage of the organizational life cycle, it becomes appropriate that many organizations have to be reorganized.

What is an organizational life cycle?

The organizational life cycle serves as a theoretical model based on the changes organizations experience .

This experience comes as they grow and mature, however at early stages, many organizations have to be reorganized or restructured to achieve higher levels.

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The type of cover letter written to inquire about possible job openings: a. networking letter b. prospecting letter c. application letter d. follow up letter

Answers

The type of cover letter written to inquire about possible job openings is b. prospecting letter.

What is Prospecting letters ?

Prospecting letters serves as one that is been sent are to leads potential clients, or past clients so they can continuously grow a real estate business.

Therefore, prospecting letter is type of cover letter written to inquire about possible job openings.

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Answer:

B

Explanation:

Trust

E-commerce ________ includes creating marketing messages that contain the individual’s name, appeal to his/her interests, and take their purchase behavior into account.

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E-commerce personalization is creating marketing messages that contain the individual’s name and take their purchase behavior into account.

What is e-commerce?

It should be noted that e-commerce simply means the buying and selling if goods through the internet.

In this case, E-commerce personalization is creating marketing messages that contain the individual’s name and take their purchase behavior into account.

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Which of the following measures would a president adhering to Keynesian economic principles most likely employ during an economic recession?
i. A budget with significant cuts in federal spending on entitlement programs like Medicaid
ii. A budget that raises the federal interest rate from 1.65% to 1.8%
iii. A budget that cuts corporate income tax rates and decrease regulation of the economy
iv. A budget with significant additions of public work projects to provide employment for Americans without jobs

Answers

The measure that would be employed by the president is a budget that cuts corporate income tax rates and decrease regulation of the economy.

What is the president's response to a recession?

A recession is when the gross domestic product of a country for two consecutive quarters is negative. When there is a recession, the apporopriate response should be an expansionary policy.

Keynesian economics advocates for increasing consumer spending in a recession. This can be achieved through reducing taxes.

It is estimated that logistics costs including transportation, distribution center operations, and order processing represent ________ of the retail price that you pay for a new car.

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It is estimated that logistics costs including transportation, distribution center operations represent 25 to 30% of the retail price that you pay for a new car.

What is retail price?

The retail price is the price that a customer will pay when purchasing a product at a retail store. This is the final price that customers pay for the goods purchased.

Here, other expense cost are added before a retail price is decided by a seller so that they can have profit from the sale.

Hence, It is estimated that logistics costs including transportation, distribution center operations, and order processing represent 25 to 30% of the retail price that you pay for a new car.

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Jersey's Smoothie Bar has decided to set its pricing structure based on an annual percentage of the amount earned as a result of financial investment as a quantifiable means to gauge the success of their pricing. This pricing structure is known as

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Jersey's Smoothie Bar set pricing structure

as a quantifiable means target return on investment pricing.

What is pricing method?

A pricing method is used to calculate the price to be set as regards a product so as to have a return with desired profit .

Therefore, Jersey's Smoothie Bar utized this pricing strategy to meet their target.

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When a department has no idle capacity and will interrupt their current level of sales to regular customers, the lowest acceptable transfer price to supply product to another division is ______.

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The lowest acceptable transfer price at which the product can be supplied to the regular customer, during no idle capacity, is the selling price of the product.

What is idle capacity?

The idle capacity in terms of the manufacturing department can be understood as the remaining capacity held by the business over its regular production.

Thus, when a department has achieved its idle capacity due to which the current sales to the regular customer will hamper. In this case, the department cannot transfer or supply the product below its basic selling price.

Therefore, the selling price can be taken as the lowest acceptable transfer price.

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The best product development strategy for most firms is to:.

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Answer:

constantly monitor consumer wants and needs and be willing to develop new products and adapt policies and services as those consumer needs begin to change.

Christopher has a credit card with an apr of 13.13%. the card uses the adjusted balance method to calculate finance charges. the following table details christopher’s transactions with his credit card in the month of december. date amount ($) transaction 12/1 424.86 beginning balance 12/3 55.25 payment 12/5 78.10 purchase 12/14 20.00 payment 12/16 27.97 purchase 12/22 8.16 purchase 12/29 46.07 purchase if christopher is on a 30-day billing cycle, what will his new beginning balance be after december? a. $509.91 b. $349.61 c. $353.44 d. $513.74

Answers

Based on his purchases and payments, as well as the opening balance, Christopher's opening balance after December will be d. $513.74.

What is Christopher's new opening balance?

First find the balance on the card:

= Opening balance + Purchases - Payments

= 424.86 + 78.10 + 27.97 + 8.16 + 46.07 - 55.25 - 20

= $509.91

Opening balance becomes:

= 509.91 x (1 + 13.13%/365 days x 30 days)

= $513.74

In conclusion, option D is correct.

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Under the Americans with Disabilities Act, employees with disabilities must reasonably accommodate the needs of their employers true or false

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The statement is false, that the employees with disabilities must reasonably accommodate the needs of their employers.

What is the Americans with Disabilities Act?

The Americans with Disabilities Act of 1990. This act is sometimes known as the ADA, is a civil rights statute that forbids discrimination against people with disabilities.

Employers with 15 or greater employees are normally obligated to implement reasonable modifications under the Americans with Disabilities Act.

Employers with less than 50 employees may be required by state and local legislation to provide reasonable accommodations.

Under this act, employees with disabilities will not compulsorily  reasonably accommodate the needs of their employers.

Therefore, the given statement is false.

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How many ways are there to make change for a dollar.

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Answer:

With the four coins (quarters, dimes, nickels, and pennies), there are 242 ways to make change for a dollar.

An increase in the supply of money will lead to ____ in equilibrium real GDP and ____ in equilibrium price level. a.a decreases; an increase b.a decrease; a decrease c.an increase; a decrease d.an increase; an increase g

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When borrowing money becomes easier, consumption and lending (and borrowing) rates tend to rise.

Higher rates of consumption, lending, and borrowing can be linked to a rise in an economy's overall output, expenditure, and, presumably, GDP in the near run.

For a given price level and output, an increase in the money supply lowers the interest rate.

What Factors Influence Money Supply?

The most important determinant of the money supply is the Federal Reserve policy.

The Federal Reserve influences the money supply via changing bank deposits, which are its most essential component. This is how it goes.

Depository institutions (commercial banks and other financial institutions) are required by the Federal Reserve to retain a portion of their deposit liabilities as reserves.

These reserves are held by depository institutions as cash in vaults or ATMs, as well as deposits at Federal Reserve banks.

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As Eddie scanned the employment opportunities on LinkedIn, he speculated that he might not qualify for some of the jobs. Eddie was concerned that his educational credentials and skills might not be compatible with the ________ for many of today's available jobs. Group of answer choices job analyses

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Eddie was concerned that his educational credentials and skills might not be compatible with the job specifications for many of today's available jobs.

What is job specification?

A  job description that stresses an operator's mental and physical qualities as well as any particular skills required, in order to make employee selection and placement easier.

Educational requirements, training, technical abilities, experience, and personality attributes the organization needs for the person filling the function are all listed in the job specification.

Thus, job specification is applied here.

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A number of top fashion-modeling agencies would most likely be charged with ________ for jointly determining what commissions they charge for models.

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Answer:

The answer is Price fixing.

Explanation:

number of top fashion-modeling agencies would most likely be charged with Price fixing for jointly determining what commissions they charge for models.

As a part of the federal budgeting process, an executive agency called the ______ reviews all agency budgets and ensures that they conform to the intent of the policy.

Answers

Office of Management and Budget

As a part of the federal budgeting process, an executive agency called the Office of Management and Budget reviews all agency budgets and ensures that they conform to the intent of the policy.

Which situations offer examples of banking and related services workers? select three options. anna analyzes loan applicants to decide whether to give them loans. aaron helps customers put money into and remove money from their accounts. jared researches the credit history of people applying for credit. tamara reviews the finances of a business to determine whether it is profitable. raquel helps individuals and companies prepare their tax forms. troy helps a family create a budget to save more money.

Answers

Examples of banking and related services workers are;

Anna analyzes loan....Aaron helps customers put money...Jared researches the...What is banking?

Banking sweves as the business of protecting money for others, it involves lending if money and generating interest that creates profits .

Therefore, example of banking is when Aaron helps customers put money into and remove money from their accounts.

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Answer:

ANNA, AARON, JARED

Explanation:

A; Anna analyzes loan applicants to decide whether to give them loans.

B; Aaron helps customers put money into and remove money from their accounts.

C; Jared researches the credit history of people applying for credit.

When posting a job vacancy, it is important to post the minimum, midpoint, and maximum pay range so candidates know the ____________________. Select one: a. market survey rates b. skill-based needed c. compa-ratio d. pay policy line e. pay grade

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When posting a job vacancy, it is important to post the minimum, midpoint, and maximum pay range so candidates know the pay grade.

What is a pay grade?

Pay grade shows or indicates the benefits or the amount of payment an individual is entitled to while doing a job.

It shows the amount an employer will give base on the Job done.

Therefore, When posting a job vacancy, it is important to post the minimum, midpoint, and maximum pay range so candidates know the pay grade.

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Which type of utility can only be added by the maker of the product?
A. Place utility
B. Possession utility
C. Form utility
D. Time utility

Answers

C. Form utility is the one that can only be added by the maker of the product

Answer:

C

Explanation:

Trust me i just took the test

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