Answer:
have a comparative advantage in the productive activity.
Explanation:
A person has comparative advantage in production if it produces at a lower opportunity cost when compared to other people. It means that the person is more efficient in the production of that good when compared with other people.
For example, farmer A produces 10kg of lettuce and 5kg of wheat. Country B produces 5kg of lettuce and 10kg of wheat.
for farmer A,
opportunity cost of producing lettuce = 5/10 = 0.5
opportunity cost of producing wheat = 10/5 = 2
for farmer B,
opportunity cost of producing lettuce = 5/10 = 0.5
opportunity cost of producing wheat = 10/5 = 2
Farmer A has a comparative advantage in the production of lettuce and farmer B has a comparative advantage in the production of wheat
Farmer A should produce lettuce and farmer B should produce wheat in order to maximise output
Grace is a very ethical person and is good at her job. She works hard and always stays long hours at her office in Washington DC. Grace has worked her job diligently for the last four years, but has now lost it and needs to look for something else to do. She is not worried, however, because this is typical for her career and has happened to her before. What most likely describes why Grace lost her job? Grace was appointed to her job by a political party that was no longer in power. Grace was fired for failing to perform at work. Grace was fired for not behaving appropriately at work. Grace was appointed to her job and decided to look for other work within the field.
Considering the situation described above, the statement that most likely explains why Grace lost her job is "Grace was appointed to her job by a political party that was no longer in power."
This is because Grace was said to be working in Washington, D.C., the capital of the United States, where political jobs are abundant.
Also, since she worked for four years before losing the job, that implies the tenure of the political party that appointed her elapsed.
Similarly, given that she is not worried about her situation, and it's typical of her career, she knows when her political party comes back to power, she will get a job again
Hence, in this case, it is concluded that the correct answer is option A. "Grace was appointed to her job by a political party that was no longer in power."
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In the situation given above, Grace has lost her job because she was working in a political party that is no longer in power.
What did Grace's unemployment show?
Grace is working in Washington, DC. It is the capital and political with plenty of political jobs. Grace has been working diligently for the last 4 years and never faced any complaints and worked ethically.Grace has now lost her job and she is not worried because it is typical in this kind of job, and she knows when the political party will be in power, she will gain her job back.Thus, the correct answer is Option A, Grace was appointed to her job by a political party that was no longer in power.
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12. What happens when GDP does not do well?
A. There is a decline in the number of Americans that invest in foreign sectors.
B. The rest of the economy suffers with it.
C. There is a rise in the overall level of consumerism.
D. National debt levels begin to trend in unpredictable directions.
Answer:
B. The rest of the economy suffers with it
Explanation:
On the other hand, if gross domestic product is falling, the economy might be in trouble, and the nation is losing ground. Two consecutive quarters of negative GDP typically defines an economic recession.
Answer: I think the rest of the economy suffers with it
Explanation:
For approximately how many seconds does 2022 versa’s hill start assist hold the brakes?
The Nissan Versa has a starting assistant that lasts at least 3 seconds so that the driver can easily start on slopes.
What is the hill start assistant?The hill start assistant is a technological and mechanical device that has been implemented in several cars worldwide to prevent the car from rolling back due to gravity and inertia.
Hill Start Assist allows the driver to start on a hill without worrying about backing up. This development has prevented several accidents and is a good invention for those who are just starting to drive.
One of the cars that have this development is the Nissan versa 2022. This car offers a hill-start assistant that allows the driver to have at least 3 seconds to start the car on a slope without the car backing up.
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Define a total system inventory. Multiple choice question. It is the period of time when an unknown amount of inventory is on hand. It is the sum of the inventory held across all of the locations in a company. It specifies the amount of risk of incurring a stockout that a firm is willing to incur. It is a fixed time period that passes between inventory reviews.
Answer:
It is the sum of the inventory held across all of the locations in a company.
Explanation:
Total system inventory is a business term that is used in describing the total sum of the inventory held by a particular company across all of the locations in which that company is situated regardless of whether vacant or rented.
Hence, in this case, the correct answer is option B
Some argue that ____________ is actually in the long-term best interests of the corporation. This argument, referred to as ____________, is based on the notion that socially responsible corporations benefit by creating ____________ for themselves, thus motivating consumers to purchase their products, investors to buy their stock, and lawmakers to grant them further legal advantages.
Answer:
social responsibility; enlightened corporate self-interest; goodwill.
Explanation:
Corporate social responsibility (CSR) can be defined as a strategic management concept which typically involves socially contributing to the growth and development of the people, community and the world at large. Thus, it's an organization's obligation to act in a manner that benefits and adds significant value to the society, usually it has its business operations.
Some examples of CSR programs are building of roads, provision of electricity, water supply, establishing health care centers, awarding scholarships, etc.
A corporation can be defined as a corporate organization that has facilities and owns or controls assets used for the production of goods and services in at least one country other than its headquarter (home office) located in its home country.
Corporations can be sold to investors through stocks or shares, as a public entity. Thus, a company that engages in the sales of ownership shares to many investors is referred to as a corporation.
Actually, some economists argue that social responsibility is in the long-term best interests of any corporation that is engaged in it. This argument is simply referred to as enlightened corporate self-interest, posits that a corporation that is socially responsible benefit by creating goodwill for itself. Consequently, this would motivate consumers to purchase its products, investors to buy its stock, and lawmakers to grant the corporation further legal advantages.
3. A fine-dining restaurant has been making every- thing from scratch for the five years it has been open; it is the only operation in the area known for scratch- cooking. The management hires a new chef who does a make–buy analysis only to discover that she can get much better pricing on many of her products if she buys them premade. After a tasting comparison, she discovers that the premade products are of high quality and taste only slightly different from her own. Should she switch to the premade products? Would your answer be different if this decision took place when the restaurant first opened?
Answer:
No
Explanation:
The premade products could have been contaminated with any type of disease because she doesn't know what went inside whereas making it from scratch means she is able to monitor and remove and contaminated product.
:)
The Director of Information Technology for the city of Tampa, Florida formed a company to sell computer supplies and software. All purchases made on behalf of the City were made from her company. She was later charged with fraud for overcharging the City, but was not convicted by a jury. The control issue in this case arose because the Director had both ________ and ________ duties.
Answer:
1. Recording
2. Authorization
Explanation:
Based on the scenario described above, it can be concluded that the control issue, in this case, arose because the Director had both RECORDING and AUTHORIZING duties.
This is because, for the Director of Information Technology for the city of Tampa, Florida not to have been convicted by a jury regardless of what she did, she must have followed the Segregation of Duties accordingly. This is a means of reducing the errors or fraudulent activities of employees.
And given she has a RECORD of transactions to prove her innocence and at the same time, she has AUTHORIZATION or the approval to supply the software, and hence, she is not guilty of the accusation.
Manuel Tores, a senior manager at Crawford Export Logistics, goes to France to negotiate a deal with the company's French partners. He dresses casually in a t-shirt and jeans. His French counterparts call off the meeting and accuse him of taking a casual attitude toward negotiations. In this scenario, dressing formally during business meetings is probably a cultural ________ for the French.
In the given scenario, formal dressing during the business meeting should be a cultural imperative for the french.
A cultural imperative should be
Cultural norm.Cultural custom.Cultural behavior.Where everyone should abide by what belongs to the culture.
It should be confirmed in order to become successful. An example is the building of a relationship.Since in the french culture wearing a formal dress while having a business meeting should become important so each and everyone should follow it.
So we can conclude that In the given scenario, formal dressing during the business meeting should be a cultural imperative for the french.
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For every A you earn on your report card, your grandma gives you a twenty dollar bill. This is an example of
Answer:
a positive incentive I think
Explanation:
Which situation best illustrates an effect of globalization?
A. A chef from China opens traditional Chinese restaurants in
Europe.
B. A politician from Australia promises to lower taxes for all citizens.
C. A pilot from the United States flies passengers all around the
country
D. A butcher in Tanzania only accepts meat raised on local ranches.
Answer:
a
Explanation:
the chinese restaurant may offer traditional food where people in Europe might enjoy food with chopstick
Evelyn paid a $700 annual premium for a business overhead expense policy that paid a monthly benefit of up to $4,000 for a benefit period of 6 months. When Evelyn became disabled she used the entire benefit for 3 months, which covered $8,000 of employee salaries, as well as $3,000 in rent and utilities. This means that the amount of the benefits which was reported as income equaled ______________.
Answer:
$12,000
Explanation:
Calculation to determine the benefits which was reported as income
Using this formula
Benefit reported as Net income=Overhead expense policy Monthly benefit
+Entire benefit for 3 months Employee Salaries
Let plug in the formula
Benefit reported as Net income=$4,000+$8,000
Benefit reported as Net income=$12,000
Therefore This means that the amount of the benefits which was reported as income equaled $12,000
The assumption that preferences are complete: Group of answer choices means that a consumer will spend her entire income. means that the consumer can compare any two market baskets of goods and determine that either one is preferred to the other or that she is indifferent between them. is unnecessary, as long as transitivity is assumed. recognizes that there may be pairs of market baskets that cannot be compared.
Answer:
means that a consumer will spend her entire income. means that the consumer can compare any two market baskets of goods and determine that either one is preferred to the other or that she is indifferent between them
Explanation:
In the case when the presumption is to be considered as completed means that the consumer would able to spend her overall income. That means the consumer could compared any kind of two markets for the goods and measures which one is to be preferred over the other or it is indifference between them
So as per the given situation, the first option is correct
The marketing strategy that a company adopts: a. has little impact on the company's efficiency and cost structure. b. aims at attaining superior efficiency of the company's operations. c. should not take into account the impact the strategy has on the company's cost structure. d. aims at automating much of the work in the production process. e. refers to the position that the company takes with regard to a product's pricing and distribution.
Answer:
e. refers to the position that the company takes with regard to a product's pricing and distribution.
Explanation:
When a company produces a good or service it need to come up with a way of making it available to the customer at a profitable price. This is called marketing strategy.
Marketing strategy is defined as the overall plan that a company uses to reach consumers with their products with a view of making them customers.
It contains the brand message, value proposition, data on demographics of the consumer, distribution method, and pricing
An investor wishes to construct a portfolio consisting of a 70 percent allocation to a stock index and a 30 percent allocation to a risk-free asset. The return on the risk-free asset is 4.5 percent, and the expected return on the stock index is 12 percent. The standard deviation of returns on the stock index is 6 percent. Calculate the expected standard deviation of the portfolio.
Answer:
the standard deviation is 4.2%
Explanation:
The computation of the standard deviation of the portfolio is given below:
expected standard deviation of the portfolio is
= Allocation percentage of stock index × standard deviation of returns on the stock index
= 0.70 × 6%
= 4.2%
Hence, the standard deviation is 4.2%
Eduardo arranged for his employees to acquire the education and tools they need to make decisions on their own. He is now confident that his employees will be able to handle more tasks independently, without extensive managerial assistance. What can be said about Eduardo?
Answer:
Eduardo enabled them and encouraged empowerment.
Explanation:
Training can be defined as a learning process which typically involves teaching an individual or group of people skills that are relevant to their job position or roles in an organization.
Similarly, development can be defined as a strategic process which typically involves acquiring skill-sets, behaviors, and knowledge that enhances the ability of a worker (employee) to stay relevant in the industry, as well as meet changes with respect to job requirements, unending customer demands, and client support.
The main purpose of a training is to improve an employee's performance in his or her place of work while development is focused on preparing an employee for higher positions available in an organization.
In this scenario, Eduardo enabled his employees and encouraged empowerment.
Basically, he enabled the employees by facilitating a training where they acquired the requisite education and tools they need to make decisions on their own. Also, he empowered them because they can now handle more tasks independently, without extensive managerial assistance.
how are 2022 versa’s available safety shield technologies enabled or disabled?
The versa's safety shield technologies are factory-fitted, thus, are automatically enable while the car is on.
The safety shield is a mechanism created to minimize hazards while on motion.
The popular features of vehicle with the safety shield technology includes
blind spot warningcollision warningautomatic emergency braking etcIn conclusion, the versa's safety shield technologies are factory-fitted, thus, are automatically enable while the car is on.
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Fiscal policy refers to the ________using_________
to affect the economy.
Congress and the president, taxes and spending
Forte
The Federal Reserve, taxes and spending
The Federal Reserve, interest rates
Congress and the president, interest rates
The Federal Reserve, the money supply
Answer:
Congress and the president, taxes and spending.
Explanation:
Fiscal policy refers to the Congress and the president using taxes and spending to affect the economy.
Fiscal policy in economics refers to the use of government (Congress and the president) expenditures (spending) and revenues (taxation) in order to influence macroeconomic conditions such as Aggregate Demand (AD), inflation, and employment within a country. Fiscal policy is in relation to the Keynesian macroeconomic theory by John Maynard Keynes.
Generally, a fiscal policy affects combined demand through changes in government policies, spending and taxation which eventually impacts employment and standard of living plus consumer spending and investment.
Juan earns a gross pay of $44,500. His employee benefits are 18% of his gross pay. What is the value of his benefits?
Answer: I think its $8,100
Explanation:
i hope it helps
What other things do you think are important to consider when funding a business why are they important
Answer:
the profitability of the business
Explanation:
to enable you to know the ability of the business paying you back
Which is an example of a demander of U.S. currency? Foreign firms that have sold imported goods in the United States, earned U.S. dollars, and are trying to pay expenses incurred in their home countries Foreign investors who wish to make direct investments in the United States economy U.S. tourists leaving to visit other countries U.S. investors who want to make foreign direct investments in other countries U.S. exporting firms that earned foreign currency and are trying to pay U.S.-based expenses
Answer:
Foreign investors who wish to make direct investments in the United States economy
Explanation:
A demander of US currency is an individual or person who would need the dollars to carry out transactions
An investor that would want to carry out a FDI would need US dollars to carry out her transaction because the investment would need to be conducted in dollars
Foreign direct investment (FDI) can be described as when a firm or an individual in one country makes an investment in a business interest in another country.
Foreign direct investment usually takes two form :
the investor sets up a business in the foreign country
the investor acquires foreign assets in the foreign country.
An example is when a US firm establishes a new business in another country.
List the steps of the segmenting and targeting process (put the first step on top). Instructions Choice 1 of 5. Select target markets toggle button Select target markets Choice 2 of 5. Group potential buyers into segments toggle button Group potential buyers into segments Choice 3 of 5. Develop a market-product grid and estimate the size of markets. toggle button Develop a market-product grid and estimate the size of markets. Choice 4 of 5. Group products to be sold into categories toggle button Group products to be sold into categories Choice 5 of 5. Take marketing actions to reach target markets toggle button Take marketing actions to reach target markets
Answer:
1. Group potential buyers into segments.
2. Group products to be sold into categories.
3. Develop a market-product grid and estimate the size of markets.
4. Select target markets.
5. Take marketing actions to reach target markets.
anet is the secretary to the CEO. The CEO uses the corporateanet is the secretary to the CEO. The CEO uses the corporate jet to travel to locations where he acts as a private consultant. Janet knows that he does not disclose his consulting activities or the use of the corporate jet for personal gain, and she decides to make the CEO's activities public by alerting the board of directors. Janet is a(n) jet to travel to locations where he acts as a private consultant. Janet knows that he does not disclose his consulting activities or the use of the corporate jet for personal gain, and she decides to make the CEO's activities public by alerting the board of directors. Janet is a(n)
Answer:
whistleblower
Explanation:
whistleblower can be regarded as person, employee , workers in any company as well as government agency, that is responsible forget disclosure of information to higher authority , or disclosure to the public about a particular wrongdoing that is going on. This wrong doing could be fraud or corruption. whistleblowers can be from internal or external environment.
Skysong Company is considering two capital investment proposals. Estimates regarding each project are provided below: Project Soup Project Nuts Initial investment $400000 $600000 Annual net income 18000 34000 Net annual cash inflow 96000 119000 Estimated useful life 5 years 6 years Salvage value 0 0 The company requires a 10% rate of return on all new investments. Present Value of an Annuity of 1 Periods 9% 10% 11% 12% 5 3.89 3.791 3.696 3.605 6 4.486 4.355 4.231 4.111 The annual rate of return for Project Soup is
Answer:
20%
Explanation:
Calculation to determine The annual rate of return for Project Soup is
Annual rate of return = [(Current Value of Investment - Initial Investment for one year )/Initial Investment for one year )]*100
Let plug in the formula
Annual rate of return= (($96000 - $80000) / $80000) * 100
Annual rate of return= ($16000 / $80000) *100
Annual rate of return= 20%
Workings:
Calculation to determine the Initial Investment for one year
Initial Investment for one year = $400000 / 5 year
Initial Investment for one year = $80000
Therefore The annual rate of return for Project Soup is 20%
Which of the following would represent the As-Is movie rental business process in 2010?Multiple ChoiceCustomer enters store, customer chooses movie, and customer pays for rental.Customer researches movie rental database online, customer chooses movie, customer picks up movie at movie store.Customer researches movie rental database online, customer chooses movie, and supplier ships movie to customer.All of these are correct.
Answer: All of these are correct
Explanation:
Customer enters store, customer chooses movie, and customer pays for rental, Customer researches movie rental database online, customer chooses movie, customer picks up movie at movie store, Customer researches movie rental database online, customer chooses movie, and supplier ships movie to customer.
The effects of tariffs and quotas are: a(n) __________ in consumers' surplus, and a(n) __________ in producers' surplus.
Answer:
decrease; increase
Explanation:
Swisher, Incorporated reports the following annual cost data for its single product: This product is normally sold for $48 per unit. If Swisher increases its production to 50,000 units, while sales remain at the current 30,000 unit level, by how much would the company's income increase or decrease under absorption costing
Answer:
$60,000 increase.
Explanation:
Calculation to determine by how much would the company's gross margin increase or decrease under absorption costing
First step is to calculate FOH per unit at 30,000 unit level
FOH per unit=$150,000/30,000 units
FOH per unit = $5 FOH per unit
Second step is to calculate FOH per unit at 50,000 unit level
FOH per unit=$150,000/50,000 units
FOH per unit= $3 FOH per unit
Now let determine by how much would the company's gross margin increase or decrease under
Gross margin=($5 - $3)*30,000
Gross margin = $2 x 30,000
Gross margin = $60,000 increase
Therefore by how much would the company's gross margin INCREASE under absorption costing is $60,000
At a ski resort located over one hour from the nearest large town, there is only one grocery store and it charges prices more than 200% percent above the typical retail prices. In the long run, we would expect that: Group of answer choices demand will decrease since people will not want to pay the high prices. another store will open that will charge lower prices. another store will open that will charge equally high prices since competition is low. the store will continue to earn high profits even in the long run since the size of the market is small.
Answer:
another store will open that will charge lower prices.
Explanation:
The only grocery store can be classified as a monopoly.
A monopoly is when there is only one firm operating in an industry. there are usually high barriers to entry of firms. the demand curve is downward sloping. it sets the price for its goods and services.
An example of a monopoly is a utility company
In the long run, if another store opens, the industry would become a duopoly
A duopoly is when there are two firms operating in industry.
The new store would charge lower prices in order to increase its customer base
Behavioral targeting is the practice of ______. Multiple choice question. visiting a retail store to inspect merchandise but them purchasing online using information from cookies for directing online advertising from marketers to online shoppers forwarding a marketer-initiated message to others via electronic channels posting video blogs of merchandise purchase
Answer:
using information from cookies for directing online advertising from marketers to online shopper
Explanation:
which of rockwell’s paintings reached a record sale price?
"Saying grace" sold for, $46 million dollars.
Which of the following is considered one of the biggest advantages of online marketing?
ability to be individually tailored
ability to cultivate relationships
relatively low cost
ability to get immediate action
Answer:
Ability to cultivate Relationships .Online marketing allows you to create new relationships in a targeted way that simply wasn't possible twenty years ago