It can be mutually advantageous for two nations to specialize in goods for which they have a relative advantage and then trade with one another. Absolute advantage is the basis of the potential gains from specialization and trade.
What does it mean for a producer to have comparative benefit?
Comparative advantage is a requirement of a producer where it is better suited for the production of one good than another good. Good A can be made more efficiently than good B, for example. This comparison is done in terms of the option costs of each good, not in terms of pure production costs.
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What are the two measurements used in the bcg matrix to classify strategic business units?
The 2 measurements used in the bcg matrix to classify strategic business units includes:
relative market sharemarket growth rate.What is the bcg matrix?This refers to the model that is used to analyze a business’s products to aid with long-term strategic planning. It helps companies to identify new growth opportunities and decide how they should invest for the future.
The BCG matrix is an essential tool used internally by management to assess the current state of value of a firm's units or product lines, it also aids the company in deciding which products or units to either keep, sell, or invest more in.
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Answer:
Relative market share, market growth share
Explanation:
If you want to take advantage of compound interest, what should you do when an investment produces interest? a. use the interest to pay your bills. b. reinvest the interest. c. put the interest in a savings account. d. put the interest in a checking account. please select the best answer from the choices provided a b c d
The best answer from the given option is reinvest the interest. (b)
When you choose to reinvest the interest got from an investment,, you have higher chances of getting more and higher interest for bigger and profitable investments.
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A free market is a market with ________ government restrictions on how a good or service can be produced or sold and with ________ government restrictions on how a factor of production can be employed.
'A free market is a market with few government restrictions on how a good or service can be produced or sold and with few government restrictions on how a factor of production can be employed.
In economics, the free market is an idealized cognitive model of an economic system in which the prices of goods and services are determined by the supply and demand of sellers and buyers. Such market as modeled works without intervention of government or other external agencies.
Economists define a free market as a market in which products are exchanged between willing buyers and sellers. Purchasing food at prices set by farmers is a good example of economic interaction. Paying an employee a monthly salary is another case where economic exchange takes place.
The opposite of a free market economy is a planned, controlled, or command economy. Governments control the means of production and the distribution of wealth, determine the prices of goods and services, and determine the wages received by workers.
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An analyst collects data on the weekly closing price of gold throughout a year. the scale of this data is: ________
a) ratio scale.
b) ordinal scale.
c) interval scale.
d) nominal scale.
An analyst collects data on the weekly closing price of gold throughout the year. The scale of this data is the ratio scale. A sort of variable measurement scale that is quantitative in nature is the ratio scale. It enables any researcher to contrast the ranges or variations.
The fourth level of measurement, the ratio scale, has a zero point or character of origin. Point zero, where the variable's value has no value at all, is a feature of a ratio scale. In order to measure a ratio between any two variables, point zero is a necessary component. All of the scientific variables are calculated using this scale.
Point zero, where the variable's value has no value at all, is a feature of a ratio scale. In order to measure a ratio between any two variables, point zero is a necessary component; otherwise, there is no ratio.
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Which is a good example of differentiated instruction? giving every student a different subject area goal to work toward teaching students in several different grades at the same time requiring students to come up with many ways to solve the same problem assigning a project but letting students complete it any way that they want
Differentiating instruction may entail having the teacher offer lessons at various degrees of difficulty depending on the aptitude of each student, or it may entail presenting the same topic to all students using a range of instructional methodologies.
Differentiation refers to modifying instruction to accommodate student requirements. This approach to instruction is effective because it uses ongoing evaluation and flexible grouping, regardless of whether teachers differentiate material, process, products, or the learning environment. The concept of differentiated teaching has its origins in the one-room schoolhouse era, when all pupils, regardless of age, were taught in the same classroom by the same instructor. Children of the same age were thought to study equally as the educational system changed to graded schools.
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B. the budgeted indirect-cost driver rate for y based on the number of machine-hours is in excess of x by ________per machine hour.
The budgeted indirect-cost driver rate for y based on the number of machine-hours is in excess of x by $10 per machine hour.
Indirect Costs
Any expense that is indirectly connected with two or more final cost objectives or an intermediate cost target rather than directly with a single, ultimate cost objective is referred to as an indirect cost. It is not considered to be a direct cost. Indirect costs are those that must still be assigned to the various cost objectives after direct costs have been identified and charged directly to the contract or other job. If additional costs incurred for the same purpose under comparable conditions have been included as a direct cost of that or any other final cost aim, no indirect costs may be assigned to that objective.
The budgeted indirect-cost driver rate for y based on the number of machine-hours is in excess of x by
X = $300,000 / 30,000 mh
= $10.
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A common challenge writers face with adjustment letters is deciding whether or not to issue an _________________ as part of the message.
A common challenge writers face with adjustment letters is deciding whether or not to issue an apology as part of the message.
What is apology?
An apology is an expression of regret or remorse for one's acts, while making an apology is the manner of creating apologies. it is able to be known as announcing sorry in informal settings. The cause of creating an apology is regularly to are seeking forgiveness, reconciliation, and the repair of the connection between the parties to a war.whilst one individual has insulted the opposite, the nature of apologizing includes at least different folks.The attribution principle states that presenting an apology as quickly as viable reduces discussion war of words and improves verbal exchange pleasure. The outcome and the technique of forgiving are impacted by using how the apology is added. as an example, expressing honest remorse in an apology normally helps a quicker decision of conflicts and the eradication of unsightly emotions. there are many ramifications and moral guidelines that organizations and organizations may adhere to while coping with a crisis.To learn more about apology visithttps://brainly.com/question/2236259
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________ is the number of months the business can survive at its current rate of negative cash flow.
TIME OUT OF CASH is the number of months the business can survive at its current rate of negative cash flow.
The business owner must project the total amount of cash required to operate the company up until it generates break-even cash flow.
Time out of cash is relevant to Financial Feasibility.
TIME OUT OF CASH is the number of months the business can survive at its current rate of negative cash flow.
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A treasury security in which periodic coupon interest payments can be separated from each other and from the principal payment is called a:________
A STRIP is a Treasury securities that allows periodic coupon interest payments to be decoupled from one another and from principal payments.
Nothing communicates the safety of primary more effectively than Treasury securities when it comes to conservative investments. These products have served as the last line of defense against any potential principal loss for decades, serving as a stronghold of safety in the turmoil of the investing markets. These assets' guarantees are in fact considered as one of the major pillars of both the local and global economies, and they are appealing to both individual and institutional investors for a variety of reasons.
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When a company uses cost-plus pricing, they consider both the costs of production and the desired profit.
A. True
B. False
It is a false statement that a company consider both the costs of production and the desired profit when it uses cost-plus pricing.
What is a pricing?It means the decision-making process that goes into establishing a value for a product or service. Different strategies are used by business when setting prices but they are all a form of pricing. The price that was set during the pricing process is what the customer will pay for that product or service.
The cost-plus pricing, which is called a markup pricing is the pricing method where a fixed percentage is added on top of the cost it takes to produce one unit of a product, hence, the resulting number is the selling price of the product.
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Macrophage type 1 is now considered to be inhibitory to proper healing by prolonging the inflammatory reaction?
Yes, the macrophage helps to repair typically healed wounds, however in some situations, this pleotropic cell type may encourage excessive inflammation or fibrosis.
Although the macrophage is a significant inflammatory cell in wounds, little is known about how it contributes to healing.
The macrophage helps to repair typically healed wounds, however in some situations, this pleotropic cell type may encourage excessive inflammation or fibrosis.
Recent research indicates that the aetiology of nonhealing and poorly healing wounds includes dysfunctional macrophages.
Pro-inflammatory macrophages are present during inflammation. They clean the wound and get it ready for healing by phagocytosing bacteria and dead cells. Pro-wound-healing macrophages are present during proliferation. Both membrane-bound signals sent by TH1 cells that are activated and the potent macrophage-activating cytokine IFN- produced by T cells that are activated can activate macrophages. The macrophage may eliminate ingested and intracellular germs once it is activated.
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When software is purchased, a _____ is being bought that gives the purchaser the right to use the software under certain terms and conditions.
The correct answer is Software License.
A software license is a legal contract that stipulates rules for the distribution and usage of software.
What does the term "software license" mean?A software license is a piece of written legal documentation that controls how software is used or distributed. In most cases, software licenses grant end users the freedom to make one or more copies of the software without infringing on copyrights.
Are software licenses beneficial?Depending on how it is installed or accessible, how it is licensed, how it is used, and any other parts or services it includes, software may be both a good and a service.
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Officers who are responsible for supervising prison inmates in housing areas are called _____.
Correctional Officers (COs) are in charge of keeping an eye on those who have been found guilty of a crime and ordered to serve time in a penal institution.
A prison officer, also known as a corrections officer, is a uniformed member of law enforcement who is in charge of maintaining the safety, custody, and discipline of prisoners. They are in charge of the care, custody, and supervision of those who have been found guilty of a crime and given prison sentences. Along with other law enforcement duties, they are in charge of the facility's and its property's protection. Although some are employed by private organizations that provide jail services to the government, the majority of prison officers or corrections officers are employed by the government of the jurisdiction in which they work.
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__________ is gathering primary data by asking people questions about their knowledge, attitudes, preferences, and buying behavior.
Survey research is gathering primary data by asking people questions about their knowledge, attitudes, preferences, and buying behavior.
A survey is a set of questions used in human subject research with the goal of gathering specific information from a certain population. Surveys can be carried out via the phone, by mail, online, at street corners, and even in shopping centres.What is a good illustration of survey research?Imagine, for instance, that a researcher wants to find out about teens' eating patterns. In that instance, to confirm the accuracy of the data gathered, he or she will observe a sample of youngsters for an extended period of time. A longitudinal study is frequently followed by cross-sectional survey research.To Learn more about survey research, Click the links.
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A ______ pe ratio may indicate that investors believe a company has better prospects for future growth in earnings.
Investors may assume a company has better chances for future earnings growth if they see a higher PE ratio.
What does the PE ratio indicate?
Earnings per share (EPS) can either be dispersed as dividends to shareholders or reinvested in the company to increase future sales and EPS, which will result in capital growth. The PE ratio is the amount that investors are willing to spend on an EPS of Rs. 1 for the company. The share price increases and vice versa if future earnings are anticipated to increase. The PE ratio increases if the share price increases more quickly than the rate of profits growth.
The PE ratio goes low if the share price declines considerably more rapidly than earnings. A stock with a high PE ratio is pricey and may see a decline in value in the future. A stock is considered cheap and may increase in value in the future if the PE ratio is low. As a result, the PE ratio is particularly helpful when choosing an investment strategy.
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Stair company accepted a credit card with a fee for services rendered. as a result of this transaction ______.
Stair company accepted a credit card with a fee for services rendered. The transaction resulted in: a) total assets rose; b) shareholders' equity raised, and c) documented revenue surpassing accounts receivable.
Can a company turn down credit card purchases?Business owners are allowed to refuse credit cards as payment under both state and federal law. Many businesses decide to establish a minimum purchase requirement for credit cards, meaning that customers who want to make smaller purchases will need to pay in cash.
Increasing cash flow is crucial for business expansion, and accepting credit cards is a guaranteed method to do so while also shortening the time it takes for your company to receive payment. Most credit card payments fund far more quickly than other payment methods like ACH or checks.
Only balance sheet accounts—a debit to Allowance for Doubtful Accounts and a credit to Accounts Receivable—are impacted by the entry to write off a bad account. Because this write-off is "covered" by the earlier adjusting entries for expected bad debts expenditure, there is no expense or loss declared on the income statement.
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One of the likeliest places to be involved in a property-damage only accident is?
Place your car in "park."
Defend you against approaching traffic.
When a vehicle collision occurs, it might be stressful, but it's crucial to keep in mind that your safety is always the top priority. Immediately upon being involved in a collision, keep in mind the following advice:
Verify your own health and the health of any passengers.
If you require medical asisstance or can't move your car, call "911" and follow the operator's instructions.
You should relocate to a safe area (such as the closest shoulder, the median, or the rightmost lane of the road) before exiting your car to examine the situation if it is still operational and neither you nor any of your passengers have been hurt.
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Differences in the way company employees interact with each other and with customers and the behavior that is expected by their managers are examples of ______.
Differences in the way company employees interact with each other and with customers and the behavior that is expected by their managers are examples of organizational culture. Therefore, the option A holds true.
What is the significance of organizational culture?An organizational culture can be referred to or considered as the type of environment that exists in the surroundings of an organization. An organization is defined by the culture that exists inside it.
Therefore, the option A holds true and states regarding the significance of organizational culture.
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The incomplete question has been completed below for better reference.
Differences in the way company employees interact with each other and with customers and the behavior that is expected by their managers are examples of ______. A. organizational culture B. social values rules and regulations C. individual differences
A firm with a 26 percent return on equity earned ______ cents in profit for every one dollar in shareholders' equity.
A firm with a 26 percent return on equity earned 26 cents in profit for every one dollar in shareholders' equity.
What is return on equity?
The return on equity measures the rate of return on shareholders' equity based on the net income earned by the company, in other words, it is determined as the net income or earnings divided by the shareholders' equity
return on equity=net income/shareholders' equity
return on equity=26%
net income=unknown(assume it is x)
shareholders' equity=100 cents($1=100 cents, since the earnings were expressed in cents)
26%=net income/100 cents
net income=26%*100 cents
net income=26 cents
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The investment spending category of gross domestic product (gdp) does not include:_________
The investment spending category of GDP does not include purchases of new equipment.
The total monetary or market worth of all the finished goods and services produced within a nation's boundaries during a certain time period is known as the gross domestic product (GDP). It serves as a thorough scorecard of the state of the economy in a particular nation because it is a broad indicator of total domestic production.
Even while GDP is frequently estimated on a yearly basis, it can also be calculated quarterly. For instance, the government of the United States produces an annualized GDP estimate for both the calendar year and each fiscal quarter. Each piece of data in this report is presented in real terms, which means that it has been adjusted for price changes and is therefore net of inflation.
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What are the expectations placed on top managers today, unlike those placed on traditional top-level management positions in the past? (choose every correct answer.)
The expectations placed on top managers today:
Top managers today are expected to be True organizational leaders.Those are placed in traditional top-level management positions in the past:
Top managers today are expected to create and articulate a broader corporate purpose to which people can identify and commit.What skills do managers need today?Ability to inspire othersResilienceRelationship-buildingSelf-awarenessRecognitionStrategic thinkingEffective communicationConstructive criticismTo learn more about Top managers, refer
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The sale of sensitive or confidential company information to a competitor is known as _______.
The sale of sensitive or confidential company information to a competitor is known as industrial espionage.
What is Confidential Company Information?Employees are frequently restrained from sharing sensitive information with outside parties by confidentiality agreements.
Any information a business owner wants to keep private is considered confidential information. Most frequently, whether information should be considered confidential depends on the specifics of each situation, based on the necessity and significance of nondisclosure. This indicates that corporate secrecy can exist both internally and externally, and it includes information about people's personal, professional, and trade secrets.
Internal business information discussed between the firm owner and another person is referred to be confidential and either cannot or shouldn't be disclosed to a third party without the owner's express permission.
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Describe the four types of animal eggs based on the amount and distribution of their yolk
Homolecithal Eggs, Telolecithal Eggs, Meiolecithal Eggs and Centrolecithal Eggs are the four types of animal eggs based on the amount and distribution of their yolk.
What is the yolk distribution?Egg yolks with an even distribution are said to be isoecithal. All mammals, with the exception of the smallest, and invertebrates alike are affected by this disease. Eggs classified as telolecithal have a significant amount of yolk contained in just one hemisphere.
All vertebrates below marsupial mammals as well as numerous invertebrates experience this. The ability of the yolk to affect cleavage increases with the amount of yolk in the egg does by obstructing the cytoplasmic movements required for mitosis.
Thus, the name of the eggs are written above.
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Select all that apply what factors that affect a sales manager's performance are outside the manager's control? (choose every correct answer.)
Successful competition AND a downturn in the economy have an impact on a sales manager's success and are beyond their control.
Why is control management so important and what does it entail?
Controlling and directing employees' behavior is one of a manager's most crucial responsibilities. For your organization's systems and processes to function properly, control management is essential.
Tightly managed management processes are never finished; they are always in progress. They don't just happen by mistake. All processes, big and little, combine to form the total, as NASA tragically learned in 1986 when the space shuttle Challenger exploded.
A seemingly basic decision-making procedure in the production of O-rings went wrong with the Challenger catastrophe. As your company expands and your daily operations get more complicated.
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The existence of financial middlemen and financial intermediaries increases the efficiency of the financial markets.
A. True
B. False
It is a false statement that the existence of financial middlemen and financial intermediaries increases the efficiency of the financial market
Who are financial intermediaries?This refers to those entities that acts as the middleman between two parties in a financial transaction such as a commercial bank, investment bank, mutual fund, or pension fund. They offer a number of benefits to the average consumer such as safety, liquidity, and economies of scale involved in banking and asset management.
However, It is a false statement that the existence of financial middlemen and financial intermediaries increases the efficiency of the financial market because only the buyers and seller influence an efficiency of the financial market.
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During which step of value chain analysis will the company discover whether or not it has a cost advantage, and why?
The company will discover whether or not it has a cost advantage during the second step.
Its in the second step because its at this stage when the company develops a competitive advantage by either reducing cost or adding value.
There it gives a company a good position to have a high competitive advantage and maximize profits.
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Rents of $750.00 per month on each unit of a 4-plex are current. for an october 16th closing, the rent proration on the settlement statement would be:________
Rents of $750.00 per month on each unit of a 4-plex are current. For an October 16th closing, the rent proration on the settlement statement would be $1,548.38 Credit Buyer & Debit Seller.
-Seller must pay buyer for the days the buyer owns the property, Oct 16 - 31, 16 days. $750 x 4 /31 = $96.77 per day x 16 = $1548.38
What does it mean to prorate your rent?The amount a landlord charges is referred to as "prorated rent" and is only applied to the days the unit is occupied when a resident occupies it for a short period of time (a month, week, day, etc.). Given that daily rates are frequently more expensive, it is based on monthly rates instead than daily rates.
You must first determine the daily rent in order to figure out how much prorated rent will be. Divide the overall rent payment by the number of days in a month to arrive at this. Then double the acquired daily rent amount by the number of days you will be occupying the property during that month.
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When preparing a journal entry for a transaction that affects retained earnings, the retained earnings account should be debited or credited directly rather than debiting or crediting the account which will ultimately cause retained earnings to change. True or false?.
When creating a journal entry for a transaction that impacts retained earnings, the retained earnings account should be debited or credited directly. The above statement is false
Describe a journal entry.
A corporation's financial transactions and the accounts they impact are both recorded in a journal. Since most businesses use a double-entry accounting system, every financial transaction has an impact on at least two accounts; one is debited and the other is credited. This indicates that a journal entry has an equal number of debit and credit entries.
To write a journal entry, read the transaction attentively and comprehend it. Choose which accounts need to be credited and debited before generating a journal entry. Write down the narrative (summarised description) for both the debit and credit transactions after entering the transaction in the journal.
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Accrued expenses are expenses incurred that are not yet paid or recorded. An adjusting entry made to record an accrued expense.
Accrued expenses are defined as unpaid or unrecorded charges. An adjusting entry is one that, by documenting an expense incurred, decreases income and increases liabilities.
An expense that has accrued before it has been paid is referred to as an expense and is sometimes referred to as an accrued liability. An estimated cost can differ from the supplier's invoice, which will show up later. When expenses are actually incurred, they are recorded as incurred rather than as paid in accordance with the accrual method of accounting.
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You have been offered providing proposal to an international manufacturing company which has:________
A business proposal letter is a letter that invites or suggests that two entities work together.
How to draft a letter of proposal for business
1. Make a corporate header
2. Clearly address the addressee
3. Include pertinent background details
4. Indicate the proposal's goal.
5. include a follow-up request
6. The letter should be properly closed.
7. Include any necessary supporting data.
What is a business proposal letter?
The partnership may take the form of contracts outlining the benefits it offers in exchange for the supply of goods or services. You can send a business proposal letter to potential customers to introduce your company and your offerings or as part of your response to a request for information about your business. An example of a business proposal letter is shown here:
to suggest a collaborationin order to offer marketing servicesrequesting sponsorshipto suggest an internal partnershipto offer a service or product that will solve a problemTo learn more about business proposal letter from the given link.
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