Business, 25.11.2021 14:00 ununoctrium4414
Which country is MOST likely to have a comparative advantage?
a. Country 1: Produces more grass seed using the same amount of labor and resources as other countries.
b. Country 2: Produces more cotton cloth with lower opportunity costs than its trading partners.
c. Country 3: Produces more beef and sells it at a higher price than any other country
d. Country 4: Produces more rice and sells it at a higher price than its trading partners
Answers: 2
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If a product goes up in price, and the demand for it drops, that product's demand is a. elastic b. inelastic c. stable d. fixed select the best answer from the choices provided
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If an investment has 35 percent more nondiversifiable risk than the market portfolio, its beta will be:
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Business, 22.06.2019 22:40, juicecarton
Effective capacity is the: a. capacity a firm expects to achieve given the current operating constraints. b. minimum usable capacity of a particular facility. c. sum of all the organization's inputs. d. average output that can be achieved under ideal conditions. e. maximum output of a system in a given period.
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Business, 23.06.2019 00:40, derisepicowe0fa
An upper-middle-class manager tends to have hostile relationship with the working-class employees in the firm because of his tendency to perceive himself as superior to them based on his class background. in this example, the manager exhibits: question 14 options: 1) class consciousness. 2) cultural awareness. 3) social mobility. 4) group orientation.
Answers: 3
Which country is MOST likely to have a comparative advantage?
a. Country 1: Produces more grass se...
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