jamaica and nicaragua can both produce coffee and black tea in the following amounts per hour per worker. coffee black tea jamaica 40 30 nicaragua 30 20 which country has an absolute advantage in the production of coffee?
Answers
Jamaica has an absolute advantage in the production of coffee as it is producing 10 more units than Nicaragua with same labor.
Absolute advantage refers to the capacity of an individual, business, region, or country to produce more of a good or service per unit of time with the same number of inputs, or to produce the same amount of a good or service per unit of time with fewer inputs, than its competitors. Absolute advantage can be achieved by manufacturing a product or service at a lower absolute cost per unit with fewer components, or by a more efficient approach.
Producers with different absolute advantages can almost always benefit more by areas of expertise, division of labor, and trade than producing and consuming in isolation. Comparative advantage, or the capability to manufacture goods and services at a lower opportunity cost, stands in contrast with absolute advantage.
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Related Questions
how do you manage scarce resources?
Answers
By setting the rations ahead of time and sticking to the intended plan as best as possible. Understand your limits to know how to measure the resources.
Which would be the LEAST helpful to you as you begin to explore future
careers?
trace careers in my family
O interview someone in a career I'm considering
research a career I'm considering
wait until I graduate high school to figure it out
Answers
Answer:
Waiting until you graduate high school to figure out your future career is the least helpful.
Answer:
D ( the last one )
Explanation:
Finding a career takes time. Its something that you love to do or passionate about. Waiting till high school isn't a good idea because your going to have lots of pressure and may ending up not getting a job. therefore the answer is D
1. You have determined that the Product ID attribute is irrelevant, and that you only care about Product Category 1 through 9 . Build a process that does the following: -Selects the Product Name, Product Category, and Price attributes (but not Product ID) -Removes all rows with Product Category =10 Show a screenshot of the Process panel. (You do not need to include the Parameters panel.) 2. Run your process from the previous question. Show a screenshot of the Statistics output in the Results view, with Price expanded (that is, with the histogram and deviation visible for the Price attribute). 3. Change the process to instead include ONLY Product Category 10. Re-run the process. What is the average Price of products in category 10 ? 4. A manager suggests looking at the correlation between Price and Product Category to see how those two attributes are related. Briefly (1-2 sentences), why is that a bad idea?
Answers
1. To build a process that selects the Product Name, Product Category, and Price attributes (but not Product ID) and removes all rows with Product Category =10,
follow the below steps:a. Select the columns to keep (Product Name, Product Category, and Price) and remove the Product ID column.b. Select Filter Rows from the toolbar or right-click menu.c. Drag the Product Category attribute into the filter row. Keep the Keep option and choose 1 through 9, then click OK.d. To remove Product Category 10 rows from the data set, we'll drag the filter to the canvas.
2. The process from the previous question should be run. After that, statistics should be shown with the Price expanded (that is, with the histogram and deviation visible for the Price attribute). The below picture is a screenshot of the Statistics output in the Results view.
3. To change the process to include ONLY Product Category 10 and re-run it, we need to perform the following steps:a. Remove the filter on Product Category that we created previously.b. Use the Filter Rows transformation to remove any rows that aren't Product Category = 10.c. Run the process to get the average price of products in category 10. The screenshot below shows the average price of products in category 10.
4. Correlation between Price and Product Category should not be examined since one is a numeric attribute and the other is a categorical attribute. To check the correlation between two variables, they must both be numeric attributes.
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which are contractionary fiscal policies? group of answer choices decrease in the money supply. increase taxation (t) and government spending (g). increase in t and decreases in g. decrease in t and increases in g. an increase in interest rates.
Answers
Contractionary fiscal policies include an increase in taxation (T) and a decrease in government spending (G).
Fiscal policy is the method by which a government adjusts its levels of spending in order to monitor and impact the economy's growth rate. Two key strategies can be used by a government to influence the economy: expansionary fiscal policy and contractionary fiscal policy.
Contractionary fiscal policy involves decreasing government spending or increasing taxes to reduce inflationary pressures. Contractionary fiscal policy is frequently implemented when an economy is overheating and inflation is increasing, as it serves to cool the economy and reduce inflationary pressures.
Additionally, when unemployment is low, contractionary fiscal policy may be implemented to avoid the creation of an economic bubble. A contractionary fiscal policy is the opposite of an expansionary fiscal policy, which involves increasing government spending or lowering taxes to encourage economic growth.
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once market segments have been defined and analyzed and target markets have been selected for development, the firm must turn its attention to creating, communicating, delivering, and exchanging offerings that have value to the target markets.
Answers
This process is known as positioning.
Once market segments have been defined and analyzed, and target markets have been identified for development, the firm must focus on developing, communicating, delivering, and exchanging offerings of value to the target markets—that is, positioning the product so that customers understand its ability to meet their needs and desires.
Market segmentation is a marketing strategy that identifies specific groups of consumers in order to present specific products or product lines to them in a way that appeals to their interests.
Demographic, psychographic, behavioral, geographic, and firmographic segmentation are the five methods for segmenting markets.
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A portion of the stockholders equity section from the balance sheet of Walland Corporation appears as follows: Assume that all the stock was issued on January 1 and that no dividends were paid during the first two years of operation. During the third year, Walland Corporation paid total cash dividends of $736,000. Compute the amount of cash dividends paid during the third year to each of the three classes of stock. Compute the dividends paid per share during the third year of each of the three classes of stock. What was the average issue price of each type of preferred stock?
Answers
A. The computation of the cash dividends paid during the 3rd year to each of the three classes of stock is as follows:
Cumulative Dividends: $540,000Non-Cumulative Dividends: $96,000Common Stock: $100,000.B. The computation of the dividends paid per share during the 3rd year for each of the 3 classes of stock is as follows:
Cumulative Dividends- Per Share: $13.50Non-Cumulative Dividends- Per Share: $12.00Common Stock- Per Share: $0.25.C. The average issue price of each type of preferred stock is as follows:
Cumulative preferred stock: $50Non-cumulative preferred stock: $100.How the dividends are computed:Total cash dividends paid = $736,000
9% Cumulative = $540,000 ($2,000,000 x 9% x 3 years)
12% Non-cumulative = $96,000 ($800,000 x 12%)
Common Stock = $100,000 ($736,000 - $540,000 - $96,000)
Dividends per share:9% Cumulative = $13.50 ($540,000 ÷ 40,000)
12% Non-cumulative = $12.00 ($96,000 ÷ 8,000)
Common Stock = $0.25 ($100,000 ÷ 400,000)
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Question Completion:Preferred stock, 9% cumulative, $50 par, 40,000 shares authorized, issued, and outstanding- $2,000,000
Preferred stock, 12% non-cumulative, $100 par, 8,000 shares authorized, issued, and outstanding- $800,000
Common Stock, $5 par, 400,000 shares authorized, issued & outstanding- $2,000,000
Total paid-in capital- $4,800,000
Sally owns a $1,000-par zero-coupon bond that has six years of remaining a. What is the expected price of the bond at the time of sale?
Answers
Answer:
$647.96
Explanation:
Sue the following formula to calculate the price of the bond at the time of sale
Price of Bond = Face value of the bond / ( 1 + Market interest rate )^numbers of years
Where
Face value of bond = $1,000
Market interest rate = 7.5%
Numbers of years = 6 years
placing values in the formula
Price of Bond = $1,000 / ( 1 + 7.5% )^6
Price of Bond = $647.96
when customers help themselves or pull information from a company, this process is called:
Answers
The process in which customers help themselves or retrieve information directly from a company is referred to as self-service.
Self-service is a customer-centric approach where individuals take an active role in finding the information they need or performing certain tasks without requiring direct assistance from company representatives. It empowers customers to access resources, interact with systems, and address their needs independently.
Self-service can take various forms, including online portals, interactive websites, knowledge bases, automated phone systems, and mobile applications. These platforms provide customers with tools and information to browse products, make purchases, track orders, resolve issues, and obtain relevant information.
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in a new margin account, a customer sells short 1,000 shares of abc at $15 per share and makes the required regulation t deposit. if the stock drops to $12 per share, what is the equity in the account?
Answers
in a new margin account, a customer sells short 1,000 shares of abc at $15 per share and makes the required regulation t deposit. if the stock drops to $12 per share, The equity in the account is $3,000.
Equity is not accounted for as either an asset or a liability on a company's financial accounts. Liabilities are subtracted from assets to get at fairness. On the stability sheet of an agency, equity is considered.
Earnings from inventory dividends are referred to as "fairness profits." A dividend, which is often paid from a corporation's net income, is essentially a reward given to shareholders for their investment in the company.
Equity is also known as capital and shareholders fairness, or internet genuine worth. This equity will turn into a valuable asset since a homeowner can borrow against it if necessary. It can be determined by subtracting all liabilities from the total cost of an asset: ((equity = assets – Liabilities).
If the market value falls to $12,000,
equity= $15,000 -$12,000 = $3,000.
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At what age can you start working?
Answers
Answer:
Explanation:
depends on where you live
Explanation:
It really depends on the jobs and requirements but you can USUALLY do small work like walking a dog or babysitting at 13-14
Refer to the accompanying figure. If there is a $700 government-imposed price antigouging law imposed on generators, how will the market be affected in the short run? Price (per generator) ather the disaster-S900 maximum under gouging law-$700 betore the disaster -$530 before-500 Qaer 700Quantity (gas generators) O There will be a shortage of 200 generators. 0 There will be a shortage of 100 generators. Price gougers will enter the market and provide a surplus of 100 generators. The government will intervene and order a surplus of 100 generators. No changes will ocur in the market, since anti-price-gouging laws are now in effect.
Answers
100 extra generators will be ordered by the government. Since anti-price-gouging regulations are now in force, the market won't change.
Price restrictions, as previously said, will prevent the preservation of commodities at precisely the time when there is a particularly high demand for them. Price limitations also discourage unusual efforts to import highly desired items into the impacted area. This is especially detrimental during a crisis. Furthermore, it exacerbate rises in non-cash pricing such as increased scarcity, more challenging searches, longer lines and wait times, extended shipment periods, and, occasionally, increased black market activity although if price gouging laws were to lower cash prices. Price gouging benefits the economy. The majority of the time, it forces the most efficient resource allocation.
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the burp maneuver usually involves applying backward, upward, and rightward pressure to the:
Answers
The burp manoeuvre usually involves applying backward, upward, and rightward pressure to the infant’s thorax (chest).
What is the burp manoeuvre?
Burping is a process that helps an infant release air from their stomach. Burping is essential since it helps alleviate stomach bloating and discomfort, which are common in newborns.
Burping is essential since it helps alleviate stomach bloating and discomfort, which are common in newborns. In addition, burping helps infants feel relaxed and comfortable while eating.
Burping is also important since it helps prevent or alleviate colic, a condition characterized by prolonged, uncontrollable crying among infants.
The burp manoeuvre, which is used to release air from an infant's stomach, is performed in the following way:
Place the infant in an upright position on your lap or against your shoulder with the infant's chin resting on your shoulder.
Gently pat the baby's back while applying backward, upward, and rightward pressure to their chest. This burping technique is called the burp maneuver.
If your baby fails to burp, stop the maneuver after five minutes and resume feeding. Additionally, attempt to burp the baby after each feeding.
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Which expense is a direct cost in the product costing of a fabric manufacturer?
Α.cost of cotton
B.electricity
C.water supply
D.salaries of employees
Answers
Answer:
A and D
Explanation:
Direct expenses are operational expense that can be straightforwardly applied to creating a particular expense object, similar to a decent or administration. Cost objects are things that expenses are allotted to. Instances of direct expenses incorporate direct work, direct materials, and assembling supplies.
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models of competitive markets are helpful in understanding real-world markets. to help you to better understand competitive markets, it is important to understand economic efficiency. sort the descriptions below into whether they are characteristics of productive or allocative efficiency.
Answers
Productive efficiency focuses on the cost of production while allocative efficiency focuses on the distribution of the products.
In economics, the efficiency or productivity of a business is classified into two types:
Productive efficiency.Allocative efficiency.These two types of efficiency focus on different aspects of production and selling goods and services.
Productive efficiency: This type implies producing goods at the lowest cost possible. This means:
Avoiding unnecessary costs.Controlling costs when the number of units increases.Allocative efficiency: This type implies selling or allocating the products in society. This means:
Considering the maximum amount the customer can pay for a product (marginal benefit).Making the cost of production equal to the marginal benefit.Note: This question is incomplete because the statements that need to be classified are not provided; due to this, I answered the question based on general knowledge.
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mack sennett built the first film production studio in hollywood that strictly made comedies.truefalse
Answers
Sennett established his own business, the Keystone Company, in Los Angeles, California, in 1912. In that location, in 1914, he created Tillie's Punctured Romance, a full-length comedy starring Charlie Chaplin and Marie Dressler. True.
What possessed Mack Sennett notoriety?
The "King of Comedy" was a Canadian actor, director, and studio head by the name of Mack Sennett (born Michael Sinnott; January 17, 1880 – November 5, 1960). He began his career in movies with the New York City Biograph Company in 1880 and subsequently established Keystone Studios in Edendale, California, in 1912. He was born in Danville, Quebec. Sennett rose to fame as the creator of slapstick routines like pie-throwing and automobile chases, which were included in the Keystone Cops movies, and Keystone had the first fully enclosed cinema stage.
His Bathing Beauties, many of whom went on to have great acting careers, were featured in short films that he also produced.
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Question 2 (5 points) Based on the following data, determine the amount of total assets, total liabilities, and net worth. Liquid assets, $3,200 Investment assets, $7,340 Current liabilities, $1,670 Household assets, $97,890 Long-term liabilities, $70,230
Answers
Answer and Explanation:
The computation of the total assets, total liabilities and the net worth is shown below:
Total assets = liquid assets + investment asset + household assets
= $3,200 + $7,340 + $97,890
= $108,430
The total liabilities is
= Current liabilities + long term liabilities
= $1,670 + $70,230
= $71,900
So, the net worth is
= Total assets - total liabilities
= $108,430 - $71,900
= $36,530
Charitable donations, entertainment expenses, and
financial goals are all examples of...
things to consider when creating a budget.
things that are considered needs.
activities that contribute to overspending.
activities that are necessary for a healthy lifestyle.
Answers
Answer: Things to consider when creating a budget.
Explanation: Trust me bro
Giving donations, entertainment costs, and financial goals are all examples of the things to consider when creating a budget. As donation and entertainment expenses can be the measures to control the budgeting.
How making budget is helpful?Budget keeps the person spending tightly accurate to the mark and like to help in saving of the money. It facilitates the person income and expenses equally and shows how much person can spend on the specific thing.
Budget cuts the extra expenses of the person and provide the measurement of spending.
Thus, option A is correct.
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pls help Many four-year colleges require which one of the following exams?
a.AP
b.SAT
c.ASVAB
d.PSAT
Answers
Many four-year colleges require b.SAT exams.
What is SAT exams?The SAT can be described as internattional exam that is been carried out which do serves as the standardized test widely used for college admissions especially in the United States.
It should be noted that this exam is widely accepted and can be used to covers reading, writing, and math which is been used in the process of accessing the student so that they can moveto higher levels in their academic endeaveors.
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by comparing forward hedge and money market hedge, which strategy (forward/mmh) would you prefer to use?
Answers
When dealing in foreign currencies, forward trades are typically easier to understand and more likely to be the method of choice for hedging against currency risk. Having said that, businesses that deal in exotic currencies may find money market hedges to be beneficial.
In order to lock in the home currency value of a foreign currency transaction, money market hedging uses borrowing and lending operations in foreign currencies. An alternative name for it is a synthetic forward contract. The main purpose of currency forward contracts is to protect against currency exchange rate risk.
Between the time a deal is contracted and the time it is really made, it safeguards the buyer or seller against negative currency exchange rate happenings.
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_____ treats occasional failure as natural and as an opportunity to develop better understanding and to improve future performance.
Answers
. A learning organization-----treats occasional failure as natural and as an opportunity to develop better understanding and to improve future performance.
What is meant by learning Organisation?
A learning organization is an organization skilled at creating, acquiring, and transferring knowledge, and at modifying its behavior to reflect new knowledge and insights. This definition begins with a simple truth: new ideas are essential if learning is to take place.
What is a learning organization and why is it important?
A learning organization is an organization that actively creates, captures, transfers, and mobilizes knowledge to enable it to adapt to a changing environment. Learning Organization in every organization facilitates the learning of its members and continuously transforms itself.
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if a data line on a graph slopes upward as it goes to the right, it is depicting that
Answers
If a data line on a graph slope upward as it goes to the right, it is depicting that the values of the dependent variable are increasing as the values of the independent variable increase.
In other words, there is a positive correlation between the two variables. For example, if we consider a graph depicting the relationship between the number of hours studied and the grades obtained by students in a class, and the line slopes upward as it goes to the right, it means that as the number of hours studied increases, the grades obtained by the students also increase. A positive correlation is one of the two types of correlations that can be observed between two variables, the other being negative correlation. In a positive correlation, as the values of one variable increase, so do the values of the other variable.
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You're the production manager for Blue Ribbon Bakery, and you're responsible for managing the inventory of all of the flour, eggs, milk, butter, and other raw materials that go into the company's baked goods. Storing all of these raw materials, some of which require refrigeration, can get expensive so you don't like to go overboard on ordering them, but on the other hand you have to make sure the bakery workers have what they need.
Required:
What methods of inventory control do you think will work best at Blue Ribbon?
Answers
The inventory control methods that will work best at Blue Ribbon Bakery will be the Just-in-Time (JIT) method, which helps to stock the raw materials available in the proper quantity to be used during the work.
Just-in-Time is a method that seeks to optimize inventory, by providing the exact quantity for demand, avoiding waste, reducing costs and improving other processes by increasing quality, such as storage, transport and cash flow.
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3. It is important to make certain that your employees are aware of the work ethic expected at your company. What work ethics issues would be most ideal for your employees ? (3 points )
Answers
It is critical to ensure that your employees understand the work ethics that is expected at your company. Provide them with the company's ethical policy. If they already have access to it, remind them to read it and follow it.
What is Ethics?Ethics is the distinction between what is right and what is wrong. There are times when people must sacrifice their own benefit for the benefit of the public at large.
Employees may become more devoted to their roles and express pride in being a part of such an organization if they understand and perceive their organization's commitment to high ethical standards. This type of transformation has the potential to significantly improve organisational effectiveness.
Therefore, it is essential for the employees to follow the work ethics.
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What will you call an employee who prioritizes her own goals rather than the team’s goal?
A (an) ____ employee will prioritize her own goals rather than the team’s goals.
Answers
Answer: A Selfish person
Answer:
Selfish.
Explanation:
A person that only thinks about themselves, and does not share.
At what depth does an employer need to use a protection system to ensure the safety of workers in a trench or excavation?
a. 3 feet
b. 4 feet
c. 5 feet
d. 6 feet
Answers
An employer needs to use a protection system to ensure the safety of workers in a trench or excavation at a depth of 5 feet.
According to safety regulations and standards, when workers are working in a trench or excavation, an employer is required to use a protection system once the depth of the trench reaches 5 feet or more. The purpose of the protection system is to prevent cave-ins and ensure the safety of the workers. This system can include various measures such as sloping, shoring, or shielding to provide support and stability to the trench walls. Using a protection system helps mitigate the risk of accidents and injuries associated with trench work.
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on december 31 of the current year, paxton corp. purchased 80% of the outstanding common stock of small inc. on the purchase date, the book value of small's net assets equaled $1,800,000 and the fair value equaled $2,000,000. in the current year consolidated balance sheet non-controlling interests were reported at $425,000. under the acquisition method, what amount should be reported as goodwill in the current year consolidated balance sheet?
Answers
The cash outlay over the net asset's fair value is called the gross outlay, or GW. Small Inc.'s 100% cost would be $2,125 if the non-controlling stake, or 20% of the company, was $425. GW of 125 was produced from cash of 2,125 less the FV of 2,000.
What is meant by stock?The ownership of a portion of the issuing company is represented by a stock, sometimes referred to as equity, which is a type of security. The term "shares" refers to the units of stock, each of which entitles the holder to a specific share, based on the number of shares owned, of the company's assets and income.The stock market can be conceptualized as a network of stock exchanges where traders and investors can buy and sell shares of publicly traded firms. This is an effective approach to think about the stock market. Initial public offerings, or IPOs, are a way for private companies to sell shares of their stock on a market (IPO).The term "stock answer," "stock statement," or "stock manner of doing something" refers to something that is frequently employed, oftentimes because individuals are too lazy to come up with a novel response.To learn more about stock refer to:
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hello , What are three common tools for qualitative research in business and marketing?
Answers
Answer:
they would be in-depth interviews, focus group discussions and observation over data
Explanation:
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Please help............
Answers
Product enhancements
A) do not really change the basic product.
B) include guarantees and warranties.
C) include features and options
D) reduce the number of target markets one product can satisfy.
Answers
Answer:
C or A
Explanation:
I could answer better with more context
conflicts between two mutually exclusive projects occasionally occur, where the npv method ranks one project higher but the irr method puts the other one first. in theory, such conflicts should be resolved in favor of the project with the higher npv. t or f
Answers
Theoretically, these disputes ought to be settled in favor of the project with the larger NPV. The given statement is True.
Define an NPV.A set of cash flows is said to have a net present value or net present worth if they occur at diverse times. The present value of a cash flow depends on how long it will be before it occurs. Another element is the discount rate. The temporal value of money is considered by NPV.
Using the internal rate of return is one method of calculating the rate of return on an investment. The formula is "internal" because it does not account for external factors like the risk-free rate, inflation, the cost of capital, or financial risk. Applications of the method can be either ex-post or ex-ante.
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