Trade can still be advantageous to both parties even when one country has a definite edge in all products. Absolute This is due to the fact that trading profits are obtained by specializing in one's comparative advantage.
Absolute advantage merely contrasts a worker's productivity across nations. How many inputs are required to create shoes in by this. A slightly different version of this question is posed by comparative advantage. It asks instead, absolute According to the comparative advantage concept, a representative will produce more of and consume less of a good for which they have a comparative advantage under free trade. Comparative advantage is the economic reality that shows how the amount of work people or nations do as a result of trade has increased over time.
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4. What are some of the things that could happen on the job that would cause me to resign?
Answer:
Some of the things that could happen on the job that would cause you to resign are:
A toxic work environment. If you are constantly feeling stressed, anxious, or unhappy at work, it may be time to resign. A toxic work environment can have a negative impact on your physical and mental health, and it can make it difficult to be productive.A lack of opportunities for growth. If you feel like you are not learning or growing in your current role, you may be ready to move on. A lack of opportunities for growth can lead to boredom, frustration, and a feeling of stagnation.Unrealistic expectations. If your employer is constantly setting unrealistic expectations, it can be very difficult to meet them. This can lead to stress, anxiety, and burnout.A lack of support from your manager. If you feel like your manager is not supportive of you or your work, it can be very difficult to be successful in your role. A lack of support can make it difficult to ask for help when you need it, and it can make you feel like you are not valued.A change in the company culture. If the company culture changes in a way that you do not agree with, it may be time to resign. A change in company culture can make it difficult to fit in, and it can make you feel like you are no longer a good fit for the company.A personal reason. Sometimes, you may need to resign from your job for a personal reason, such as a family emergency or a health issue. If you are facing a personal crisis, it is important to put your own needs first.suppose your college institutes a new policy requiring you to pay for a permit to park your car in a campus parking lot. how would this affect your opportunity cost of attending college?
If my college institutes a new policy requiring me to pay for a permit to park my car in a campus parking lot, this would increase my opportunity cost of attending college. Opportunity cost refers to the benefits of the next best alternative that must be given up in order to pursue a certain action or choice.
In this case, the cost of the parking permit would be an additional expense that I would need to consider when deciding whether or not to attend college. The money I would spend on the permit could be used for other things, such as textbooks, meals, or transportation. This increased cost may make attending college less attractive, especially for students who are already struggling financially. However, if parking on campus is necessary for commuting, then the cost of the permit may be considered a necessary expense and not affect the overall opportunity cost of attending college.
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What are the main differences between credit unions banks and finance companies?.
As previously stated, the primary distinction between banks as well as credit unions would be that banks were for enterprises that enrich respective shareholders, whereas credit unions were controlled by their members.
Credit unions were financial cooperatives that are not for profit. Any profits are returned to credit union members in the form of lower cost of borrowing as well as rising interest rates on bank deposits. Banks is from the other hand, are really for entities that distribute earnings solely to stockholders.
Credit unions provide many of the same services as banks, but typically are member-only, nonprofit financial institutions. Credit unions still collect fees like banks, although any profits were returned to individuals in the form of better or more cheap products.
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What mechanism will you putin place if your new hire is under performing, e.G, on -line job trainingg
Answer:
Job training
Explanation:
Job training is an important procedure for an employee to understand the work and their job profile. Providing job training helps to develop the career profile of an employee and also the prospective growth of the organization.
When some one in the organization performance is lower or if he or she is under performing, then the best way to increase the productivity of the employee is to provide a job training so that the employee learns and practices the work culture and work effectively for the individual growth as well as the organizational growth.
list five of the important accounting assumptions that have had an impact on the development of generally accepted accounting principles.
Five important accounting assumptions that impact GAAP are: Going Concern, Accrual Basis, Monetary Unit, Time Period, and Historical Cost, guiding financial reporting for consistency and accuracy.
Five important accounting assumptions that have had an impact on the development of generally accepted accounting principles (GAAP) are:
1. Going Concern Assumption: This assumption assumes that the entity will continue its operations in the foreseeable future. It allows accountants to prepare financial statements under the assumption that the company will not liquidate or go bankrupt.
2. Accrual Basis Assumption: The accrual basis assumption requires that transactions and events are recorded in the financial statements when they occur, regardless of when the cash is received or paid. It helps provide a more accurate representation of a company's financial performance and position.
3. Monetary Unit Assumption: The monetary unit assumption assumes that the financial transactions and events recorded in the financial statements are expressed in a stable currency, such as the U.S. dollar. It allows for the measurement and comparison of financial information over time and between different entities.
4. Time Period Assumption: The time period assumption assumes that the economic activity of an entity can be divided into specific time periods for financial reporting purposes. It allows for the preparation of financial statements on a regular basis, such as monthly, quarterly, or annually.
5. Historical Cost Assumption: The historical cost assumption requires that assets and liabilities are recorded at their original acquisition or production cost. This assumption provides reliability and verifiability to the financial statements, but it may not always reflect the current market value of assets and liabilities.
These accounting assumptions form the foundation of GAAP and help guide the recognition, measurement, and disclosure of financial information to ensure consistency, comparability, and relevance in financial reporting.
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10. Amy is excited because she just opened her own consulting firm. Amy loves being her own
boss and not having to consult with anyone else before she makes decisions. Eventually, she
even hopes to incorporate and enjoy some additional tax advantages. The only downside is
that she has invested all the money herself. If the business fails, she could go bankrupt. What
kind of business does Amy own?
A) Sole proprietorship
B Partnership
c) Cooperative
D) Corporation
A sole proprietorship is the kind of business does Amy own. Thus, option 'A' is the correct option.
What is a sole proprietorship?A sole proprietorship is a form of business that is owned and operated by one person and in which there is no legal separation between the owner and the business entity. It is also referred to as a lone tradership, individual entrepreneurship, or proprietorship. A solo proprietor may hire staff members and does not always operate alone.
The sole proprietor is solely responsible for all losses and obligations and receives all gains (subject to business-specific taxes). The owner of the firm is the owner of all of the company's assets and is also responsible for all of the company's obligations. In contrast to a partnership, which has at least two owners, it is a "single" proprietorship.
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Money that you owe the Internal Revenue Service because you did not pay enough in over the year is known as a ________________.
Tax due
Tax return
Tax refund
Tax bill
Answer:
Tax due or tax bill any one of them
what are the main duties and responsibilities of a Hotel manager
Answer:
Here are some:
recruiting, training and supervising staff.
managing budgets.
maintaining statistical and financial records.
planning maintenance work, events and room bookings.
handling customer complaints and queries.
promoting and marketing the business.
Hope it helps you pls mark me brain list.
Answer:
The main duties and responsibilities of the hotel manager are as below:
Explanation:
1) Recruiting, training, and supervising staff.
2) Managing budgets.
3) Maintaining statistical and financial records.
4) Planning maintenance work, events, and room bookings.
5)Handling customer complaints and queries.
6) Promoting and marketing the business.
Officer Desai has been called to the scene where a recent model dark blue four-door BMW automobile is sitting on the shoulder of the road, unoccupied, with apparently recent damage to the front bumper of the vehicle and shell casings on the driver's seat. There is nobody around the car. When the officer's sergeant arrives they discuss what to do about the car. If this vehicle matches the description of a vehicle stolen that morning from a bank parking lot, they:
Answer:
Explanation:
In this type of situation, the Sergeant should report the car as found, then look for any evidence that may be of importance in connecting the dots as to what happened. This evidence may include the shell casings to know what type of gun was fired, or even any documentation or personal belongings left by the individuals who were driving the car. All of this information can be vital to solving what exactly happened.
Assets Liquid Assets Cash Checking Savings Total Liquid Assets: Investments Retirement funds, IRA Total Investments: Real Property Primary residence Total Real Property: Personal Property Honda Pilot Total Personal $246.45 271.10 308.06 $1,063.13 $145,800.00 $11,495.00 $825.61 $1,063.13 $145,800.00 $11,495.00 Liabilities and Net Worth Current Liabilities Electric Water Insurance premiums Taxes Mortgage Auto MasterCard Total Current Liabilities: Long-Term Liabilities Primary residence mortgage Total Long-Term Liabilities: $394.05 168.88 281.46 1,012.50 750.00 844.40 731.81 $36,000.00 al $11,495.00 (1) Total Assets: $11.495.00 (2) Total Liabilities: Net Worth (1)-(2): Total Liabilities and Net Worth: S
Total liabilities and net worth is equal to the total assets of the person. this balance sheet is balanced.
Total Liquid Assets:The total liquid assets of a person are calculated by adding the checking account balance, cash, and savings account balance. The total liquid assets of the person are $1,063.13.
Total Investments:To find the total investments of the person, we need to add the IRA account and retirement funds. Total investments of the person are $145,800.00+ $11,495.00 = $157,295.00Total Real Property:The total real property of the person is the primary residence. So, the total real property of the person is $145,800.00.
Total Personal:The total personal property of the person is the Honda Pilot. So, the total personal property of the person is $11,495.00.Total Assets:To find the total assets of the person, we need to add the total liquid assets, total investments, total real property, and total personal property. $1,063.13+$157,295.00+$145,800.00+$11,495.00 = $315,653.13Total Liabilities:To find the total liabilities of the person, we need to add the current liabilities and long-term liabilities.
Current liabilities are electric bills, water bills, insurance premiums, taxes, mortgage, auto, and MasterCard balance, i.e., $394.05 + $168.88 + $281.46 + $1,012.50 + $750.00 + $844.40 + $731.81 = $4,183.10. Long-term liabilities are the primary residence mortgage, which is $36,000.00. Total liabilities of the person are $4,183.10+$36,000.00 = $40,183.10.
Net Worth:To find the net worth of the person, we need to subtract the total liabilities from the total assets. Net worth of the person = $315,653.13 - $40,183.10 = $275,470.03Total Liabilities and Net Worth:Total liabilities and net worth can be obtained by adding total liabilities and net worth, which is $40,183.10 + $275,470.03 = $315,653.13, which is equal to the total assets of the person.
Hence, this balance sheet is balanced.
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Any such adverse action taken by an employer against an employee is also known as:.
People often do things due to different reasons. Any such adverse action taken by an employer against an employee is also known as Retaliation.
What is an adverse employment action?An action is is known to be an adverse employment action if an employee have found that the action done was materially adverse.
Retaliation is known to take place when an employer takes an “adverse action” against an employee due to the fact that she/he has carried out an “protected legal right.”
Conclusively, A lot of state and federal laws often protect employees from employer retaliation of any kind.
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What economic system is “prices by the government”?
Imagine you are an entrepreneur in a market economy. You want to connect with potential customers who would benefit from your unique product. What is an example of a unique product in a market economy? What is the role of voluntary exchange, economic utility, and specialization in the transactions you hope to establish to sell this product? Explain each concept and its role.
The role of voluntary exchange in the transaction is that its facilitate freely trading of goods or services
The role of economic utility in the transaction is that the consumer's satisfaction from using a product will drive further sales.
How do we explain Market Economy & Voluntary Exchange?Basically, a market economy refers to an economy based on capitalism, that is, an economy whereby the goods and services are freely exchanged on an open market. The value of the outputs is mostly determined solely by market interaction between producers and consumers by a concept known as voluntary exchange. That leads us to the fact that the key principles of a market economy is the principle of voluntary exchange.
In economics, the Voluntary Exchange Principle is based on the consumers and producers acting in their self-interest, that is, the voluntary exchange between a consumer and a producer makes both parties better off than they were before the exchange.
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What is the Congress or Legislative branch?
Answer:
The legislative branch is made up of the House and Senate, known collectively as the Congress. Among other powers, the legislative branch makes all laws, declares war, regulates interstate and foreign commerce and controls taxing and spending policies.
Explanation:
Look at the poster. poster about manufacturing production. who is the target audience of this poster? people who are working in factories people who are questioning the war people who are fighting on the front lines people who are seeking employment
The target audience for this poster about manufacturing production is most likely people who are working in factories.
Who was the target of this poster on manufacturing?The poster has a target audience of those who are already working in factories as a way of encouraging them to produce more goods.
It does this by showing the effects of reducing the amount of time that the person works in a day leading to less production.
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Answer:
A. people who are working in factories
Explanation:
Correct on Edge 2022!!!
Management, being representative of all the owners, is in the agency position of making decisions that are in the best interest of the firm's:
Answer:
shareholders
Explanation:
In what way is your emergency fund a form of insurance?.
Answer:
well you if need a lawyer.......you have a lawyer babe.
Explanation:
I have nothing to say
Answer:
If something bad happens like a tornado you have some money to fix your house or car with the insurance.
Explanation: Hope it helps ^w^
Explain the main Features of AS-20 ?
Answer:
As per AS 20, when bonus shares are issued during the year, it should be calculated in the weighted average from the beginning of reporting period irrespective of the issue date. Therefore, the bonus issue is treated as if it had occurred prior to the beginning of the year 2010, the earliest period reported
Explanation:
hope this helps
Explain the relationship between wage and labor supply? What does
income and substitution effect mean? What can cause income effect
to be greater than substitution effect? and the opposite.
The theory of labor supply posits that the amount of labor supplied by a person increases as their wage rate increases. In other words, as wages increase, more individuals will be motivated to enter the labor market and/or increase the amount of hours they work.
The income effect represents the change in consumption that results from a change in real income, while the substitution effect represents the change in consumption that results from a change in the relative prices of goods.
When the income effect is greater than the substitution effect, it means that the consumer will purchase more of a good despite the fact that its relative price has gone up. This could occur if the good is a necessity or if the consumer has a high income. Additionally, the income effect can be greater than the substitution effect if the good in question has a high income elasticity of demand.
When the substitution effect is greater than the income effect, it means that the consumer will purchase less of a good despite the fact that its relative price has gone down. This could occur if the good is an inferior good or if the consumer has a low income. Additionally, the substitution effect can be greater than the income effect if the good in question has a low income elasticity of demand.
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When Sydney borrowed $8000 from her parents, they made her give them some collateral. What would be the MOST logical thing for Sydney to do to handle their request?
Answer: d) Give them the title to her car.
Explanation:
If they want some collateral then Sydney would have to give them collateral and a car is one of the best known examples of collaterals there is.
Sydney can give them the title of the car which means that if she defaults on the loan, her parents will be able to sell the car to get back the amount that they loaned her. She cannot sell the car until she pays them and she may have to add them as beneficiaries to any car insurance that she may have on the car.
to determine the regular payment amount, rounded to the nearest dollar. the price of a home is $. the bank requires a 20% down payment and three points at the time of closing. the cost of the home is financed with a 30-year fixed-rate
To determine the regular payment amount, rounded to the nearest dollar, for a home loan, you need to consider the price of the home, the down payment, the points at closing, and the loan term.
1. Calculate the down payment: Multiply the price of the home by 20% to find the amount of the down payment.
Example: If the price of the home is $200,000, the down payment would be $200,000 * 20% = $40,000.
2. Calculate the points at closing: Multiply the price of the home by 3% to find the amount of the points.
Example: If the price of the home is $200,000, the points at closing would be $200,000 * 3% = $6,000.
3. Subtract the down payment and points from the price of the home to determine the loan amount.
Example: If the price of the home is $200,000, the loan amount would be $200,000 - $40,000 - $6,000 = $154,000.
4. Determine the interest rate for the loan. Since it's a 30-year fixed-rate loan, you need to know the interest rate.
Example: Let's assume the interest rate is 4%.
5. Calculate the regular payment amount using the loan amount, interest rate, and loan term.
Example: Using a mortgage calculator or a formula, the regular payment amount can be calculated. For a $154,000 loan at a 4% interest rate over 30 years, the monthly payment amount would be approximately $734.40.
6. Round the monthly payment amount to the nearest dollar to get the final regular payment amount.
Example: Rounding $734.40 to the nearest dollar gives a final regular payment amount of $734.
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What is demand comprised of
Which of the following businesses is using an incentive?
A. Company B, where there is conflict between the workers and the
management
B. Company C, where the government is intervening to prevent fraud
C. Company A, where the employees have voted for a four-day
workweek instead of a pay increase
D. Company D, where there is a greater demand for a product than
can be met
Answer:
d
Explanation:
Melissa Meadows is a marketing representative for Best Care which has recently introduced a Medicare Advantage plan offering comprehensive dental benefits for $15 per month. Best Care has not submitted any potential posts to CMS for approval. Melissa would like to use the power of social media to reach potential prospects. What advice would you give her?
Answer:
The best advice that I would give her if her contract agreement permit her to do so is to tell her to post a tweet on her social media account by stating that Best Care offers great and different array of Medicare Advantage benefit packages. One might be of benefit for you. You can call me to find out more either through my phone number , email or by sending me a message.
Explanation:
Based on the information given about Melissa Meadows who is a marketing representative for Best Care which has Medicare Advantage plan offering comprehensive dental benefits for tha amount $15 per month, in which we were told that she would like to use the power of social media to reach potential prospects which might be interested in the Medicare Advantage plan the best advice I would give her if her contract agreement permit her to do so is to tell her to post a tweet on her social media account by stating that Best Care offers great and different array of Medicare Advantage benefit packages. One might be of benefit for you. You can call me to find out more either through my phone number , email or by sending me a message.
The advice i would give her is : If permitted under the terms of her contract, Agent Meadows could post a tweet stating that "Best Care offers an array of Medicare Advantage benefit packages. One might be right for you. Call me to find out more!"
Terms of contract usually exist between an agent and his principal in a business relationship. This term protect all parties’ interests by detailing all deadlines and compensation.
Contents in terms of contract includes but not limited to :
Identity of the partiesDuties of the partiesRights of each partyIdentity of each partyTherefore, agent Meadows could post the tweet if permitted under the terms of her contract about Medicare advantage benefit packages.
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Which option identifies the marketing strategy demonstrated in the following scenario?
Department stores often have their own credit cards and mailings sent to card holders that offer incentives such as
percent discounts and early hour shopping days.
O product packaging
customer loyalty
O advertising
word-of-mouth
Answer: customer loyalty
Explanation:
The funds provided by common stockholders that consist of common stock, paid-in capital, and retained earnings are referred to as the firm's:______.
The funds provided by common stockholders that consist of common stock, paid-in capital, and retained earnings are referred to as the firm's Net Worth.
What is paid in the capital?
Paid-in capital is the amount that businesses get from stockholders in exchange for their shares. A significant component of a company's entire equity is this. Either preferred stock or the common stock may be used as paid-in capital. These monies are only obtained through the issuer's direct sales of shares to investors; they are not derived from any operating activities or from the sale of stock on the secondary market to other investors.
Paid-in capital does not include earnings from continuing business operations; it only includes money earned from the sale of stock.
If a company decides to repurchase shares from its owners, the balance in paid-in capital may be reduced; this can either be done directly in the account or it can be recorded in a contra equity account that is linked with and offsets the paid-in capital account.
Thus, the investor's money is called Net Worth.
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Which marketing metric might be used to evaluate the performance of a company's implementation of its marketing plan
The marketing metric that can be used to evaluate a company's marketing plan is : Portfolio analysis.
What is portfolio analysis?Portfolio analysis is an examination of the components included in a mix of products with the purpose of making decisions that are expected to improve overall return.
Steps to portfolio analysis includes:
Identifying the key businesses that make up the company, called the strategic business units. Measure the attractiveness of each SBU and decide how much support each deserves.Therefore, portfolio analysis is a marketing metric, used to evaluate the performance of a company's implementation of its marketing plan.
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Please help
As part of the controlling function of management, a sales department's
manager measures each salesperson's performance for the month and compares it with monthly goals for sales. The manager sees that one salesperson has fallen short of his target. What should the manager do next?
A. Punish the salesperson.
B. Fire the salesperson.
C. Research the issue.
D. Reward the salesperson.
Answer: It’s research the issues
Explanation:
The other answer is wrong
The manager notices that one of his salespeople has fallen short of his goal, he should research the issue. Option C is correct.
What is the work of sales department's manager?A Sales Manager, sometimes known as a Sales Department Manager, is in charge of directing daily activities in the sales department. Sales managers are often in charge of hiring and firing people, identifying the need for and offering training, coaching sales reps, and creating sales territory.
Their responsibilities include hiring and training sales people, communicating information regarding sales targets from higher management to department workers, and creating leads to distribute among Sales Representatives.
As part of management's controlling responsibility, a sales department manager and If the manager sees that any of his salesmen has fallen short of his target, he should look into it.
Therefore, option C is correct.
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Which person used a cost-saving strategy when deciding how to spend their money?
a. when selecting a new tablet, Rosita carefully read about the features of each model.
b. when purchasing a new jacket, Thao chose the one that was manufactured locally.
c. when choosing which coffee to buy, Ivan chose the brand with the "fair trade" label.
d. when buying a used dirt bike, Fabian negotiated with the seller to get a better deal.
will give brainliest!
The person who used a cost-saving strategy when deciding how to spend their money is the Fabian who negociated with the seller to buy a used dirt bike to get a better deal.
What is cost-saving stategy?The strategy in which we analysis the basic requirements which are necessary and on which minimum cost can be made in a business
What is a dirt bike?The bikes which are generally used in dirts to have races or to have friction with the roads with dirts.
Hence, option D is the correct answer
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Which type of chart or graph shows data with distinct x and y values?
O a bar graph
O a scatter plot
O a line chart
O a pie chart
Answer:
A. a bar graph is the answer