what is the difference between absolute advantage and competitive advantage

Answers

Answer 1

Answer:

Absolute advantage refers to the uncontested superiority of a country or business to produce a particular good better. Comparative advantage introduces opportunity cost as a factor for analysis in choosing between different options for production diversification


Related Questions

what is the double entry system?​

Answers

Answer: Double-entry bookkeeping, in accounting, is a system of book keeping where every entry to an account requires a corresponding and opposite entry to a different account. The double-entry system has two equal and corresponding sides known as debit and credit. Double entry, a fundamental concept underlying present-day bookkeeping and accounting, states that every financial transaction has equal and opposite effects in at least two different accounts. It is used to satisfy the accounting equation,

Double-entry bookkeeping, in accounting, is a system of book keeping where every entry to an account requires a corresponding and opposite entry to a different account. The double-entry system has two equal and corresponding sides known as debit and credit. The left-hand side is debit and the right-hand side is credit. In a normally debited account, such as an asset account or an expense account, a debit increases the total quantity of money or financial value, and a credit decreases the amount or value. On the other hand, for an account that is normally credited, such as a liability account or a revenue account, credits increase the account's value and debits decrease that value

State
five
features distinguishing Features of servicing​

Answers

Answer:

The answer is below:

Explanation:

Services are a byproduct of a business firm which is done in exchange for money. However, unlike the products or goods, it has its distinct features or characteristics.

Hence, there are various Features of services, some of which includes the following:

1. Intangibility: they are not tangible or cannot be touched

2. Perishability: they cannot perish like goods

3. Inseparability: services under the ae work or elements cannot be separated like goods

4. Heterogeneity: the quality of services is diverse, hence, the price and time of delivery vary.

5. Ownership: unlike the goods, when it comes to services the person rendering services is the one that tends to move around.

Tell, Inc., leased a building from Lott Corp. Tell paid monthly rent of $500 and was also responsible for paying the building’s real estate taxes. On January 1, Vorn Co. and Tell entered into an agreement by which Vorn was entitled to occupy the building for the remainder of the term of Tell’s lease in exchange for monthly payments of $600 to Tell. For the year, neither Tell nor Vorn paid the building’s real estate taxes, and the taxes are delinquent. Learning this, Lott demanded that either Tell or Vorn pay the delinquent taxes. Both refused, and Lott has commenced an action against them. Lott will most likely prevail against

Answers

Answer:

Tell and Vorn

Explanation:

Based on the information given Lott will most likely prevail against TELL and VORN reason been that we were told that both TELL and VORN entered into an agreement on January 1 which means that both of them will be responsible for the DELINQUENT TAXES which has not been paid because Vorn occupy the building that was leased out to Tell from Lott Corp in exchange for the amount of $600 which will be monthly paid by Vorn to Tell, which means that in a situation were the taxes is said to be DELINQUENT TAXES in which neither of them paid the building's real estate taxes, Lott will most likely prevail against both TELL and VORN.

A firm has issued cumulative preferred stock with a $100 par value and a 10 percent annual dividend. For the past three years, the board of directors has decided not to pay a dividend. At the end of the current year, the preferred stockholders must be paid ________ prior to paying the common stockholders.

Answers

Answer:

$30/share

Explanation:

Calculation to determine the amount the preferred stockholders must be paid

First step is to calculate per year dividend using this formula

Per year dividend = Stock value × Dividend payment rate

Let plug in the formula

Per year dividend = $100 × 10%

Per year dividend = $10

Second step is to calculate the Total unpaid dividend using this formula

Total unpaid dividend for 2 years = Per year dividend × 2 year

Let plug in the formula

Total unpaid dividend for 2 years = $10× 2years

Total unpaid dividend for 2 years = $20

Now let calculate the Cumulative Preferred Dividend

Using this formula

Cumulative Preferred Dividend = Current Year Dividend + Total unpaid dividend for 2 years

Let plug in the formula

Cumulative Preferred Dividend = $10 + $20

Cumulative Preferred Dividend = $30

Therefore At the end of the current year, the preferred stockholders must be paid $30/share prior to paying the common stockholders.

Which figure (amount) should be larger?
A. Expenses
B. income
C. Extras
D. Needs

Answers

ANSWER:

Income

WHY:

The expenses and extras and needs should all add up to the income and the income should be over these expenses


MARK ME BRAINLIEST PLEASE

Which economic system supports government control of major basic industries but allows a high degree of personal and economic freedom to its citizens? A. Market economic system B. Command economic system OO C. Traditional economic system D. Mixed economic system​

Answers

Answer:

mixed economic system

Explanation:

Why would you want to use a check register

Answers

BECAUSE YOU NEED TO REGISTER ALL CHECKS FAST AND EASY

SUB TO MR BEAST

Which of the following would normally fall under general education requirements at a college?
A. Literacy, natural sciences, social sciences, and physical education B. Music, physical education, world languages, and behavioral sciences
C. Math, music, physical education, and military history
D. Math, literacy, natural sciences, and social sciences​

Answers

Answer: D. Math, literacy, natural sciences, and social sciences​

Explanation:

General Education Requirements prepares students with the skills that are needed to enhance their employability and also help them in course of life. Some of these skills include oral and written communication, problem solving, critical thinking, etc.

Some of the subjects that would normally fall under general education requirements at college are Writing, Mathematics, Social science, Natural science, Global awareness, Diversity. etc.

Every component, from producer to grocery store, contributes to the process of the___ chain

Answers

Answer:

Supply Chain

Explanation:

Supply Chain is the route of flow of goods and services starting from the producer/manufacturer/service provider to the end use consumer.

The supply chain network has various other segments such as logistics, distributors, retail supplier, etc.

Hence, the correct answer is the "Supply"

Outline two possible problems to HSN of many employees leaving.​

Answers

not having enough employees to do the work or something

Suppose you and your classmates live next to a lake that is filled with fish. If these fish are caught, they can be sold at a premium to local restaurants, implying the marginal private revenue from fishing is very high. Even though you and your classmates have differences in fishing ability, assume the fish are, nonetheless, very easy to catch, implying the marginal private cost of fishing is very low. Lastly, legal ownership of the lake has never been officially determined or specified in any way. Are the fish in the lake a private good

Answers

Answer:

no

Explanation:

The fish in the lake is a common resource

A common resource is a good that is non excludable but rivalrous

Due to the fact that the legal ownership of the lake has not been specified, everyone and anyone can fish from the lake. this makes the lake non excludable.

the lake would have been excludable if it was a private lake and people had to pay to make use of the lake

the fish in the lake is rivalrous because if a fish is caught, other people cannot catch the fish.

A private good is a good that is excludable and rivalrous

A company that uses an in-house advertising department might turn its advertising and promotion tasks over to an outside agency to: Select one: a. get more control over the advertising process. b. save money. c. get an objective, fresh look at its advertising situation by someone outside of the company who can come up with different creative ideas. d. make coordination of the advertising and promotional process easier. e. do all of the above. Clear my choice

Answers

Explanation:

think the answer is E all of the Above

Match each investment or savings option with the income source(s) it provides to investors.

Answers

Answer:

huh im confused

Explanation:

have a day ig

The correct match for investment or saving is:

Investment/savings                         Income sources

Trading in Bonds:                            Capital Gains and interest income

Buying and selling properties:       Capital gains only

Trading in company stocks:           Capital gains and Dividends

Opening a CD account:                  Interest Income only

What is an investment?

The classic definition of investment is "commitment of resources to realize benefits in the future." An investment is a "commitment of money to receive more money later" if money is involved. An investment is described as "to tailor the pattern of expenditure and receipt of resources to optimize the desirable patterns of these flows" from a more general perspective.

The net monetary reception during a time period is referred to as cash flow when expenditures and receipts are stated in terms of money, whereas money received over the course of numerous time periods is referred to as cash flow stream. The use of scientific methods, often mathematical ones, in the investing process is known as investment science.

Learn more about investment here:

https://brainly.com/question/15105766

#SPJ1

yuhhhhhhh yu alr know the vibesss
im now a expert yhhhhhhhhhhhhhhhhhhhhh

Answers

Answer:

............................................ NICE

Answer:

Eyyy how I wish I can Be the expert tho :<

What Resident Evil games do you guys love and what monster or boss is your favourite inside that game.

a. Resident Evil 1
b. Resident Evil 2
c. Resident Evil 3
d. Resident Evil 4
e. Resident Evil 5
f. Resident Evil Revelations
g. Resident Evil Revelations 2
h. Resident Evil 0
i. Resident Evil 7
j. Resident Evil 1 REmastered
k. Resident Evil 2 REmake
l. Resident Evil 3 REmake

Answers

Answer:

i-

totally business studies

Explanation:

no comment

Answer:

b. Resident Evil 2

Explanation:

Mr X (Tyrant) is my favorite boss in RE2:)

in business finance I did that

Answers

Answer:

u r sentence doesn't mean any sense

Answer:

what does your sentence mean?

Explanation:

hey besties i have a question i fw anime like i really do and i think i wanna cosplay but im like top tier popular so should i just like not I'm for sure gonna get bullied.

Answers

Answer:

ngl i am like "the popular girl" and i just live two lives i popular at school and anime obsessed at home lol

Explanation:

Honestly I just do what I want cuz why am I gonna please other people who don’t please me

briefly explain the term gross value added at basic prices ​

Answers

Gross value added (GVA) is defined as output (at basic prices) minus intermediate consumption (at purchaser prices); it is the balancing item of the national accounts' production account. GVA can be broken down by industry and institutional sector.

hope this helped, good luck <3

Trent is 25 years old and works for a company that matches his 401(k) contribution up to 5%. The interest rate for his 401(k) is 7.3%. If he puts away 10% of his $32,000 salary every year, what would the total of his 401(k) be in 10 years? Round your answer to the nearest cent.

Answers

Answer:

The answer is A.

Explanation:

Just took test

Answer:

A

Explanation:

on edge

Determine the value of z.
Question 9 options:

A)

53°

B)

121°

C)

57°

D)

239°

Answers

Explanation:

Let angle y be the unknown angle inside the triangle.

given

y + 87 + 34 = 180 (sum of angles in a triangle)

[tex]y + 87 + 34 = 180 \\ y + 121 = 180 \\ y = 180 - 121 \\ = 59[/tex]

given y + z = 180 (angles on same straight line)

[tex]y + z = 180 \\ 59 + z = 180 \\ z = 180 - 59 \\ = 121[/tex]

The answer should be 121°

How do you define success?

Answers

Answer:

if ur happy then ig I could say ur successful

if made it to the top I could say ur successful

if u reached the destination if ur dream I would say ur successful

If you came to a good spot in life I believe your success as long as you get to the point of happiness, and working on towards reaching your goals

give 2 or 3 reasons on why cheaper delivery is better

Answers

Answer: Because is cheap

2 Because is better and you save money

Explanation:

Answer:

It's 100% cheap, You don't have to worry about driving all the time, and It's better!

Explanation:

ACTIVITY 3: MARKETS
3.1. Briefly explain in your own words your understanding of a market?
.2. Differentiate between a goods and service market and a factor market?​

Answers

Answer:

1, A market is defined as the sum total of all the buyers and sellers in the area or region under consideration. The area may be the earth, or countries, regions, states, or cities. The value, cost and price of items traded are as per forces of supply and demand in a market.

2,

A factor market is different from the product, or output, market—the market for finished products or services. ... The primary difference between product markets and factor markets is that factors of production like labor and capital are part of factor markets and product markets are markets for goods.

QUESTION 9 of 10: When naming a business, you should:

Answers

Think of a catchy slogan to go with it

Answer:

1. Search the name on the internet to and check for copyright.

2. Make something catchy that people will remember ( Like a alliteration).

3. Make a backup name (and maybe a backup backup name).

4. Get a sample of people to rate your name.

5. Make sure your personally happy with it.

4. Aada's dty is trying to get citizens to invest in municipal bonds. How will the city MOST likely use these funds?
to host a city festival
to pay for road improvements
to give raises to the city council
to feed families who are in need

Answers

Answer:

to pay for road improvements

Explanation:

Remember, the term municipal bonds basically refers to a special kind of loan issued to a local government by its citizens or investors and meant to be used by the government to fund public projects such as road construction, hospitals, and other forms of infrastructure that benefit the general public.

Therefore, the city would most likely use these funds to pay for road improvements as this would benefit the general public.

Answer: to pay for road improvements

The three motivational qualities that leaders have are initiative, ability to motivate others, and ability to set goals.
true
false

Answers

Answer:

true I'm pretty sure it's true.



You make $18.50 per hour and work 40 hours

per week. You are paid once per month, and

pay 30% in taxes and deductions.

1. How much do you make per month after

taxes and deductions?

2. How much do you make per year after taxes

and deductions?

Answers

Answer:

Net earning per month = $2,072

Net earning per year = $26,936

Explanation:

Given:

Amount earn per hour = $18.50

Number of hour in a week = 40 hours

Taxes and deduction = 30% = 0.3

Find:

Net earning per month

Net earning per year

Computation:

Net earning per month = [Amount earn per hour][Number of hour in a week][Number of week in a month][1-Taxes and deduction]

Net earning per month = [18.50][40][4][1-03]

Net earning per month = $2,072

Net earning per year = [Amount earn per hour][Number of hour in a week][Number of week in a year][1-Taxes and deduction]

Net earning per year = [18.50][40][52][1-0.3]

Net earning per year = $26,936

describe how net profit of a business is calculated?​

Answers

Answer:

u must work out the total cost and variable cost and add them up, then you must count all your sales and figure out ur revenue. then u do ur total revenue minus ur total costs

mark as brainliest

The formula to calculate profit is: Total Revenue - Total Expenses = Profit. Profit is determined by subtracting direct and indirect costs from all sales earned. Direct costs can include purchases like materials and staff wages. Indirect costs are also called overhead costs, like rent and utilities.

For businesses, profit is often calculated by profit margin formula:follow me nice business

To develop the main points for a speech on a question of value, you should ask
a а "How do you know?"
b. "Why is this good or bad?"
С "Why is true?"
d "How is this better than what we have now?"

Answers

Answer: B

Explanation:

At Titus Industries, a middle manager who had just completed her basic probationary period was called by her supervisor for her first performance evaluation. The conversation became rather unpleasant when the supervisor alluded to his disappointment that the new manager was not spending more time with him away from work, where they could get to know each other in a more intimate manner. In fact, he commented that such an effort might just solidify her continuing employment. The type of sexual harassment to which the new manager was subjected is called

Answers

Answer:

quid pro quo

Explanation:

Since in the given situation, it is mentioned that there is an unpleasant behavior when the supervisor alluded that the new manager would not spend much time away from work

So here the type of sexual harassment would be called as quid pro quo as it deals with the advantage in return for something

Therefore the same would be considered

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