Which of the following is not a benefit of specialization and trade? it allows for more efficient use of resources goods may be obtained at a lower opportunity cost a nation's consumption possibilities will be increased it encourages countries to produce a greater variety of goods and services
Answers
The statement "it encourages countries to produce a greater variety of goods and service " is not a benefit of specialization and trade.
Specialization and trade primarily focus on the efficient allocation of resources and production of goods and services based on comparative advantage. By specializing in the production of goods and services in which they have a comparative advantage, countries can achieve several benefits:
1. More efficient use of resources: Specialization allows resources to be allocated to the activities in which they are most productive, resulting in higher overall efficiency and productivity.
2. Lower opportunity cost: When countries specialize in producing goods and services they are relatively more efficient at, they can produce more output for a given amount of resources, leading to lower opportunity costs.
3. Increased consumption possibilities: Through specialization and trade, countries can access a wider range of goods and services produced by other nations. This expands their consumption possibilities beyond what they could produce domestically, allowing for a higher standard of living.
However, encouraging countries to produce a greater variety of goods and services is not a direct benefit of specialization and trade. While trade can increase access to a greater variety of goods and services, specialization typically involves focusing on a narrower range of products where countries have a comparative advantage. The benefit lies in efficiency and maximizing productivity, rather than diversifying the range of goods and services produced.
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Related Questions
what is the term for when businesses produce goods and services that consumers do not want
Answers
Answer:
Productive (technical) inefficiency.
Explanation:
A market failure can be defined as a situation in which the market fails to produce an efficient level of productivity or output that is required to meet consumer demand.
This ultimately implies that, a market failure arises when there is inefficiency in the distribution or allocation of goods and services in a free market.
In Economics, there are two types of inefficiency associated with the production of goods and services, these includes;
1. Allocative inefficiency: it occurs when businesses do not maximise output from the given inputs. Thus, it arises when businesses fail to increase the level of their production or productivity from a number of given inputs.
In conclusion, allocative inefficiency typically occurs when the price of a good or service isn't equal to its marginal cost i.e P ≠ MC.
2. Productive (technical) inefficiency: it occurs when businesses produce goods and services that consumers do not want. This is typically as a result of the incorrect and inefficient allocation of scarce resources by a business firm or entity.
Identify the problem by analyzing the given scenario. An IT software company is losing market share because it fails to launch new products in a timely manner. Decisions are centralized at the top, and employees have little or no voice. One way to solve this problem is to use teams to eliminate ____ in the company.
Answers
Explanation:
to eliminate their best efforts in the company
Answer:
"bureaucratic barriers"
Explanation:
i got it right on plato
What can a boosted post help an advertiser achieve?
Answers
A boosted post helps an adviser to connect with the audience and gain trust.
Boosted post is a kind of post that is used on social media platforms in order to enhance the page of the platform and to attract audience to the page. Boosted post can help better communication with the audience along with the increase in a greater number of messages, calls and texts. Boosted posts help for better advertisements of the product. For example, A Chocolate brand may use Boosted posts to gain audience as well as consumers. Boosted posts helps an adviser to be discovered among people, to establish a benchmark in the market and to gain more and more customers. It's a kind of marketing strategy used for publicity purpose.
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What is this? Please help!!!
Answers
Answer:
I would go with C but not completely positive
Explanation:
C is the only one that makes sense to me when it’s asking for an observation.
Assignment Topic & Details: Literature Review and theoretical Framework
Topic : Job engagement
On the topic of your research project (Job engagement )
you are required to submit a literature review and theoretical framework with following steps :
1- Read articles on your topic and write down a literature review section. It should be a comprehensive review of literature.
2- Identify the variables of your study and define them.
3- Explain the relationship among the variables
4- In light of relationships make a diagram of your research model.
5- In light of the relationships and diagram, develop hypotheses of your study.
Please answer in detai
Answers
Assignment Topic & Details: Literature Review and theoretical Framework Topic: Job engagement On the topic of your research project (Job engagement), you are required to submit a literature review and theoretical framework with the following steps:1. Read articles on your topic and write down a literature review section.
It provides the basis for understanding and evaluating previous research, identifying knowledge gaps, and determining areas where further research is needed. To write a literature review on Job engagement, you need to search for scholarly articles, journals, books, and other relevant sources. A comprehensive review of literature on job engagement should include the following aspects: Introduction to the topic of job engagement Definition of job engagement Brief history of job engagement The importance of job engagement in an organization Factors influencing job engagement, such as management styles, employee motivation, work environment, etc.2. Identify the variables of your study and define them .Variables are factors that can change or be manipulated in a research study. In the case of Job engagement, the variables may include employee engagement, employee satisfaction, job performance, organizational commitment, and turnover intention. In order to identify these variables, you need to review the literature you have collected and find out what factors have been identified as contributing to job engagement.
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the account for each supplier of merchandise will appear in the accounts payable subsidiary ledger. T/F
Answers
True. The accounts payable subsidiary ledger is a detailed record of the amounts owed to each supplier for the merchandise or services provided to the company. For each supplier, a separate account is created in the subsidiary ledger, which is a supplement to the accounts payable account in the general ledger.
The accounts payable subsidiary ledger typically includes the supplier name, account number, and details of each transaction such as invoice number, date, amount, and payment terms. By maintaining a detailed record of accounts payable in the subsidiary ledger, the company can keep track of its outstanding liabilities, monitor the payment terms and due dates, and ensure timely payments to suppliers.
The accounts payable subsidiary ledger is also helpful in identifying errors and discrepancies in invoices or payments, and in reconciling the accounts payable account in the general ledger with the individual accounts in the subsidiary ledger.
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with the use of diagram differentiate between change in demand and change in quantity demanded
Answers
Answer:
Changes in demand are those that occur due to price while everything else is held constant. These changes are represented by a movement along the demand curve.
Changes in quantity demanded are those that occur due to factors other than price, for example: variations in consumers preferences, seasonality of goods, or income rises. These changes are represented by a shift of the demand curve, either to the right, representing more quantity demanded at any given price, or shifts to the left, representing less quantity demanded at any given price.
Click this link to view O*NET’s Work Activities section for Licensing Examiners and Inspectors. Note that common activities are listed toward the top, and less common activities are listed toward the bottom. According to O*NET, what are some common work activities performed by Licensing Examiners and Inspectors? Check all that apply. working directly with the public evaluating information staffing organizational units drafting technical devices interacting with computers getting information
Answers
Answer:
Licensing Examiners and Inspectors examine, evaluate, and investigate eligibility for, conformity with, or liability under licenses or permits.. Here is what a typical day’s work for a Licensing Examiner and Inspector looks like: Issue licenses to individuals meeting standards. Collect fees for licenses.
Explanation:
Answer: A B E F
Explanation:
Pls I need help asap
Fill in the blanks by using the word Elastic or Inelastic. If there are many producers supply is likely to be _________________ , and if there are few producers supply is likely to be _______________________ . Durable and storable goods like cars have an _______________ supply while perishable goods like flowers have a ____________________ supply
Answers
Answer:
First, elastic
second inelastic
third, elastic
fourth, inelastic
Answer:
Explanation:
If a change in the price of a product significantly influences the supply and demand, it is considered “elastic.” Likewise, if a change in product price does not significantly change the supply and demand, it is considered “inelastic.” For elastic demand, when the price of a product increases the demand goes down.
International trade is still mostly concentrated among the developed countries of the Northern Hemisphere. Which country is the largest importer of the world?
Answers
Answer:
China&the U.S.
Explanation:
These two countries are lead producers and importers. You lift the tag of your favorite sweatshirt and see Made in China. The U.S. does'nt produce as much goods, but importing is a big U.S. sideline business. The U.S. imports alot of goods worlwide. From The Indies to The Middle East, the U.S. is a lead importer.
how to use service economy and consumer and also producer in a sentence
Answers
To use service economy and consumer and also a producer in a sentence, you could say:
"The service economy relies on both consumers and producers to drive growth, as consumers demand services and producers meet those demands through their offerings."
What is a Service Economy?The term "service economy" might apply to either of two current economic developments: The growing prominence of the service industry in developed economies.
The current Fortune 500 list includes more service businesses and fewer manufacturing than prior decades.
The service-based economy is distinguished by a dominant tertiary sector, an availability of services, a limited number of manufacturers, and the majority of service-based economies being located in first-world nations.
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i. separating recyclables from regular waste before incineration ii. using incinerator ash in the construction of roads iii. incinerators that use refuse-derived fuels (rdf) iii only i and ii i and iii i, ii, and iii
Answers
The options that are viable methods for waste management are i) separating recyclables from regular waste before incineration and ii) using incinerator ash in the construction of roads.
Which methods are effective for waste management?Effective waste management is crucial for sustainable and environmentally responsible practices. Among the options provided, two methods stand out as viable approaches.
The first method involves separating recyclables from regular waste before incineration.
This process allows for the recovery and recycling of valuable materials such as paper, plastic, glass, and metal, reducing the amount of waste that ultimately reaches landfills or incinerators.
The second method is utilizing incinerator ash in the construction of roads. Incineration produces ash as a byproduct, and when properly processed, this ash can be used in road construction.
Incorporating incinerator ash into road materials, it provides a beneficial application for the waste material and reduces the need for other resources in road building.
These methods contribute to the principles of waste reduction, resource conservation, and circular economy practices. By separating recyclables, valuable materials can be reused, minimizing the extraction of new resources. Additionally, using incinerator ash in road construction offers a sustainable alternative to conventional road-building materials.
While the third option of incinerators that use refuse-derived fuels (RDF) is not mentioned as a viable method, it is important to note that RDF can also be an effective waste management strategy.
RDF involves converting waste materials into a fuel source that can be used for energy generation, reducing the reliance on fossil fuels.
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1) A free-market system cannot operate effectively and fairly without a reliable foundation in __________.a. contract lawb. government regulationc. equality of considerationd. equity
Answers
Contract law is the right response. In a free-market economy, there is no government involvement and supply and demand interact to determine prices, salaries, and other economic considerations.
In a free-market economy, people and companies are allowed to conduct business and deal with one another in a way that serves their own interests.
However, a solid basis in contract law is necessary for a free-market system to function efficiently and fairly. The legal framework that permits people and organisations to make agreements with one another and to enforce those agreements when they are broken is established by contract law. Without contract law, it would be challenging for firms to reach agreements with their clients, vendors, and other business associates since there would be no legal foundation for upholding such agreements. A solid foundation in contract law is essential for a free-market economy to operate, even while governmental control, equality of consideration, and justice are all critical in developing a just and efficient economic system.
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Prasad Inc. is planning to export one of their trusted products in another foreign country. As part of their planning, they must make sure the product is profitable. Briefly explain three (3) things to consider in planning for a successful product.
In your opinion, how do market factors affect the cost and price of goods in the international market.
Explain the term "demurrage charge"?
Answers
Three things to consider in planning for a successful product are: Market research Market research helps companies to determine the needs of the people that they are targeting.
Demurrage charges are designed to encourage the efficient use of resources by penalizing companies that do not use them in a timely manner. These charges are particularly common in the shipping industry where delays in loading and unloading can cause significant disruptions to supply chains.
Market research also helps companies identify their target audience and develop a unique value proposition that distinguishes their products from others in the market. Product design and testing Product design and testing is crucial to ensure that the product that is being developed meets the requirements of the target audience. The design of the product should be attractive and functional.
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Leah is buying a car. She has saved money for a down payment, and she takes out a loan to finance the rest of the amount owed. How much will Leah have to pay back?
A. The principal only
B. The principal minus the down payment
C. The down payment only
D. The principal plus interest
Answers
Answer:
Answer: D
Explanation:
Leah takes out a loan to finance the rest of the amount owed. She will have to pay back the principal plus interest. The appropriate response is option D.
What is the principal ?The principal of a loan is the sum that was initially borrowed and is still owing. Any accrued but unpaid interest related to the loan is not included in this sum. The phrase can also be used to describe the principal party to a contract or other type of commercial transaction.
The principal serves as the cornerstone upon which everything else is paid off or constructed, respectively, for both loans and investment accounts.
When a debt is incurred by the borrowing of money, interest is the sum that is charged. It may take a company or person some time to pay off a debt, so interest is frequently charged on a regular basis to promote prompt repayment of the initial sum.
Simple interest and compound interest are the two methods for calculating interest. Simple interest is calculated on a loan's principal. Compound interest is often referred to as "interest on interest".
Hence, the appropriate response is option D.
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What is expected rate of return if stock with beta of 1. if market rate of return is 14%?
Answers
The expected rate of return for a stock with a beta of 1 can be calculated using the Capital Asset Pricing Model (CAPM). The CAPM formula is:
Expected Return = Risk-Free Rate + Beta * (Market Return - Risk-Free Rate) ,In this case, the market rate of return is given as 14%. The risk-free rate is typically the return on a risk-free investment such as a government bond. For the purpose of this explanation, let's assume the risk-free rate is 5%.
Using the CAPM formula, we can calculate the expected rate of return as follows:
Expected Return = 5% + 1 * (14% - 5%)
Simplifying the equation, we get:
Expected Return = 5% + 1 * 9%
Expected Return = 5% + 9%
Expected Return = 14%
Therefore, the expected rate of return for a stock with a beta of 1, when the market rate of return is 14%, is 14%.
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Sherry owns a car business. She just received a shipment of Volkswagen SUVs. She paid $60,000 for each vehicle and wants to make 25% on each car sale. What is Sherry's selling price?.
Answers
The selling price of the price that is offered to the buyer of the goods. The selling price of the car should be $75,000.
What is the selling price?The selling price is the ultimate value of the goods the seller is willing to offer to the buyer at the time of sale. It is determined by adding up the profit margin to the actual cost of the goods.
The computation of the selling price of the car:
Given,
Cost price =$60,000Margin =25%\(\begin{aligned}\text{Selling Price}&=\text{Cost Price}+\text{Margin}\\&=\$60,000+(\$60,000\times25\%)\\&=\$60,000+\$15,000\\&=\$75,000\end{aligned}\)
Therefore, if Sherry wants to make 25% on the sale of each car then the car must be sold at $75,000 each.
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on a timeline, a milestone 14 years in the future will be to the ____ of a milestone 8 years in the future and to the ____ of a milestone 2 years in the future. left; left, right; left, right; right, left; right
Answers
Answer:
Right; Right
Explanation:
.
which of these transactions types increase how much you owe the credit card company
Answers
Answer:
hope it is helpful to you
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Wilson, Inc. , has a current stock price of $44. 50. For the past year, the company had net income of $6,400,000, total equity of $21,610,000, sales of $39,300,000, and 4. 4 million shares of stock outstanding.
A) What are earnings per share (EPS)?
B) What is the price earnings ratio?
C) What is the price sales ratio?
D) What is the book value per share?
E) What is the market-to-book ratio?
Answers
Current stock price = $44.50
Net income = $6,400,000
Total equity = $21,610,000
Sales = $39,300,000
shares of stock outstanding = 4.4 million
1. Earnings per share:
= Net income ÷ shares of stock outstanding
= $6,400,000 ÷ 4.4 million
= $1.45
2. Price−earnings ratio:
= Market price per share ÷ EPS
= $44.50 ÷ $1.45
= 30.68
3. Price−sales ratio:
= Market capitalization ÷ Total sales
= ($44.50 × 4,400,000) ÷ $39,300,000
= $195,800,000 ÷ $39,300,000
= 4.982
4. Book value per share:
= Shareholder's equity ÷ shares of stock outstanding
= $21,610,000 ÷ 4,400,000
= $4.911
5. Market-to-book ratio:
= Market value per share ÷ Book value per share
= $44.50 ÷ $4.911
= 9.061
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20. Analyzing market research is usually done by identifying________ making comparisons and developing________
Answers
Answer:
Define your research objective. The first step in the market research process
Explanation:
is to define your research objectives. ...
Develop your research questions. ...
Gather your research. ...
Interpret your findings. ...
Draw conclusions and make decisions.
what have you learned about staff management and development that you might apply to your own job search?
Answers
In staff management and development, I've learned the importance of effective communication, teamwork, and ongoing training. When applying these concepts to my own job search, I would focus on showcasing my communication and teamwork skills, as well as my commitment to continuous learning and professional growth.
About management and development staffStaff management refers to the process of recruiting, training, supervising, and motivating employees to maximize their performance and achieve the goals of the organization.
On the other hand, staff development is an ongoing process that prepares employees to meet the changing demands of their job and improve their skills and knowledge.
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100 points please help. let’s say eur/usd is trading at=1.1872. So if I have a forex account worth 100$ and I use a leverage of 1:100 I have 10000$ of buying power so if buy a mini lot of eur/usd. Do I only need to pay 10k or the quote price which would be 11872$ that I need to pay?
Answers
Answer:
With 100:1 leverage a trader can open a position 100 times greater than they could without leverage. For example, if the cost to purchase . 01 lots of EUR/USD is normally $1000 and the broker offers 100:1 leverage, then the trader must put up only $10 as margin.
Explanation:
a regular way municipal bond trade is performed on wednesday, march 13th. the interest payment dates are march 15th and september 15th. all of the following statements are true except:
A. settlement takes place on March 15th
B. the trade is "flat"
C. the seller must deliver the bonds to the buyer’s office
D. the buyer must pay accrued interest to the seller
Answers
On Wednesday, March 13th, a typical way municipal bond trade is executed. The interest payment dates are March 15th and September 15th. The given options are.
Settlement takes place on March 15th. The trade is "flat." The seller must deliver the bonds to the buyer’s office.D. The buyer must pay accrued interest to the seller.The right answer is A. Settlement takes place on March 15th.An explanation of each statement is provided below.
Settlement takes place on March 15th: This is not correct as there is a two-day lag between the trade and the settlement date. The trade is "flat": This is correct. This means that neither the buyer nor the seller of the bond would receive any interest payment on March 15th because the trade occurred before the record date.
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The picture is above, I’ll mark as brainliest
Answers
Answer:
c
i could not see the ful image until now srry
pls give brainliest i need for new rank
Explanation:
The Bellisimo Co. has just paid a dividend of $1.20. It has
announced that it will grow its dividend by 12% each year for the
next three years. It will then grow the dividend by 4% a year
thereafter.
Answers
The Bellisimo Co. has recently distributed a dividend of $1.20. The company plans to increase its dividend by 12% annually for the next three years.
After that, it will continue to grow the dividend by 4% per year.
This means that in the first year, the dividend will be $1.20 + 12% of $1.20. In the second year, the dividend will be the previous year's dividend + 12% of that amount, and so on for the third year. After the third year, the dividend will increase by 4% each year.
The information provided allows us to understand the pattern of dividend growth for Bellisimo Co. over the next few years. However, without additional financial information or context, it is difficult to make further assessments about the company's financial performance or the implications of this dividend growth on shareholders.
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1) Using the case to respond, assess three reasons why several international companies are recruiting (woo-ing) their executives from "Third Country Nationals" TCN’s
Answers
There are several reasons why international companies are recruiting Third Country Nationals (TCNs) for executive positions including cost-effectiveness, cultural knowledge and language proficiency
Cost effectiveness: Often, TCN's are willing to work for lower salaries than their counterparts in the home or host country. This can save the company a significant amount of money in terms of labor costs.Cultural knowledge: TCN's often have a deep understanding of the culture and customs of the host country, which can be invaluable for an international company. This can help the company navigate cultural differences and avoid potential pitfalls.Language proficiency: Many TCN's are multilingual, which can be a huge asset for an international company. Being able to communicate effectively with employees, customers, and other stakeholders in multiple languages is crucial for the success of a global business.Learn more about International companies:
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Which of the following are categories according to the Big Five Factors model?
Answers
Answer:
The Five Factor Model breaks personality down into five components: Agreeableness, Conscientiousness, Extraversion, Openness, and Stress Tolerance.
Explanation:
The expected return of the minimum variance portfolio is:
A. The risk-free rate
B. Insufficient information to answer the question
C. Zero
D. The market return
Answers
The expected return of the minimum variance portfolio is not provided in the question. Therefore, the correct answer is B. Insufficient information to answer the question.
The expected return of the minimum variance portfolio is not provided in the question. Therefore, the correct answer is B. Insufficient information to answer the question.
To understand why, let's break it down. The minimum variance portfolio is a portfolio that seeks to minimize risk by allocating assets in a way that reduces overall volatility. It is typically constructed by selecting assets with low correlation to each other.
The expected return of a portfolio depends on the returns of the individual assets and their respective weights in the portfolio. Without information on the specific assets and their returns, we cannot determine the expected return of the minimum variance portfolio.
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During the _____ stage of the business cycle, high unemployment begins to decline and the total disposable income of consumers increases.
Answers
Answer: I'm pretty sure the answer is recovery
Explanation:
because the cycle goes Prosperity, recession, depression, recovery