Which situation best illustrates the concept of absolute advantage?
A. A factory in Vietnam can produce more shoes than other
countries.
B. The total value of U.S. exports is lower than the value of the
country's imports.
C. A software company is forced to increase its prices to pay for
rising labor costs.
D. A restaurant buys its ingredients from nearby farms to help the
local economy

Answers

Answer 1

Answer:

A factory in Vietnam can produce more shoes than other countries.

Explanation:

Absolute advantage is the potential of an individual,  a company, or a  country to produce a higher quantity of output than its competitors while using the same inputs. It means an institution with absolute advantage has more efficiency in producing a particular commodity than its rivals. It utilizes lower marginal cost (materials and labor), making its output much cheaper than others.

A factory in Vietnam has an absolute advantage because it can produce shoes at a lower cost than others. Absolute advantage makes the factory more competitive in the market than its rivals.

Answer 2

Answer:A) A factory in Vietnam can produce more shoes than other countries.

Explanation: got it right in the quiz!!!!


Related Questions

How do culture and social communities shape
communication?

Answers

Answer:

It states that social groups distinctively shape member's perspectives. "Standpoint Theory". Multiple social communities may coexist in a single culture.

Hope this helps:)

What did you learn about structured
arguments/debating?

Answers

Answer: They learn organization and clarity, how to persuade and how to listen. Debate also teaches the tricks of the trade, eye contact, effective gestures and teaches students poise, presence and confidence.

Explanation:

1. The federal government is considering some fiscal policy alternatives. Will its choice between the following pairs of policy changes influence the level of aggregate demand, and if so how?
a) An increase in taxes of 100 versus a reduction in transfer payments of 100.
b) An increase in highway construction of 100 versus an increase in Social Security benefits of 100.
c) A reduction in military procurement of 100 versus a reduction in scientific research of 100.
d) A reduction in mass transit programs of 100 versus a tax increase of 100.

2. Consider an economy in which the marginal propensity to consume is two-thirds, prices are constant, the multiplier is three, G is initially 1,000, taxes are autonomous (not related to income) and are initially 1,300, transfer payments are initially 300, and GDP is initially 7,000.
a) The government wishes to increase GDP to 7,300, and it is considering changing government purchases, or taxes, or transfer payments. What new levels of these fiscal policy tools would be needed? In each case, what would the new government surplus or deficit be?
b) Suppose instead that the government wished to reduce GDP to 6,400 and, again, it was considering using only one of its three available fiscal policy tools. What level of these tools would be needed? In each case, what would the government surplus or deficit be?
c) Suppose instead that the government wished to raise GDP to 7,100, but it was unwilling to run a surplus or deficit. Therefore the change in government purchases would have to be matched by an equal change in taxes. What change in government purchases and taxes would be needed?

3. The Sixteenth Amendment to the U.S. Constitution, adopted in 1913, permitted an American income tax for the first time. In view of this, explain why the multiplier was either higher or lower in the 19th century than it is today.

4. Assume that people do not change the amount of currency they wish to have in circulation. When a bank finds itself with excess reserves, it lends the excess; the borrower generally uses the funds to pay a third party, who in turn deposits the funds in a different bank. In each of the following cases, use balance sheets to trace the process of money creation (or contraction) through three banks, showing the change in the money supply at each stage.
a) Paul Prospector discovers a million dollars worth of gold, and deposits it in his bank. The required reserve ratio is 20 percent. (Hint: Use Accounting Ledger)

5. How much money in the form of bank deposits will $100 million in reserves support, if the reserve ratio is 10 percent, 20 percent, 25 percent, 33.3 percent, 50 percent, 100 percent?

Answers

Answer:

I'm positive that the answer is A. increase consumer spending

Explanation:

UwU np

( ILL GIVE 30 POINTS TO WHO HELPS ME, PLEASE HELP I DIDNT KNOW THIS WAS TODAY)
Which of these MOST influenced Jonathan Rodriguez and other car hobbyist?

Question 1 options:

the extra time created by pandemic restrictions


the availability of used cars and parts for them


the rise in street racing and other vehicle exhibitions

Question 2 (1 point)
According to the article, WHY did David Barnes get upgrades for his truck?

Question 2 options:

He wanted more horsepower to perform stunts in his truck.


He had a buyer willing to pay more for the modified truck.


He had a sentimental attachment to the 19-year-old Ford F-25.


He discovered the cost of a new truck was more than he expected.

Question 3 (1 point)
Read the following paragraph from the section "Street Racing."

Professionals like Rodriguez and weekend car hobbyists have been having fun souping up their cars. But they are pretty upset about something else. Pandemic restrictions have brought a sharp increase in street racers. Those drivers have been letting off some steam in dangerous exhibitions. They post videos on social media to gain more attention.

Which word from the paragraph helps the reader to understand that street racing is prohibited?

Question 3 options:

hobbyists


pandemic


dangerous


attention

Question 4 (1 point)
Read the following sentence from the section "Loud Cars."

Still, angry people weary of the noise have had enough.

Which answer choice is the BEST definition of the word "weary" as used in the sentence?

Question 4 options:

oppressed


overworked


tired


worried

Question 5 (1 point)
Is this statement TRUE or FALSE?

"For car fans, spending money on their dream projects has been a helpful hobby."

Question 5 options:
True
False

Answers

Answer:

the rise in street racing and other vehicle exhibitions

He discovered the cost of a new truck was more than he expected.

dangerous (The paragraph is saying that pandemic restrictions have increased street racing. It makes sense that the next sentence is explaining that the drivers let off steam by driving dangerously. )

tired

true

With some examples explain the importance of metaphysical thinking in your culture.

please, it's a philosophy question

Answers

Some examples of the importance of metaphysical thinking include analyzing the world origin, the consciousness, the co-existence of evil and good.

Metaphysical thinking involves thinking about the world and the aspects of it beyond the perception through senses such as taste, sight, smell, etc.

Metaphysical thinking is important because it allows societies to understand the world better and to study aspects such as consciousness and mind.

Some examples of this include:

Analyzing the origin of the world not from a scientific perspective but a philosophical perspective.Understanding the factors that cause "evil" and "good" to coexist.Reflecting on how consciousness works and the relationship of consciousness with "life purpose".

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Consider the equation:S+3O2 → SO3
Is this equation balanced? Why or why not?

Question 1 options:
Please help i will mark the brainlyest

Answers

Explanation:

S+3O2 → SO3

Not at all because in reactant side Oxygen have totally 6 molecule whereas in product Oxygen have only 3 molecules.

Equation will be stable if molecules of each element in reactant and product are equal

In most cases of classical conditioning, if the CS is presented after the UCS, what will
happen?
a) classical conditioning will not occur.
B)
spontaneous recovery will occur.
c) learning will occur more quickly.
operant conditioning will occur instead of classical conditioning

Answers

Answer:

c

Explanation:

Answer:

a) classical conditioning will not occur.

Explanation:

If a UCS is presented after a CS -

after conditioning, Neutral Stimulus (NS) has become a Conditioned Stimulus (CS). If the conditioned stimulus regularly precedes the unconditioned stimulus, acquisition occurs. If the conditioned stimulus is presented by itself, extinction occurs. A pause after extinction yields a brief spontaneous recovery.

If you present the CS without the UCS-

If a CS is repeatedly presented without the UCS, extinction occurs. However, the response is not “unlearned” or “wiped out.” Spontaneous recovery can occur if the organism is allowed to rest after extinction and the CS is once again presented.

Which of the Earth’s four spheres is composed of all the water on Earth, and is located at number 2 on the image above?

Please someone help me.

Answers

Answer:

The Hydrosphere

Explanation:

The hydrosphere is composed of all of the water on or near the planet's surface. This includes oceans, rivers, and lakes, as well as underground aquifers and the moisture in the atmosphere.

The top one should be right now that’s what I kind of got so I think she’s right

please help me on this its due in class now​

Answers

Answer:  Sumer, Assyria, and Babylonia

Explanation:

In "general" the territories of European countries follow ALL the laws of the EU

Answers

Regulations are legal acts that apply automatically and uniformly to all EU countries as soon as they enter into force, without needing to be transposed into national law. They are binding in their entirety on all EU countries

Which Greek gods were associated with music

Answers

Apollo, Hymenaeus, and Euterpe are some, but Apollo is probably the most notable.

Why do people migrate from one place to another?​

Answers

Explanation:

People migrate for many different reasons. These reasons can be classified as economic, social, political or environmental: social migration - moving somewhere for a better quality of life or to be closer to family or friends. political migration - moving to escape political persecution or war.

Answer:

People may choose to immigrate for a variety of reasons, such as employment opportunities, to escape a violent conflict, environmental factors, educational purposes, or to reunite with family.

For Granfield's article "Making It By Faking It," what sample of participants did he focus on for his analysis?

Answers

Asan pic , wala kasing pic eh di maintidihan

Current issues today and how it is related to liberty or federalism

Answers

Answer:

I say it is federalism

What challenge does a post
industrial society like North America face

Answers

Some of the drawbacks included air and water pollution and soil contamination that resulted in a significant deterioration of quality of life and life expectancy. Industrialization also exacerbated the separation of labor and capital.

if you multiplying 3 1/2 and 2/3 , what will the product?​

Answers

the product will be 7/3

............

1. What does a National Day mean?​

Answers

Answer:

The particular days in which great changes, events, or declarations have been made for the welfare of the concerned people, tribe, class, or the whole country is known as national days.There are certain days in our calendar which we observe with great enthusiasm throughout our country.

A National Day is a special day where people celebrate their country or nation day each year .

English ships that landed in Jamestown in the 16 seven Susan constant of discovery

Answers

Answer:

On May 13, 1607 three English ships the Susan Constant, Godspeed and Discovery with approximately 144 settlers and sailors, will land and plant the first permanent English colony in North America. Established by the Virginia Company of London this settlement would be called Jamestown, after king James.

How do schools make families feel visible, valuable, and validated? What does the term look like, sound like, feel like in an education al experience?

Answers

Listen and respect the opinions and suggestions from parents, and talk to the kids, get a better understanding of their point of view

why do you think most teachers are women​

Answers

Explanation:

Generally, it's attributed to gender differences I occupational preferences and social roles. But our research suggests economics forces may be a key contributing factor .

Do you think Qatar as the host nation of this upcoming mega-event is doing enough (from a PR perspective) to attract more tourists across the globe?

Answers

YES....

Hosting a mega-event such as the 2022 FIFA Men’s World Cup is a defining moment for

Qatar, a country that is in transition, small in size and population, and rich in natural gas reserves. It is

a unique opportunity to host a universal event and leave a sustainable positive legacy for the country.

However, the preparation, execution, and after-effects of such events are challenging initiatives with

significant long-term impacts on the economy, society, and environment in the hosting country and

nearby region. This study addresses the intersection between mega sports events and sustainability,

to systematically compare and learn from past mega-events and apply that to the case of the Qatar

2022 World Cup. The Qatari bid proposed a new FIFA Men’s World Cup (WC) spatial compact model

around just one city area and the goal of achieving the first carbon-neutral WC. Herein, the challenges,

opportunities, and progress in this scenario are evaluated accordingly, showing that local organizers

are applying green technologies, urban development concepts, and strongly upholding the idea of

legacies based on the Qatar National Vision 2030, which envisions sustainable development of the

country. However, additional work is still needed to reduce environmental impacts and on several

reported social issues.

I need help urgently please write a paragraph about one or all of my questions my first one is what is importance of following laws my second one is respecting others important because why my third one is why is taking responsibility important and My Final question is why is being active in your community important
I really need help it is due tomorrow

Answers

por que el mundo , los fenomenos fisicos se rigen en este universo a traves de leyes sin las leyes el caos abundaria

es nesecario ser activo por que eso demuestra responsabilidad madures y liderazgo dentro de una comunidad.

Who makes decisions about government and laws in a democracy?
A.
dictators
B.
military leaders
C.
citizens
D.
aristocrats

Answers

Answer:

C.

Explanation:

If it's not I'm sorry!!

Answer:

c.the answer is citizens

the term categorical in its simplest definition mean what

Answers

Answer:

1 : absolute, unqualified a categorical denial. 2a : of, relating to, or constituting a category. b : involving, according with, or considered with respect to specific categories a categorical system for classifying books.

Would a group of free, equal and rational people necessarily agree on a set of rules for live by? If not, is this a problem for contractarianism?

Answers

Answer:

Yes, it's a problem

Explanation:

Simply because all can't agreed on a set of rules, kinda hard though but anyway in the group, they're still passionate fellows.

What ideas are the same in the Declaration of Independence and Common Sense?

Answers

Answer:Freedom, liberty, consent, duty, and all other things attributed to America

Explanation:

Answer:

1) In Common Sense by Thomas Paine, he focuses primarily on the relationship between the Colonies and Great Britain. In his introduction, he says he feels that there is 'a long habit of not thinking a thing wrong'; which 'gives it a superficial appearance of being right'; (693). He is alluding to the relationship, also calling it a 'violent abuse of power'; (693). Jefferson says something of similar regard towards Great Britain, saying, that the king had established an 'absolute tyranny'; over the states. They both believe that the governance of Britain was oppressive and unjust and it's better they seperate The commonly shared notion between the two documents is that a government ought to meet the needs of the people. And if this responsibility is not kept, and power is abused, the people have every right to oppose the authorities (ie. the king or anyone holding the seat of governance)

Explanation:

differences between social thought and social theory​

Answers

Answer:

social thought is that branch of thought which is primarily concerned with man's general social life and it's problems as created whereas social theory are analytical framework,or paradigms that are used to study and interpret social phonomena.

As Reiman and Leighton (2009) wrote, "The rich get richer and the poor get prison". How might a Marxist or conflict theorist explain this sentence? Discuss a specific theorist.

Answers

Answer:

Sorry to my answer i need a point and i ask a question thnks :(

The lecture described two perspectives on police legitimacy: the instrumental perspective and the procedural justice perspective. Describe each perspective and explain what factors are important to each. According to research by Sunshine and Taylor (2002), which elements of these perspectives actually predict perceptions of police legitimacy

Answers

Factors that influence the instrumental perspective include the perception about crime, while factors that influence the procedural perspective include the concept of fairness in protocols. On the other hand, the elements that help predict perspectives about police legitimacy are social values and judgments.

Police legitimacy refers to the perception of people about police based on:

The police act as protectors, not as attackers.The police act as positive authorities.

This perception has two main perspectives:

Instrumental perspective: This perspective proposes the police is a required instrument to maintain order and harmony in society. This perspective is based on the following elements:

Crime is a normal factor in most societies.An institution is needed to stop criminals.

Procedural perspective: This perspective proposes the police's decisions and procedures should be transparent and fair. This perspective is based on the following elements.

The police should have appropriate protocols to deal with different situations.The processes and protocols should not be unfair.

This topic has been widely studied by many researchers including Sunshine and Taylor in 2002, who proposed the police legitimacy perspectives are shaped by elements such as:

Social values.Judgments.

This is because in most cases judgements or social values such as ideas about police shape what people feel and think about this institution.

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the phase of the business cycle with the highest level of GDP and the lowest unemployment rate is called ..

a) through

b) contraction


c) expansion

d) peak

PLEASE HELP!!!

Answers

Answer:

The highest point of the economy, before a recession begins, is called the peak; conversely, the lowest point of a recession, before a recovery begins, is called the trough. Thus, a recession lasts from peak to trough, and an economic upswing runs from trough to peak.

The phase of the business cycle with the highest level of GDP and the lowest unemployment rate is called the peak. Hence option D is correct.

What is Peak ?

During this phase, the economy is operating at full capacity, with strong demand for goods and services, high levels of production, and low levels of unemployment. In other words, the peak is the phase in the business cycle when the economy is performing at its best.

During the peak phase, consumer confidence is high, and businesses are expanding their operations and investing in new projects. This leads to increased employment opportunities, higher wages, and a general sense of economic prosperity.

However, the peak phase can also lead to inflationary pressures as demand outstrips supply, which can eventually lead to a slowdown in economic growth.

It is important to note that the peak phase is typically followed by a contraction phase, where the economy starts to slow down and eventually enters a recession. As such, policymakers and businesses need to be aware of the signs of an approaching peak phase and prepare for a potential slowdown in economic activity.

Learn more about peak here

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