Business, 05.09.2020 19:01 myaaa13754
A person who has an absolute advantage in the production of all goods will:
a. not have a comparative advantage in the production of any goods.
b. produce all goods at the lowest opportunity coot.
c. have a comparative advantage in the production of only some goods and not others.
d. not be able to gain from specialization and trade.
e. also have a comparative advantage in the production of all goods.
Answers: 2
Business, 22.06.2019 20:30
Afirm wants to strengthen its financial position. which of the following actions would increase its current ratio? a. reduce the company's days' sales outstanding to the industry average and use the resulting cash savings to purchase plant and equipment.b. use cash to repurchase some of the company's own stock.c. borrow using short-term debt and use the proceeds to repay debt that has a maturity of more than one year.d. issue new stock, then use some of the proceeds to purchase additional inventory and hold the remainder as cash.e. use cash to increase inventory holdings.
Answers: 3
Business, 22.06.2019 22:20
Which of the following is one disadvantage of renting a place to live compared to buying a home? a. tenants have to pay for all repairs to the building. b. the landlord covers the expenses of maintaining the property. c. residents can't alter their living space without permission. d. rent is generally more than monthly mortgage payments.
Answers: 1
A person who has an absolute advantage in the production of all goods will:
a. not have a comparati...
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