Use the concept of comparative and absolute advantage to illustrate why a fast-typing business executive might dictate
Question:
Use the concept of comparative and absolute advantage to illustrate why a fast-typing business executive might dictate letters on a digital audio recorder for her secretary to type rather than type them herself?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 57% (7 reviews)
There re tw tyes f dvntge ssited with rtiulr rdut tht is n bslute dvntge nd mrtive dvntge bslute dvn...View the full answer
Answered By
Antony Mutonga
I am a professional educator and writer with exceptional skills in assisting bloggers and other specializations that necessitate a fantastic writer. One of the most significant parts of being the best is that I have provided excellent service to a large number of clients. With my exceptional abilities, I have amassed a large number of references, allowing me to continue working as a respected and admired writer. As a skilled content writer, I am also a reputable IT writer with the necessary talents to turn papers into exceptional results.
4.50+
2+ Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Business questions
-
Use the concept of opportunity cost to explain why velocity is higher at higher interest rates.
-
For companies with no history of positive earnings, such as startup companies, growth of revenues provides an alternative performance measure and indicator of possible future earning power. This is...
-
Use the concept of opportunity cost to explain the following. a. More people choose to get graduate degrees when the job market is poor. b. More people choose to do their own home repairs when the...
-
Role-play a human resources manager trying to convince the company CEO and two of his executives (role-played by three students) that introducing some of the rewards discussed in the case opening is...
-
In tax-effect accounting, creation of temporary differences between the carrying amount and the tax base for assets and liabilities leads to the establishment of deferred tax assets and liabilities...
-
JingHui is about to have her end-of-year performance review (for the past year) for a portfolio she manages. This is a well-diversified portfolio, and in preparation for this meeting JingHui has...
-
Presented below are the financial statements of two companies that are identical in every respect except the method of valuing their inventories. The method of valuing inventory is LIFO for the LIFO...
-
On January 1, Year 4, Handy Company (Handy) purchased 70% of the outstanding common shares of Dandy Limited (Dandy) for $13,300. On that date, Dandy's shareholders' equity consisted of common shares...
-
Jenna, a healthcare administration leader, determined last week that patient satisfaction scores had fallen from the mean of 8 7 . She wants to know why. She believes that it may have something to do...
-
Excess capacity Krogh Lumbers 2005 financial statements are shown here. a. Assume that the company was operating at full capacity in 2005 with regard to all items except fixed assets; fixed assets in...
-
Is Social Security closer to a defined benefit plan or a defined contribution plan?
-
List some reasons why the United States might import and export cars, airplanes, chemicals, and petroleum products?
-
What arguments do low-income countries make in international discussions of global environmental cleanup?
-
Write 4 paragraphs about 'modes of communication in Blackberry' with citation and references in APA style.
-
Silver Company makes a product that is very popular as a Mother's Day gift. Thus, peak sales occur in May of each year, as shown in the company's sales budget for the second quarter given below:...
-
a) Write short notes on the following fundamental concepts of microeconomics: (i) Scarcity and Choice (ii) Opportunity cost (iii) Production possibility frontier (iv) Positive and normative economics...
-
Anderson Corporation has found that 8 0 % of its sales in any given month are credit sales, while the remainder are cash sales. Of the credit sales, Anderson Corporation has experienced the following...
-
Assume that one of your clients asks for your assistance in allocating the $ 9 . 0 0 0 , 0 0 0 cost of a 1 0 0 % acquisition of a competitor firm. You estimate the fair value of the net assets on the...
-
A survey given to a sample of 200 college students contained questions about the following variables. For each variable, identify the kind of graph that should be used to display the distribution of...
-
Anna, a high school counselor, devised a program that integrates classroom learning with vocational training to help adolescents at risk for school dropouts stay in school and transition to work...
-
Lisa and her daughter Jane are equal shareholders in Lisas Flooring, Inc. Lisa founded the corporation and was the sole owner for over twenty years. The company is very successful and Lisa has...
-
Larrys Art Gallery sells oil paintings, lithographs, and bronzes to collectors and corporations. Customers often come to Larry looking for special pieces. In order to meet customer needs, Larry often...
-
For each of the following items, indicate whether the individual taxpayer must include any amount in gross income. a. Employees of East-side Bookstore are given their birthdays off with pay. b....
-
Multiple comparison procedures #2 "The U.S. Centers for Disease Control and Prevention said about 72 million Americansnearly one out of every four of the country's 304 million residentsare considered...
-
answer this question for rio tinto as the company include academic sources and articles with url and references: b ) An evaluation of the company's capital structure policy and establish a link with...
-
The companies are; -Coupang -Medtronic -Lufthansa Differences in the supply chain between the 3 companies and a conclusion.
Study smarter with the SolutionInn App