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NEW QUESTION: 1
What is the economic term used to describe the situation in which each nation specializes in the production of goods that it produces relatively more efficiently than other nations and imports those goods that are produced relatively more efficiently by other nations?
A. Comparative advantage.
B. Balance of trade.
C. Diminishing returns.
D. Relative competition.
Answer: A
Explanation:
The relevant concept is comparative advantage, which compares the costs of inputs within a single country_ In contrast, the concept of absolute advantage with respect of inputs between countries. It is possible that a country might have an absolute advantage, with respect to every product, but comparative. advantage is different from absolute advantage. A particular nation can have a comparative advantage even though it does not have an absolute advantage. For example assume that Country A can produce Item for US $100 and Item Y for US $200 and that Country B earl produce Item X for US $50 and Item Y for US $150. B has an absolute advantage in the production of both procedures however, B has a comparative advantage in producing Item X 50 100, or 50% of the A cost compared with 150 200, or 75% of the A cost for Item Y)_ A has a comparative advantage in producing Item Y 200 150. or 133% of the B cost, versus 100 50, or 200% for Item X). A nation will benefit by exporting goods in which it has a comparative advantage and importing goods in which it does not have a comparative advantage. Total output will be maximized when each nation specializes in the products in which it has the greatest comparative advantage or the least comparative disadvantage.

NEW QUESTION: 2
Which of the following parameters would affect the prioritization of the risk responses and development of the risk response plan? Each correct answer represents a complete solution. Choose three.
A. Importance of the risk
B. Effectiveness of the response
C. Cost of the response to reduce risk within tolerance levels
D. Time required to mitigate risk.
Answer: A,B,C
Explanation:
Explanation/Reference:
Explanation:
The prioritization of the risk responses and development of the risk response plan is influenced by several parameters:
Cost of the response to reduce risk within tolerance levels

Importance of the risk

Capability to implement the response

Effectiveness of the response

Efficiency of the response

Incorrect Answers:
B: Time required to mitigate risk does not influence the prioritization of the risk and development of the risk response plan. It affects the scheduled time of the project.

NEW QUESTION: 3
Refer to the exhibit. Which address and mask combination represents a summary of the routes learned by EIGRP?

A. 192.168.25.0 255.255.255.240
B. 192.168.25.16 255.255.255.240
C. 192.168.25.28 255.255.255.240
D. 192.168.25.16 255.255.255.252
E. 192.168.25.28 255.255.255.252
F. 192.168.25.0 255.255.255.252
Answer: B
Explanation:
The binary version of 20 is 10100.
The binary version of 16 is 10000.
The binary version of 24 is 11000.
The binary version of 28 is 11100.
The subnet mask is /28. The mask is 255.255.255.240.
Note:
From the output above, EIGRP learned 4 routes and we need to find out the summary of them:
+ 192.168.25.16
+ 192.168.25.20
+ 192.168.25.24
+ 192.168.25.28
-> The increment should bE. 28 ?16 = 12 but 12 is not an exponentiation of 2 so we must choose 16 (24). Therefore the subnet mask is /28 (=1111 1111.1111 1111.1111 1111.11110000) = 255.255.255.240 So the best answer should be 192.168.25.16 255.255.255.240

NEW QUESTION: 4
When was the first TGCS supermarket scanner developed?
A. 1950's
B. 1960's
C. 1980's
D. 1970's
Answer: D