Ask Question
BusinessBusiness
1 January, 05:36

Alpha Colony and Beta Colony both manufacture textiles and technology. Alpha Colony always produces higher quality textiles and technology with fewer raw materials and in less time than Beta Colony. Which statement would explain the reason why Alpha Colony has an advantage over Beta Colony?

+3
Answers (1)
  1. 1 January, 05:54
    0
    Answer: Alpha Colony has an absolute advantage because it has better production methods and more productive workers.

    Explanation:

    According to International trade theory, the fact that the Alpha Colony has an absolute advantage over Beta Colony doesn't mean that trade can't exist between.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Alpha Colony and Beta Colony both manufacture textiles and technology. Alpha Colony always produces higher quality textiles and technology ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
Sears at one time lost sight of its mission and jumped into markets such as real estate and financial services that did not fit its strengths or core operations.
Answers (1)
An organization that wishes to improve efficiency, productivity, and employee well-being might conduct in which they assess how inputs, equipment, and human capital coordinate to complete work and in turn the organizational outputs.
Answers (1)
Nike hires more employees and is able to produce more product. After a year or so, the demand for that gear has dropped but the supply is the same.
Answers (1)
A firm's production function is best described as A. a relationship between the total cost of production and the level of output. B.
Answers (1)
Technician a says dealerships perform maintenance, diagnosis, and warranty repairs. technician b says dealership technicians rarely are sent for manufacturer training. who is correct?
Answers (1)
New Questions in Business
Mike gets angry because Ben made a better grade on a test than he did. They get into an argument, and Mike takes a swing at Ben intending to hit him. Ben shoves Mike in order to avoid the blow.
Answers (1)
A company facing an interest rate of 8% must choose among projects offering the following four-year cash flows.
Answers (1)
Natalie has an easement to drive across Donald's road. Which of the following circumstances would terminate this easement? A. Sale of Natalie's propertyB. Sale of Donald's propertyC. Revocation of the easement by DonaldD.
Answers (1)
In a basic AD-AS model, if the economy is at the equilibrium on the far left of the potential real output level, then a contractionary monetary policy will
Answers (2)
What is the most common work-related hazard for a room attendant
Answers (1)
Home » Business » Alpha Colony and Beta Colony both manufacture textiles and technology. Alpha Colony always produces higher quality textiles and technology with fewer raw materials and in less time than Beta Colony.
Sign Up Forgot Password?