Leading producer of carpets

Assignment Help Business Economics
Reference no: EM131037772

Dalton, Georgia has developed into a leading producer of carpets, despite its small size. What is the reason for Dalton's comparative advantage in carpet production?

A) the development of superior process technology

B) an abundant supply of unskilled labor

C) Dalton is located near a railroad hub that it uses to transport carpet.

D) external economies

Reference no: EM131037772

Questions Cloud

Design the circuit to obtain a voltage gain : D 8.41 The circuit in Fig. 8.15(a) is fabricated in a 0.18-μm CMOS technology for which μnCox = 400 μA/V2, μpCox = 100 μA/V2, Vtn = -Vtp = 0.5 V, V_ An = 5 V/μm, /V / Ap / = 5 V/μm, and VDD = 1.8 V.
Marginal revenue and marginal cost : Rapido's marketing experts tell the CEO of Rapido that if it decreased prices by 20%, it would sell so many more shoes that profits would rise. If the expert is correct, at its current output, what can you infer about its marginal revenue and marg..
Financial crisis between the federal reserve system : Please help with a report comparing RECENT financial crisis between the Federal Reserve System and European Central Bank and how both of them responded to the crisis.
Explain whether or not there is any basis to your client''s : Research relevant tax code and explain whether or not there is any basis to your client's statement. Please be sure to reference the relevant tax code(s) in your discussion and clearly state your position.
Leading producer of carpets : Dalton, Georgia has developed into a leading producer of carpets, despite its small size. What is the reason for Dalton's comparative advantage in carpet production?
Which statement you feel is the most informative for company : At the bottom of one of the income statements you prepare, explain which statement you feel is the most informative for a company? Explain your reasoning.
Book the depreciation of the building for march : Book the transaction of the purchase of the building on March 01, 2005 - Book the depreciation of the building for March 2005
What is the lowest cost schedule for the shortest time : What is the shortest time period in which the project can be completed using the expected times listed in Table 1? What is the shortest time in which the project can be completed? What is the lowest cost schedule for this shortest time?
Why is an erp system important to your organisation : Discuss how information technology plays a role in the competitive environment of your organisation. How do you describe the competition to attract and retain clients/customers for your organisation? How do you describe the threat of substitute in..

Reviews

Write a Review

Business Economics Questions & Answers

  Was anything really memorable about the films

Was the movies examples "Real World" and presented without any particular bias? Was anything really memorable about the films?

  Globalization from the perspective of a small business

Discuss the positive aspects of globalization, and contrast these with the negative aspects of globalization from the perspective of a small business. Be sure to address the pros and cons of outsourcing in your response.

  Illustrate what would be the pes-dollar exchange rate

Illustrate what would be the pes0-dollar exchange rate be if purchasing-power parity holds. If a monetary expansion caused all prices in Mexico to double.

  Q1 how does the theory of efficient production apply to

q1. how does the theory of efficient production apply to managers of government bureaus or departments that are not run

  The federal reserves organization

While all members of the Federal Reserve Board of Governors vote at Federal Open Market Committee (FOMC) meetings, only______ of the regional bank presidents are members of the FOMC. The Federal Reserve's role as a lender of last resort involves lend..

  PPT slides where highly variable data leads to uncertainty

The PPT slides suggest that variation is closely related to the ideas of risk and uncertainty. Describe two examples from the PPT slides where highly variable data leads to uncertainty about outcomes and where risk-averse and risk-seeking individuals..

  Illustrates the concept of cyclical unemployment

The economy is at full-employment and spending increases, which spurs inflation - Which of these groups would be helped by inflation

  Snacks-beverages versus newspaper sales techniques

Snacks/beverages versus newspaper sales techniques and expand your discussion to include the benefits that a person gets from consuming other goods and services. Apply the marginal utility and diminishing marginal utility analysis concepts when posti..

  Qrecently there has been great controversy about some state

q.recently there has been great controversy about some state governments attempting to use eminent domain to tear down

  Difference between total costs and variable costs

The difference between total costs and variable costs is:

  Commodity in market that resembles perfect competition

You are the manager of a firm that sells a “commodity” in a market that resembles perfect competition, and your cost function is C(Q) = 40Q + 5Q2 (so MC = 40+10Q). Calculate the expected market price. What output should you produce in order to maximi..

  What would happens to the level of gross debt

what happens to the amount of debt held by the public. What would happens to the level of gross debt.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd