Pat decides to purchase a Hyundai from South Korea instead of the U. S.-produced Ford because of the vehicle's lower price. This illustrates the

A) absolute advantage of the U. S. in the producing Ford Vehicles

B) absolute advantage of South Korea in producing Ford vehicles

C) comparative advantage of the U. S. in producing Hyundai vehicles

D) absolute advantage of South Korea in producing Hyundai vehicles

Read the following scenario and answer the question in 5-10 sentences. you are the owner of a small business that is a defendant in a lawsuit in federal court. you received bad news from your lawyer that the judge did not allow certain documents to be admitted as evidence in court and that the jury reached a $50,000 verdict in favor of the plaintiff. your lawyer tells you that it is within your legal right to hire him to file an appeal with the united states court of appeals. if the appellate court rules in your favor, you may be able to avoid paying part or all of the $50,000. evaluate your lawyer’s suggestion about appealing the decision.

Salt corporation's contribution margin ratio is 78% and its fixed monthly expenses are $30,000. assume that the company's sales for may are expected to be $89,000. required: estimate the company's net operating income for may, assuming that the fixed monthly expenses do not change.

What do you think: would it be more profitable to own 200 shares of penny’s pickles or 1 share of exxon? why do you think that?