Comparative advantage includes inherited resources, such as labor, climate, arable land, and petroleum reserves

Indicate whether the statement is true or false

TRUE

Business

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Ad hoc is a Latin word, meaning ________

A) out of chaos B) from one, many C) by that very act D) with respect to a specific purpose E) and the rest

Business

The FIFO method of inventory valuation uses

A. Average Cost B. Last in, First out C. First in, First out D. First in, Last out

Business