« previous next »

Author Question: The above table shows the number of pencils or pens that could be produced by Don and Bob in an ... (Read 131 times)

Capo

  • Hero Member
  • *****
  • Posts: 545
on: Jun 29, 2018
The above table shows the number of pencils or pens that could be produced by Don and Bob in an hour. This schedule shows that
 
  A) Don has an absolute advantage in the production of pencils, and Bob has an absolute advantage in the production of pens.
  B) Bob has an absolute advantage in the production of pencils, and Don has an absolute advantage in the production of pens.
  C) Don has a comparative advantage in the production of both pencils and pens.
  D) Bob has a comparative advantage in the production of pencils.

Question 2

In Barylia, Greenaqua Corp . is the sole controller of a resource required for the production of bottled drinking water. Therefore, Greenaqua Corp . enjoys:
 
  A) legal market power.
  B) natural market power.
  C) regulated market power.
  D) restricted market power.


jazzlynnnnn

  • Sr. Member
  • ****
  • Posts: 335
Reply #1 on: Jun 29, 2018
Answer to Question 1

D

Answer to Question 2

B


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

The heart is located in the center of the chest, with part of it tipped slightly so that it taps against the left side of the chest.

Did you know?

Human neurons are so small that they require a microscope in order to be seen. However, some neurons can be up to 3 feet long, such as those that extend from the spinal cord to the toes.

Did you know?

The newest statin drug, rosuvastatin, has been called a superstatin because it appears to reduce LDL cholesterol to a greater degree than the other approved statin drugs.

Did you know?

According to research, pregnant women tend to eat more if carrying a baby boy. Male fetuses may secrete a chemical that stimulates their mothers to step up her energy intake.

Did you know?

Although the Roman numeral for the number 4 has always been taught to have been "IV," according to historians, the ancient Romans probably used "IIII" most of the time. This is partially backed up by the fact that early grandfather clocks displayed IIII for the number 4 instead of IV. Early clockmakers apparently thought that the IIII balanced out the VIII (used for the number 8) on the clock face and that it just looked better.

Differences in the number and location of flagella. Differences in the number and location of flagella.
This image shows growing blood vessels in the retina of a mouse This image shows growing blood vessels in the retina of a mouse
This Native American depiction of the Sand Creek Massacre, painted on a buffalo hide, shows the Indi This Native American depiction of the Sand Creek Massacre, painted on a buffalo hide, shows the Indi
Checklist for Choosing a Massage Table Checklist for Choosing a Massage Table
Standing at the head of the table, apply oil or lotion to the entire back and shoulders with ... Standing at the head of the table, apply oil or lotion to the entire back and shoulders with ...
Life Table for an Annual Plant Cohort Life Table for an Annual Plant Cohort
Video: Burn Animation

For a complete list of videos, visit our video library