This topic contains a solution. Click here to go to the answer

Author Question: Sweatshirts are produced using cotton and labour. In Montega, a sweatshirt can be produced with 3 ... (Read 62 times)

geodog55

  • Hero Member
  • *****
  • Posts: 530
Sweatshirts are produced using cotton and labour. In Montega, a sweatshirt can be produced with 3 kilos of cotton and 3 hours of labour time. In Xena, a sweatshirt can be produced with 3 kilos of cotton and 2 hours of labour time. Which of the following is TRUE?
◦ Montega has both a comparative and an absolute advantage in the production of sweatshirts.
◦ Montega has an absolute advantage in the production of sweatshirts, but from this information it cannot be determined if Montega has a comparative advantage in the production of sweatshirts.
◦ Xena has an absolute advantage in the production of sweatshirts, but from this information it cannot be determined if Xena has a comparative advantage in the production of sweatshirts.
◦ Xena has both a comparative and an absolute advantage in the production of sweatshirts.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by geodog55 on May 25, 2020

dominiqueenicolee

  • Sr. Member
  • ****
  • Posts: 314
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 50% of students answer this correctly




geodog55

  • Member
  • Posts: 530
Reply 2 on: May 25, 2020
:D TYSM


meow1234

  • Member
  • Posts: 333
Reply 3 on: Yesterday
Wow, this really help

 

Did you know?

Adult head lice are gray, about ? inch long, and often have a tiny dot on their backs. A female can lay between 50 and 150 eggs within the several weeks that she is alive. They feed on human blood.

Did you know?

The toxic levels for lithium carbonate are close to the therapeutic levels. Signs of toxicity include fine hand tremor, polyuria, mild thirst, nausea, general discomfort, diarrhea, vomiting, drowsiness, muscular weakness, lack of coordination, ataxia, giddiness, tinnitus, and blurred vision.

Did you know?

Over time, chronic hepatitis B virus and hepatitis C virus infections can progress to advanced liver disease, liver failure, and hepatocellular carcinoma. Unlike other forms, more than 80% of hepatitis C infections become chronic and lead to liver disease. When combined with hepatitis B, hepatitis C now accounts for 75% percent of all cases of liver disease around the world. Liver failure caused by hepatitis C is now leading cause of liver transplants in the United States.

Did you know?

This year, an estimated 1.4 million Americans will have a new or recurrent heart attack.

Did you know?

Limit intake of red meat and dairy products made with whole milk. Choose skim milk, low-fat or fat-free dairy products. Limit fried food. Use healthy oils when cooking.

For a complete list of videos, visit our video library