This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: If Daniel produces one pair of shoes in 4 hours and Sarah produces one pair of shoes in 3 hours, ... (Read 95 times)

karen

  • Hero Member
  • *****
  • Posts: 537
on: Jul 1, 2018
If Daniel produces one pair of shoes in 4 hours and Sarah produces one pair of shoes in 3 hours, then
 a. Sarah has a comparative advantage in shoemaking
  b. Daniel has a comparative advantage in shoemaking
  c. Sarah has an absolute and a comparative advantage in shoemaking
  d. Daniel has an absolute and a comparative advantage in shoemaking
  e. Sarah has an absolute advantage in shoemaking

Question 2

Helen gives up the opportunity to bake 40 cakes for each room she paints; Josh can paint one room in the time it takes him to bake 60 cakes. The opportunity cost of a cake for Josh is
 a. painting one room
  b. painting 1/40 of a room
  c. painting 1/60 of a room
  d. painting 2/3 of a room
  e. painting 3/2 of a room


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

at

  • Sr. Member
  • ****
  • Posts: 359
Reply #1 on: Jul 1, 2018
Answer to Question 1

E

Answer to Question 2

C


karen

  • Member
  • Posts: 537
Reply 2 on: Jul 1, 2018
Thanks for the timely response, appreciate it

tandmlomax84

  • Member
  • Posts: 323
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

Every 10 seconds, a person in the United States goes to the emergency room complaining of head pain. About 1.2 million visits are for acute migraine attacks.

Did you know?

Bisphosphonates were first developed in the nineteenth century. They were first investigated for use in disorders of bone metabolism in the 1960s. They are now used clinically for the treatment of osteoporosis, Paget's disease, bone metastasis, multiple myeloma, and other conditions that feature bone fragility.

Did you know?

Pope Sylvester II tried to introduce Arabic numbers into Europe between the years 999 and 1003, but their use did not catch on for a few more centuries, and Roman numerals continued to be the primary number system.

Did you know?

Persons who overdose with cardiac glycosides have a better chance of overall survival if they can survive the first 24 hours after the overdose.

Did you know?

Hippocrates noted that blood separates into four differently colored liquids when removed from the body and examined: a pure red liquid mixed with white liquid material with a yellow-colored froth at the top and a black substance that settles underneath; he named these the four humors (for blood, phlegm, yellow bile, and black bile).

A mast cell, which produces the symptoms of a hypersensitivity reaction. A mast cell, which produces the symptoms of a hypersensitivity reaction.
Independent assortment produces 50 percent recombinants Independent assortment produces 50 percent recombinants
Republican candidates John McCain and Sarah Palin campaign at Franklin & Marshall University in Republican candidates John McCain and Sarah Palin campaign at Franklin & Marshall University in
In early industrialization, children worked alongside adults. They worked 12 hours a day Monday to ... In early industrialization, children worked alongside adults. They worked 12 hours a day Monday to ...
Multiple-dose drug administration. Drug A and drug B are administered every 12 hours. Drug B reaches ... Multiple-dose drug administration. Drug A and drug B are administered every 12 hours. Drug B reaches ...
The clock generator produces a series of pulses that are used by the microprocessor and other ... The clock generator produces a series of pulses that are used by the microprocessor and other ...
Video: First Stage of Labor and Delivery Video

For a complete list of videos, visit our video library