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

Author Question: Sweatshirts are produced using cotton and labour. In Montega, a sweatshirt can be produced with 3 ... (Read 95 times)

geodog55

  • Hero Member
  • *****
  • Posts: 530
on: May 25, 2020
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.
Essential Economics for Business ¦ Sloman, Jones ¦ 5th Edition
Buy Test-Bank


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
Reply #1 on: May 25, 2020
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
Wow, this really help

JCABRERA33

  • Member
  • Posts: 344
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

When intravenous medications are involved in adverse drug events, their harmful effects may occur more rapidly, and be more severe than errors with oral medications. This is due to the direct administration into the bloodstream.

Did you know?

Blood in the urine can be a sign of a kidney stone, glomerulonephritis, or other kidney problems.

Did you know?

A seasonal flu vaccine is the best way to reduce the chances you will get seasonal influenza and spread it to others.

Did you know?

Patients who have undergone chemotherapy for the treatment of cancer often complain of a lack of mental focus; memory loss; and a general diminution in abilities such as multitasking, attention span, and general mental agility.

Did you know?

To combat osteoporosis, changes in lifestyle and diet are recommended. At-risk patients should include 1,200 to 1,500 mg of calcium daily either via dietary means or with supplements.

Cotton Pygmy Goose - male in Thailand Cotton Pygmy Goose - male in Thailand
Prices for Cotton and for Slaves, 1802–1860 Prices for Cotton and for Slaves, 1802–1860
Responses Produced by Activation of Specific Opioid Receptors Responses Produced by Activation of Specific Opioid Receptors
Find the factor demand for labour and the amount of output it will produce. Show all ... Find the factor demand for labour and the amount of output it will produce. Show all ...
How many grams of H2 gas can be produced by the reaction of 54.0 grams of Al(s) with an excess ... How many grams of H2 gas can be produced by the reaction of 54.0 grams of Al(s) with an excess ...
Uniparental disomy can be produced by several mechanisms involving nondisjunction in meiosis, nondis Uniparental disomy can be produced by several mechanisms involving nondisjunction in meiosis, nondis
Video: Stomach peristalsis - Movement of Food Through the Small Intestine

For a complete list of videos, visit our video library