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 59 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
Great answer, keep it coming :)

jojobee318

  • Member
  • Posts: 298
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

« previous next »
 

Did you know?

The first oral chemotherapy drug for colon cancer was approved by FDA in 2001.

Did you know?

Most childhood vaccines are 90–99% effective in preventing disease. Side effects are rarely serious.

Did you know?

In ancient Rome, many of the richer people in the population had lead-induced gout. The reason for this is unclear. Lead poisoning has also been linked to madness.

Did you know?

During the twentieth century, a variant of the metric system was used in Russia and France in which the base unit of mass was the tonne. Instead of kilograms, this system used millitonnes (mt).

Did you know?

In 1885, the Lloyd Manufacturing Company of Albany, New York, promoted and sold "Cocaine Toothache Drops" at 15 cents per bottle! In 1914, the Harrison Narcotic Act brought the sale and distribution of this drug under federal control.

The division of labour in insect societies. The division of labour in insect societies.
Aphasic Syndromes Produced by Brain Damage Aphasic Syndromes Produced by Brain Damage
Reading and Writing Disorders Produced by Brain Damage Reading and Writing Disorders Produced by Brain Damage
This girl ran four spinning machines in a cotton mill in Whitnel, North Carolina. Only 4 feet, 3 inc This girl ran four spinning machines in a cotton mill in Whitnel, North Carolina. Only 4 feet, 3 inc
Responses Produced by Activation of Specific Opioid Receptors Responses Produced by Activation of Specific Opioid Receptors
Baby labour position Baby labour position
Video: The Krebs Cycle Animation

For a complete list of videos, visit our video library