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 90 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
Excellent

softEldritch

  • Member
  • Posts: 334
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

« previous next »
 

Did you know?

Recent studies have shown that the number of medication errors increases in relation to the number of orders that are verified per pharmacist, per work shift.

Did you know?

Of the estimated 2 million heroin users in the United States, 600,000–800,000 are considered hardcore addicts. Heroin addiction is considered to be one of the hardest addictions to recover from.

Did you know?

Each year in the United States, there are approximately six million pregnancies. This means that at any one time, about 4% of women in the United States are pregnant.

Did you know?

About 3.2 billion people, nearly half the world population, are at risk for malaria. In 2015, there are about 214 million malaria cases and an estimated 438,000 malaria deaths.

Did you know?

About 60% of newborn infants in the United States are jaundiced; that is, they look yellow. Kernicterus is a form of brain damage caused by excessive jaundice. When babies begin to be affected by excessive jaundice and begin to have brain damage, they become excessively lethargic.

Dred Scott and his wife and children are featured on the cover of Frank Leslie’s Illustrated Newspap Dred Scott and his wife and children are featured on the cover of Frank Leslie’s Illustrated Newspap
Contractions and Labour during childbirth Contractions and Labour during childbirth
Baby labour position Baby labour position
Sterile cotton balls Sterile cotton balls
Statistics Canada, Labour Force Survey Statistics Canada, Labour Force Survey
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 ...
Video: Helper T cell receptors, activation, proliferation, differentiation & action

For a complete list of videos, visit our video library