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Author Question: In 2014, employees covered by company-provided health insurance paid ________ percent of the cost of ... (Read 138 times)

TVarnum

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on: Jun 29, 2018
In 2014, employees covered by company-provided health insurance paid ________ percent of the cost of their own health insurance.
 
  A) 3 B) 18 C) 37 D) 65

Question 2

Suppose in Finland a worker can produce either 32 cell phones or 4 kayaks while in Canada a worker can produce either 40 cell phones or 10 kayaks.
 
  a. Which country has an absolute advantage in cell phone production? In kayak production?
  b. What is the opportunity cost of 1 cell phone in Finland? In Canada?
  c. What is the opportunity cost of 1 kayak in Finland? In Canada?
  d. Which country has a comparative advantage in cell phone production? In kayak production?
  e. Suppose each country has 1,000 workers. Currently, each country devotes 40 percent of its labor force to cell phone production and 60 percent to kayak production. What is the output of cell phones and kayaks for each country and what is the total output of cell phones and kayaks between the two countries?
  f. Suppose each country specializes in the production of the good in which it has a comparative advantage. What is the total output of cell phones and kayaks in the two countries?
  g. Provide a numerical example to show how Finland and Canada can both gain from trade. Assume that the terms of trade are established at 6 cell phones for 1 kayak.
InMicro ¦ Hubbard, O'Brien ¦ 1st Edition
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micaelaswann

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Reply #1 on: Jun 29, 2018
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.
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Puneet Pabla

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Reply #2 on: Feb 4, 2020
thank you


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