« previous next »

Author Question: The above table shows the number of pencils or pens that could be produced by Don and Bob in an ... (Read 58 times)

Capo

  • Hero Member
  • *****
  • Posts: 545
on: Jun 29, 2018
The above table shows the number of pencils or pens that could be produced by Don and Bob in an hour. This schedule shows that
 
  A) Don has an absolute advantage in the production of pencils, and Bob has an absolute advantage in the production of pens.
  B) Bob has an absolute advantage in the production of pencils, and Don has an absolute advantage in the production of pens.
  C) Don has a comparative advantage in the production of both pencils and pens.
  D) Bob has a comparative advantage in the production of pencils.

Question 2

In Barylia, Greenaqua Corp . is the sole controller of a resource required for the production of bottled drinking water. Therefore, Greenaqua Corp . enjoys:
 
  A) legal market power.
  B) natural market power.
  C) regulated market power.
  D) restricted market power.


jazzlynnnnn

  • Sr. Member
  • ****
  • Posts: 335
Reply #1 on: Jun 29, 2018
Answer to Question 1

D

Answer to Question 2

B


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

In the United States, there is a birth every 8 seconds, according to the U.S. Census Bureau's Population Clock.

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?

Serum cholesterol testing in adults is recommended every 1 to 5 years. People with diabetes and a family history of high cholesterol should be tested even more frequently.

Did you know?

Prostaglandins were first isolated from human semen in Sweden in the 1930s. They were so named because the researcher thought that they came from the prostate gland. In fact, prostaglandins exist and are synthesized in almost every cell of the body.

Did you know?

Over time, chronic hepatitis B virus and hepatitis C virus infections can progress to advanced liver disease, liver failure, and hepatocellular carcinoma. Unlike other forms, more than 80% of hepatitis C infections become chronic and lead to liver disease. When combined with hepatitis B, hepatitis C now accounts for 75% percent of all cases of liver disease around the world. Liver failure caused by hepatitis C is now leading cause of liver transplants in the United States.

A complete cranium of Au. Afarensis from Hadar, Ethiopia, shows a prognathic face and a small brainc A complete cranium of Au. Afarensis from Hadar, Ethiopia, shows a prognathic face and a small brainc
Terminology for Movement Produced by Muscles Terminology for Movement Produced by Muscles
Number 12 Number 12
table table
Relationship between the number of amino acid substitutions Relationship between the number of amino acid substitutions
Directions: Fill in the correct number or word(s). Order: Lantus U-100 insulin 68 units subcut ... Directions: Fill in the correct number or word(s). Order: Lantus U-100 insulin 68 units subcut ...
Video: Barriers - eye structures, digestive mucosa, respiratory mucosa & genitourinary mucosa

For a complete list of videos, visit our video library