David takes 10 minutes to process a customer, and 20 minutes to stock the shelves. Danny takes 15 minutes to process a customer, and 15 minutes to stock the shelves. Which of the following statements is true?
A) Danny has a comparative advantage in processing customers and in stocking shelves.
B) David has a comparative advantage in processing customers but not in stocking shelves.
C) Danny has an absolute advantage in performing both tasks.
D) Danny has a comparative advantage in processing customers but not in stocking shelves.
E) David has an absolute advantage in performing both tasks.
Question 2
If the exchange rate rises as shown by the arrow in the figure above, the price of imports coming into the United States will be ________, Americans will supply ________ dollars in order to get the foreign exchange to purchase ________ imported goods
.
A) higher; more; more
B) lower; more; more
C) lower; fewer; more
D) lower; fewer; fewer
E) higher; fewer; more
The figure above shows supply curves of dollars in the foreign exchange market.
The respiratory system and the process of gas exchange.
Before starting the process of adjusting the valves, look up the specifications and exact ...
David Vetter, the "bubble boy."
Converting Degrees to Degrees, Minutes, Seconds