This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: If Daniel produces one pair of shoes in 4 hours and Sarah produces one pair of shoes in 3 hours, ... (Read 177 times)

karen

  • Hero Member
  • *****
  • Posts: 537
on: Jul 1, 2018
If Daniel produces one pair of shoes in 4 hours and Sarah produces one pair of shoes in 3 hours, then
 a. Sarah has a comparative advantage in shoemaking
  b. Daniel has a comparative advantage in shoemaking
  c. Sarah has an absolute and a comparative advantage in shoemaking
  d. Daniel has an absolute and a comparative advantage in shoemaking
  e. Sarah has an absolute advantage in shoemaking

Question 2

Helen gives up the opportunity to bake 40 cakes for each room she paints; Josh can paint one room in the time it takes him to bake 60 cakes. The opportunity cost of a cake for Josh is
 a. painting one room
  b. painting 1/40 of a room
  c. painting 1/60 of a room
  d. painting 2/3 of a room
  e. painting 3/2 of a room


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

at

  • Sr. Member
  • ****
  • Posts: 359
Reply #1 on: Jul 1, 2018
Answer to Question 1

E

Answer to Question 2

C


karen

  • Member
  • Posts: 537
Reply 2 on: Jul 1, 2018
YES! Correct, THANKS for helping me on my review

kishoreddi

  • Member
  • Posts: 329
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

Cyanide works by making the human body unable to use oxygen.

Did you know?

Fewer than 10% of babies are born on their exact due dates, 50% are born within 1 week of the due date, and 90% are born within 2 weeks of the date.

Did you know?

Anesthesia awareness is a potentially disturbing adverse effect wherein patients who have been paralyzed with muscle relaxants may awaken. They may be aware of their surroundings but unable to communicate or move. Neurologic monitoring equipment that helps to more closely check the patient's anesthesia stages is now available to avoid the occurrence of anesthesia awareness.

Did you know?

The average older adult in the United States takes five prescription drugs per day. Half of these drugs contain a sedative. Alcohol should therefore be avoided by most senior citizens because of the dangerous interactions between alcohol and sedatives.

Did you know?

In 1886, William Bates reported on the discovery of a substance produced by the adrenal gland that turned out to be epinephrine (adrenaline). In 1904, this drug was first artificially synthesized by Friedrich Stolz.

Faulty outlooping produces lambda phage containing bacterial DNA Faulty outlooping produces lambda phage containing bacterial DNA
Sarah Sze, Triple Point (Pendulum). Sarah Sze, Triple Point (Pendulum).
An organism has alleles R1 and R2 on one pair of homologous chromosomes, and it has alleles T1 ... An organism has alleles R1 and R2 on one pair of homologous chromosomes, and it has alleles T1 ...
The distribution of the number of hours that a random sample of people spend doing chores per ... The distribution of the number of hours that a random sample of people spend doing chores per ...
(a) Chromosome painting with five different-colored markers in a normal cell. (b) Painting produces (a) Chromosome painting with five different-colored markers in a normal cell. (b) Painting produces
Stripe pattern of pair-rule gene expression in a Drosophila embryo Stripe pattern of pair-rule gene expression in a Drosophila embryo
Video: Erythropoietin (EPO)

For a complete list of videos, visit our video library