View the following link and then answer the questions below. week 7 video assume that in one hour of work, noah can produce 8 pounds of walnuts or 12 pounds of plums. whereas, in one hour of work, madison can produce 5 pounds of walnuts or 15 pounds of plums. given this information, answer the following questions: who has the absolute advantage in the production of walnuts? who has the comparative advantage in the production of plums? should noah and madison trade with each other? if so, which good should each person produce?

a progressive tax is a tax that imposes a lower tax rate on low-income earners compared to those with a higher income, making it based on the taxpayer's ability to pay. that means it takes a bigger percentage from high income earners than it does from low income people.

lbc corporation makes and sells a product called product wz. each unit of product wz requires 4.1 hours of direct labor at the rate of $20.00 per direct labor-hour. management would like you to prepare a direct labor budget for june. the company plans to sell 28,000 units of product wz in june. the finished goods inventories o