Business, 13.11.2019 03:31, 05leslun42715

You are getting ready to open the shoe hut, but you need to need to determine whether you have the absolute or comparative advantage in the production of specific items. this will you determine which product is the best for specialization.

your production possibilities are as follows:

· you have the resources to produce up to 15 running shoe inserts.

· you have the resources to produce up to 10 hiking boot inserts.

· for every 2 hiking boot inserts produced, you give up the production of 3 running shoe inserts.

your production possibilities schedule will you determine:

your opportunity costs.

your best options for production.

scroll to the next page to complete your production possibilities schedule.

1. using the information that you learned about your ability to produce running shoe inserts and hiking boot inserts, complete your using the information that you learned about your ability to produce running shoe inserts and hiking boot inserts, complete your production possibilities schedule.

Answers: 2

Show answers

Other questions on the subject: Business

Business, 21.06.2019 18:40, Leftie500

Which of the following is most likely to lead to a general decrease in wages? a. elastic demand b. public goods c. an economic recovery d. immigration 2b2t

Answers: 1

continue

Business, 22.06.2019 07:00, Maria3737

For the past six years, the price of slippery rock stock has been increasing at a rate of 8.21 percent a year. currently, the stock is priced at $43.40 a share and has a required return of 11.65 percent. what is the dividend yield? 3.20 percent 2.75 percent 3.69 percent

Answers: 3

continue

Business, 22.06.2019 20:30, Arealbot

Afirm wants to hire a project manager (pm) at a salary of $100,000. 30% of pms have high ability, and 70% of pms have low ability. high ability pms generate $120,000 in revenue and low ability pms generate $80,000 in revenue. in addition to differences in productivity, high and low ability pms have different outside offers. if a high ability pm is not hired by the firm, she can work for another company at a salary of $80,000. if the low ability pm is not hired by the firm, she can work for another company for $70,000. high ability pms are also able to get a project management professional (pmp) certification at a cost of $1,000. low ability pms are unable to get a pmp certification (they would fail the test). the firm is not able to observe a pm’s ability, but is able to observe and verify whether or not the pm has a pmp certificate.(a) draw the extensive form of the game. expert answer

Answers: 3

continue

Business, 22.06.2019 22:20, Shubbs

Which of the following is one disadvantage of renting a place to live compared to buying a home? a. tenants have to pay for all repairs to the building. b. the landlord covers the expenses of maintaining the property. c. residents can't alter their living space without permission. d. rent is generally more than monthly mortgage payments.

Answers: 1

continue

Do you know the correct answer?

You are getting ready to open the shoe hut, but you need to need to determine whether you have the a...