Business, 21.02.2020 18:01, Dweath50

Suppose that in Slovakia one unit of labor can produce either 16 tons of wheat or 32 tons of soy and in Poland one unit of labor can produce either 4 tons of wheat or 2 tons of soy. Given this information, which of the following statements is true?
A) Slovakia has a comparative advantage in producing both wheat and soy.
B) Poland has a comparative advantage in producing soy but not wheat.
C) Slovakia has a comparative advantage in producing neither wheat not soy.
D) Poland has a comparative advantage in producing wheat but not soy.

Answers: 2

Show answers

Other questions on the subject: Business

Business, 22.06.2019 15:50, jackievelasquez7881

Singer and mcmann are partners in a business. singer’s original capital was $40,000 and mcmann’s was $60,000. they agree to salaries of $12,000 and $18,000 for singer and mcmann respectively and 10% interest on original capital. if they agree to share remaining profits and losses on a 3: 2 ratio, what will mcmann’s share of the income be if the income for the year was $15,000?

Answers: 1

continue

Business, 23.06.2019 07:50, erinolson07cats

Suppose for a consumer the marginal utility (mu) of bread is 20 utils and the mu of milk is 10 utils; the price of bread is $3 and the price of milk is $1. given this, a. more utility per dollar is gained from consuming bread than milk. b. more utility per dollar is gained from consuming milk than bread. c. the same amount of utility per dollar is gained from consuming milk as bread. d. the consumer is in consumer equilibrium.

Answers: 1

continue

Business, 23.06.2019 20:00, alexalvarez304

Will mark brainliest a brief overview of your company's strengths, weaknesses, opportunities, and threats is called a branding strategy. financial evaluation. paranoid scenario. situational analysis.

Answers: 1

continue

Business, 23.06.2019 21:00, amandanunnery33

Question 20 if orange juice prices double next year, there will be a rightward shift in the demand for grapefruit juice. rightward shift in the supply of grapefruit juice. leftward shift in the supply of grapefruit juice. leftward shift in the demand for grapefruit juice.

Answers: 1

continue

Do you know the correct answer?

Suppose that in Slovakia one unit of labor can produce either 16 tons of wheat or 32 tons of soy and...