Business
Business, 17.12.2020 17:00, wadepoolio8836

Sam and Christine both run their own lawn care businesses. Sam can mow a lawn in 30 minutes and trim a lawn in 20 minutes: Christine can mow a lawn in 20 minutes and trim a lawn in 20 minutes Who has absolute and comparative advantage in trimming lawns?
А
Sam has comparative advantage in trimming lawns; no one has absolute advantage in trimming lawns.
B
Christine has comparative advantage in trimming lawns; no one has absolute advantage in trimming lawns.
С
Christine has absolute and comparative advantage in trimming lawns.
D
Sam has absolute and comparative advantage in trimming lawns.

answer
Answers: 1

Other questions on the subject: Business

image
Business, 22.06.2019 08:10, gildedav001
The sec has historically raised questions regarding the independence of firms that derive a significant portion of their total revenues from one audit client or group of clients because the sec staff believes this situation causes cpa firms to
Answers: 3
image
Business, 22.06.2019 15:20, rasv3491
Garfield corporation is considering building a new plant in canada. it predicts sales at the new plant to be 50,000 units at $5.00/unit. below is a listing of estimated expenses. category total annual expenses % of annual expense that are fixed materials $50,000 10% labor $90,000 20% overhead $40,000 30% marketing/admin $20,000 50% a canadian firm was contracted to sell the product and will receive a commission of 10% of the sales price. no u. s. home office expenses will be allocated to the new facility. the contribution margin ratio for garfield corporation is
Answers: 2
image
Business, 23.06.2019 01:30, fanta47
Bruce matthews played football for the tennessee titans. as part of his contract, he agreed to submit any dispute to arbitra- tion. he also agreed that tennessee law would determine all matters related to workers' compensation. after matthews retired, he filed a workers' compensation claim in california. the arbitrator ruled that matthews could pursue his claim in california but only under tennessee law. should this award be set aside?
Answers: 2
image
Business, 23.06.2019 10:00, dani595
Bagwell's net income for the year ended december 31, year 2 was $189,000. information from bagwell's comparative balance sheets is given below. compute the cash received from the sale of its common stock during year 2. at december 31 year 2 year 1 common stock, $5 par value $ 504,000 $ 453,600 paid-in capital in excess of par 952,000 856,600 retained earnings 692,000 585,600
Answers: 3
Do you know the correct answer?
Sam and Christine both run their own lawn care businesses. Sam can mow a lawn in 30 minutes and trim...

Questions in other subjects: