Business
Business, 03.08.2019 15:00, davechucktaylor

In italy, an automobile can be produced by 8 workers in one day and a washing machine by 3 workers in one day. in the united states, an automobile can be produced by 6 workers in one day, and a washing machine by 2 workers in one day. don't abbreviate the country name for your answers (use italy. united states). a. has an absolute advantage in the production of automobiles? has an absolute advantage in washing machines? b. has a comparative advantage in the production of washing machines? has a comparative advantage in automobiles? c. this means that should specialize in washing machines and should specialize in automobiles. blank 1: blank 2: blank 3: blank 4: blank 5: blank 6: question 2 shadow and kodi are stranded on a tropical island. in 1 hour kodi can cut down 12 coconuts or catch 8 fish. in 1 hour shadow can cut down 10 coconuts or catch only 5 fish. who has absolute advantage in cutting down coconuts? who has absolute advantage in catching fish? who has comparative advantage in cutting down coconuts? who has comparative advantage in catching fish? if they each spend one-half of our time cutting down coconuts and catching fish, how many coconuts and fish can they produce in total between us in two hours? if they decide to specialize, how many coconuts and fish can they produce in total between us in two hours? put you answers in fractions. answers 1. has the absolute advantage in cutting down coconuts. has the absolute advantage in catching fish. 2. has the comparative advantage in cutting down coconuts. has the comparative advantage in catching fish. shadow's opportunity cost for producing coconuts is fish. shadow's opportunity cost for catching fish is coconuts. kodi's opportunity cost for producing coconuts is . kodi's opportunity cost for catching fish is . 3. between them they can produce cocunuts and catch fish. 4. if they decide to specialize they can produce coconuts in 2 hours and catch fish in 2 hours.

answer
Answers: 1

Other questions on the subject: Business

image
Business, 21.06.2019 15:30, gwoodbyrne
Thirty years ago daniel bought a plot of land for $50,000 when the cpi was 50. now the cpi is 180 and he sold the land for $180,000. what issue might inflation cause for daniel?
Answers: 2
image
Business, 22.06.2019 11:50, tre9990
The smelting department of kiner company has the following production and cost data for november. production: beginning work in process 3,700 units that are 100% complete as to materials and 23% complete as to conversion costs; units transferred out 10,500 units; and ending work in process 8,100 units that are 100% complete as to materials and 41% complete as to conversion costs. compute the equivalent units of production for (a) materials and (b) conversion costs for the month of november. materials conversion costs total equivalent units
Answers: 1
image
Business, 22.06.2019 17:30, nikki8240
Communication comes in various forms. which of the following is considered an old form of communication? a) e-mail b) letter c) skype d) texting
Answers: 2
image
Business, 22.06.2019 19:00, xojade
1. what must one do to perform the essential managerial task of controlling in achieving organizational goals? a. motivate, coordinate, and energize individuals and groups to work together to achieve organizational goals b. choose appropriate organizational goals and courses of action to best achieve those goals c. establish task and authority relationships that allow people to work together to achieve organizational goals d. establish accurate measuring and monitoring systems to evaluate how well the organization has achieved its goals
Answers: 1
Do you know the correct answer?
In italy, an automobile can be produced by 8 workers in one day and a washing machine by 3 workers i...

Questions in other subjects: