1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
yulyashka [42]
1 year ago
14

In Chile, one worker can harvest 4 pounds of peppers or 4 pounds of coffee beans. In Argentina, one worker can harvest 2 pounds

of peppers or 8 pounds of coffee beans. What is the opportunity cost for both countries to harvest another 4 pounds of peppers
Business
1 answer:
Monica [59]1 year ago
8 0

Chile- 4 pounds of coffee beans, Argentina - 16 pounds of coffee beans, is the correct solution of the question.

<h3>Explanation of the question?</h3>

It loses 4 pounds of coffee beans if one worker produces 4 pounds of peppers. As a result, if the worker produces 4 pounds extra peppers, 4 pounds of coffee beans will be lost. As a result, the opportunity cost of generating an additional 4 pounds of peppers for Chile is equal to 4 pounds of coffee beans.

Argentina's case:

It loses 8 pounds of coffee beans if one worker produces 2 pounds of peppers.

As a result, if the worker produces 1 pound of pepper, it loses = 8/2 = 4 pounds of coffee beans.

The worker will lose = 4 * 4 = 16 pounds of coffee beans if he produces 4 pounds of peppers.

As a result, the potential cost of producing an additional 4 pounds of peppers for Argentina is 16 pounds of coffee beans.

Thus, it is 4 pounds of coffee beans, Argentina - 16 pounds of coffee beans.

For more details about about the question, click here:

brainly.com/question/15304707

#SPJ1

You might be interested in
Econ please helppp :(((((
Lelechka [254]

Answer:

Pure competition

Explanation:

Pure competition refers to an ideal market with very many suppliers selling an identical product. Because the sellers are many, none of them can influence the price. Pure competition is also the perfect competition.  Other characteristics of perfect competition include.

  1. easy to enter and exit the market since there are no trade barriers
  2. All sellers sell a homogeneous product
  3. all sellers are price takers
  4. There are many buyers.
  5. Buyers have sufficient knowledge of prices and suppliers.
5 0
3 years ago
As treasury secretary, Alexander Hamilton Select one: a. wanted to eliminate the national debt. b. opposed the federal governmen
Anna35 [415]

Answer:

C) supported the creation of a national bank.

Explanation:

As the first treasury secretary, Alexander Hamilton supported the creation of a national bank because he believed it would strengthen the national economy, since the country had been recently formed.

He finally succeeded in creating the Bank of the United States in 1791, which was the first national bank of the US. The Bank of the US started operating in 1797 in Philadelphia.

5 0
3 years ago
On October 17, Nickle Company purchased a building and a plot of land for $589,200. The building was valued at $312,276 while th
Travka [436]

Answer:

Explanation:

The journal entry is shown below:

Building A/c Dr $312,276

Land A/c Dr       $276,924

        To Cash A/c             $61,900

        To Notes payable A/c $527,300

(Being the purchase of building and land for cash and note payable is recorded)

The computation of the notes payable is shown below:

= Total purchase value - cash paid

= $589,200 - $61,900

= $527,300

3 0
3 years ago
Which type of currency was not used in the united states during its early years?
SVETLANKA909090 [29]
According to answers.com its greenbacks
6 0
3 years ago
Read 2 more answers
After segmentation, the customer group selected by a firm is referred to as the target market.
love history [14]
True. 

Segmentation allows a firm to break the customer market by different categories and groups, such as demographics, market location, age, gender, and more. The segmentation process uses data to help the firm choose its target market to capture the most value. The customer group selected is then the target market for the firm. 
7 0
3 years ago
Other questions:
  • Countries A and B both produce bicycles. Country B has a comparative
    15·1 answer
  • Glacial Company estimates that variable costs will be 53.1% of sales, and fixed costs will total $710,000. The selling price of
    6·1 answer
  • Explain why do you think you would be hired based on your selected interview outfit?
    7·1 answer
  • PLEAS HELP!!!!!!!! I NEED ANSWERS ASAP!!!!!​
    14·1 answer
  • A listing given to any number of brokers without liability to compensate any broker, except the one who first secures a buyer re
    7·1 answer
  • What is the first step of business law
    13·1 answer
  • Which is true about people working in a market economy who have labor skills that are in demand?
    9·1 answer
  • g- Tom and John are excited to purchase a new house. Based on where they live they can find a good house for $800,000. They need
    9·1 answer
  • A bond that has a face value of $150 maturing in one year is available for purchase for $134 . What is the interest rate offered
    11·1 answer
  • In a mixed-market economy, the government plays a role and can affect the circular flow of income. Governments participate in th
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!