Answer:
Emily's opportunity cost of producing 1 milkshake is 1 ice cream sundae.
Ben's opportunity cost of producing 1 milkshake is 0.5 ice cream sundae.
Explanation:
Both Emily and Ben own an ice cream parlor.
In an hour Emily can produce 40 milkshakes or 40 ice cream sundaes.
Emily's opportunity cost of producing a milkshake is
= 
= 
= 1 ice cream sundae
In an hour Ben can produce 20 milkshakes or 10 ice cream sundaes.
Ben's opportunity cost of producing a milkshake is
=
= 
= 0.5 ice cream sundae
We see that Ben has a lower opportunity cost of producing milkshake, so we can say that he has a comparative advantage in producing milkshake.
Steamboats. Steamboats positively effected the world because they made the transportation of goods more efficient and economical. Travel time was cut in half and were a compliment of the railroads, both for commercial and passenger transportation. Steamboats were independent on the wind speed and direction.
Answer:
The Nepalese sculptures in the collection of The Metropolitan Museum of Art were created primarily by the Newars, one of Nepal’s many ethnic groups, in the Kathmandu valley, an area encompassing about 200 square miles in central Nepal. Predominantly Buddhist, Newari artists became renowned throughout Asia for the high quality of their work. At times, Nepalese style had tremendous influence on the art of China and Tibet, as both countries imported art and artists from Nepal to adorn their temples and monasteries.
Explanation:
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Answer:
multiple cultures (or subcultures) rather than a single uniform culture.
Explanation:
Multinational companies are those that are headquartered in one country but operate in various countries around the world through subsidiaries. They are thus characterized by being companies of international expansion. This is how they consolidate and become reference. Multinational companies work with the idea of cultural diversity. These companies support the enhancement of multiple cultures and subcultures rather than one culture, because it is thus possible to reach a wide audience of consumers around the world.
Similarly, newly acquired companies tend to embrace cultural diversity as a way of empathizing with customers and selling their products to everyone regardless of their culture.
