Answer:
A. Jordan specializes in household production, while Chris specializes in marketplace work.
Explanation:
Chris and Jordan both can work for their household. The best way is to achieve maximum utility by using the combination of their skills. Chris can go for household work and Jordan can go for marketplace work. They both can use combination of their specialization to achieve maximum utility.
Answer: Company should not expand to either.
Explanation:
Find the expected values of expanding to either country and pick the country with the highest expected value:
China:
= ∑(Probability of outcome * Outcome)
= (20% * 2,000,000) + (30% * 1,000,000) + (50% * -2,000,000)
= -$300,000
Vietnam:
= (70% * 1,000,000) + (30% * -2,500,000)
= -$50,000
<em>Both countries result in an expected loss so company should not expand to either of them. </em>
Answer:
Permanent partial disability
<h3>
What is permanent partial Disability?</h3>
- Permanent Partial Disability — a worker's compensation disability level in which the injured employee is still able to work but not with the skill and efficiency demonstrated prior to the injury.
- As a result, the earning capability of the worker is affected.
To learn about Permanent partial disability, refer
to brainly.com/question/25689052
#SPJ4
Answer:
Credit was invented by Mr A Smith (of bank note fame) to allow parents to top-up teenagers phones. This was viewed as particularly important since without it they would be unable to cheat on their homework.
Explanation:
Do I really need to explain such an egregious answer
Answer:
Perfect competition is a market structure in which a large number of firms produce the same product.
Explanation:
Items at a grocery store are an example of perfect competition. onsumers have many options at multiple price points.