(a) Microville has the absolute advantage producing cars. Because the most it can produce is 10 while Macroville can only produce 5.
(b) The opportunity cost is 5 cars if Macroville decides to use all of its resources and produce 20 boats.
(c) Microville has the comparative advantage in producing cars? Because its opportunity cost for 1 car is 1 boat while Macroville's cost for 1 car is 4 boats.
(d) If each country were to specialize in producing either cars or boats and then trade for the other product, Macroville makes 20 boats and Microville makes 10 cars. Each country produces the goods it has a comparative advantage in. Cars for Microville and boats for Macroville.
Answer:
STEP 1: PREWRITING. THINK AND DECIDE. Make sure you understand your assignment. ...
STEP 2: RESEARCH (IF NEEDED) SEARCH. List places where you can find information. ...
STEP 3: DRAFTING. WRITE. ...
STEP 4: REVISING. MAKE IT BETTER. ...
STEP 5: EDITING AND PROOFREADING. MAKE IT CORRECT.
Good morning/evening everyone,
My name is (your name) and I am here today to talk upon and important school tradition failure. It has been brought to my and other students' attention that there is not enough funding for the school yearbooks. School yearbooks are a trademark that most/all schools do. Usually yearbooks are sold and the school is able to recieve some or most of that additional funding back. They are made to remember that year. They have pictures of our fellow classmates, even though half of us want to retake them because of that imperfection that decided to visit, I know i do. (smile/ giggle) The yearbook includes pictures from our rallies, dances, or even friends that beg the photographer to get a picture of them. When all is said and done, yearbooks are memories for you and for us. Im sure you all still have your yearbooks and glance at them from time to time to remember those silly/fun times. This concludes my speech and I hope you all can just think about it a bit more. Thank you for your time. (backflips off stage) jkjk but goodluck! <33
