QUESTION:
The table below depict the production possibilities frontiers (PPFs) for two people who can allocate the same amount of time between making pizzas and making stromboli. Refer to this table to answer questions 3-4.
Bo Kenzi
Pizza Stromboli Pizza Stromboli
25 50 40 20
Answer: A - Bo has a comparative advantage in the production of stromboli because her opportunity cost is lower.
Explanation:Production possibilities frontiers (PPFs) indicates the maximum output combinations of two goods or services an economy can achieve by fully using all available resources efficiently.
This means that, if more of product A is produced, less of product B can be produced given that the resources and production technology remain constant.
Looking at the question above, Bo has a competitive advantage as Bo produces more of both pizza and stromboli than kenzi.
Answer:
The net worth of her is $486,500
Explanation:
I added all values listed.
It can be very effective because it involved <span>interpersonal interactions.
</span><span>interpersonal interactions on business context refers to a communication between employees and customers that revolved around understanding customer's situation/point of view. Buy understanding this, the sales person could formulate a right move/strategy to match the customers with the most suitable company's product</span>
The answer is "wage structures"
2) The area has a major shipping port.
4) There is a major city 50 miles away from the region.
5) The area has warm weather and ocean beaches.
Number 2 tells about the economy and how they trade. Number 4 tells about were the major city is which tells you that they aren't that big, so they don't have a huge economy. Number 5 tells you about how they might farm.
Hope this helps