Maldonia must give up 8 units of TEA to get 16 units of lemons, while Desonia must give up 8 units of tea to get 4 get units of lemons. Hence the opportunity cost of productivity are units of lemon for Maldonia -0.5y(-8/16), and for Desonia it is -2y(-8/4).This means Maldonia has comparative advantage in producing lemon and Desonia has comparative advantage in tea.
Answer:
Opportunity cost
Explanation:
The opportunity cost Bob's brother Joe $20,000. Remember, the term Opportunity cost refers to the cost (loss in this context) incurred when one forgoes an alternative best option–holding them in a brokerage account, in place for a less beneficial one.
Thus, Bob chose the best alternative over his brother.
Answer:
As a team, and as company, we try to be forward thinking, and ambitious in our approach with the technology , and innovative with new products to market to the consumer.
Explanation:
Able to use both words in a solid sentence structure.
An investor who owns stocks in many different companies would most likely see a rise in the overall value of her portfolio during a _____.
bull market
