Answer:
a.Georgeland has an absolute but not a comparative advantage in producing clothing.
Explanation:
A country has a comparative advantage in production if it produces at a lower opportunity cost when compared with other countries.
A person has an absolute advantage in production if it produces more quantities of the good when compared with other countries.
Georgeland produces more quantities of both food and clothes when compared to Alland, so it has absolute advantage in both activities .
The opportunity cost of georgeland in producing clothes = 36 / 18=2
The opportunity cost of georgeland producing food = 18 / 36 = 0.5
For Alland,
the opportunity cost of producing clothes = 32 / 16= 2
the opportunity cost of producing food = 16 / 32 = 0.5
Neither countries don't have a comparative advantage in the production of either clothes of food bedside they have the same opportunity costs in both activities.
I hope my answer helps you
Answer: Elasticity of luxury weekend hotel packages in las vegas is -1.432.
Explanation:
Price elasticity of demand measures the responsiveness of quantity demanded to a change in the price of the good.
Mid point method-
Elasticity of luxury weekend hotel packages in las vegas is -1.432.
Answer:
no idea but im pretty sure its 6 months
Explanation:
becuase i think so
Answer:
The answer is: 10 Snickers bars and 20 cans of Coke.
Explanation:
To find out what combination she can buy with her total income ($32.50) we can just multiply the price of each product by its quantity;
- If she buys 24 snickers bars and 12 cans of coke she will spend:
(24 x $0.75) + (12 x $1.25) = $33 SHE CAN´T AFFORD TO BUY
- If she buys 24 snickers bars and 12 cans of coke she will spend:
(22 x $0.75) + (14 x $1.25) = $34 SHE CAN´T AFFORD TO BUY
- If she buys 24 snickers bars and 12 cans of coke she will spend:
(15 x $0.75) + (18 x $1.25) = $33.75 SHE CAN´T AFFORD TO BUY
- If she buys 24 snickers bars and 12 cans of coke she will spend:
(10 x $0.75) + (20 x $1.25) = $32.50 <u> </u><u>SHE CAN AFFORD TO BUY</u>
Answer:
When we physically encounter a three-dimensional form, the tactile sensation we experience is its <u>ACTUAL TEXTURE</u>. Two-dimensional images, however, have <u>IMPLIED TEXTURE</u>, which means the artist creates an effect that reminds us of our tactile memory of a real-life surface. Artists who wish to contradict our previous tactile experiences employ <u>SUBVERSIVE TEXTURE</u> in order to make us reconsider our preconceptions about the world around us.
Explanation:
Actual texture is combination of how an artwork looks and how it actually feels when someone touches it. Even paintings have texture and different artists use different painting techniques to create that texture.
Implied or simulated texture means that the artist is creating a visual effect of texture.
When artists use subversive textures, they are inventing textures by adding alternate materials.
