Answer: Juan; Lower
Explanation:
One can do the work in which it has a comparative advantage. If one person has the lower opportunity cost of doing some work than the other person then he would specialize in that activity.
Here,
Juan opportunity cost of washing a car = 
= 0.5 car waxed
This means that the opportunity cost of washing a car is being able to wax 0.5 car.
Maria opportunity cost of washing a car = 
= 2 cars waxed
This means that the opportunity cost of washing a car is being able to wax 2 cars.
Therefore, the opportunity cost of washing a car is lower for Juan. So, Juan would specialize in washing.
Answer:
She is upset because she feel that the compensation is not equal.
Her skills, education, training, and work is the same as David, and for that, the two should be equally compensated.
Supplier dependence concepts does this scenario best illustrate.
Explanation:
The degree to which an organization relies on that manufacturer because the company's product is important for the supplier and because it is difficult to find additional resources for the product.
For example,
The supply firm will invest in the expansion of existing facilities or new business growth or invest in the increase of its creativity. The number of competitive ventures multiplied in different business units in the multi-business provider group. The funds available for investment cannot suffice to adequately tackle both competitive projects and vendors that are innovating consciously and deliberately making sufficient investments.
Answer:
the deadweight loss from the tax is $125
Explanation:
The computation of the deadweight loss from the tax is shown below:
After tax quantity is
= $750 ÷ $5
= 150 widgets
And, the deadweight loss from tax is
= 0.5 × [$5 × (200 - 150)]
= $125
Hence, the deadweight loss from the tax is $125
The same would be considered and relevant too
