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hodyreva [135]
3 years ago
8

Consider the following scenario. Two friends, Rachel and Joey, enjoy baking bread and making apple pies. Rachel takes two hours

to bake one loaf of bread and one hour to make one pie. Joey takes four hours to bake one loaf of bread and four hours to make one pie. If Rachel and Joey decide to specialize in order to maximize their combined output, who should produce what?A. Joey should specialize in making pies because he has an absolute advantage. B. Rachel should specialize in making pies and Joey should specialize in making bread.C. Joey should specialize in making pies and Rachel should specialize in making bread. D. Rachel should specialize in making bread and pies because she has a comparative advantage in both. E. Rachel should not specialize because she is better at producing both.
Business
1 answer:
Damm [24]3 years ago
5 0

The correct option is B

Explanation:

3. b) Rachel in specialize in making pies and joey should specialize in making bread.

Rachel can make 1 pie in one hour so she is already taking less time to make a pie than to make a bread. thus,if she should specialize in making pie.while coming to joey, joey takes 4 hours to make either pie or bread so he left with only one option i.e, to be specialized to make bread only.so that they can maximize their oupu

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Ryan’s shoe store sells a variety of shoes. His “active shoes” campaign is reaching the daily budget cap by the early afternoon.
Lyrx [107]

Answer:

The correct answer is "Ryan should increase the budget cap of the campaign"

Explanation:

The current campaign "active shoes" reached the budget cap.

And the goal is to increase the traffic for his products, the solution is,  increase his budget campaign cap.

Daily budget caps on campaigns allows you to manage the costs, making sure you don’t pass your target spend.

7 0
3 years ago
Imagine Fry knew in advance that he would be frozen for 1000 years and wanted to have $9,999,999,999 when he thaws out. How much
Over [174]

Answer:

$21.66

Explanation:

We are to find the present value of $9,999,999,999.

The formula to be used is :

P = FV (1 + r/m) ^-mn

FV = Future value

P = Present value

R = interest rate

N = number of years

M = number of compounding

= $9,999,999,999 ( 1 + 0.02 / 4 ) ^-4000 = $21.66

I hope my answer helps you

6 0
4 years ago
The effective rate of a $25,000 non-interest-bearing simple discount 10%, 90-day note is
Vlada [557]
<span>For the answer to the question above, the $25,000 due in 90 days.
 I'll use 365 days per year. 10% simple discount:
25000*0.10(90/365) = 616.44
Cash in hand at the beginning of the 90 days:
25000 - 616.44 = 24,383.56

Solve for r: 616.44 = 24383.56*r*(90/365) 

r = 0.10252837 or the nearest answer is letter <span>C. 10.26%
It is not exact because maybe he rounded  off the </span></span>24383.56 
5 0
3 years ago
In an analysis of 755,000 divorces in 11 different countries, divorce was associated with a reduction in
Whitepunk [10]

The answer to this question is life expectancy.

Life expectancy is defined as <u>the average amount of time an organism (in this case, a human being) is expected to live based on his or her demographic factors, such as age and gender.</u>

Thus, based on the conducted analysis in the question, it can be said that a divorced individual will not live as long as a married individual. However, <u>you need to remember that this is correlational research</u>, thus it cannot be said that divorce <em>causes </em>people to die earlier.

8 0
3 years ago
The break-even quantity is a. Fixed Costs/Marginal Cost b. Contribution Margin/Fixed Costs c. Fixed Costs/Price d. Fixed Costs/(
julsineya [31]

Answer:

d. Fixed Costs/(Price – Marginal Costs)

Explanation:

The break-even quantity is the number of units produced and sold at which net income is zero. it is the point at which revenues equals cost.

Break even quantity = Fixed Costs/(Price – Marginal Costs)

or Fixed cost / contribution margin

4 0
4 years ago
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