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Ugo [173]
3 years ago
12

Knowledge, skills, and experience are examples of _______ capital

Social Studies
2 answers:
timofeeve [1]3 years ago
6 0

answer is

human (D)..............

pentagon [3]3 years ago
3 0

Answer:

Human capital.Hope this helps!

Explanation:

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Answer:

Emily's opportunity cost of producing 1 milkshake is 1 ice cream sundae.

Ben's opportunity cost of producing 1 milkshake is​ 0.5 ice cream sundae.

Explanation:

Both Emily and Ben own an ice cream parlor.

In an hour Emily can produce 40 milkshakes or 40 ice cream sundaes.

Emily's opportunity cost of producing a milkshake is

= \frac{What\ is\ sacrificed}{What\ is\ gained}

= \frac{40}{40}

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= \frac{What\ is\ sacrificed}{What\ is\ gained}

= \frac{20}{10}

= 0.5 ice cream sundae

We see that Ben has a lower opportunity cost of producing milkshake, so we can say that he has a comparative advantage in producing milkshake.

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