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IrinaK [193]
3 years ago
8

Mike and Sandy are two woodworkers who both make tables and chairs. In one month, Mike can make 4 tables or 20 chairs, where San

dy can make 6 tables or 18 chairs. Given this, we know that the opportunity cost of 1 chair is:_________a.1/5 table for Mike and 1/3 table for Sandyb. 1/5 table for Mike and 3 tables for Sandyc-.5 tables for Mike and 1/3 table for Sandyd. 5 tables for Mike and 3 tables for Sandy
Business
2 answers:
leva [86]3 years ago
8 0

Answer:

B

Explanation:

zzz [600]3 years ago
4 0

Answer:

Option (a) is correct.

Explanation:

Mike can make 4 tables or 20 chairs:

Opportunity cost of producing 1 chair = 4 ÷ 20

                                                              = 0.2

Sandy can make 6 tables or 18 chairs:

Opportunity cost of producing 1 chair = 6 ÷ 18

                                                              = 0.33

Therefore,

Mike has the comparative advantage in producing chair because he has the lower opportunity cost as compared to Sandy.

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It is recommended we consume half of our grains from whole grains. What part of the whole grain provides just energy?
Rufina [12.5K]

Answer:

Endosperm

Explanation:

Whole grain is considered as a health and nutrient food. Whole grain provides necessary protein and oil which helps to provide energy. In whole-grain endosperm is a part which is important to get energy as it helps to provide starch which is full of protein and nutrients. This why food made of grain is used to improve the energy level.

6 0
3 years ago
Alonzo, the marketing director for a major retailer, prepared a unified message for the new promotional campaign. after several
Zigmanuir [339]
<span>The goal of the campaign or promotion is to build awareness and inform consumers about a company and its product offerings</span>
In order to see if there is still increase in the sale compared with the money spent of campaign , Alonzo is evaluating the effectiveness of the plan. The evaluation of effectiveness is one of the 6 steps of the promotional campaign.
4 0
4 years ago
Consider a family who borrows $250,000 to purchase a new home at a fixed interest rate of 8.5%. If inflation increases from 4% t
vitfil [10]

The home loan must be repaid at a real interest rate of 3%; (8.5%-5.5%=3%).

<h3>Real interest rate </h3>

A real interest rate is adjusted to remove the effects of inflation and gives the real rate of a bond or loan. A nominal interest rate refers to the interest rate before taking inflation into account.

Learn more about real interest rate here:

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#SPJ4

3 0
2 years ago
An investor is considering a $25,000 investment in a start-up company. She estimates that she has probability 0.2 of a $15,000 l
lozanna [386]

Answer:

$21,000

Explanation:

initial investment $25,000

we need to determine the expected value of every possibility:

  • $15,000 loss ⇒ 20% x $10,000 = $2,000
  • $29,000 loss ⇒ 15% x $5,000 = $750
  • $40,000 gain ⇒ 5% x $65,000 = $3,250
  • break even ⇒ 60% x $25,000 = $15,000

total expected value = $21,000

8 0
3 years ago
Which action is an example of the United States using economic influence as a tool of foreign policy?​
yan [13]

Answer:

Econimy Can use alot of help by influencing more things for their city.

Explanation:

Is there an option tho?

7 0
3 years ago
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