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elena-14-01-66 [18.8K]
3 years ago
11

If you are able to produce 1 piece of fine furniture or 10 birdhouses using the same resources, and your competitor is able to p

roduce 5 pieces of fine furniture or 10 birdhouses using the same resources, who has the comparative advantage?
a) You
b) Neither
c) Your competitor in fine furniture
Business
1 answer:
Tatiana [17]3 years ago
4 0

Answer: Your competitor in fine furniture.

Explanation:

If as stated in the question, my competitor is able to produce more fine furniture than me, from the same amount of resources, that means that my competitor has a comparative advantage over me in furniture making. Comparative advantage is the process whereby a business can be more productive than their competitors, with the same amount of resources.

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Answer:

X=140.524.4≅140,524 Packages

Correct option is C (140,524)

Explanation:

Given Data:

Up-Town Express processed =89,233 packages this month

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Required:

Packages did they process last month=?

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Explanation:

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jok3333 [9.3K]

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