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2 years ago

(35 POINTS) Given the data in the chart above, which of the following statements is true?

Business

2 answers:

andrezito [222]2 years ago

6 0

Italy requires less worker hours to produce both olive oil and wine. Therefore the answer is D. Italy has an absolute advantage in wine and oil production.

Minchanka [31]2 years ago

6 0

Answer: d. Italy has an absolute advantage in wine and olive oil production.

Explanation: From the data provided on the table above it could be observed that Italy required the assistance or help of 60 workers per hour to produce one liquid unit of olive oil and wine, unlike Greece and France who required 95 personnel each an hour to also produce one liquid unit. So it can clearly be stated that Italy has an advantage.

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The term? "market" in economics refers to

timurjin [86]

I'm pretty sure it's option D

7 0

3 years ago

Twinkies on the shelf of a convenience store lose their fresh tastiness over time. We say that the taste quality is 11 when the

Dafna1 [17]

Answer:

4.27 days

Explanation:

Initial taste quality = 1

Quality of tastiness declines using this function

Q(t) = 0.85^t ( t in days )

<u>Determine when the taste quality will be 1/2 of original value</u>

i.e. when Q(t) = 1/2

1/2 = 0.85^t

= In ( 2 ) = - t ( In 0.85 )

∴ t = - In (2) / In (0.85)

= 4.265 days ≈ 4.27 days

7 0

2 years ago

Who develops the menu in a restaurant?<br> The ________ develops the menu in a restaurant

Airida [17]

The owner is usually the one who developed the menu.

3 0

2 years ago

Denver Company engages Public Company to produce a large machine, install the machine, and train their employees on the machine.

nata0808 [166]

Answer:

Results are below.

Explanation:

Giving the following information:

Machine= $800,000

Installation= $100,000

Training= $100,000

Total= 1,000,000

Denver and Public agree to a total contract price of $920,000.

First, we will determine the sales proportion:

Machine= 800,000/1,000,000= 0.8

Installation= 100,000/1,000,000= 0.1

Training= 100,000/1,000,000= 0.1

Now, we can allocate the price to each one:

Machine= 920,000*0.8= 736,000

Installation= 920,000*0.1= 92,000

Training= 920,000*0.1= 92,000

4 0

2 years ago

Wythe is trying to decide whether he wants to purchase shares in General Motors, Ford, or Honda, all of which are auto manufactu

mylen [45]

Answer:

Security selection

Explanation:

Security selection is the process of choosing specific securities within a given asset class that individual can include in his portfolio . For an individual to make securities selections, he has to considers the risk, the return, the ethical implications, and other factors affecting both of the individual securities and the portfolio as a whole.

4 0

2 years ago