Answer:
Vincent and Jean are two cooks who work in a village. Each of them can either bake cakes or make pizzas. Every ingredient is readily available to them, and the only scarce resource is the cook's time. Vincent can bake 10 cakes or make 5 pizzas in an hour. Jean can bake 12 cakes or make 8 pizzas in an hour
Which cook has the absolute advantage in baking cakes?
Jean has the absolute advantage in baking cakes
Which cook has the absolute advantage in making pizzas?
Jean has the absolute advantage in making pizzas
Which cook has the comparative advantage in baking cakes?
Vincent has the absolute advantage in baking cakes
Which cook has the comparative advantage in making pizzas?
Vincent has the absolute advantage in making pizzas
Explanation:
Answer:
b.) was established by congress but is now independent of it
Explanation:
It was founded on december of 1913 by the congress of the United State of America. to help the nation on the monetary and financial of the country.
It is considered independent of the congress because, it doesn't require his approval to conduct their policies.
In this instance you will need to calculate the future value of the investment. The formula for this is FV = I * [1 + (R * T)]
FV - future value
I - initial investment (300,000)
R - Interest Rate (5%)
T - number of years you will hold the investment (3 years)
Once you calculate this formula, you will need to compare it to the price of the home if they sold it (351,700). If the future value calculation is LESS than the sales price, then the house was a GOOD investment.
<span>The answer is A. Communism is an ideology where the state is
the one who rules. It is a totalitarian
form of government where individuals serve the Communist state and promote its
ideology. It runs counter to American
values because in a democratic society, people have the right to be what they
want to be as well as express their opinions and ideas even if it means
criticizing the government which cannot be done in Communism. Americans also value the right to accumulate
wealth whereas Communism is against any form of capitalism. Everybody gets the same thing no more and no
less. In a Democratic-capitalist
society, you the right pursue your dreams as well as accumulate wealth so long
as it is done with the laws.</span>