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SIZIF [17.4K]
3 years ago
15

If the USA could produce 1 ton of potatoes or 0.5 tons of wheat per worker per year, while Ireland could produce 3 tons of potat

oes or 2 tons of wheat per worker per year, there can be mutual gains from trade if:
A. The USA specializes in potatoes because of its comparative advantage in producing potatoes.
B. The USA specializes in wheat because of its absolute advantage in producing wheat.
C. The USA specializes in wheat because of its comparative advantage in producing wheat.
D. There can be no mutual gains from trade.
Business
1 answer:
Anuta_ua [19.1K]3 years ago
8 0

Answer:

A. The USA specializes in potatoes because of its comparative advantage in producing potatoes.

Explanation:

US         1 ton of potatoes or 0.5 tons of wheat = 2

Ireland  3 tons of potatoes or 2 tons of wheat = 1,5

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Production planning ,production control , quality and cost control and inventory control
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An ice cream manufacturer makes ice cream in two processes, Mixing and Packaging. During April, its first month of business, the
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Based on the sales revenue that the ice cream manufacturer got and the cost of goods sold, the total gross profit on ice cream sales is $300,000.

<h3>How is the total gross profit calculated?</h3>

This can be found as:

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1 year ago
For the doctrine of promissory estoppel to​ apply, which of the following is NOT a required​ element? A. the promisor should hav
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The auditors' count of the client's cash should be coordinated to coincide with the
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