Answer:
The answer is 27 hours
Explanation:
Solution
The Comparative advantage depends on production of the lower opportunity cost
The opportunity cost of a production is =maximum production of other good /maximum production of the good
Now,
The opportunity cost of hot dog bun for town A =10/4=2.5
Thus,
The opportunity cost of hot dog bun for town B=6/10=0.6
So,
The town B has a comparative advantage in hot dog buns and A in sausages
Town A will produce-only sausages and it will take the time of
time in hours =total required a quantity of the good /number of products in an hour
Now,
The time for Town A for sausages=120/10=12 hours
The time for Town B for hot dog buns=120/8=15 hours
Therefore, The total time =12+15=27 hours.
Answer:
b
Explanation:
A process is a collection of tasks,steps,or activities that are performed
Answer:
to get 5,00,000 australian dollar at the forward rate we are goign to need 4,704,000 US dollars
Explanation:
spot x (1 + (US rate - Australia rate) x time)
0.96 x (1+(0.03-0.05)x1 year) =
0.96 x 0.98 = 0.9408 forward exchange rate
$5,000,000 Australian Dollar * 0.9408 = 4,704,000 US dollars
Answer:
A)Capital
Explanation:
Cpatial is one of the factors of production. Capital includes all man made resocurces used in the production process. They include money, equipment and resocurces.
Other factors of production mentioned in the question are :
Henry- the entrepreneur
Building- land
I hope my answer helps you