Answer:
The correct option is A, Samantha weed and Adam will rake because these are the goods each has a comparative advantage in.
Explanation:
The opportunity formula comes handy in this case, which is given below:
opportunity cost formula=what one sacrifices/what one gains
If Samantha were to weed flower beds, opportunity cost is computed thus:
Opportunity cost of Samantha weeding flower beds=8/4= 2 bags of leaves raked
The opportunity of Adam weeding flower beds=25/5 =5 bags of leaves raked.
In a nutshell ,if Samantha weeds flowers they would lose 2 bags of leaves raked while if Adam were to do so same, they would lose 5 bags of leaves raked, conclusively Samantha should weed flower beds since she has lower opportunity, higher comparative advantage
Answer:
tes a la casa de matemáticas no me gusta el cuaderno de matemáticas hicieron ayer
Answer:
Unseen costs might affect government or private companies/ people because these costs are difficult to identify and might be under your budget.
Explanation:
Unseen costs may affect your business company or even governments because they hidden. Seen costs are the ones you take into account in your badger and you are able to plan, include and easily detect. One example of an unseen cost can be the maintenance of an specific equipment or device which you were not expecting. There is complicated to foresee these costs so you can add an extra percentage to your original budget.
Answer:
Resource Market or Product Market
1. Identifying whether each of the following events in this scenario occurs in the resource market or the product market:
a. Alex earns $250 per week working for Little Havana. (Resource Market / Product Market)
b. Becky spends $10 to order a mojito cocktail. (Resource Market / Product Market)
c. Becky earns $650 per week working for A-Plus Accountants. (Resource Market / Product Market)
2. The elements of this scenario that represent a flow from a household to a firm are:
a. The $250 Alex spends to purchase tax services from A-Plus Accountants.
b. Becky's labor
Explanation:
The resource market is the market where firms buy resources for the production of goods and services. This means that the resource market deals in the transfer of inputs: labor, capital, land, and entrepreneurship from households to firms. In the product market, households buy output, i.e. goods and services from firms.