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krok68 [10]
3 years ago
6

Mike has a linear production possibilities frontier that shows maximum production of trucks or computers of 10 million each. Deb

ra also has a linear production possibilities curve that shows maximum production of 9 million trucks or 3 million computers.
Based on the graphs, which of the following statements is true?

Debra has an absolute advantage in the production of computers.
Debra has an absolute advantage in the production of trucks.
Debra has an absolute advantage in the production of computers.
Mike has a comparative advantage in the production of computers.
Business
1 answer:
user100 [1]3 years ago
3 0

Answer:

Mike has a comparative advantage in the production of computers.

Explanation:

Mike's opportunity cost of producing trucks instead of computers = 10 / 10 = 1.

Mike's opportunity cost of producing computers instead of trucks is 10 / 10 = 1.

Debra's opportunity cost of producing trucks instead of computers = 3 / 9 = 0.333.

Debra's opportunity cost of producing computers instead of trucks = 9 / 3 = 3.

Mike's opportunity cost of producing computers instead of trucks is 1, while Debra's is 3. Therefore, Mike has a comparative advantage in the production of computers.

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Answer:

option A is correct

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Explanation:

given data

insures deposits = $250,000

individual account = $200,000

joint account  = $424,000

to find out

How much of Suzanne's money is not covered by FDIC insurance

solution

we know that

here eligible coverage amount is  = $200000 + 1/2 × 424000

so eligible coverage amount is  = $412,000

and we know that

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so that

here Amount that not covered is =  $412000 - $250000

Amount that not covered is $162000

so option A is correct

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Answer:

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