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Reil [10]
4 years ago
5

Martha can produce 90 quilts or 180 batches of chocolate chip cookies in a month. Jane can produce 6 quilts or 18 batches of cho

colate chip cookies in a month. Distinguish between comparative advantage and absolute advantage. ​_______ has an absolute advantage in both goods. A. Martha B. Jane ​______ has a comparative advantage in quilts.​ ______ has a comparative advantage in chocolate chip cookies. A. Jane​; Martha B. Martha​; Jane C. Jane​; Jane D. Martha​; Martha
Business
1 answer:
Aleks04 [339]4 years ago
6 0

Answer: The correct answers are a) & b). That is MARTHA, MARTHA; JANE.

Explanation: Absolute advantage exists when a party can oroduce a highe quantity of a good or product. This is the situation with Martha in her productions.

Comparative advantage on the other hand is when a party has a lower opportunity cost. This exists in both the production of quilts and chocolate chip cookies.

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The best answer for this question would be:

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Because originally the jet skis came from the country they originated from so the quality is original and more trusted to the consumers. </span>
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3 years ago
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Bramble Corp. reported the following information for 2016: October November December Budgeted sales $1250000 $1150000 $1450000 A
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Answer:

b. $1200000

Explanation:

Calculation for How much cash will Bramble receive in November

Using this formula

Cash receive in November = October Budgeted sales + Budgeted sales of November

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3 0
3 years ago
John, an American executive, learns that a foreign subsidiary hired a 12-year-old orphan girl to work on the factory floor. He k
tino4ka555 [31]

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An ethical dilemma is a situation where an individual is faced with making a decision between two options where if any option is chosen the individual might act against his/her moral principle. Like in the question, John is faced with the option of either complaining about child labor and then the child losses his/her source of income or allowing things to be as they already are.

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________ is a tool used to visually display how consumers perceive the position of products or brands in the market on different
Alexxandr [17]

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