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Sholpan [36]
3 years ago
12

Which of the following is an example of comparative advantage​? A. Michael Jordan is an American basketball player. B. The Unite

d States produces less textile products and more electronic products. C. Angela makes better pastries than Sherrie. D. Dave makes 4 pizzas giving up 6 jars of milk shakes while Rob makes 2 pizzas giving up 4 jars of milk shakes. Which of the following is an example of absolute advantage​? A. Nick has an advantage over others in the industry because he knows many software programs. B. Tom does his math homework in 2 hours while Harry takes only 30 minutes to do the same task. C. Charlie enjoys skiing while Ryan enjoys hiking. D. Amy is smart and performs well in exams.
Business
1 answer:
Margarita [4]3 years ago
8 0
Comparative: D.

Absolute: B.

Explanation:

Comparative is about opportunity cost whilst absolute is about the quantity productivity efficiency
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You operate a car detailing business with a fixed amount of machinery​ (capital), but you have recently altered the number of wo
NemiM [27]

Answer:

1.5 cars

Explanation:

Three employees can produce a total of:

= 4 × 3

= 12 cars in an hour.

Five employees can produce a total of:

= 3 × 5

= 15 cars in an hour

So, the increase in total product of labor as I increase the labor from 3 to 5 employees:

= Total product when 5 employees are hired - Total products when 3 employees are hired

= 15 - 12

= 3 cars.

So, the marginal product of moving from 3 to 5 workers:

= 3 ÷ 2

= 1.5 cars

3 0
3 years ago
True or false Decentralization refers to the degree to that decision making is concentrated to the top of the organization
MatroZZZ [7]

Decentralization refers to the degree to that decision-making is concentrated to the top of the organization: False.

<h3>What is a decentralized organization?</h3>

In a decentralized organization, the decision-making authority and power isn't concentrated at the top level (echelon) of the organization.

This ultimately implies that, decentralization refers to the degree to that decision-making is concentrated to all the areas of an organization.

Read more on decentralization here: brainly.com/question/23818047

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8 0
2 years ago
Read 2 more answers
TRUE or FALSE??? HELP!!
Fantom [35]
True , True , True , True , True
5 0
2 years ago
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What does the circular flow model show? answers?
Katena32 [7]
It shows how businesses markets and households all buy and sell from each other to make profit<span />
4 0
3 years ago
Even though most corporate bonds in the United States make coupon payments semiannually, bonds issued elsewhere often have annua
max2010maxim [7]

Answer:

Market Price $985.01

Explanation:

We have to convert the US semiannually rate to annually.

(1 + 0.078/2)^{2} -1 = 0.079521

Now this is the annual rate spected for a similar US Bonds

So we are going to calculate the present value using this rate.

Present value of an annuity of 78 for 20 years at 7.9521%

C * \frac{1-(1+r)^{-time} }{rate} = PV\\

78 * \frac{1-(1+0.079521)^{-20} }{0.079521} = PV\\

PV = 768.55

And we need to add the present value ofthe 1,000 euros at this rate

\frac{Principal}{(1 + rate)^{time} = Present Value}

\frac{1,000}{(1 + 0.079521)^{20} = Present Value }

Present Value = 216.4602211

Adding those two values together

$985.01

The reasoning behind this is that an american investor will prefer at equal price an US bonds because it compounds interest twice a year over the German Bonds.

6 0
3 years ago
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