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ohaa [14]
3 years ago
15

Tom and Jerry have two tasks to do all day: make dishes and build fences. If Tom spends all day making dishes, he will make 16 d

ishes. If he instead devotes his day to building fences, Tom will build 4 fences. If Jerry spends his day making dishes, he will make 14 dishes; if he spends the day building fences, he will build 7 fences. Jerry has a comparative advantage in______
Business
1 answer:
nekit [7.7K]3 years ago
8 0

Answer:

Jerry has a comparative advantage in fences

Explanation:

Comparative advantage is a concept in economics that states the product in which a person / company/ country has relative advantages or may produce more in comparison to competition.

Jerry produces 7 fences but Tom only 4 so Jerry, if he concentrated only in fences would be more competitive or productive than Tom. Tom instead, as he can produce 16 dishes. two more than Jerry has comparative advantages in the production of dishes.

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Buying office space is ______________ in the long run-in comparison to leasing. Which is the correct answer?
Vedmedyk [2.9K]

Answer:

less expansive

Explanation:

i took the test. i got it right

5 0
2 years ago
The ten-step cycle that results in the timely payment for patients' medical services is the
liq [111]
The ten step cycle that results in the timely payment for patients' medical services is the MEDICAL DOCUMENTATION BILLING CYCLE. 
Medical billing is a payment method that is used in USA health system. The medical billing process is an interaction between the healthcare providers and the insurance companies who are responsible for payments of medical services rendered to their clients.
7 0
3 years ago
In the month of November, Carla Vista Co. Inc. wrote checks in the amount of $9,565. In December, checks in the amount of $11,46
liberstina [14]

Checks written in November $9,750

Less: Checks paid by bank in November $8,800

Checks outstanding at the end of November $950

Add: Checks written in December $11,762

Less: Checks paid by bank in December 10,889

Checks outstanding at the end of December $1,823

hope this helps!

- a random freshman

7 0
3 years ago
Ribelin Corporation is adding a new product line that will require an investment of $218,000. The product line is estimated to g
Vikentia [17]

Answer:

C. Payback is 10 years

Explanation:

Payback is the number of years it will takes to recover the initial investment, which in this case translates to: how long will it take for Ribelin Corpration to recover the  $218,000 investment given the stated cash-flows.

Year Cash-flow     Balance

0        (218,000.00)        (218,000.00)

1        32,000.00            (186,000.00)

2        18,000.00            (168,000.00)

3        21,000.00             (147,000.00)

4         21,000.00             (126,000.00)

5        21,000.00              (105,000.00)

6        21,000.00              (84,000.00)

7        21,000.00               (63,000.00)

8       21,000.00                (42,000.00)

9        21,000.00               (21,000.00)

10        21,000.00                -    

11        21,000.00             21,000.00  

12        21,000.00            42,000.00  

By end of year 10, total inflows are exactly equal the initial investment, therefore it will take them 10 years

6 0
3 years ago
A _____ is an announcement that promotes a program of a federal, state, or local government or of a nonprofit organization.
telo118 [61]

Answer:

c. public service advertisement

Explanation:

Public service advertisement  -

It is a type of message or a piece of information to spread for public interest with out any charge , the main focus behind this message , is to create awareness , and to mold the attitude of people towards any social aspect of the country .

Hence , the correct term for the given statement is  c. public service advertisement .

8 0
3 years ago
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