Businesses and entrepreneurs are more willing to take up projects with high relative profit because they are looking for profits.
Explanation:
The government sponsored projects which are on offer do not generate as much revenue for a firm that they can earn for a similar project in which the per unit cost of production will be covered better as the consumer will be paying them more.
In government funded projects, they will not receive enough benefits from the government to cover their costs and justify the price drop which comes with people expecting lower rates from products associated with the work of the government.
Thus is it viable to work on private projects more.
Retail distribution
The illegal drug business or trade primarily consists of the cultivation, manufacture, distribution and sales of prohibited drugs.
Cultivation and manufacture involves planting and harvesting prohibited drugs from plant sources (e.g. opium or marijuana) and processing the plant raw materials to produce the final product. For synthetic drugs, manufacture entails securing (sometimes by importation) of the chemicals required for the production of a certain drug (e.g. methamphetamine). Importation of the raw materials or final products might also be necessary to meet the demands.
With the final product at hand, the next step is to distribute and sell the drugs -- wholesale or retail. Wholesale distribution and sales involve large amounts (in bulk) of the illegal drugs while retail involves smaller amounts.
Explanation:
here is an explanation and solution to your question
For Euphoria:
The opportunity cost of producing a unit of rye in terms of jeans =20/5 = 4
for contente:
The opportunity cost of producing a unit of rye in terms of jeans = 16/8 = 2
opportunity cost of producing 1 unit of jean in terms of unit of rye:
for euphoria = 5/20 = 1/4
for contente = 8/16 = 1/2
1.
Euphoria's opportunity cost of producing a a bushel of rye is 4 pairs of jeans.
contentes opportunity cost of producing a bushel of rye is 2 pairs of jeans.
2.
contente has comparative advantage in producing rye
euphoria has comparative advantage in jeans production
3
contente produces 8 bushels of rye so with 4 million hours of labor = 8x4 = 32 million bushels in a week.
euphoria 20 pairs of jean in a week, using 4 million hours of labor. 20x4 = 80 pairs of jean a week
Where is the statements or answer choices?
