Answer:
a) see attached image
b) Atlantis's opportunity cost of producing one helmet = 200 / 100 = 2 baseballs
c and d) Atlantis's opportunity cost of producing one baseball = 100 / 200 = 0.5 helmets
Zanadu's opportunity cost of producing one baseball = 100 / 400 = 0.25 helmets ⇒ Zanadu has a comparative and absolute advantage in the production of baseballs
e) yes, Atlantis would produce 100 helmets, and if it trades 50 to Zanadu, it will get 150 baseballs in return. So it will gain from trade. If Zanadu produces 400 baseballs and trades 150 of them for 50 helmets, it will also benefit.
Explanation:
Answer:
The correct answer is A
Explanation:
EOQ stands for Economic order quantity, it is the model which evaluated or determine the amount to order by using the assumptions that cost per unit of the items purchased which remain fixed irrespective of the number of the units ordered.
The quantity discount model that investigates the aggregate annual inventory costs with and without discounts. The main motive of EOQ with the quantity discount model is to minimize the total of the purchase, annual carrying and holding cost.
A report sketching out an individual's monetary position at a certain period of time.
For produced goods, supply is typically more elastic over the long term compared to the short term because it is generally believed that over the long term, all production factors can be used to increase supply, whereas over the short term, only labor can be increased and even then, changes may be prohibitively expensive.
Because consumers don't have time to look for alternatives, demand is typically more price inelastic in the short term. Consumers eventually grow more aware of their options. The responsiveness of demand to a change in price is measured by price elasticity of demand. Electricity demand's price elasticity is higher over the long term and lower over the short term.
To learn more about long term, click here..
brainly.com/question/7787473
#SPJ4
<u> Fair Debt Collection Practices Act </u><u>(FDCPA) </u>Debt collectors are not allowed to use their positions to collect a debt using any manner of work performance that is found to be abusive, deceptive, or unethical.
FDCPA (Fair Debt Collection Practices Act):
The Fair Debt Collection Practices Act is a federal law passed in 1977 to protect consumer rights from abusive, unfair, or deceptive debt collection practices.
The fair debt collection practices act prohibits abusive, unfair, or deceptive debt collection practices.
This act imposes certain restrictions on debt collectors, including the following:
- They are unable to contact you at an inconvenient time or location.
- They cannot harass or threaten you over the phone or in person.
- In case you have an attorney, then they must contact your attorney
Fair debt collection practices act covers the debts such as mortgages , medical debts, credit cards etc
Learn more about The Fair Debt Collection Practices Act to visit this link
brainly.com/question/24138239
#SPJ4