A producer is said to have an absolute advantage over another producer when he required less amount of input to produce the same good compared to the other producer.
While a producer is said to have a comparative advantage over another producer when he produces his goods at a lesser opportunity cost compared to the other produer.
Here, time is one of the inputs used in production and Maria produces a scarf at a lesser time compared to Sofia. Thus, Maria has an absolute advantage over Maria in the production of scarves.
Therefore, the true statement is "<span>Maria has an absolute advantage over Sofia".</span>
Answer:
No mode
Median: 12
Step-by-step explanation:
there is no mode because there is no 2 or more numbers that are the same
the median is 12 because if you put the number in order: 5,8,9,12,18,22,25 then the middle number is 12
6/14 = 7/x
so
x = 7 * 14 / 6
x = 98/6
x = 16.3
answer
D. x = 16.3
Answer: 749,250
Step-by-step explanation:
700,000 + 40,000= 740,000.
9,000+200+50= 9,250.
740,000 + 9,250 = 740,250.
Edging is 18.84m. to find the edging you must do the radis times 2, then that answer by pi (3.14). So you do 3x2=6, then 6x3.14=18.84m