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OleMash [197]
3 years ago
7

Sheila and Jim live in an island where they are the only two workers. Sheila can either catch 10 fish or gather 40 pounds of ber

ries each day, and Jim can either catch 8 fish or gather 24 pounds of berries each day. Both of them work 200 days per year. At current world prices 1 fish trades for 3.5 pounds of berries. Who has the comparative advantage in producing berries
Business
1 answer:
Firlakuza [10]3 years ago
7 0

Answer:

SHEILA

Explanation:

A person has comparative advantage in production if it produces at a lower opportunity cost when compared to other people.

Sheila's opportunity cost in producing berries = 10/40 = 0.25

Jim's opportunity  cost in producing berries = 8/24 = 0.33

Sheila has a lower opportunity cost in the production of berries and thus has a comparative advantage in the production of berries

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The reason for the FDIC, then, is to protect investment accounts against future bank disappointments. At present, reserve funds stores are guaranteed against such disappointments up to a furthest reaches of $250,000, in this way guaranteeing the larger part of individual bank accounts are secured.
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Dante is looking forward to his friend's presentation on the top ten classic horror movies. He usually sits next to the air cond
lawyer [7]

Answer:

(d) Identifying distractions.

Explanation:

Distraction is the process of diverting the attention of an individual or group from a desired area of focus and thereby blocking or diminishing the reception of desired information. Also distractions can come form both external sources and internal sources. Dante's is external and he was able do identify it and got a solution.

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4 years ago
Under Part F of the Personal Auto Policy, which of the following is correct when there are two or more auto policies issued by t
kirza4 [7]

Answer:

C This policy will be excess if the other policy is in a different insurer.

Explanation:

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5 0
3 years ago
Using marketing to promote the idea that a company is more socially responsible than it actually is can be described as ______.
earnstyle [38]

Answer:

Greenwashing

Explanation:

Greenwashing is the process of using marketing to promote the idea that a company is more socially responsible than it actually is. It is the process of passing a false impression or providing false information about how a company's products are more environmentally sound.

Greenwashing can also be called green sheen. It is used to deceive consumers into believing that a company's products are environmentally friendly by providing misleading information about the product.

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8 0
3 years ago
N Corp has a variable cost per unit of $1.20, and the lease payment on the production facility runs $4,200 per month. N Corp sel
zheka24 [161]

Answer:

1,301 units.

Explanation:

With regards to the above, we know that break even level is

= ( FC + Depreciation ) / Contribution margin

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Therefore,

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Break even level = 1,301 units

Hence, the amount of units N corp needs in order to break even is 1,301 units

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3 years ago
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