1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Lina20 [59]
3 years ago
9

Calvin and Hobbes run a company that sells only two items: T-shirts and car decals. Calvin is fast at making decals and very slo

w at making T-shirts, whereas Hobbes is fast at making T-shirts and very slow at making decals. Which statements accurately describe the situation?
a. Company output will be maximized if Calvin makes all the decals and Hobbes makes all the chains.
b. Calvin has a comparative advantage for making decals.
c. Hobbes has a higher opportunity cost for making decals than Calvin.
d. Company output will be maximized if Calvin and Hobbes both divide their time equally between making decals and making chains
Business
1 answer:
Delvig [45]3 years ago
3 0

Answer:

A

B

C

Explanation:

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

Opportunity cost of the next best option forgone when one alternative is chosen over other alternatives

A person should specialise in the production of goods for which they have a comparative advantage. this maximises total output

Calvin has a comparative advantage in making decals because he is faster compared to Hobbes. He should specialise in making decals.

Hobbes has a comparative advantage in making shirts because he is faster compared to Calvin. He should specialise in making shirts

You might be interested in
Jonas doesn't want to keep his savings in an account because he doesn't want to pay bank fees. Which of the following is an argu
blsea [12.9K]

The correct answer is C. Money is safer in the bank.

Explanation:

The main point or position of Jonas is that savings should be kept in an account due to the costs associated with this. In this context, the only argument that refutes Jonas' position and it is directly related to the main point of Jonas is "Money is safer in the bank" because even if keeping savings in a bank requires to pay fees this guarantees the money will be safe, which does not occur if Jonas keeps his savings at home. Moreover, the safety factor makes the option of the bank better, which refutes Jonas position.

3 0
3 years ago
On December 31, 2017, Stellar Company had $1,159,000 of short-term debt in the form of notes payable due February 2, 2018. On Ja
Phoenix [80]

Answer:

Explanation:

Before showing how short term debt should be presented before doing this we have to classify the items in each head

Like - In current liabilities, notes payable is recorded at $11,500  

And, in the long term liabilities, the proceed after brokerage fees for $1,147,500 should be recorded.

The total amount would remain the same i.e $1,159,000  

Kindly find the attachment below:

5 0
3 years ago
How do keynesian economic policies differ from the traditional laissez-faire policies developed by adam smith?
shusha [124]
Keynesian economic basically means that the goverment has to step in and try to stimulate economic wealth. This is were macroeconomics comes to play. Laissez fair in Belgium means hands off or lay. This explains why laissez fair is a strategy our previous presidents used to stop the Great Depression. In other words it means the govermeant steps out of helping hand and count on capitalism.
5 0
3 years ago
What is a sales quota? Group of answer choices
Nuetrik [128]

Answer:

Sales Quota is the amount of sales that an individual sales person or group of sales people is expected to make within a specific amount of time.

Explanation:

Sales Quotas are the goals of the sales team that they are expected to achieve in a given period of time. It can be monthly, quarterly, or yearly. Sales Quota can be based on one person or can be set for a team or a group.

This helps an organization to achieve sales and revenue targets. Managers are able to learn about the productivity of the team and their success rate with the help of Sales quota. Sales quota also motivate the team to do better and achieve the goals.

5 0
3 years ago
If you consider yourself to be highly logical and you enjoy working computers, the career cluster might be best for you
vovikov84 [41]

Answer:

Information Technology Cluster

Explanation:

The Information Technology cluster uses your love of technology to learn how to design, develop and manage different types of software and hardware programs.

The information technology cluster is composed of the following four career pathways: information support and services, interactive media, network systems, and programming and software development.

3 0
3 years ago
Read 2 more answers
Other questions:
  • Supply curves tend to be
    12·1 answer
  • Which of the following occupations is among the 10 projected most rapidly declining U.S. occupations in terms of percentage decr
    14·1 answer
  • Globalization has led toa. lower operational efficiency as firms must transport raw materials and finished goods farther. b. inc
    15·1 answer
  • In the month of March the Digby Corporation received and delivered orders of 189,000 units at a price of $15.00 for revenue of $
    15·1 answer
  • Southeast Airlines had pretax earnings of $30 million, including a gain on disposal of a discontinued operation of $5 million. T
    5·1 answer
  • Before making a turn at an intersection, you should signal at least __________ before your intended turn.
    6·1 answer
  • Services can not be stored, warehoused, or inventoried. Because of this, many hotels and airlines offer deep discounts on rooms
    9·2 answers
  • I be seeing people do stuff like dis but my any chance does anyyonee stay in NC. Not NYC. North Carolina bro it's maddd boring o
    7·2 answers
  • Stacy wants to teach 3rd graders in a public school she just finished her bachelor's degree in education what is he required to
    6·1 answer
  • How long will it take a nitrogen dioxide molecule to travel 25m at stp?​
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!