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777dan777 [17]
3 years ago
6

Akila went to the store for furniture polish, carrots, pencils, ham, sponges, celery, notebook paper, and salami. She remembered

to buy all these items by reminding herself that she needed food products that included meats and vegetables and that she needed nonfood products that included school supplies and cleaning aids. Akila made effective use of
Business
1 answer:
Airida [17]3 years ago
5 0
Akila made effective use of her brain.
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The correct response is Option b (1.60%).

Explanation:

According to the question,

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On substituting the given values, we get

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should be the letter B. $22,046

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D. a free-rider problem

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According to the law of comparative advantage, both individuals and nations will be able to produce a larger joint output if eac
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the low opportunity cost producer. 

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

For example, let's assume country x produces either 10 Apples or 5 oranges in 1 hour while country y produces either 20 Apples or 2 oranges in one hour. The opportunity cost for country x of producing apples and oranges are 0.5 and 2 respectively. While for country y, the oopportunity cost of producing apples and oranges are 0.1 and 10 respectively.

Country y has an opportunity cost and comparative advantage in the production of Apples while country x has a comparative advantage in production of oranges.

I hope my answer helps you

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