Answer:
Bellisima's opportunity cost:
-
Production of corn per million hours of labor = 8 / 16 = 0.5 pairs of jeans
- Production of jeans per million hours of labor = 16 / 8 = 2 bushels of rye
Dolorium's opportunity cost:
-
Production of corn per million hours of labor = 5 / 20 = 0.25 pairs of jeans
- Production of jeans per million hours of labor = 20 / 5 = 4 bushels of rye
Dolorium has a comparative advantage int he production of rye while Bellisima has a comparative advantage in the production of jeans.
If both countries specialize:
- Dolorium will produce 80 million bushels of rye.
- Bellisima will produce 32 million pairs of jeans.
Total production of rye has increased by 12 million bushels.
Total production of jeans has increased by 9 million pairs.
Answer:
A. Workers are trained to do all or most of the jobs in the unit
Explanation:
A self-managed team is a group of employees that's responsible and accountable for all or most aspects of producing a product or delivering a service. Traditional organizational structures assign tasks to employees depending on their specialist skills or the functional department within which they work
PLATO ANSWER: Alternative Goods
Hope this helps! I got it correct also so I know its correct!
Answer: 4) No change in the money supply because the $200 in currency has been converted to a $200 increase in checkable deposits
Explanation:
The money supply refers to the total amount of money currently in circulation. In this instance it remains the same because no new money was introduced into the economy.
All that has happened is that Ms. Rogers took her $200 which was already in circulation and part of money supply and deposited it in her checking account. The money is therefore still in circulation, just not in immediate cash.
Money supply therefore remains the same.
