(a) Microville has the absolute advantage producing cars. Because the most it can produce is 10 while Macroville can only produce 5.
(b) The opportunity cost is 5 cars if Macroville decides to use all of its resources and produce 20 boats.
(c) Microville has the comparative advantage in producing cars? Because its opportunity cost for 1 car is 1 boat while Macroville's cost for 1 car is 4 boats.
(d) If each country were to specialize in producing either cars or boats and then trade for the other product, Macroville makes 20 boats and Microville makes 10 cars. Each country produces the goods it has a comparative advantage in. Cars for Microville and boats for Macroville.
The interest will be calculated on 10500 since she has already 2500 saved.
Answer:
x=20
Explanation:
you subtract 7 from both sides and simplify 12 - 7 to 5 want to do that you multiply both sides by 4 and 5 * 4 is 20 and that's how x=20 is your answer
How do you write 740%<span> as a fraction or mixed number in simplest form?
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