Business, 22.01.2020 22:31 Annapetrik
Consider the following scenario. two friends, rachel and joey, enjoy baking bread and making apple pies. rachel takes two hours to bake one loaf of bread and one hour to make one pie. joey takes four hours to bake one loaf of bread and four hours to make one pie. if rachel and joey decide to specialize in order to maximize their combined output, who should produce what? a. joey should specialize in making pies because he has an absolute advantage. b. rachel should specialize in making pies and joey should specialize in making bread c. joey should specialize in making pies and rachel should specialize in making bread. d. rachel should specialize in making bread and pies because she has a comparative advantage in both. e. rachel should not specialize because she is better at producing both
Answers: 1
Business, 21.06.2019 13:00
The local electronics store is offering a promotion "1-year: same as cash," meaning that you can buy a tv now, and wait a year to pay (with no in
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Business, 22.06.2019 01:00
The penalties for a first-time dui charge include revocation of drivers license a. 180 days b. ben 180 des and one year c. bence 90 and 180 d. one year
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Business, 22.06.2019 07:40
Alicia has a collision deductible of $500 and a bodily injury liability coverage limit of $50,000. she hits another driver and injures them severely. the case goes to trial and there is a verdict to compensate the injured person for $40,000 how much does she pay?
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Business, 22.06.2019 13:30
Tom has brought $150,000 from his pension to a new job where his employer will match 401(k) contributions dollar for dollar. each year he contributes $3,000. after seven years, how much money would tom have in his 401(k)?
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Consider the following scenario. two friends, rachel and joey, enjoy baking bread and making apple p...
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