Business, 08.04.2020 22:04 malenacastillo4887
Kim can produce 40 pies per hour or 400 cakes per hour. Liam can produce 100 pies per hour or 200 cakes per hour. Kim's opportunity cost of producing a pie is cakes. Liams opportunity cost of producing a pie is ___ cakes has the comparative advantage in producing pies has the comparative advantage in producing cakes. Kim spends 30 minutes producing pies and 30 minutes producing cakes, Kim produces ___ pies and cakes. If Liam spends 30 minutes producing pies and 30 minutes producing cakes, Liam produces pies and cakes.
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Suppose the number of equipment sales and service contracts that a store sold during the last six (6) months for treadmills and exercise bikes was as follows: treadmill exercise bike total sold 185 123 service contracts 67 55 the store can only sell a service contract on a new piece of equipment. of the 185 treadmills sold, 67 included a service contract and 118 did not.
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Which of the following is not an example of one of the four mail advantages of prices on a free market economy
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Kim can produce 40 pies per hour or 400 cakes per hour. Liam can produce 100 pies per hour or 200 ca...
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