Business, 05.02.2021 21:30 leannaadrian

Person Opportunity cost of 1 jar of baby food Opportunity cost of 1 hot pretzel Mary Ann 4 hours pretzels 1/4 of jar of baby food
Matthew 6 hot pretzels 1/6 of a jar of baby food

Based on the table above, which of the following statements is true?
a. Neither Judith nor Darshek has an absolute advantage in producing bottles of soda or hot pretzels.
b. Darshek has a comparative advantage in producing bottles of soda, while Judith has a comparative advantage in producing hot pretzels.
c. Both Judith and Darshek have a comparative advantage in producing bottles of soda or hot pretzels.
d. Darshek has a comparative advantage in producing hot pretzels, while Judith has a comparative advantage in producing bottles of soda.

Answers: 2

Show answers

Another question on Business

Business, 22.06.2019 06:30

"in my opinion, we ought to stop making our own drums and accept that outside supplier's offer," said wim niewindt, managing director of antilles refining, n.v., of aruba. "at a price of $21 per drum, we would be paying $4.70 less than it costs us to manufacture the drums in our own plant. since we use 70,000 drums a year, that would be an annual cost savings of $329,000." antilles refining's current cost to manufacture one drum is given below (based on 70,000 drums per year):

Answers: 1

Answer

Business, 22.06.2019 10:30

Jack manufacturing company had beginning work in process inventory of $8,000. during the period, jack transferred $34,000 of raw materials to work in process. labor costs amounted to $41,000 and overhead amounted to $36,000. if the ending balance in work in process inventory was $12,000, what was the amount transferred to finished goods inventory?

Answers: 2

Answer

Business, 22.06.2019 13:30

If the economy were in the contracting phase of the business cycle, how might that affect your ability to find work?

Answers: 2

Answer

Business, 22.06.2019 19:10

Ancho corp. is an automobile company whose core competency lies in manufacturing petrol- and diesel- based cars. the company realizes that more of its potential customers are switching to electric cars. the r& d department of the company acquires competencies in developing electric cars and launches its first hybrid car, which uses both gas and electricity. in this scenario, ancho is primarilya. leveraging new core competencies to improve current market position. b. redeploying existing core competencies to compete in future markets. c. unlearning existing core competencies to create and compete in markets of the future. d. building new core competencies to protect and extend current market position

Answers: 3

Answer

You know the right answer?

Person Opportunity cost of 1 jar of baby food Opportunity cost of 1 hot pretzel Mary Ann 4 hours pr...

Questions

Business, 09.12.2019 17:31

You buy a share of the ludwig corporation stock for $21.30. you expect it to pay dividends of $1.10, $1.15, and $1.2023 in years 1, 2, and 3, respecti...