Business, 25.03.2021 21:00 arnold2619
The economy on the island of Bacchus produces only grapes and wine. The production of 1 poundof grapes requires 1/2 pound of grapes, 1 laborer, and no wine. The production of 1 liter of winerequires 1/2 pound of grapes, 1 laborer, and 1/4 liter of wine. The island has 10 laborers who alltogether demand 1 pound of grapes and 3 liters of wine for their own consumption. Write out theinput-output system for the economy of this island and solve it.
Answers: 3
Business, 22.06.2019 03:50
Suppose that a worker in agland can produce either 10 units of organic grain or 2 units of incense per year, and a worker in zenland can produce either 5 units of organic grain or 15 units of incense per year. there are 20 workers in agland and 10 workers in zenland. currently the two countries do not trade. agland produces and consumes 100 units of grain and 20 units of incense per year. zenland produces and consumes 50 units of grain and no incense per year. if each country made the decision to specialize in producing the good in which it has a comparative advantage, then the combined yearly output of the two countries would increase by a. 30 units of grain and 100 units of incense. b. 30 units of grain and 150 units of incense. c. 50 units of grain and 90 units of incense. d. 50 units of grain and 130 units of ince
Answers: 1
Business, 22.06.2019 08:30
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Business, 22.06.2019 11:20
In 2000, campbell soup company launched an ad campaign that showed prepubescent boys offering soup to prepubescent girls. the girls declined because they were concerned about their calorie intake. the boys explained that “lots of campbell’s soups are low in calories,” which made them ok for the girls to eat. the ads were pulled after parents expressed concern. why were parents worried? i
Answers: 2
Business, 23.06.2019 07:00
Look at this section of the 1040ez form. will this individual receive a refund? yes no
Answers: 1
The economy on the island of Bacchus produces only grapes and wine. The production of 1 poundof grap...
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