Business, 14.09.2021 02:10 Kazya4

Jeff and Bette are partners at a management consulting firm. They are trying to determine which of them has a comparative advantage in creating the 50 slides required for a sales pitch to a prospective client. Jeff can create 10 slides per hour. For other activities, he can bill clients $500 per hour. Jeff's opportunity cost of creating slides isper slide.
Bette's opportunity cost of creating slides is 20% lower than Jeff's. However, as the senior partner, her billing rate is 15% higher. Based on all of these facts, has a comparative advantage in creating slides.

Answers: 1

Show answers

Another question on Business

Business, 22.06.2019 11:00

If the guide wprds on the page are "crochet " and "crossbones", which words would not be on the page. criticize, crocodile,croquet,crouch,crocus.

Answers: 1

Answer

Business, 22.06.2019 11:10

An insurance company estimates the probability of an earthquake in the next year to be 0.0015. the average damage done to a house by an earthquake it estimates to be $90,000. if the company offers earthquake insurance for $150, what is company`s expected value of the policy? hint: think, is it profitable for the insurance company or not? will they gain (positive expected value) or lose (negative expected value)? if the expected value is negative, remember to show "-" sign. no "+" sign needed for the positive expected value

Answers: 2

Answer

Business, 22.06.2019 19:00

Consider the following information on stocks a, b, c and their returns (in decimals) in each state: state prob. of state a b c boom 20% 0.27 0.22 0.16 good 45% 0.16 0.09 0.07 poor 25% 0.03 0 0.03 bust 10% -0.08 -0.04 -0.02 if your portfolio is invested 25% in a, 40% in b, and 35% in c, what is the standard deviation of the portfolio in percent? answer to two decimals, carry intermediate calcs. to at least four decimals.

Answers: 2

Answer

Business, 23.06.2019 01:30

Lee earns $1,482 of interest in 270 days after making a deposit of $15,200. find the interest rate.

Answers: 1

Answer

You know the right answer?

Jeff and Bette are partners at a management consulting firm. They are trying to determine which of t...

Questions