Business, 11.09.2019 22:30 ashcookie27
The kitchen manager at an italian restaurant is deciding what assignments he should give to his
two cooks, john and david. john can make 25 pizzas or 40 servings of pasta per hour and david
can make 20 pizzas or 30 servings of pasta. which of the following should be the manager's choice?
a) david will make pizza because he has comparative advantage in making pizza.
b) john and david both will spend half their time making pizza and half their time making
pasta because each has a comparative advantage in making pizza.
c) fire david because he is not as productive as john. john will do both jobs.
d) john will make pizza because he has comparative advantage in making pizza.
Answers: 3
Business, 22.06.2019 11:50, dinero0424
After graduation, you plan to work for dynamo corporation for 12 years and then start your own business. you expect to save and deposit $7,500 a year for the first 6 years (t = 1 through t = 6) and $15,000 annually for the following 6 years (t = 7 through t = 12). the first deposit will be made a year from today. in addition, your grandfather just gave you a $32,500 graduation gift which you will deposit immediately (t = 0). if the account earns 9% compounded annually, how much will you have when you start your business 12 years from now?
Answers: 1
Business, 22.06.2019 20:20, isabelperez063
Why is it easier for new entrants to get involved in radical innovations when compared to incumbent firms? a. unlike incumbent firms, new entrants do not have to face the high entry barriers, initially. b. new entrants are embedded in an innovation ecosystem, while incumbent firms are not. c. unlike incumbent firms, new entrants do not have formal organizational structures and processes. d. incumbent firms do not have the advantages of network effects that new entrants have.
Answers: 2
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