subject
Business, 13.02.2020 20:57 GracieMaeB

In an eight-hour day, Andy can produce either 24 loaves of bread or 12 pounds of butter. Using all of his resources Bob can produce either 8 loaves of bread or 8 pounds of butter. an eight-hour day, Rolfe can produce either 24 loaves of bread or 24 kilograms of butter. Which of the following statements is true?
A) Andy has a comparative advantage in the production of bread.
B) Andy has an absolute advantage in butter production.
C) Rolfe has an absolute advantage in bread production.
D) Andy has an absolute advantage in bread production.
E) Rolfe has a comparative advantage in bread production.

ansver
Answers: 2

Other questions on the subject: Business

image
Business, 21.06.2019 22:30, juanitarodriguez
True or false: on january 1, year one, the epstein corporation buys a plot of land with a four-story office building. the company believes the building is worth $1.9 million and has an estimated life of twenty years (with no anticipated residual value). the straight-line method is used. the land has an assessed value of $100,000. because the seller was interested in a quick sale, epstein was able to buy this land and building for $1.7 million. depreciation expense to be recognized in year one is $80,750.
Answers: 3
image
Business, 22.06.2019 17:00, ocean11618
Oliver is the vice president of production at his company and has been managing the launch of new software systems. he worked with a team of individuals who were tasked to create awareness about a specific product and also to approach potential purchasers of the product. which department managers were part of oliver’s team?
Answers: 3
image
Business, 22.06.2019 18:00, ferny5133
Which of the following is a characteristic that can be used to guide the design of service systems? a. services cannot be inventoried. b. services are all similar. c. quality work means quality service. d. services businesses are inherently entrepreneurial. e. even service businesses have internal services.
Answers: 2
image
Business, 22.06.2019 19:10, keenansimpkinsoy0oqc
Imagine us is a startup that offers high definition 3d prenatal ultrasounds for high-end customers. the service process includes four activities that are conducted in the sequence described below. (the time required for each activity is shown in parentheses): activity 1: welcome a patient and explain the procedure. (20 minutes)activity 2: prep the patient (e. g., show them to the room, apply ultrasound gel). (17 minutes) (*your id number represents the amount of time needed to complete this task)activity 3: take images. (5 minutes)activity 4: discuss diagnostic with patient. (20 minutes)at each location there are employees (servers) s1, s2, and s3. the assignment of tasks to servers is the following: s1 does activities 1 and 2.s2 does activity 3.s3 does activity 4.a. what is the capacity of this process (in customers per hour)? b. suppose 3 patients arrive every hour on average. ignoring any “start of day” or “end of day” effects, what are the utilizations of all three servers (%)? c. suppose each activity can be done by any server and any server can do any set of activities. however, each activity is done by only one server. for example, a possible assignment includes: s1 does activity 1, s2 does activity 2, and s3 does activities 3 and 4. of course, the original assignment of servers to activities is also feasible. what is the maximum capacity of the process (in customers per hour)? d. now consider the capacity measures in (c) and (a), what is the percentage change? why can you improve capacity without using additional resources? (there is no free lunch, right? )note: for all hw assignments, show your process of getting the results. only providing the final answers is not acceptable and will get 0%. if necessary, use a separate sheet of paper to show your work.
Answers: 3
You know the right answer?
In an eight-hour day, Andy can produce either 24 loaves of bread or 12 pounds of butter. Using all o...

Questions in other subjects:

Konu
Mathematics, 11.07.2019 21:30
Konu
Mathematics, 11.07.2019 21:30