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

Other questions on the subject: Business

Business, 22.06.2019 08:30, shauntleaning

Match the given situations to the type of risks that a business may face while taking credit. 1. beta ltd. had taken a loan from a bank for a period of 15 years, but its sales are gradually showing a decline. 2. alpha ltd. has taken a loan for increasing its production and sales, but it has not conducted any research before making this decision. 3. delphi ltd. has an overseas client. the economy of the client’s country is going through severe recession. 4. delphi ltd. has taken a short-term loan from the bank, but its supply chain logistics are not in place. a. foreign exchange risk b. operational risk c. term of loan risk d. revenue projections risk

Answers: 3

continue

Business, 22.06.2019 08:30, justalikri

Most angel investors expect a return on investment of question options: 20% to 25% over 5 years. 15% to 20% over 5 years. 75% over 10 years. 100% over 5 years.

Answers: 1

continue

Business, 22.06.2019 12:10, weeman6546

Lambert manufacturing has $100,000 to invest in either project a or project b. the following data are available on these projects (ignore income taxes.): project a project b cost of equipment needed now $100,000 $60,000 working capital investment needed now - $40,000 annual cash operating inflows $40,000 $35,000 salvage value of equipment in 6 years $10,000 - both projects will have a useful life of 6 years and the total cost approach to net present value analysis. at the end of 6 years, the working capital investment will be released for use elsewhere. lambert's required rate of return is 14%. the net present value of project b is:

Answers: 2

continue

Business, 22.06.2019 13:20, sailesd57

Last year, johnson mills had annual revenue of $37,800, cost of goods sold of $23,200, and administrative expenses of $6,300. the firm paid $700 in dividends and had a tax rate of 35 percent. the firm added $2,810 to retained earnings. the firm had no long-term debt. what was the depreciation expense?

Answers: 2

continue

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...