Because of its climate, Brazil has the comparative advantage in coffee production, while the United States has the comparative advantage in wheat production. This would make which of the following statements about comparative advantage FALSE? a. Brazil gives up more wheat than the United States when it produces coffee.
b. If workers in Brazil produce wheat, they will have to give up a significant amount of coffee production.
c. Both countries should trade based on comparative advantage.
d. The United States can obtain coffee at a lower opportunity cost than if it produced it itself.

Serious question, which is preferred in a business? pp or poopoo?

Mesa company produces wooden rocking chairs. the company has two production departments, cutting and assembly. the wood is cut and sanded in cutting and then transferred to assembly to be assembled and painted. from assembly, the chairs are transferred to finished goods inventory and then are sold. mesa has compiled the following information for the month of february: cutting department assemblydepartmentdirect materials $ 73,000 $ 13,000direct labor 73,000 108,000applied manufacturing overhead 159,000 171,000cost of goods completed and transferred out 233,000 255,000required: 1, 2, 3, & 4. prepare journal entries for the transactions in the cutting and assembly departments of mesa company. (if no entry is required for a transaction/event, select "no journal entry required" in the first account field.)

Which of the following best explains the purpose of a supply schedule? a. to calculate how much time it takes for distribution. b. to indicate how supply and demand relate to price. c. to show the relationship between quantity supplied and prices. d. to demonstrate how the supply decreases as price increases.