Business, 31.01.2022 01:50 walkerobrien5
Has an absolute advantage in the production of alfalfa, and has an absolute advantage in the production of barley.
Musashi's opportunity cost of producing 1 bushel of barley is
bushels of alfalfa, whereas Rina's opportunity cost of producing 1 bushel of barley is
bushels of alfalfa. Because Musashi has a opportunity cost of producing barley than Rina, has a comparative advantage in the production of barley, and has a comparative advantage in the production of alfalfa
Answers: 3
Business, 22.06.2019 23:30, frankgore8496
What are consequences of rapid inflation? (select all that apply.) savings accounts become less desirable because interest earned is lower than inflation individual purchasing power increases, which results in an increase in demand. individual purchasing power decreases, which results in a decrease in demand. people postpone purchasing expensive items, such as homes, until prices drop.
Answers: 1
Business, 23.06.2019 00:30, Chen19241
2. which of the following statements about interest is true? a. interest is a one-time fee that you pay for lending money. b. interest is expressed as a percentage of the amount you are borrowing. c. because interest rates tend to be small numbers, they typically don't have much effect on the price of the goods you're purchasing. d. interest is a penalty that you pay when you don't pay your bills on time.
Answers: 1
Has an absolute advantage in the production of alfalfa, and has an absolute advantage in the product...
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