Business, 19.02.2020 02:56 1230bering

Two countries, A and B, produce both apples and bananas. The PPF for Country A is relatively flat when graphing apples on the vertical axis and bananas on the horizontal axis. Which of the following is likely true
A) Country A has a comparative advantage in apples.
B) Country B has a comparative advantage in apples.
C) Country A has a comparative advantage in bananas.
D) Neither has a comparative advantage.

Answers: 1

Show answers

Another question on Business

Business, 22.06.2019 07:40

(a) what was the opportunity cost of non-gm food for many buyers before 2008? (b) why did they prefer the alternative? (c) what was the opportunity cost in 2008? (d) why did it change?

Answers: 3

Answer

Business, 23.06.2019 00:00

Review the key ethical and social issues over the last five decades and place each on the timeline in chronological order. note that once you complete this part of the question, you will be unable to adjust your answers.

Answers: 3

Answer

Business, 23.06.2019 00:30

Suppose there is a 6 percent increase in the price of good x and a resulting 6 percent decrease in the quantity of x demanded. price elasticity of demand for x is a. 0 b. 6 c. 1 d. 36

Answers: 2

Answer

Business, 23.06.2019 01:30

Vortex company operates a retail store with two departments. information about those departments follows. department a department b sales $ 800,000 $ 450,000 cost of goods sold 497,000 291,000 direct expenses salaries 125,000 88,000 insurance 20,000 10,000 utilities 24,000 14,000 depreciation 21,000 12,000 maintenance 7,000 5,000 the company also incurred the following indirect costs. salaries $36,000 insurance 6,000 depreciation 15,000 office expenses 50,000 indirect costs are allocated as follows: salaries on the basis of sales; insurance and depreciation on the basis of square footage; and office expenses on the basis of number of employees. additional information about the departments follows. department square footage number of employees a 28,000 75 b 12,000 50 required: 1. determine the departmental contribution to overhead and the departmental net income for department a and department b.

Answers: 2

Answer

You know the right answer?

Two countries, A and B, produce both apples and bananas. The PPF for Country A is relatively flat wh...

Questions

Business, 22.11.2019 04:31

Ineed to do a movie report on the movie shrek. what's the ogre's name from shrek?...