If Mike can make 2 surfboards per hour or 10 bikes per hour and Joe can produce 4 surfboards per hour and 12 bikes. Which of the following is true?
Mike has an absolute advantage in the production of surfboards
Mike's opportunity cost for producing one bike is 5 surfboards
Joe has a comparative advantage in the production of both surfboards and bikes
Mike has a comparative advantage in the production of surfboards
Joe's opportunity cost for producing one surfboard is 3 bikes

Your team has identified the risks on the project and determined their risk score. the team is in the midst of determining what strategies to put in place should the risks occur. after some discussion, the team members have determined that the risk of losing their network administrator is a risk they'll just deal with if and when it occurs. although they think it's a possibility and the impact would be significant, they've decided to simply deal with it after the fact. which of the following is true regarding this question? a. this is a positive response strategy.b. this is a negative response strategy.c. this is a response strategy for either positive or negative risk known as contingency planning.d. this is a response strategy for either positive or negative risks known as passive acceptance.