In one week, Mohammed can knit 5 sweaters or bake 240 cookies. In one week, Aisha can knit 15 sweaters or bake 480 cookies. Which of the following is correct? a. Mohammed has an absolute and a comparative advantage in both tasks. b. Mohammed has an absolute advantage in both tasks and a comparative advantage in knitting sweaters. c. Mohammed has an absolute advantage in both tasks and a comparative advantage in baking cookies. d. Aisha has an absolute advantage in both tasks and a comparative advantage in knitting sweaters. e. Aisha has an absolute and a comparative advantage in both tasks.

Answers

Answer 1

Answer:

d. Aisha has an absolute advantage in both tasks and a comparative advantage in knitting sweaters.

Explanation:

Comparative advantage in economics is the ability of an individual or country to produce a specific good or service at a lower opportunity cost better than another individual or country.

The comparative advantage gives a country a stronger sales margin than their competitors as they are able to sell their specific products or render their peculiar services at a lower opportunity cost.

In 1817, David Ricardo who is an english political economist talked about the law of comparative advantage in his book “On the Principles of Political Economy and Taxation."

Also, the principle of comparative advantage asserts that countries can become better off by specializing in what they do best.

This simply means that, any country applying the principle of comparative advantage, would enjoy an increase in output and consequently, a boost in their Gross Domestic Products (GDP).

An absolute advantage can be defined as the ability of an individual such as a producer to produce a good or provide a service in larger (greater) quantity for the same amount of money or the same quantity at a lesser cost or time. This ultimately implies that, an absolute advantage is the superior capability of an individual over another using the same resources.

Hence, Aisha has an absolute advantage in both tasks (superior capability) and a comparative advantage in knitting sweaters because she can knit 10 more sweaters than Mohammed using the same resources or time.

Answer 2

Answer:

D. Aisha has an absolute advantage in both tasks and a comparative advantage in knitting sweaters.

Explanation:

Hope this helps


Related Questions

What happens when a tariff is used?

A business relocates some of its factories to other countries.

B country signs an agreement with other countries to sell to and buy from each other.

C country places a tax on goods from another country.

D business buys raw materials from one country and sells finished products to another.

Answers

C country places a tax on good from another country

I will give you a hint: Tariffs increase the prices of imported goods. Because of this, domestic producers are not forced to reduce their prices from increased competition, and domestic consumers are left paying higher prices as a result.

Find the zeroes of the polynomial of 2√3x^2 - 5x + √3​

Answers

The answer is this (I don’t know if is correct )(sorry)

A mixed economy is when the economy has different elements of traditional, command, and market. United
States of America is a mixed economy. What is one example an element of a traditional economy that you
would see in the United States of America.
A)Larry H. Miller Group of Companies
B) Wanart
C)The local farmers' market
D)University Mall in Orem

Answers

Answer:

b is the correct answer

Explanation:

The answer B is correct

Which of the following is NOT true of studying abroad?
O Local job opportunities become nonexistent
O Students can learn a new language
Bigger potential for international employment
O Students can pursue education abroad

Answers

Answer:

Local job opportunities become nonexistent

Explanation:

they don't become nonexistent

Which of the following BEST summarizes the purpose of Section 4 of the 25th Amendment?
A.
It provides a check on presidential power in times of war.
B.
It provides a way for the president to retain his power, even if he is impeached.
C.
It outlines the procedures to be followed in the case that the vice presidency is vacant.
D.
If the president is incapable, or unfit to

Answers

B is the answer .Branliest plz thank you.

Which factor should be most important if you are considering purchasing a new video game?

A-the number of games available for purchase
B-the quality of the games produced by that manufacturer
C-the popularity of the video game with your friends
D-the other things you could do with your money instead

Personal Finance.

I have 38 min remaining so Answer Quick lol

Answers

B the quality is the most important when considering buying an item. Then you think of quantity.

D) The other things you could do with your money instead.

Employer payroll taxes are used to fund
O A. educational systems
B. disability programs
O C. national defense
O D. public works

Answers

Answer:

B Disability programs

Explanation:

government uses this tax to pay for programs like social security and health programs like disability programs.

HELP ASAP PLZ!!!! Who would be most negatively affected if lower price limits were not in place? Explain your answer

Answers

The minimum wage payed employees would be the most negatively affected because if lower price limits weren’t there, the prices would drop drastically to win the customer’s purchase over other markets or businesses. The big bosses would be then forced to cut money out of their employees salary because of the low revenue in money.



I think that’s a great answer someone correct me if I’m wrong!

When creating a storyboard, in which section do you mention how you move from one shot to the next?
A.
synopsis
B.
sketch
C.
transitions
D.
shot description
E.
shot sequence number

Answers

Answer:

C) Transitions

Explanation:

Transition section help you move from one shot to the next.

Answer: b

Explanation:

How to Get rid of my Modules without getting caught by my Mom​

Answers

Answer:

for me going away from home or background of home

Would you be more likely to get solar panels on your home or an electric vehicle because of tax incentives? Why or why not?

Answers

Answer:

I would most likely do solar panels because the addition of a solar energy system to your home doesn't increase the assessed value of your home. As a result, your property taxes don't go up.

Explanation:

What are the requirements for becoming a judge in Louisiana? Check all that apply. The person must have resided in the district for at least a year. The person must have practiced law for a minimum number of years. The person must not practice law while serving as a judge. The person must serve as a judge for no more than five years. The person must not have previously served on a grand jury.

Answers

Amendment requires that due process of law be applied to all citizens. Congress can create new laws and requirements. Through the due proces clause, state governments become bound by the Bill of Rights.

Answer:

acd

Explanation:

edge 2020

According to David Parker and Alison Mobey's study of project managers: there was a low understanding of the tools and benefits of a structured analysis of project risks. work is oriented toward continuous improvement of existing processes over longer periods of time. most managers focused on the work processes of the operation in order to manage risk. most managers are risk averse and prefer to be optimistic and not consider risks or to avoid taking risks whenever possible. managers are long-term focused and process oriented

Answers

Answer:

The answer is "First choice"

Explanation:

According to David Parker and Alison Money's Project Leader study, a systematic risk assessment has already shown a shallow grasp of the tools and benefits.  One reason that was found in their phenomenologic analysis of the project leaders by David Parker and Alison Mobey2 is that they've had no understanding of the tools and benefits of formal project risk analysis. The lack of formal instruments for risk management is seen by many as an obstacle to the implementation of a risk management program.

Please help me!

I need the company name of every logo here

Answers

Answer: I only know a little more than half of them but yeah here ya go

Going left to right:

2: BP (oil)

4: Apple

5: Honda

6: Shell (oil)

8: Chanel

11: playboy

13: bank of america

16: American eagle outfitters

17: Panther

18: NBC news

28: Starbucks

29:Aussie (Kangaroo)

30: McDonalds

34: Wikipedia

39: T-Mobile

46:Red bull

48: Windows

61: Adidas

63: Monster energy drinks

64: Hannaford

66: Moto

68:pringles

Last one: pepsi

Explanation:

Which of the following describes a positive organizational culture? ANSWER Unselected Expresses the core values that a majority of members share and that give the organization its distinct personality. Unselected Emphasizes building on employee strengths, rewards more than it punishes, and emphasizes individual vitality and growth. Unselected The shared perceptions that organizational members have about their organization and work environment. Unselected The degree to which management decisions take into consideration the effect of outcomes on people within the organization.

Answers

Answer:

Unselected Emphasizes building on employee strengths, rewards more than it punishes, and emphasizes individual vitality and growth.

Explanation:

The organization's culture means the behavior in an organization. It includes the benefits that are shared among people, the values that are created by the leaders and the same is being communciated via different methods

So as per the given situation, the positive organization structure represent the strength of the employees, rewards, growth of an individual

Therefore the above represent the answer

Part 1: Multiple Choice
Instructions
Choose the answer that best fits each statement below.
1. As you begin your budgeting process, a good place to start is to prepare a
a. Budget variance
b. Budget estimate
c. Budget plan
d. Budget contribution
I
2. What type of expense fluctuates month to month?
a. Emergency
b. Fixed
C. Variable
d. Discretionary
3. Which is an example of a financial statement?
a Bank statement
b Statement of contributions
C. Fixed and variable statement
d. Periodic statement
4. What is it called when you put money aside specifically for use in difficult situations?
a Income fund
b. Opportunity fund
c. Fixed expense fund
d. Emergency fund

Answers

Answer:

1.)a

2.)b

3.)c

4.)c

I think this could be the answer

Is this how to speak to a girl, I am lost if you're away. You have me so completely. I cherish you night and day. Without your breath, I cannot live.

Answers

Ya bro go for it should be 100%

Whether risk is present in employment​

Answers

Answer:

Step by step explanation

Steven watched the island get bigger as they approached. Now he could see buildings and roads. He saw that they were approaching a small island beside it that had an airport. He twisted in his seat, anxious for the plane to land and his family's vacation to begin in the Galapagos Islands.

Steven's parents were both scientists who were researching the endangered pink fairy armadillo, a species found in Argentina. Steven, his brother, Nick, and his parents had just spent a month living in a tent on the outskirts of the rain forest in Argentina. Because the family traveled so much, Steven and his brother attended school online. Doing homework in the humid rain forest with bugs bigger than hamburger buns flying around and an internet connection that kept cutting out was not Steven or Nick's idea of a good time. They pressed on since they knew how important it was to stay in school, especially if they wanted to be scientists just like their parents. As a reward for putting up with the uncomfortable stay in the rain forest, their parents had planned a family vacation to the Galapagos Islands once their research was complete. The boys were so excited for this new adventure since they had never been to this area of the world before.

How does the narrator of the story help the reader learn how Steven feels about the trip?

a By using a vivid description to show Steven's excitement as they approach the island.
b By telling the reader that Steven wants to be a scientist like his parents.
c By telling the reader that Steven is not looking forward to their vacation.
d By telling the reader that Steven worked hard to plan this vacation for his family.

Answers

the answer would be a

Answer:

A) By using a vivid description to show Steven's excitement as they approach the island.

WILL BE MARKED BRAILIEST!!
3.A company sees that sales of its speakers have decreased over the past
120 days. Its most likely option is to first
design a market research plan

visit some stores selling the product
stop production of the product
lower prices and see what happens

Answers

Answer:

They company goes out of business?

Explanation:

If the natural rate of unemployment was 5 percent, the current unemployment rate was 6 percent, and potential GDP was $4,000 billion, then according to Okun's law the economy would have sacrificed

Answers

Answer:

$80 billion

Explanation:

Okun law equation: GDP gap = Actual GDP * ((Unemployment rate - Natural rate)/100)*2)

GDP gap = $4,000 * ((6-5)/100*2)

GDP gap = $4,000 * 0.02

GDP gap = $80 billion

Therefore, $80 billion in an output level thus, would be what the economy would have sacrificed.

Type the correct answer in the box. Spell all words correctly.
Which process involves managing inventory such that it minimizes the costs incurred while meeting customer needs?
Inventory ______
is the process of managing Inventory such that it minimizes the costs incurred while meeting customer needs.

Answers

Answer:

inventory management

Explanation:

is the process of managing inventory such that it minimizes the cost incurred while meeting customers needs

Answer:

control

Explanation:

Inventory control is the application of processes and policies to optimize a company's inventory use by minimizing costs without sacrificing customer satisfaction.

PLATO
I received a 5/5 on my Inventory Management Mastery Test

multiple choice-- economics

Entrepreneurs do all of the following EXCEPT ...

Come up with new ideas about what, how, when, and where to produce

Own all the other resources

Organize labor, land, and capital

Bear risk from business decisions

Answers

Own all the other resources

Entrepreneurs do all of the following except own all the other resources. Thus, the correct answer is option B.

Who are Entrepreneurs ?

An entrepreneur is someone who has an idea and tries to develop a good product or service that others will purchase, together with a business to help them in their endeavour. An entrepreneur is seen as a visionary or an innovator since they take on the majority of the risk and responsibility for their new company.

An individual who starts a new firm, taking on the majority of the risks and reaping the majority of the gains, is known as an entrepreneur. The entrepreneur is frequently viewed as an innovator, a source of fresh concepts for products, services, businesses, and operational methods. An entrepreneur plans for labour, capital, and resources.

Therefore, Own all the other resources is not a role of an entrepreneur.

To learn more about entrepreneur, click here:

https://brainly.com/question/13897585

#SPJ2

Which of these is not a pathway in the Business Management & Administration cluster?
A.) General Management
B.) Business Information Management
C.)Teaching and Training

Answers

Answer:

C.

Explanation:

Jaylen wants to open an account where he can access money whenever he
needs it. Which type of account should Jaylen open?

A. Money market account
B. Savings account
C. Checking account
D. Certificate of deposit

Answers

C. Checking account

A policy that changes the natural rate of unemployment changes: a. neither the long-run Phillips curve nor the long-run aggregate supply curve. b. the long-run Phillips curve, but not the long-run aggregate supply curve. c. the long-run aggregate supply curve, but not the long-run Phillips curve. d. both the long-run Phillips curve and the long-run aggregate supply curve.

Answers

Answer:

d. both the long-run Phillips curve and the long-run aggregate supply curve.

Explanation:

the long run Phillips curve is a vertical line that represents the natural rate of unemployment, therefore, a change in the natural rate of unemployment will shift the curve.

The long run aggregate supply curve is also a vertical line that shows potential GDP, and a change in the natural rate of unemployment will shift it.

A Web site is an example of a cross channel of communication.
A. True
B. False

Answers

true would be the correct answer

write any five things to be consider during trimming​

Answers

Answer:

There are many things to consider when trimming a tree. Before you start trimming your trees, make sure you have the correct tools. The most common tools used to prune trees are pole pruners, pruning shears, and loppers. Always assess your tree’s size, condition, and location. Do this before trimming to ensure you stay safe during the process.

Overgrown trees can really put a damper on your property’s overall appearance and perceived value if they aren’t trimmed. That’s why you should practice trimming your trees on a regular basis so that you can avoid issues with overgrowth in the first place. Before trimming your tree, you need to consider a few critical variables so things will go as smoothly as possible.

There are various tools and equipment you can use to prune trees, depending on their size, health, and other factors. If you have a huge tree that needs to be trimmed, you should contact a professional because they can pose some serious safety risks.

If you’re someone who is interested in trimming their trees but want more information about the process before doing so, you’ve come to the right place. Below, we’re going to provide you with a detailed explanation of how to trim your trees the right way.

brainlist pls

There are many things to consider when trimming a tree. The most common tools used to prune trees are pole pruners, pruning shears, and loppers.

What are the things consider in case of trimming?

There are various tools and equipment you can use to prune trees, depending on their size, health, and other factors.

Moreover, if you have a huge tree that needs to be trimmed, you should contact a professional because they can pose some serious safety risks.

If you’re someone who is interested in trimming their trees but want more information about the process before doing so, you’ve come to the right place.

Learn more about trimming, refer to the link:

https://brainly.com/question/24555592

Monetary policy refers to Group of answer choices the change in private expenditures that occurs as a consequence of changes in the money supply. changes in the money supply to achieve particular economic goals. changes in government expenditures and taxation to achieve particular economic goals. actions taken by banks and other financial institutions regarding their approaches to lending, account management, etc.

Answers

Answer:

changes in the money supply to achieve particular economic goals.

Explanation:

Monetary policies are changes in the supply of money taken by the central bank or other financial authorities in a nation to attain some macroeconomic objectives. Some of the macroeconomic objectives might include the control of liquidity, inflation, or consumption in the economy.

Markers such as the Gross Domestic Product (GDP), inflation rate, and the tariffs on trade can inform decisions made by these authorities. These decisions have an enduring effect on the economy of the nation, therefore, they are made after due considerations.

Jermaine and Kesha are married, file a joint tax return, have AGI of $82,500, and have two children. Devona is beginning her freshman year at State University during fall 2020, and Arethia is beginning her senior year at Northeast University during fall 2020 after having completed her junior year during the spring of that year. Both Devona and Arethia are claimed as dependents on their parents' tax return. Devona's qualifying tuition expenses and fees total $4,000 for the fall semester and Arethia's qualifying tuition expenses and fees total $6,200 for each semester during 2020. Full payment is made for the tuition and related expenses for both children during each semester. The American Opportunity credit available to Jermaine and Kesha for 2020 is: a.$2,500. b.$3,000. c.$5,000. d.$6,000.

Answers

Answer:

c.$5,000.

Explanation:

The computation of the amount of credit available is given below:

= Devona + Arethia

= ($2,000 × 100%) + ($2,000 × 25%) +  ($2,000 × 100%) + ($2,000 × 25%)

= $2,000 + $500 + $2,000 + $500

= $2,500 + $2,500

= $5,000

hence, the amount of credit available is $5,000

Therefore the correct option is c.

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