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

Benefits of having a strong brand image

Answers

Answer:

benefits of building and maintaining a strong brand are endless: customer recognition, word-of-mouth marketing, customer loyalty, enhanced credibility, and ease of purchase, to name a few. Your brand is one of your company's most valuable assets.

HELP ASAP WILL GIVE BRAINLIEST!!! A restaurants claims to have all-beef burgers, but in reality their burgers arent 100% beef. What type of law or regulation is this restaurant breaking?

Answers

False advertisement

PLEASE HELP, I WILL MARK BRAINLIEST!!! define/describe the following terms. note what the advantages and disadvantages of each are (from a worker's perspective). here are the following terms: contracting, consulting, entrepreneurship

please no links, this is due tommorow!!!​

Answers

The advantages of entrepreneurship include the ability to shape one's own business, control of one's own working habits, and significant stock in the venture. Disadvantages include a lack of guarantee of success and the heightened responsibility of owning a business. Higher take-home pay.
Tax relief on business expenses.
Greater opportunity for tax planning.
Total control of your business and name.
One company for all your business interests.
Limited liability and protection of personal assets.

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.

Whats your favorite Song guys

Answers

gravity ft. tyler the creator

Memories by Maroon 5. I love this song.

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%

How much of your "gross" income should you spend on your rent and housing
expenses?
OA. One third
OB. One fifth
OC. One half.
OD. Two thirds.

Answers

As a general rule, you want to spend no more than 30 percent of your monthly gross income on housing. If you're a renter, that 30 percent includes utilities, and if you're an owner, it includes other home-ownership costs like mortgage interest, property taxes and maintenance.

One of the determinants of employees' willingness to exert effort is the degree to which they value the rewards offered by the organization.

Answers

Answer:

True.

Explanation:

An employee can be defined as an individual who is employed by an employer of labor to perform specific tasks, duties or functions in an organization.

Basically, an employee is saddled with the responsibility of providing specific services to the organization or company where he is currently employed while being paid a certain amount of money hourly, daily, weekly, or monthly depending on the contractual agreement between the two parties (employer and employee).

Hence, while an employer may be the owner of a business firm or company, an employee is a subordinate employed to provide unwavering services to the employer while also, being professional and diligent at all times.

An equality norm refers to a reward system in which the employer or human resource manager decide to compensate or pay the entire workforce the same amount of money without discrimination or favoritism.

Basically, it's paid regardless of individual productivity levels, in order to promote the ability to work effectively in groups.

However, one of the determinants of employees' willingness to exert effort is the degree to which they value the rewards offered by the organization. These rewards usually includes salary, overtime, transportation (car), house, pension, healthcare, allowances, etc.

Hence, the willingness of an employee to put in his best at his place of work by exerting more effort, is largely dependent on the reward system designed and being implemented in the organization.

For example, an employee who's given an official car with a driver, apartment, healthcare and work bonus is more inclined to perform excellently and loyal to his employer.

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

Dirk suffered a heart attack and was rushed to the hospital where heart surgery was performed. His total bill for medical services was $50,000. Dirk has a major medical policy with 80-20 coinsurance, a $1,000 calendar-year deductible, and a $9,000 out-of-pocket limit. The out-of-pocket limit applies to coinsurance only. Assuming this hospitalization was the first medical care that Dirk received during the year and that all of the hospital services were eligible for coverage under the policy, how much of the $50,000 bill will the insurer pay

Answers

Answer:

2000

Explanation:

answer the question in the pic.

Answers

Answer:

Uhhhhhhh There's no picture.

Answer:

what pic

Explanation:

Which education and qualifications are most helpful for Maintenance, Installation, and Repair careers? Check all that apply. apprenticeships knowledge of engines and machinery leadership physical strength persistence bachelor's degree

Answers

Answer:

1, 2, 4, 5

Explanation:

ty answer above meeeeee

The education and qualifications that are most helpful for Maintenance, Installation, and Repair careers are apprenticeships,  knowledge of engines and machinery, physical strength, and persistence Thus, options 1st, 2nd, 4th, and 5th are correct.

What is a repair career?

Repair specialists offer upkeep and maintenance services for computers, appliances, computers, machinery, and other systems and equipment. These services may be carried out in the shop or on-site at the client's place of business or house, depending on the type of item that needs repair.

The following degrees and credentials are most beneficial for employment in maintenance, installation, and repair apprenticeships; expertise with machines and engines; physical stamina; persistence.

The individual in question must have had some on-the-job training. Also, the worker has to be physically fit since they may need to move some big machines. Hence, options 1st, 2nd, 4th, and fifth are correct.

Learn more about repair career here:

https://brainly.com/question/28961523

#SPJ3

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 statements would be considered pros of globalization?

Increased competition between countries

Increased immigration of unskilled workers

Increased public funding for education and immigration of those citizens with education

Increased consumption of wide variety of goods leading to increased production

Answers

Answer:

increased consumption of wide variety of goods leading to increased production.

Explanation:

im sorry if i get it wrong

Why can communicating with someone with a different background than yours present challenges?

Answers

Well maybe because of your different culture. Different cultures have different customs and religious and cultural beliefs. Sometimes it can be hard to communicate with someone that doesn’t share similarities or likes with you. So yea. Hope this helps!

George walks in and wants to send multiple back to back transactions to the
same person after asking some "Know Your Customer" questions, you find
out the receiver sells homeopathic remedies directly to customers. They're
dirt cheap! The receiver was very thorough with the instructions for sending
the payment information, so George feels confident.
Are there any Red Flags? If so, please select all that apply:

Answers

Answer: The Sender and Receiver don't know each other

Sending money for what sounds like a too good to be true

The purpose of transaction for online goods is questionable

Explanation:

The statement "The sender & receiver don't know each other, money send for sounds like very good to be true dealing, and the motive of the transactions with respect to the online goods is considered to be questionable" is considered to be the red flag.

The sender i.e. Geroge who not even know the receiver that sells the homeopathy remedies online so this could raise a few issues but it is not to be considered very serious for red-flagged:

Since e-commerce arises each and every time that lies between non-known parties online.

This is due to the dirt chape that could make it suspicious also they don't know each other so this should be considered red-flagged.

The instructions with regard to the payment do not represent any signal of reliability and truthfulness so might me the receiver is trustworthy and genuine.In the case when the homeopathy remedies do not have the licensing and permissions so it would become questionable.

No one could suggest the specific brand of homeopathy as it becomes nonprofessional and non-appropriate, so the last option is not be considered.

Therefore we can conclude that The statement "The sender & receiver don't know each other, money send for sounds like very good to be true dealing, and the motive of the transactions with respect to the online goods is considered to be questionable" is considered to be the red flag.

Learn more about homeopathy here: brainly.com/question/7460064

3. Which is an example of a financial statement?
a. Bank statement
b. Statement of contributions
C. Fixed and variable statement
d. Periodic statement

Answers

Answer:

i think the answer is

a.)bank statement

Answer: A. Bank statement

Does anyone have an idea of what to put for example thing about LIFE INSURANCE!!!

Answers

Answer:

Explanation:

if you get sick really suddenly and can't pay the hospital bills or if someone takes thier own life   they will help with that too

________ are programs where the government provides a tax deduction for spending on health insurance and other benefits by both employers and employees.

Answers

Answer:

Tax expenditures

Explanation:

Tax expenditures refer to the special kind of the provision like exclusion, deductions, credit, rate of the tax that would give the benefit for the particualr activities or the taxpayer group.

It is a program where the government give the tax deduction with respect to the amount spend on the health insurance and the other benefits

Ken purchased a PAP with liability limits of 100/300/50, medical payments coverage, and collision coverage. Ken fell asleep while driving late at night. He crossed the center line and hit a car approaching from the other direction. The following losses occurred: The driver of the other car suffered $30,000 in bodily injuries. Ken's car sustained $5,000 in damages. Ken incurred $5,000 in medical expenses. The car that Ken hit was a total loss. Which of Ken's Personal Auto Policy (PAP) coverages will cover the damage to the car that Ken hit

Answers

Answer: property damage liability

Explanation:

Personal Auto Policy (PAP) is a typical insurance policy which helps in the insuring of ones vehicles.

Ken's Personal Auto Policy coverage that will cover the damage to the car that Ken hit will be the property damage liability. A property damage liability insurance helps in the coverage of the cost of damage which is caused to other people.

Since Ken has damaged someone's car, his property damage liability will cover it.

Assignment 7S
(15 points)
Assignment Overview
This is a three-part assignment.
In Part I, you'll check your work from Section 7.
In Part II, you'll add on to your Section 7 project.
In Part III, you'll zip and submit your files to your instructor.
Part I: Check Your Work
Follow these steps to check your work from Section 7.
1. Make sure your Career Presentation looks the way you want it to. If you want to make
changes, do that now.
2. Make sure you've saved your work before you continue.
3. Make sure your Career Presentation meets the criteria in the Career_Presentation
Grading Rubric on the next page.

Answers

Answer:

im confused my self

Explanation:

Aswer

did u use slides

Explanation:

??

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.

You see Paul dealing with Susan, an upset employee from another department. Susan is complaining about something that your department was supposed to do but didn't. You are in a back room and have not been seen by Susan. Paul is obviously frustrated and unable to deal with Susan effectively. You should:

a. Walk up to the pair and attempt to change the conversation.
b. Introduce yourself to Susan and offer your assistance.
c. Ask your supervisor to offer some interpersonal skills training to Paul.
d. Tell Paul that Susan is needed by the supervisor to end the situation.

Answers

I think option (b) is the correct

please please.pleas help me

What are the advantages and disadvantages of consulting

NO LINKS!!!​

Answers

Answer:

Advantages of Being a Consultant:

You can learn many skills

Consulting allows you to build a powerful network

You get responsible tasks from the beginning

Perfect if you like to travel

You learn to work with the latest technologies

You can work in project teams

Consulting allows you to see many new things

You can work with many clients

Continuous training

You can work with other motivated people in consulting

Consulting teams support each other

You work on demanding projects

Good for your CV

You learn how to deal with stress

Consultants can earn pretty good money

Great exit options

You can work on many projects

Consulting never gets boring

Explanation:

Disadvantages of Being a Consultant:

Pressure in consulting can be high

Strict deadlines are a problem

You will be pushed to your boundaries

Consulting can imply working long hours

You may be away from home during the week

Being a consultant can be lonely

Some people develop mental issues

No real work-life balance

Problematic in case you have children

You have to represent the company

Many of your colleagues will leave

Insecurity regarding what comes next

Great swings in workload

Unsatisfying outcomes

Success greatly depends on the project manager

At December 31, 2017, Mallory, Inc., reported in its balance sheet a net loss of $12 million related to its postretirement benefit plan. The actuary for Mallory at the end of 2018 increased her estimate of future health care costs. Mallory's entry to record the effect of this change will include: Group of answer choices A debit to Post-retirement benefit expense and a credit to APBO. A debit to Loss-OCI and a credit to APBO. A debit to APBO and a credit to Loss-OCI. A debit to Post-retirement benefit expense and a credit to Loss-OCI.

Answers

Answer:

A debit to Loss-OCI and a credit to APBO

Explanation:

When the net loss is reported on the balance sheet with respect to the postretirement benefit plan also the cost of the future health care is rise so the impact of the change would be that the other comprehensive income i.e. OCI would be debited while on the other hand the accumulated post benefit obligation would be credited

therefore the second option is correct

PLEASE HELP ASAP!! CORRECT ANSWER ONLY PLEASE!!!

What is the rule of 72 used to determine?

A. the approximate time it takes an investment to triple in value

B. the approximate time it takes an investment to double in value

C. the approximate time it takes to earn 10% interest

D. the approximate time it takes to earn $72 on any investment amount

Answers

Answer:

a. the approximate triple in value

hope it helps :)

Answer:

B

Explanation:

So, lets go over what the rule of 72 is.

First off, the formula is: [tex]t=\frac{72}{r}[/tex]

The t stands for time in years.

The r stands for the intrest percentage.

So bascially, t is just 72 divided by the intrest rate.

So we know what the forumla/varaibles is, but what is it used for?

Well, lets plug in a number and see.

How about we go with an intrest rate of 8%? This is the most accurate percentage to use with the rule of 72, and the numbers get more and more inaccurate as you go higher or lower than this percentage:

t=72/8

=

t=9

So we know that it takes 9 years to do...what exactly?

Well, lets see, if you multiply 72 by 108% 9 times, what do you get? Remember that parehteses are important, and if you are testing this on a calculator, you should do 72*(1.08^9):

Well, 1.08 to the ninth power is 1.999

Times this by 72, and you get: 143.28

This is not 100% accurate, but as you can see, its very close to DOUBLING the value.

So, we know that it would take 9 years in this situation to double our value, or in other words:

9 years is the approximent time it takes to double our value, or investment.

This looks almosted exactly like B.

Hope this helps!

ONE TWO THREE FOUR _______________.

Answers

Answer:

I declare a thumb war?

Explanation:

Answer:

5

Obviously it’s 5 your welcome

pleaseeeeeeee helpppppppp Which of the following media representatives would most likely meet with a celebrity fashion designer to preview her Fall collection in July?

the art director of an online fashion magazine
the advertising chief of a celebrity gossip magazine
the editor-in-chief of an international fashion magazine
the author of a fashion blog

Answers

I feel like the answer may be the art director of an online fashion magazine but I could be wrong ><

1. Waves are created when a source of energy causes a _____.

Answers

Answer:

Waves are created when a source of energy causes a medium to vibrate. A vibration is a repeated back-and-forth or up-and-down motion. This motion is the source of the wave. Waves are classified according to how they move.

Explanation:

If the exchange rate for buying Japanese Yen is 12 Yens per Dollar, how many
Yens do you need to buy 200 Dollars for? show working please

Answers

Answer:

2,400 Yens

Explanation:

exchange rate for buying Japanese Yen is 12 Yens per Dollar

1 dollar : 12 Yens

how many Yens do you need to buy 200 Dollars for?

Let

x = number of Yens needed

200 dollars : x Yens

Equate the ratios to find x

1 dollar : 12 Yens = 200 dollars : x Yens

1/12 = 200/x

Cross product

1 * x = 12 * 200

x = 2,400

x = number of Yens needed = 2,400 Yens

Answer:

2400 yen

Explanation:

smort

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A teacher performing a demonstration finds that a piece of cork displaces 23.5 cm3 of water. The piece of cork has a mass of 5.7 g. What is the density of the cork HELP! plz worth 40 points if u help wit all of them. plzz due in 10 mins where I live. Plus brainliest and ( Ik Itz NOT math but plzz) Vextra Corporation is considering the purchase of new equipment costing $35,000. The projected annual cash inflow is $11,000, to be received at the end of each year. The machine has a useful life of 4 years and no salvage value. Vextra requires a 12% return on its investments. The present value of an annuity of $1 for different periods follows: Periods 12% 1 0.8929 2 1.6901 3 2.4018 4 3.0373 Compute the net present value of this investment. An astronaut wandering the solar system encounters a 726 kg steel block restingon a surface where (meau) s = 0.650 and k = 0.400. An attempt by the astronaut to setthe steel block in motion across the surface requires a force of 4930 N. 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