Business, 18.06.2020 20:57 SassyChumpkins

Select the correct answer. The United States and France both produce sweaters and caps. Suppose that a US worker can produce 50 caps per hour or 1 sweater per hour
and a French worker can produce 40 caps per hour and 2 sweaters per hour. Based on this scenario, which statement is true?
A. The United States has a comparative advantage producing caps.
B. France has a comparative advantage producing caps.
C. The United States has a comparative advantage producing sweaters.
D. Neither country has a comparative advantage producing either good.

Answers: 3

Show answers

Another question on Business

Business, 22.06.2019 13:30

Presented below is information for annie company for the month of march 2018. cost of goods sold $245,000 rent expense $ 36,000 freight-out 7,000 sales discounts 8,000 insurance expense 5,000 sales returns and allowances 11,000 salaries and wages expense 63,000 sales revenue 410,000 instructions prepare the income statement.

Answers: 2

Answer

Business, 22.06.2019 14:30

What’s the present value of a perpetuity that pays $250 per year if the appropriate interest rate is 5%? $4,750 $5,000 $5,250 $5,513 $5,788what is the present value of the following cash flow stream at a rate of 8.0%, rounded to the nearest dollar? cash flows: today (t = 0) it is $750, after one year (t = 1) it is $2,450, at t = 2 it is $3,175, and at t=3 it is $4,400. draw a time line. $7,917 $8,333 $8,772 $9,233 $9,695

Answers: 2

Answer

Business, 22.06.2019 17:30

Fabian got into an accident on his way to work. he had multiple fractures in his leg. his doctor advised strict bed rest for at least three months.fabian is a freelance wildlife photographer who usually works on a contract basis, and this is his primary source of income. before the accident, fabian was planning his finances. which goal of his financial plan would fabian in getting through without pay for the next three months? the goal that requires the creation of a/an would fabian get through the next three months without pay.

Answers: 1

Answer

Business, 22.06.2019 21:30

China white was the black market selling of ivory, in which the profit was redistributed back into the trafficking of heroin.

Answers: 3

Answer

You know the right answer?

Select the correct answer. The United States and France both produce sweaters and caps. Suppose tha...

Questions