Maria and Simone are roommates. They spend most of their time studying (of course), but they leave some time for their favorite activities: making pizza and brewing root beer. Maria takes 3 hours to brew a gallon of root beer and 2 hours to make a pizza. Simone takes 7 hours to brew a gallon of root beer and 5 hours to make a pizza.1. Megan's opportunity cost of making a pizza is:.a. 2/3 gallon. b. 5/7 gallon. c.1 1/2 gallons. d. 1 2/5 gallons. Who has an absolute advantage in making pizza, and who has a comparative advantage in making pizza?2. If Megan and Susan trade foods with each other who will trade away pizza in exchange for root beer?3. The price of pizza can be expressed in terms of gallons of root beer. The highest price at which pizza can be traded that would make both roommates better off isof root beer, and the lowest price that makes both roommates better off isof root beer per pizza.

What are the main advantages and disadvantages of organizing a firm as a c corporation? the advantages are: (select all the choices that apply.) a. there is no limit on the number of owners a c corporation may have, thus allowing the corporation to raise substantial amounts of capital. b. the life of the business can continue beyond the death of any of the owners. c. the corporation can use the assets of the owners to pay for corporate liabilities. this attracts smaller investors to the corporation. d. the liability of the owners is limited to the amount of their investment in the firm. the disadvantages are: (select all the choices that apply.) a. income to a c corporation is subject to double taxation, once at the corporate level and again when received by the owners in the form of a dividend. b. the life of the business usually ends with the death of any of the owners. c. the c corporation is more complicated and more expensive to set up than other business entities. d. corporate liabilities can be passed on to the share

If you miss two payments on a credit card what is generally the penalty

Selected transactions of the carolina company are listed below. classify each transaction as either an operating activity, an investing activity, a financing activity, or a noncash activity. 1. common stock is sold for cash above par value. 2. bonds payable are issued for cash at a discount