Homework Answers
Joan make a pizza in 1 hour and a cale in 2 hours..
So he will make half of a cale in the time he makes a pizza thar is in 1 hour
So his opportunity cost for making a pizza is
C. 1/2 of a cake
Sophia and Maria work in a bakery. It takes Sophia 2 takes Maria 4 hours to...
Sophia and Maria work in a bakery. It takes Sophia 2 takes Maria 4 hours to make one cake, and 4 hours to make one pie a) What is Sophia's opportunity cost of making one cake? b) What is Maria's opportunity cost of making one cake? c) Who has a comparative advantage in making pies? d) Who has a comparative advantage in making cakes? e) The owner of the bakery wants Sophia and Maria to increase their total production. He...
Question 1.Susan can brew 5 gallons of root beer in an hour or she can make...
Question 1.Susan can brew 5 gallons of root beer in an hour or she can make 4 pizzas in an hour. Becky can brew 7 gallons of root beer in an hour or she can make 5 pizzas in an hour. Susan's opportunity cost of making a pizza is gallons of root beer. Becky's opportunity cost of making a pizza is gallons of root beer. Enter numbers rounded to two decimal places. Question 2 Bill and Fred bake cakes and...
1. Suppose Clara can either make 12 pizzas or 4 cakes per day, while Karl can...
1. Suppose Clara can either make 12 pizzas or 4 cakes per day, while Karl can make either 5 pizzas or 10 cakes per day. Who has the comparative advantage in pizza, and who in cakes? What are their opportunity costs of making one pizza? How can this couple gain by living together compared to living apart? Graph the two PPFs.
Question 15 A country can produce either 25 pounds of fish or 7 bushels of corn....
Question 15 A country can produce either 25 pounds of fish or 7 bushels of corn. What is the opportunity cost of producing one bushel of corn? Enter a number rounded to two decimal places. Question 16 England and Scotland both produce scones and sweaters. Suppose that an English worker can produce 30 scones per hour or 2 sweater per hour. Suppose that a Scottish worker can produce 40 scones per hour or 4 sweaters per hour. Who will produce...
Why is the answer C) for both instead of A) if opportunity cost is what you...
Why is the answer C) for both
instead of A) if opportunity cost is what you give up over what you
make? For question 1 Martha is giving up time making cake to make 1
pie so why would it not be 80/60=4/3 not 3/4? Please explain, thank
you in advance.
12) Refer to the table below. Martha's opportunity cost of making of a pie is: Time to Time to Make a Pie Make a Cake 60 minutes 80 minutes...
please explain and answer numbers 4 and 5. 4) Refer to the table below. According to...
please explain and answer numbers 4 and 5.
4) Refer to the table below. According to the table, Martha has the absolute advantage Companative Advantage One person Time to quer... has a compartive advantage Time to another if his or her opportunita Make a Pie Make a Cake of por Perming a tok Martha 60 minutes 80 minutes the cher Dosas opportunity cost Julia 50 minutes 60 minutes A) neither pies nor cakes. B) cakes. C) both pies and cakes....
Graded Attempts: Score: /4 3. Problems and Applications Q3 Kyoko and Rina are roommates. They spend...
Graded Attempts: Score: /4 3. Problems and Applications Q3 Kyoko and Rina 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. Kyoko takes 3 hours to brew a gallon of root beer and 2 hours to make a pizza. Rina takes 7 hours to brew a gallon of root beer and 5 hours to make a pizza. Kyoko's opportunity cost of makinht pizza...
Question 9 If a country has a comparative advantage in producing fish, then they must also...
Question 9 If a country has a comparative advantage in producing fish, then they must also have an absolute advantage in producing fish. True or False Question 11 If John can produce a good in less time than Fred then he has an absolute advantage in producing that good. True or False Question 12 Latasha can read 30 pages of economics in an hour. She can also read 20 pages of sociology in an hour. She spends 4 hours per...
9. Problems and Applications Q3 Pat and Kris are roommates. They spend most of their time...
9. Problems and Applications Q3 Pat and Kris 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. Pat takes 4 hours to brew a gallon of root beer and 2 hours to make a pizza. Kris takes 6 hours to brew a gallon of root beer and 4 hours to make a pizza. Pat's opportunity cost of making a pizza is 1/2 gallon...
Hernan works in the same restaurant and has been working for a longer time. 4. Herman...
Hernan works in the same restaurant and has been working for a
longer time.
4. Herman works in the same restaurant and has been working for longer time. In 1 hour, he can make 6 pizzas or 14 burgers. (5 points) Table 1: productivity, quantities of pizza and bur r hour JudieHemon Pizza (per hour) 4 Burger (per hour) 14 a. How many burgers are equal to 1 pizza? b. How many pizzas are equal to 1 burger? c. How...
Sophia and Maria work in a bakery. It takes Sophia 2 takes Maria 4 hours to make one cake, and 4 hours to make one pie a) What is Sophia's opportunity cost of making one cake? b) What is Maria's opportunity cost of making one cake? c) Who has a comparative advantage in making pies? d) Who has a comparative advantage in making cakes? e) The owner of the bakery wants Sophia and Maria to increase their total production. He...
Why is the answer C) for both
instead of A) if opportunity cost is what you give up over what you
make? For question 1 Martha is giving up time making cake to make 1
pie so why would it not be 80/60=4/3 not 3/4? Please explain, thank
you in advance.
12) Refer to the table below. Martha's opportunity cost of making of a pie is: Time to Time to Make a Pie Make a Cake 60 minutes 80 minutes...
please explain and answer numbers 4 and 5.
4) Refer to the table below. According to the table, Martha has the absolute advantage Companative Advantage One person Time to quer... has a compartive advantage Time to another if his or her opportunita Make a Pie Make a Cake of por Perming a tok Martha 60 minutes 80 minutes the cher Dosas opportunity cost Julia 50 minutes 60 minutes A) neither pies nor cakes. B) cakes. C) both pies and cakes....
Graded Attempts: Score: /4 3. Problems and Applications Q3 Kyoko and Rina 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. Kyoko takes 3 hours to brew a gallon of root beer and 2 hours to make a pizza. Rina takes 7 hours to brew a gallon of root beer and 5 hours to make a pizza. Kyoko's opportunity cost of makinht pizza...
9. Problems and Applications Q3 Pat and Kris 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. Pat takes 4 hours to brew a gallon of root beer and 2 hours to make a pizza. Kris takes 6 hours to brew a gallon of root beer and 4 hours to make a pizza. Pat's opportunity cost of making a pizza is 1/2 gallon...
Hernan works in the same restaurant and has been working for a
longer time.
4. Herman works in the same restaurant and has been working for longer time. In 1 hour, he can make 6 pizzas or 14 burgers. (5 points) Table 1: productivity, quantities of pizza and bur r hour JudieHemon Pizza (per hour) 4 Burger (per hour) 14 a. How many burgers are equal to 1 pizza? b. How many pizzas are equal to 1 burger? c. How...
Most questions answered within 3 hours.
-
What specific indicators can point to lack of progress for
African Americans in American society?
asked 1 minute ago -
1-The Electrons in a beam are moving at 2.7×108 m/s in an
electric field of 15000...
asked 17 minutes ago -
A gas tank is a vertical cylinder. It has a radius of 1m, a
height of...
asked 44 minutes ago -
Accent Software faces the following conditions. All of these
support Accent’s use of a market-penetration pricing...
asked 1 hour ago -
A mathematically inclined friend emails you the following
instructions: "Meet me in the cafeteria the first...
asked 1 hour ago -
A monopoly sells in two countries . The demand curves in the two
countries are p1...
asked 2 hours ago -
A .15kg rubber ball is bounced off a wall. Before hitting the
wall, the ball moves...
asked 3 hours ago -
A manufacturing company preparing to build a new plant is
considering three potential locations for it....
asked 3 hours ago -
B. If compound Y has approximately the same values of solubility
in toluene as compound X,...
asked 4 hours ago -
Oscar Inc. has inventory in Japan valued at 39,051,000 Yen one
year ago. One year ago...
asked 4 hours ago -
If Canada suffered from "fundamental disequilibrium," and its
government choose not to devalue its currency, a...
asked 4 hours ago -
4. How many input & output Key Value Pairs are passed into,
and emitted out of...
asked 4 hours ago