Alpha can produce either 18 oranges or 9 apples an hour, while Beta can produce either 16 oranges or 4 apples an hour. Which of the following statements is true? Alpha should export to Beta, but Beta should not export to Alpha. Since Alpha has an absolute advantage in both goods, no mutual gains from trade are possible. If Alpha specializes in growing oranges and Beta specializes in growing apples, they could both gain by specialization and trade. If Alpha specializes in growing apples and Beta specializes in growing oranges, they could both gain by specialization and trade.

Answers

Answer 1

Answer:

If Alpha specializes in growing apples and Beta specializes in growing oranges, they could both gain by specialization and trade.

Explanation:

A country has comparative advantage in production if it produces at a lower opportunity cost when compared to other countries. A country should specialise in the production of goods for which it has a comparative advantage

Alpha

Opportunity cost in producing oranges = 9/18 = 0.5 apples

Opportunity cost in producing applies =  18/9 = 2 oranges

Beta

Opportunity cost in producing oranges = 4 / 16 = 0.25

Opportunity cost in producing applies = 16/4 = 4 oranges

Alpha has an opportunity cost in the production of apples while beta has a comparative advantage in the production of oranges

Alpha should specialise in the production of apples

Beta should specialise in the production of oranges


Related Questions

When is a lower annual interest rate better than a low annual fee?

Answers

Explanation:

Lower annual interest in real terms is a relief to customers because it can go across a monthly payment like in a product purchase with a credit card. A low annual fee is just one payment that can be a certain membership of which happens only on an annual basis.

Which of the following is an example of a soft skill?
O A. Ability to use CSS spreadsheets
B. Ability to manage spreadsheets
C. Ability to work well with a project team
D. Ability to manipulate images using computer software

Answers

The ability to work well with project teamwork of the following is an example of a soft skill. The correct option is C.

Soft skills are character traits that help people interact with others positively and successfully. They are immaterial and typically do not pertain to a particular profession or sector of the economy. Soft skills examples include emotional intelligence, teamwork, problem-solving, flexibility, leadership, and communication.

The traits and aptitudes that enable you to work successfully with others during discussions, projects, meetings, or other collaborations are known as teamwork skills. Your capacity for effective communication, attentive listening, responsibility, and honesty are all necessary for teamwork.

Thus, the ideal selection is option C.

Learn more about Soft skills here:

https://brainly.com/question/2949497

#SPJ1

An increase in the expected rate of inflation: shifts the short-run Phillips curve down. shifts the short-run Phillips curve down. shifts the short-run Phillips curve up shifts the short-run Phillips curve up moves us along the short-run Phillips curve to higher rates of inflation. moves us along the short-run Phillips curve to higher rates of inflation. moves us along the short-run Phillips curve to higher rates on unemployment moves us along the short-run Phillips curve to higher rates on unemployment shifts the long-run Phillips curve to the left.

Answers

Answer:

shifts the short-run Phillips curve up

Explanation:

The Phillips curve is a graph that shows the relationship between inflation and unemployment. In the short run, there is an inverse relationship between inflation and unemployment. The Phillip curve submits that high inflation is the cost to pay for economic growth. economic growth is accompanied by low unemployment. In the long run, there is no trade-off between inflation and unemployment.

An increase in expected inflation leads to an upward shift of the Phillips curve in the short run. Unemployment would stay unchanged. While a decrease in expected inflation leads to a downward shift of the Phillips curve

Stagflation in the 1970s have disproved the Phillips curve. Stagflation is when there is high unemployment and high inflation  

pricing is the only element of the marketing mix which gives a)rupee b) cost c) price d) sales revenue​

Answers

A....sorry if I’m wrong

Which of the following is a job from the past which no longer exists?
Media buyer
O Typist
Mail deliverer
Lamplighter

Answers

Answer:

Lamp lighter

Explanation:

Very few exist today as most street lighting has long been replaced by electric lamps.

You have been saving money from delivering groceries for instacart in a savings account to buy a new laptop before going to college. What is the function of money?

Answers

Answer:    Store of value

Explanation:

Extras come from the net income minus
A. Taxes
B. Expenses
C. Savings
D. Budget

Answers

I think it’s B hope that helped

Answer:

Its B

Explanation:

I got it correct

If a country in Europe receives foreign aid from the government of another country then the country has a
trade surplus.
O trade deficit.
O positive or favorable balance of payments.
O negative or unfavorable balance of payments.

Answers

Answer:

positive or favorable balance of payments.

4. Savings are particularly important to young people because:
A. Compounding increases the return
B. They need to buy so many things
C. They are usually poor money managers
D. They usually earn minimum wage

Answers

Answer:

I think it's D

Explanation:

because savings are in the beginning of their financial lives,”

I hope this helped u :)

A client of yours has heard about private equity investing from some wealthy friends and asks you, the registered representative about it. This customer is age 51 and earns $160,000 per year. He is willing to assume a moderate level of risk in pursuit of higher returns. This customer has a liquid net worth of $450,000 and has a diversified equity and bond portfolio. You should tell the customer that the best way to make a private equity investment is to invest in a(n):
A. Hedge Fund
B. VC Fund
C. REIT
D. BDC

Answers

Answer: BDC

Explanation:

The customer will be informed that the best way to make a private equity investment is to invest in a BDC.

A business development company (BDC) refers to a closed-end fund whereby investments are made in firms that are developing.

Business development companies are publicly traded and gives the investors high dividend yields. BDCs are considered to be good investment due to the fact that they yield high equities.

Rosalita's and Antonio's are Mexican restaurant chains. Each restaurant offers similar items on their menus. However, Antonio's restaurants are positioned in the market as elegant establishments with high prices. Rosalita's, on the other hand, are located in middle-class neighborhoods, with a casual atmosphere that welcomes families with young children. The prices at Rosalita's are in the moderate range. When evaluating the marketing strategies used by these restaurants, we can conclude that

Answers

Answer:

We can conclude that they implement the product and service differentiation strategy.

Explanation:

The product and service differentiation strategy is a marketing strategy that consists of increasing consumer perception and satisfaction through products and services that are different from the competition, whether through design, added benefits, etc. Differentiation helps a company to become more competitive in a homogeneous market and increases brand value and consumer loyalty.

What does a credit card company consider when you apply for a card? A.Which companies you have credit cards from already B.Whether you will pay off your balance in full every month C.How many credit cards you have applied for D.The name of the company where you work

Answers

B. Whether you will pay off your balance in full every month

does adrian loves marrinatte

Answers

YES HE DOES!

You can tell by the way he looks at her

Answer:

yes

Explanation:


Which of the following is not a problem of bartering as a medium of exchange?


a.The need for a double
coincidence of wants

b.The need for divisibility

c.The need for portability

d.The need for trade and exchange

Answers

Answer:

The answer is A

My bad lol

He is sincere change into Negative plssss​

Answers

He is not sincere.

This is the negative form of the sentence.

As of March 2016, American households held a total of $12.25 trillion in
debt. Which of the following is the biggest source of debt?

Answers

The answer is Housing debt

are good places to look to find your current expenses when building your budget.

A) Online research websites

B )Banks and credit unions

C)Bank and credit statements

D)Grocery stores and concerts

Answers

Answer:

C)Bank and credit statements

Explanation:

The good places to look to find your current expenses when building your budget is "Bank and Credit Statements"

This is because the credit statement is a document showing a list of transactions or money spent on goods or expenses made. This credit statement can be gotten from a bank of the person whose credit statement is under analysis or credit union.

Hence, in this case, the correct answer is Bank and credit statement.

why is it important for a nail care provider to learn and understand the structure and function of the nails?

Elaborate your answer.(5)​

Answers

Answer:

Learning to know and recognize the Anatomy of the Nail is very important, whether for those who work in the Nails sector and every day must take care (even if only Aesthetically) of the Nails of their Customers, and for those who are simply passionate to the topic or prefer to independently take care of their Hands and Feet!

Explanation:

Review the information in the chart with reasons for and against adding juice boxes to the high school lunch menu.A 2-column table with 3 rows. The 1st column is labeled In Favor of Adding Juice Boxes with entries Juice boxes are an alternative for students with dairy allergies, Juice boxes are an easy way to increase fruit offerings on the menu, and Juice boxes are made from recyclable materials. The 2nd column is labeled Against Adding Juice Boxes with entries The serving size of a juice box is insufficient for high school students, The cafeteria already offers three fruit options as side dishes, and blank.Which statement completes the chart

Answers

Answer:

D. Juice boxes contain too much sugar to be considered a nutritious fruit choice

Explanation:

bc it’s the only option against juice boxes

Answer:

D

Explanation:

Because logic... try it sometime

Keep an emergency kit and fresh water in your car in the event of______

Answers

Answer:

A breakdown or emergency or an unexpected event

Explanation:

The emergency kit should always be kept in the car along with it the fresh water should also be there as if there is any emergency or breakdown occurs or the event i.e. not expected arise so these things would be used so that the problem you are suffering would be solved as soon as possible. Also if you are feeling thirsty so here you need is the water

So according to the given statement, A breakdown or emergency or an unexpected event is an answer

The brenda one is the question thank youuu:)

Answers

Answer:

C. y = 11000(1.086)^7

Explanation:

Given the following data;

Principal = $11,000

Interest rate = 8.6% = 8.6/100 = 0.086

Time = 7 years

To derive a mathematical expression, we would use the compound interest formula;

[tex] A = P(1 + \frac{r}{100})^{t}[/tex]

Where;

A is the future value.

P is the principal or starting amount.

r is annual interest rate.

t is the number of years for the compound interest.

Substituting into the formula, we have;

[tex] A = 11000*(1 + \frac{8.6}{100})^{7 [/tex]

[tex] A = 11000*(1 + 0.086)^{7 [/tex]

[tex] A = 11000*(1.086)^{7 [/tex]

[tex] A = 11000*1.78 [/tex]

A = $19,580

Summarize three reasons why it is important to use critical thinking.

Answers

Answer:

Improve communication strategies

Support smooth operations

Streamline product development

Explanation:

Improve communication strategies. Communicating with different types of people requires defining the needs of the target audience, which demands critical thinking. For example, if a company is being bought out by a competitor, the CEO must consider how this will impact everyone, from low-level employees to investors, and determine what messages to convey to each party. Acting quickly is essential, as he or she should be the first to give the employees the news to maintain their trust.

Support smooth operations. Maintaining daily operations in an ever-changing environment requires constant critical thinking. For example, if the power goes out at a restaurant and there is no emergency generator, the manager must decide not only what to do with the customers and staff but also whether and how to salvage refrigerated food. The quicker the manager acts, the more likely he or she is to make the best of an unfortunate situation.

Streamline product development. A product development role requires multiple decisions to ensure efficacy, marketability and safety. For instance, if a company is marketing a new kitchen gadget, designing it a certain way would make it look more appealing, but that design could also make it more difficult to use. Should the company prioritize function or fashion? The sooner it reaches a decision, the sooner production can begin.

What was the interest rate if your balance on an investment of $357 at the end of six years is $1,128.36?

Answers

Answer: 36%

Explanation:

The formula for simple interest is:

= (Principal × Rate × Time) / 100

Here, the principal = $357

Time = 6 years

Interest = $1,128.36 - $357 = $771.36

To calculate the rate goes thus:

Interest = PRT / 100

771.36 = (357 × R × 6) / 100

771.36 = 2142R / 100

Cross multiply

771.36 × 100 = 2142R

77136 = 2142R

R = 77136 / 2142

R = 36.01

Rate = 36%

Therefore, the interest rate is 36%

Bill Tallyrand, as county assessor, entered into a fraudulent
scheme at the urging of his son Tom, the county collector.
Together they bilked the citizens of Lawrence County out of
millions of dollars. After the scheme was discovered, Bill
refused to testify against his son by claiming the Fifth
Amendment's prohibition against self-incrimination. The
county prosecutor then granted Bill immunity, but he still
refused to testify. What punishment can the court inflict
upon Bill to compel his testimony?

Answers

A witness who refuses to testify after being given immunity can be held in contempt of court and subjected to fines and jail time.

Legal immunity, also known as immunity from prosecution, is a legal position in which an individual or institution is not held accountable for a violation of the law in order to further social goals that outweigh the value of imposing culpability in such instances.

What does Immunity mean for a witness?

If a witness refuses to testify after being granted immunity, he or she may be placed in contempt of court and face fines and jail time. Even after being granted use and derivative use immunity, the witness is not always out of the woods: the prosecution can continue to pursue the witness.

However, after the prosecution has given immunity, the prosecution is restricted in how it can use that testimony in the future. If the prosecution pursues an indictment against an immunized witness, the prosecutor and law enforcement must demonstrate that the case is wholly based on evidence that is independent of the witness's immunized testimony.

For more information about Immunity refer to the link:

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Pick a Random Company?
I need 2 company names plz help

Yo me and my dad actually got along last night n its been so long sense me and him even talked....

Answers

Answer:

Divine Medince and Medince forest

Explanation:

no matter how mad you or your dad get you need to Cherish each moment with him because one day you will wake up and he won't be there



In 2016, unemployment in Egypt was 12.5% and in Saudi Arabia, it was 5.7%.

A. Explain one way unemployment may have been measured in the two countries.

B. Why may the unemployment rate be higher in one country than another?

C. Explain what should influence the measures that the Egyptian government should take to
reduce unemployment in the country.​

Answers

Answer:

hi sorry but i need more pionts to post my question because im cheating in online exam and i honestly dont know anything pls dont report or delete im not even in high school well i selected high  school by mistake but im in middle school

Explanation:

WHERE THE PRODUCTION WOULD HAPPEN? (IN THE PICTURE)

Answers

Answer:

on the work ground

Explanation:

They have a large enough flat piece of land that they could plant on

Answer:

cocola company

Explanation:

because it is the right place for production to take place

What three factors that had a negative impact on the financial performances of unibic in its early years?

Answers

Answer:

Price of unibic, preference for other glucose biscuits, and inadequate marketing and branding campaigns had a negative impact on the financial performances of unibic in its early years

Explanation:

The three factors that negatively impacted the financial performances of unibic in its early years were as follows

a) The price of Unibic cookies was higher as compare to its other competitors.

b) During those days, glucose biscuits were preferred as compared to bakery cookies of Unibic

c) Packaging, branding and marketing  not as per the public requirement

An insurance company faces an ethical dilemma. A faulty computer program designed to evaluate insurance claims has been denying a high number of valid claims. A meeting has been arranged where senior management would decide how to handle the situation. The people at the table have varying views of what action to take and why. Han wants to report the error and reimburse the affected customers immediately because he believes he could end up being fired if the company's reputation suffers because of the issue. Jamila wants to report the error because it is the honest thing to do, and therefore necessary. After hearing his colleagues' opinions, Keith says he is willing to do whatever the more experienced managers in the group recommend. Several other managers believe the company should correct the problem going forward but not do anything about the customers who lost out on past payments. Which of the following best describes the ethical system used by Jamila to make her decision?
A. universalism
B. utilitarianism
C. egoism
D. virtue ethics
E. relativism

Answers

Answer:

D. virtue ethics

Explanation:

Virtue ethics is the person based. It would show the moral character of the person that carried out the action instead of the duties & rules. Basically a good person is the someone who possessed and Live the virtues

So according to the given situation, Jamila would use the virtue eithics because the  ethical system has come for her decision

Hence, the option d is correct

Traditions and beliefs form an intrinsic part of any __________. For example, Hanukkah, a Jewish festival celebrated by Jewish families, is unique and restricted to its community, but not celebrated by other communities. Such traditions are the foundations of families, which in turn builds the _________.

first space options: economy, government, culture
second space options: government, society, businesses

Answers

Answer:

1st blank: society

2nd blank: culture

Explanation:

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