ABSOLUTE AND COMPARATIVE ADVANTAGE PRACTICE SHEET
You are given the following information about a couple and the number of times they can perform a task in a six hour period changing the oil in a car and baking a pie.
Changing Oil and Filter
Billy Bob. Mary Lou
4. 6
Baking a Pie
4. 5
1. What is Billy Bob's opportunity cost of changing the oil in terms of baking a pie?
2. What is Billy Bob's opportunity cost of baking a pie in terms of changing the oil?
Help me please!!!!!!!
The time to bake a pie is Billy Bob's opportunity cost of changing the oil. Meanwhile, oil change time is Billy Bob's opportunity cost when baking a pie.
We can arrive at this answer because:
Opportunity cost refers to an element that has to be abandoned so that another element can happen.This is because both elements need the same resource and it is not possible to provide this resource to both at the same time.As we can see from the above question, the time Billy Bob takes to change the oil is roughly the same time he spends baking a pie.
In this case, when changing the oil, he has to give up baking the pie, which makes the time to bake the pie the opportunity cost.
Likewise, when baking the pie, Billy Bob spends the time of changing the oil and that is the opportunity cost.
More information:
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Business revenue is (1 point) money collected through product sales money a firm must pay for production taxes a firm must pay to the government taxes collected by the government
This is true if that is what you are asking.
reasons why marriage in African traditional society was more stable( give seven well explained reasons)
Many African communities believe marriage is primarily about procreation and providing for children as this is seen as the foundation of society. They are often encouraged against marrying for love or sexual attraction.Increasing experience of premarital sex, premarital birth, cohabitation, and racial and religious heterogamy are detracting from marital stability. However, rising age at marriage and, to a lesser degree, increased education are associated with increasing marital stability.
Which of the following is not a reason the government expects citizens to obey laws to keep citizen safe or to limit the freedom of its citizens or to keep the peace or to maintain human rights
Answer:
to limit the freedom of its citizens :)
Explanation:
I was looking for the same question and found it
How did groups like the Son’s of Liberty show the colonists were serious about gaining freedom?
Answer:
In the colonies, Patriot groups like the Sons of Liberty led boycotts of British goods and took violent measures that stymied British officials.
Hope this helps:)
For which reason was the draft or selective service created
Your answer → gave the president the power to conscript men for military service.
Answer:
President Woodrow Wilson signed the act into law after the U.S. Army failed to meet its target of expanding to 1 million men after six weeks. The act gave the president the power to conscript men for military service. All men aged 21 to 30 were required to enlist for military service for a service period of 12 months.
Explanation:
If you find that America is not living up to the principle or value, what should we do? What negative outcomes could come from not living up to it?
Answer:
you should spread word and make the problem known that way more people can get involved
What is billy bob’s opportunity cost for changing the oil in terms of baking a pie
Answer:
what's the full question because id understand it
Explanation:
Baking a Pie is billy Bob's opportunity cost for changing the oil in terms of baking a pie in the time of the changing the oil.
What is opportunity cost?
The next best option is the term used by economists to describe opportunity cost. The opportunity cost, sometimes referred to as the alternative cost, is the best option to select depending on the circumstances.
Billy Bob spends nearly the same amount of time changing the oil as he does bake a pie. When it comes to baking a pie, Billy Bob's opportunity cost is the time it takes to change the oil. This is because both elements require the same resource, which cannot be provided to both at the same time.
As a result, the billy Bob's opportunity cost for changing the oil in terms of baking a pie.
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Complete question was:
You are given the following information about a couple and the number of times they can perform a task in a six hour period changing the oil in a car and baking a pie.
Changing Oil and Filter
Billy Bob. Mary Lou
4. 6
Baking a Pie
4. 5
1. What is Billy Bob's opportunity cost of changing the oil in terms of baking a pie?
Nuôi ong và trồng táo
Sản lượng mật ong: H
Sản lượng táo : A
Chi phí của hai nông trại: Ch = H^2 / 100; Ca = A^2 / 100
Giá bán PH = 2 $; PA = 3 $;
(? 1) Xác định sản phẩm mật ong và táo của từng nông trại để họ tối đa hóa lợi nhuận?
(? 2) nếu như 2 nông trại sáp nhập với nhau, tính sản lượng mật ong và táo bạo để tối đa hóa lợi nhuận?
hi the skylight card to play the town rockets up into
Why do you think the southern colonists did not care about relations with Native Americans?
Explanation:
Initially, white colonists viewed Native Americans as helpful and friendly. ... The Native Americans resented and resisted the colonists' attempts to change them. Their refusal to conform to European culture angered the colonists and hostilities soon broke out between the two groups.May 14, 2004
Why did the Jewish population of Palestine triple during the 1930’s?
Answer:
Waves of Jewish migration from North Africa and the Middle East were one factor in the Jewish population growth in Palestine. Eastern European Jews immigrated to Palestine too, escaping the Nazi regime.
Explanation:
what isthe meaning of antropology
What is blas?
Blas is ________
justify the quote telling the truth and making someone cry is better than telling a lie and making someone else
this is just a quote for the day????
What is the difference between marginal cost and marginal revenue? Marginal cost is the money earned from selling one more unit of a good. Marginal revenue is the money paid for producing one more unit of a good. Marginal cost is the money paid for producing one more unit of a good. Marginal revenue is the money earned from selling one more unit of a good. Marginal cost is the money a producer might make from one more unit. Marginal revenue is the money a producer actually makes from one more unit. Marginal cost is the money a producer actually makes from one more unit. Marginal revenue is the money a producer might make fr
Answer:
Marginal cost is the money paid for producing one more unit of a good. Marginal revenue is the money earned from selling one more unit of a good.
Explanation:
While revenue (which is also known as sales) refer to money earned from the sale of goods or rendering or service, cost refers to the expenses incurred in the process of generating the revenue.
Marginal in economics refers to additional unit and as such,
Marginal revenue is the amount earned from the sale of an additional unit of an item while
Marginal cost is the money paid or cost incurred in producing an additional unit of an item.
what are some guidelines for using presentations aids well?
What was life like for women during the Middle Ages?
Please can you brainlist the answer
What helped the Black Cowboys of Texas find work in the late 1800s?
A.Factories in Texas began hiring African American former ranch hands.
B.The government gave ranches to former slaves after the Civil War.
C.Texas ranchers needed to sell their livestock in northern states.
D.The growing population in Texas required livestock from nearby states.
Answer:
A
Explanation:
what is the aspects for clothing
Answer:
Sorry i don't remember bye
Explanation:
i will try to remember
Problematic variables that can lead to alternative explanations for the results of a study are called what
Answer:
confounding variables
Explanation:
In what ways has the Internet affected how you view reality? Explain using a symbolic interactionist perspective.
Answer:
Explanation .:the internet is like the future. Every year technology gets more advanced to the point where we use it in a daily basis.
write a letter to social organizations of your district requesting them to conduct various programs which will help to control the social problems
Answer:
okkk what is your position in the letter????
Explanation:
are a student or the head of the community district???
đổi mới chính trị ở VN hiện nay và các mới quan hệ
Answer:
Explanation: Vietnam's Political Reforms At the Sixth Congress of the Communist Party of Vietnam (CPV) in De cember 1986, political reforms (so-called "politics of renovation" or doi moi) were introduced with a succession of measures at economic modification and decentralization.4 This was an initial major political decision by the
Need help on this question please!
Answer:
How does materialism affect our lives?
We found that the more highly people endorsed materialistic values, the more they experienced unpleasant emotions, depression and anxiety, the more they reported physical health problems, such as stomachaches and headaches, and the less they experienced pleasant emotions and felt satisfied with their lives.
Explanation:
But other research shows that materialism is a natural part of being human and that people develop materialistic tendencies as an adaptive response to cope with situations that make them feel anxious and insecure, such as a difficult family relationship or even our natural fear of death.
I need help! Please tell me the answer:(
Answer:
An applicable example of the spread of ideas throughout history would be most notably during the renaissance and the enlightenment which spread scientific and artistic ideas with the assistance of literature, salons, and the like as well as the industrial revolution which allowed for faster travel and thus the intermingling of cultures. This led to what is widely regarded as "western culture" which is still seen today, because while countries in europe and the areas they colonized differed in some ways these periods allowed for fashion, government, art, and even education styles to become more standardized throughout regions.
Another example could be the spice trade across the silk road. The bolstered trade between countries, though far apart, created a cultural connection between the two which stimulated the spread of ideas throughout countries.
An example of similar linguistic intermingling would be within ancient Egypt. The we are able to understand hieroglyphics because of the base language used in the area which was used farther north and as the language evolved there were adaptations of it throughout the region. One such surviving adaptation, even though it was affected by the dialect of neighboring regions and the simplification of pronunciation allowed experts a glimpse into the likely translation of hieroglyphs (it was difficult because they only include the consonant of letters and no vowels and thus must be supplemented by the reader instead and without knowing the language in the form it was at the time it was written was difficult and the intercultural adaptations provided a way for the language to evolve while maintaining its roots)
The true answer to this question is that there is no one answer. There are plentiful examples of this throughout history because of the way societies evolve, intermingle, and fall even in ancient times. It mainly comes down to the strength of global trade, types of communication, and the location of settlements. It can also be affected by politics like war because any interaction between countries can affect their culture, customs, or relationship with one another. Basically you could come up with hundreds of examples in many different contexts. You might actually do some research on it and you might find some interesting historical tidbits and find an answer to the question that actual interests you.
The center of Africa is in between which two meridians
Answer: The center of Africa is located between the Atlantic Meridian and the Indian meridian.
How do you see risk management as a way to protect tourism? Explain.
Answer:
Tourism risk management provides a generic framework for the identification, analysis, assessment, treatment and monitoring of risk. It is the basis of both crisis management for destinations and businesses/organisations and of disaster management for communities.
1. commonly accepted social behavior
manners
2. the influence friends exert upon other friends
cliques
3. a brother or a sister
prejudice
4. an unfavorable judgment of a person's character not based on fact
discipline
5. the use of rules and punishment to control behavior
peer pressure
6. a small group of friends that ignores others
sibling
Answer:
read properly
Explanation:
read properly
compare birth and death rate of developed and the least developed regions of the world
The world population currently stands at over 7.7 Billion people in the year 2019(1✔). Medindia’s dynamic world population clock uses the crude birth and death rate of the world for its calculation. The current crude birth rate of the world is 18.9 per 1000 population and death rate is 7.5 per 1000 population(2✔).
CAN YOU ANSWER PLS I REALLY NEED
Answer:
this might help
Explanation:
1-I tend to have good grades
2-My Answer would likely have changed with the pandemic because the way I learned had changed.
3-you need a reason to study as motivation to work harder and keep studying.