Select the budget that would most quickly achieve the financial goal of saving $6000 for college tuition. monthly budget budget a budget b budget c budget d income $1250 $1000 $1125 $1500 expenses rent utilities food cell phone savings personal items entertainment car expenses clothing $200 $70 $150 $0 $600 $120 $30 $0 $20 $200 $80 $250 $75 $50 $10 $100 $200 $0 $300 $75 $160 $40 $200 $25 $20 $0 $300 $0 $0 $400 $110 $450 $50 $150 $250 $50 net income $60 $35 $5 $40 a. budget a b. budget b c. budget c d. budget d

scenario: hawaii and south carolina are trading partners. hawaii has an absolute advantage in the production of both coffee and tea. the opportunity cost of producing 1 pound of tea in hawaii is 2 pounds of coffee, and the opportunity cost of producing 1 pound of tea in south carolina is 1/3 pound of coffee. which of the following statements is true? a. south carolina should specialize in the production of both tea and coffee. b. hawaii should specialize in the production of tea, whereas south carolina should specialize in the production of coffee. c. hawaii should specialize in the production of coffee, whereas south carolina should specialize in the production of tea. d. hawaii should specialize in the production of both tea and coffee.