Business, 27.12.2019 05:31 roseemariehunter12

Suppose that a worker in radioland can produce either 4 radios or 1 television per year, and a worker in teeveeland can produce either 2 radios or 4 televisions per year. each nation has 100 workers. also suppose that each country completely specializes in producing the good for which it has a comparative advantage. if radioland trades 100 radios to teeveeland in exchange for 100 televisions each year, then each country’s maximum consumption of new radios and televisions per year will be
a. 300 televisions and 100 radios in radioland and 300 radios and 100 televisions in teeveeland.
b. 300 televisions and 100 radios in teeveeland and 300 radios and 100 televisions in radioland.
c. 100 televisions and 200 radios in radioland and 100 radios and 200 televisions in teeveeland.
d. 400 televisions and 100 radios in teeveeland and 400 radios and 100 televisions in radioland.

Answers: 2

Show answers

Another question on Business

Business, 21.06.2019 19:30

The revenues of a company increased by 39% in year one and decreased 22% in year two. what is the overall change over the two-year period?

Answers: 1

Answer

Business, 22.06.2019 16:00

Winners of the georgia lotto drawing are given the choice of receiving the winning amount divided equally over 2121 years or as a lump-sum cash option amount. the cash option amount is determined by discounting the annual winning payment at 88% over 2121 years. this week the lottery is worth $1616 million to a single winner. what would the cash option payout be?

Answers: 3

Answer

Business, 22.06.2019 17:30

One of your new suppliers, kim, has been hearing rumors about your firm’s lack of capability to deliver high quality products and writes an email asking you to address the claims being made. in replying to her, you want to be sure that you are very clear and leave no room for misinterpretation. which of the following aspects of effective communication should you give the most attention? (a) making sure you understand kim’s areas of expertise. (b) supporting your reply with relevant data and facts. (c) establishing your credibility as an expert. (d) paying attention to implied communications.

Answers: 2

Answer

Business, 22.06.2019 20:50

Which of the following is an example of a monetary policy? a. the government requires credit card companies to protect customers' privacy. b. the government restricts the amount of money that banks can lend. c. the government lowers taxes and increases spending. d. the government pays for repairing damage from a natural disaster.

Answers: 1

Answer

You know the right answer?

Suppose that a worker in radioland can produce either 4 radios or 1 television per year, and a worke...

Questions