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kicyunya [14]
2 years ago
4

Jane and Brad both produce nuts and coffee. They each prefer to consume a diet that is half nuts and half coffee. Both have acce

ss to the same resources. If Jane focuses on producing only coffee, she can produce 20 pounds of coffee in a week. If she only produces nuts, she can produce 40 pounds of nuts in a week. Brad can produce a maximum of 15 pounds of coffee in a week. He could also choose to produce only nuts, in which case he can produce 20 pounds of nuts a week. 1st attempt Part 1 (1 point) See Hint Who has an absolute advantage in coffee production? Who has an absolute advantage in nut production? Choose one: A. Jane has an absolute advantage in coffee, and Brad has an absolute advantage in nuts. B. Jane has an absolute advantage in both coffee and nuts. C. Brad has an absolute advantage in both coffee and nuts. D. Brad has an absolute advantage in coffee, and Jane has an absolute advantage in nuts. Part 2 (4 points) See Hint a. What is the opportunity cost for Jane to produce one more pound of nuts? pounds of coffee b. What is the opportunity cost for Jane to produce one more pound of coffee? pounds of nuts c. What is the opportunity cost for Brad to produce one more pound of nuts? pounds of coffee d. What is the opportunity cost for Brad to produce one more pound of coffee? pounds of nuts Part 3 (1 point) See Hint Who has a comparative advantage in nut production? Who has a comparative advantage in coffee production? Choose one: A. Brad has a comparative advantage in both coffee and nut production. B. Jane has a comparative advantage in both coffee and nut production. C. Brad has a comparative advantage in nut production, and Jane has a comparative advantange in coffee production. D. Jane has a comparative advantage in nut production, and Brad has a comparative advantange in coffee production.
Business
1 answer:
sdas [7]2 years ago
5 0

Answer:

the more jane

Explanation:

jane is more of the ratio of the dof

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3 0
2 years ago
Tim spends his income on donuts (D) and coffee (C). Coffee is $2 per cup and donuts are $1 each. Assume that Tim has $10 to spen
stealth61 [152]

Answer:

Optimal number of donuts = 5 Donuts

Optimal cups of coffee = 2.5 cups.

Explanation:

Optimal numbers of donuts and coffee can be calculated as follow

First, we need to determine the budget constraint as below

M = ( P(D) x D ) + ( P(C) x C )

Placig values in the formula

10 = D + 2C

Now make utility function as:

U(D,C) = D0.5 C0.5

Marginal Utility donuts

MU(D) = 0.5D-0.5C0.5

Marginal Utility Coffee

MU(C) = 0.5D0.5C-0.5

The formula for marginal rate of substitution

(MRSD,C)= MU(D) / MU(C)  = 0.5D - 0.5C0.5 / 0.5D0.5C - 0.5  = C/D

Now calculate the optimal consumption level  

MRSD,C = P(D) / P(C)

C/D = 1/2

D = 2C (Equation 1 )

Placing the value of D resulted from equation 1, in the budget constraint we as below

10 = D + 2C

10 = 2C + 2C

10 = 4C

C = 10/4 = 2.5

NOw place the value of C in equation 1

D = 2C = 2(2.5) = 5

Optimal number of donuts = 5 Donuts

Optimal cups of coffee = 2.5 cups.

7 0
2 years ago
An ad for Maybelline age-minimizing makeup in Ladies' Home Journal magazine featured actress Gigi Hadid and offered readers a $2
marysya [2.9K]

Answer:

Home Journal magazine

Explanation:

In communication, medium is what the message is conveyed on. It is the system or channel through which a message is transmitted from the sender to the recipient. The modern medium used in advertising is in the electronic format and includes the internet, telephone, and other electronic devices.

Tradition medium channels are television, radio, and print media such as newspapers and magazines.  The ad for Maybelline age-minimizing appears in a magazine. The  Ladies' Home Journal magazine is the medium for the ad.

6 0
3 years ago
Read 2 more answers
Benton Lamps applies overhead using direct labor hours. Budgeted total overhead cost was $472,000 and estimated direct labor hou
GREYUIT [131]

Answer:

Allocated MOH= $158,000

Explanation:

Giving the following information:

The standard direct labor quantity is 4 hours per lamp, and the company produced 9,800 lamps in January. This required 39,500 direct labor hours.

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base

Allocated MOH= 4*39,500= $158,000

4 0
2 years ago
Which one of the following is a way to improve the S/Q rating of branded pairs produced at a particular production facility? Avo
Tomtit [17]

Answer: Avoiding use of green/environmentally-friendly materials (which are of lower quality than superior materials)

Explanation:

The International Footwear Federation is a consumer group that issues s/q ratings for footware makers around the world.

The S/Q ratings range from 0 - 10 stars and measure everything between the quality and appearance of the footware apparel.

Footware with high quality materials that are durable rank high in the S/Q matrix and as such it is imperative that companies aiming to move higher up the S/Q scale, use high quality materials.

Avoiding the use of green/environmentally-friendly materials (which are of lower quality than superior materials) and instead using Superior materials, whilst not entirely good for the Environment, will make a shoe stronger which would increase the S/Q rating.

7 0
2 years ago
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