answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Mice21 [21]
2 years ago
12

Juan and Wanda both make pancakes and bacon. If we compare the opportunity costs and possible gains from trade for Juan and Wand

a, we can determine the exact exchange ratio at which the parties will agree to trade?
Advanced Placement (AP)
1 answer:
Rudik [331]2 years ago
5 0

Answer:

Comparing the opportunity cost and possible gains for both Juan and Wanda helps to determine which party should produce Pancakes and who should produce Bacon.

In other words, it reveals where their comparative advantages lie.

The party with the lowest opportunity cost in a particular product has the highest Comparative Advantage.

Explanation:

If for instance, the ratios give off Juan as having the highest opportunity cost in the production of Pancakes, when compared with Bacon and Wanda has the highest opportunity cost in the production of Bacon when compared to pancakes then Juan should focus on producing Bacon and Wanda Pancakes whilst they trade with each other for the other product where their comparative advantage is lowest.

Cheers!

You might be interested in
Maddie's nominal income was $33,000 in 2012. In 2013, because of her excellent work ethic, she received a raise that increased h
Trava [24]

Answer:

-6.7 %; Hurt  

Explanation:

1. Calculate Maddie's inflation adjusted income

\text{Inflation adjusted income} = \text{2012 income} \times \dfrac{\text{2013 CPI}}{\text{2012 CPI}}\\\\= 33 000 \times \dfrac{125}{110} = \$37 500

Maddie should be earning $37 500 in 2013 just to keep up with inflation.

2. Calculate the percent change in Maddie's real income.

Maddie is "real" salary is only $35 000.

\text{\% Change} = \dfrac{\text{real - expected}}{\text{expected}} \times 100 \, \%\\\\= \dfrac{35 000 - 37 500 }{37 500} \times \, 100 \% = \dfrac{-2500}{37 500} \times 100 \, \% = \mathbf{-6.7 \, \%}

The percent change in Maddie's real income is -6.7 %.

Maddie was certainly hurt by this inflation.

5 0
2 years ago
Which is the primary factor taken into consideration during distribution of grants and loans among eligible students?
balu736 [363]

Answer: the primary factor taken into consideration during distribution of grants and loans among eligible students is financial needs

Explanation: It is the need-based aid. When the panel is considering to approve the loan, they calculate the student’s need by subtracting their expected family contribution from the cost of education from the budget assigned. A student should have an adequate amount of need in order to accommodate the aid, and for this, they take into account the students financial needs



7 0
2 years ago
Read 2 more answers
Erin and Mel are having marital problems. Which of the following would help their relationship? a. “It’s all your fault.” b. “Ho
AnnyKZ [126]
Hello,


Your answer would be:

d. “Can we talk about this?”

Plz mark me brainliest
5 0
2 years ago
Read 2 more answers
A student models convection currents in a laboratory activity. How are the convection currents in the student’s model different
Ganezh [65]

Answer: The heat source for Earth’s atmosphere and oceans is the sun, which heats from above instead of below.

Explanation:

In the experiment, the source of heat is the burner below the pot. On Earth this is completely different as the source of the heat on Earth is the Sun which heats us from above instead of below.

The Convection currents still flow in the same direction however because as the sun heats air particles on Earth's surface, they rise but then cool as they keep going up. This makes them go back down where they are then heated up again.

7 0
2 years ago
Read 2 more answers
Which of the following cannot be performed from the windows task manager?
Anastasy [175]
B. you have to go into control panel to uninstall an application properly and task manager cannot delete files from your hard drive
6 0
2 years ago
Read 2 more answers
Other questions:
  • Coach Taylor is trying to explain the negative side effects smoking has to athletic performance. Which of these options include
    9·2 answers
  • When you appreciate the opinions of other team members, you show: A.good listening skills. B.respect. C.persuasion. D.an ability
    10·2 answers
  • Agricultural density of china
    14·1 answer
  • A student should speak to his or her ______ about which scholarship websites can be trusted.
    14·2 answers
  • The availability of printed material during the Song Dynasty most likely resulted in which of the following?
    7·1 answer
  • Your ability to invest depends on your _____ financial strength. Group of answer choices existing past expected future
    14·1 answer
  • 1. What are the first tasks the Team Leader (TL) must perform after arriving at the staging area?
    9·1 answer
  • Weakening a response by imposing unpleasant consequences is called
    14·2 answers
  • As you and your mom are thinking about checking out a new release at the theater, she asks, "Out of curiosity, how many times ha
    7·1 answer
  • All of the following except ____________ are possible side effects of stigmas associated with mental disorders.
    15·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!