William gregg owned a mill in south carolina. in december 1862, he placed a notice in the edgehill advertiser announcing his willingness to exchange cloth for food and other items. here is an extract: 1 yard of cloth for 1 pound of bacon 2 yards of cloth for 1 pound of butter 4 yards of cloth for 1 pound of wool 8 yards of cloth for 1 bushel of salt calculate the relative price of 1 pound of butter in terms of pounds of wool. if the price of bacon is $0.20 a pound, what do you predict is the money price of a pound of wool? > > > answer to 2 decimal places. the relative price of 1 pound of butter is 2 pounds of wool. if the price of bacon is $0.20 a pound, you would predict that the price of a pound of wool

What would happen to the equilibrium price and quantity of lattés if the cost to produce steamed milk

Simon, aged 10, is invited to a classmate's birthday party at an exclusive ski resort on march 15th. the day will include 4 hours of snowboarding, lunch and birthday cake. simon's mother checks a box on the invitation that says "yes, we will attend" and returns it to the classmate's address. unfortunately, they later don't attend the party when simon comes down with the flu. on march 17th, simon's mother receives an invoice in the mail from simon's classmate for $35 that says, "party no-show fee." can simon's classmate collect the fee?

Tl & co. is following a related-linked diversification strategy, and soar inc. is following a related-constrained diversification strategy. how do the two firms differ from each other? a. soar inc. generates 70 percent of its revenues from its primary business, while tl & co. generates only 10 percent of its revenues from its primary business. b. soar inc. pursues a backward diversification strategy, while tl & co. pursues a forward diversification strategy. c. tl & co. will share fewer common competencies and resources between its various businesses when compared to soar inc. d. tl & co. pursues a differentiation strategy, and soar inc. pursues a cost-leadership strategy, to gain a competitive advantage.