Has an absolute advantage in the production of alfalfa, and has an absolute advantage in the production of barley. rajiv's opportunity cost of producing 1 bushel of barley is bushels of alfalfa, whereas simone's opportunity cost of producing 1 bushel of barley is bushels of alfalfa. because rajiv has a opportunity cost of producing barley than simone, has a comparative advantage in the production of barley, and has a comparative advantage in the production of alfalfa.

Gulliver travel agencies thinks interest rates in europe are low. the firm borrows euros at 5 percent for one year. during this time period the dollar falls 11 percent against the euro. what is the effective interest rate on the loan for one year? (consider the 11 percent fall in the value of the dollar as well as the interest payment.)

What legislation increased the ability for federal authorities to tap telephones and wireless devices, tightened the enforcement of money laundering activities, as well as broadened powers toward acts of terrorism and acts such as drug trafficking?

Draw a flowchart for a process of interest to you, such as a quick oil-change service, a factory process you might have worked in, ordering a pizza, renting a car or truck, buying products on the internet, or applying for an automobile loan. identify the points where something (people, information) waits for service or is held in work-in-process inventory, the estimated time to accomplish each activity in the process, and the total flow time. evaluate how well the process worked and what might be done to improve it.