Japan has the ability to produce either 10,000 televisions or 5,000 cars in a day. The United States has the ability to produce 20,000 televisions or 15,000 cars in a day. Japan has the lower opportunity cost of producing televisions, while the United States has the lower opportunity cost of producing cars. 1. The United States has the comparative advantage in: .
a.) neither cars nor televisions.
b.) televisions.
c.) cars.
d.) both cars and televisions.
2. Which of the following statements about comparative advantage is true? (please explain)
a.) A country that produces a good the fastest will always have the comparative advantage.
b.) The country with the highest opportunity cost has the comparative advantage.
c.) Comparative advantage will determine the patterns and terms of trade.
d.) Comparative advantage is only relevant to international trade, not local or national trade.

Cosmetic profits. sally is the executive vice president of big name cosmetics company. through important and material, nonpublic information, she learns that the company is soon going to purchase a smaller chain of stores. it is expected that stock in big name cosmetics will rise dramatically at that point. sally immediately buys a number of shares of her company's stock. she also tells her friend alice about the expected purchase of stores. alice wanted to purchase stock in the company but lacked the funds with which to do so. although she did not have the funds in bank a, alice decided to draw a check on bank a and deposit the check in bank b and then proceed to write a check on bank b to cover the purchase of the stock. she hoped that she would have sufficient funds to deposit before the check was presented for payment. of which of the following offenses, if any, is alice guilty of by buying stock?

Abbington company has a manufacturing facility in brooklyn that manufactures robotic equipment for the auto industry. for year 1, abbingtonabbington collected the following information from its main production line: actual quantity purchased-200 units, actual quantity used-110 units, units standard quantity-100 units, actual price paid-$8 per unit, standard price-$10 per unit. atlantic isolates price variances at the time of purchase. what is the materials price variance for year 1? 1. $400 favorable. 2. $400 unfavorable. 3. $220 favorable. 4. $220 unfavorable.

15. chef a insists that roux is the traditional thickener for bisque. chef b insists that it's rice. which chef is correct? a. neither chef is correct. b. both chefs are correct. c. chef b is correct. d. chef a is correct.