Business, 19.09.2021 03:30 camiloriveraveoxbgd6

Suppose that France and Germany both produce wine and cheese. The table below shows combinations of the goods that each country can produce in a day. Who has the comparative advantage in producing wine and who has the comparative advantage in producing cheese?
A.
France has a comparative advantage producing wine and Germany has a comparative advantage producing cheese.
B.
Germany has a comparative advantage producing wine and cheese.
C.
Neither has a comparative advantage producing wine or cheese.
D.
France has a comparative advantage producing cheese and Germany has a comparative advantage producing wine.
E.
France has a comparative advantage producing wine and cheese.

Suppose that France and Germany both produce wine and cheese. The table below shows combinations of

Answers: 1

Show answers

Another question on Business

Business, 21.06.2019 19:40

Which of the following is false regarding the links between jit and quality? a. jit increases the cost of obtaining good quality. b. as quality improves, fewer inventory buffers are needed; in turn, jit performs better. c. jit reduces the number of potential sources of error by shrinking queues and lead times. d. inventory hides bad quality; jit immediately exposes it. e. if consistent quality exists, jit allows firms to reduce all costs associated with inventory.

Answers: 3

Answer

Business, 21.06.2019 23:30

Renaldo scanlon is a financial consultant. he earns $30 per hour and works 32.5 hours a week. what is his straight-time pay?

Answers: 1

Answer

Business, 22.06.2019 03:00

How does having a flexible mind you become a better employee? a. it you become more honest toward work. b. it you become a team player. c. it you learn new things that will better your performance. d. it you to finish your work on time. e. it you reach work on time

Answers: 1

Answer

Business, 22.06.2019 11:10

Use the information below to answer the following question. the boxwood company sells blankets for $60 each. the following was taken from the inventory records during may. the company had no beginning inventory on may 1. date blankets units cost may 3 purchase 5 $20 10 sale 3 17 purchase 10 $24 20 sale 6 23 sale 3 30 purchase 10 $30 assuming that the company uses the perpetual inventory system, determine the gross profit for the month of may using the lifo cost method.

Answers: 1

Answer

You know the right answer?

Suppose that France and Germany both produce wine and cheese. The table below shows combinations of...

Questions