This table shows the number of employees needed to fill lunch orders at several food trucks. food truck number of lunch orders number of employees frank's falafels 20 per hour 2 kimchi kim's 25 per hour 3 deli delight 30 per hour 3 lunch on the go 25 per hour 2 which food truck has the absolute advantage?

In three to four sentences, explain the effect of a price ceiling on the quantity of a good and who this intervention intends to assist

Suppose that a firm is considering moving from a batch process to an assembly-line process to better meet evolving market needs. what concerns might the following functions have about this proposed process change: marketing, finance, human resources, accounting, and information systems?

Trade will take place: a. if the maximum that a consumer is willing and able to pay is less than the minimum price the producer is willing and able to accept for a good. b. if the maximum that a consumer is willing and able to pay is greater than the minimum price the producer is willing and able to accept for a good. c. only if the maximum that a consumer is willing and able to pay is equal to the minimum price the producer is willing and able to accept for a good. d. none of the above.