History, 17.04.2020 21:18 avenhollander
Penni and Jessica each own clothing factories. Jessica's factory can produce 10 dresses an hour or 30 shirts an hour. Penni's factory, which has superior technology, can produce either 40 dresses an hour or 40 shirts an hour.
Which statement is true?
A. Penni has both an absolute advantage and a comparative advantage in producing both dresses and shirts.
B. Penni has an absolute advantage in both products, but Jessica has a comparative advantage in both products.
C. Penni has an absolute advantage in producing both dresses and shirts, but Jessica has a comparative advantage in producing shirts.
D. Penni has an absolute advantage in producing both dresses and shirts, but Jessica has a comparative advantage in producing dresses.
Answers: 2
History, 22.06.2019 11:30
Why is the treaty of paris (1763) important to the age of discovery/exploration?
Answers: 2
History, 22.06.2019 14:00
What area of north america dis giovanni da verrazzano explore?
Answers: 2
History, 22.06.2019 16:00
Which northern renaissance author challenged the church with in praise of folly
Answers: 1
Penni and Jessica each own clothing factories. Jessica's factory can produce 10 dresses an hour or 3...
Mathematics, 25.11.2021 05:50
Chemistry, 25.11.2021 05:50
Business, 25.11.2021 05:50
Social Studies, 25.11.2021 05:50
Biology, 25.11.2021 05:50
Social Studies, 25.11.2021 05:50
Mathematics, 25.11.2021 05:50
Mathematics, 25.11.2021 05:50