Absolute advantage making pizzas

Assignment Help Business Economics
Reference no: EM131910611

If Frank can produce either 20 pizzas or 40 cheesecakes per day, the opportunity cost per pizza is equal to how many cheesecakes?

If Fran can produce either 15 pizzas or 50 cheesecakes per day, which person (Frank or Fran) has an absolute advantage making pizzas? What about cheesecakes?

Reference no: EM131910611

Questions Cloud

What is the competitive pooling interest rate : The bank cannot observe type, but knows that fraction 0.65 of borrowers are type A and the rest are type B. What is the competitive pooling interest rate?
Should pepsi have been required to provide the promise prize : How should a court resolve a matter like this, what should Pepsi's obligations be, and what if anything should John Leonard have received for his trouble?
How advancement in engine technology would change : Explain using graphs and words, how advancement in engine technology would change an airline's TC, VC, FC, ATC, AVC, AFC and MC?
Real estate development : Land acquisition and development loans are usually disbursed. Real estate development.
Absolute advantage making pizzas : If Fran can produce either 15 pizzas or 50 cheesecakes per day, which person (Frank or Fran) has an absolute advantage making pizzas?
Development project can include commitments from lenders : The financing plan for a development project can include commitments from lenders for. Construction projects.
Insurance affects the length of time arthur : Explain how having health insurance affects the length of time Arthur chooses to stay in hospital.
Write research paper for electro-magnetics : EEL 3472C - EE Science Report and Presentation Assignment - The assignment is a research paper for Electro-magnetics
Research assistant for one of professors : Grant has been invited by his friends to go skiing for the day. The cost of entry into the ski hill is $20 and Grant's contribution to travel costs is another

Reviews

Write a Review

Business Economics Questions & Answers

  Calculate the reduction in the consumers surplus

Using the diagram, suppose that producers need to have licenses to sell apples, and that only 90 units of apples are licensed (i.e. Q is limited to 90). Calculate: the reduction in the consumers’ surplus. the reduction in the producers’ surplus

  Different about the pathos and purpose of the thoreau

What is the different about the pathos and purpose of the Thoreau and King readings from the pathos and purpose of the Kennedy, Jefferson, and Lincoln readings?

  Explain briefly the ethicl situation

Explain briefly the ethical situation. What are the all the different actions you could have taken. What are the consequences of each of these actions.

  Use the text and at least one additional scholarly source

Imagine you are consulting with a manager of a business that sells cleaning supplies to nursing homes. Your client wants to develop a marketing plan but has a small budget for marketing his business. How would you show your client the benefits of a m..

  What happens to the LM curve during liquidity trap

What happens to the LM curve during a liquidity trap, where interest rates are sufficiently negative to the point that they surpass the cost of holding cash. Am i correct in assuming that it would cease to continue horizontally as it is imposibble to..

  Explain a company which recently spent software package.

a company that recently spent $10,000 to develop a statistical software package.

  How would a recession affect your firm

Recessions seem to show up every so often and create economic hardship. One might think that macroeconomic policymakers could tame the business cycle and implement policies that would end recessions.

  Trade with other countries destroys domestic jobs

Opponents of free trade often argue that trade with other countries destroys domestic jobs; it threatens industries that are vital to national security; it inhibits the chances of a new domestic industry from surviving; and that it is only desirable ..

  Identify the contract doctrine

If you recommend the latter, identify the contract doctrine that would excuse promise breaking. Use the front and back of this sheet.

  Qin economic history there have been many great economists

q.in economic history there have been many great economists who have developed theories concepts and ideas which have

  Where will the equilibrium be on the lras now

Will it shift to the right or left? Where will the equilibrium be on the LRAS now? What is the correct answer here and why?

  Benefited the most from international trade

Identify which countries have benefited the most from international trade over the last few decades. What policies do these countries have in common? Do their experiences lend support to the infant industry argument or argue against it? To support yo..

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd