Who should specialize in gathering nuts

Assignment Help Business Economics
Reference no: EM13147615

Suppose that in an hour Chip can gather 8 pounds of fruit or 4 pounds of nuts. In an hour, Monk can gather 9 pounds of fruit or 3 pounds of nuts.Who should specialize in gathering nuts? Monk or Chip? both? or neither?

Reference no: EM13147615

Questions Cloud

What do you understand by causation : What do you understand by causation? What are the conditions necessary before you conclude that one variable causes the other? What criterion measures would you utilize to assess or evaluate a scientific theory?
How many millimeters of 5m naoh are needed : how many millimeters of 5M NaOH are needed to neutralize 40mL of 2M H2SO4
Likelihood of selected flights arrived within fifteen minute : We select four flights from yesterday for study. What is the likelihood all four of the selected flights arrived within 15 minutes of the scheduled time?
Explain networks of tetrahedral with sio single bonds : Given that B(SiO) 640 kJ/mol, show that bond enthalpy considerations predict that silicon-oxygen compounds are likely to contain networks of tetrahedral with SiO single bonds
Who should specialize in gathering nuts : Suppose that in an hour Chip can gather 8 pounds of fruit or 4 pounds of nuts. In an hour, Monk can gather 9 pounds of fruit or 3 pounds of nuts. Who should specialize in gathering nuts? Monk or Chip? both? or neither?
How many grams of bromine are required : how many grams of bromine are required to react with 37.4 grams of aluminum chloride?
Transactions related to long-term bonds : Prepare journal entries to record the following transactions related to long-term bonds of Quirk Co. On July 1, 2011 Quirk retired $150,000 of the bonds at 102 plus accrued interest. Quirk uses straight-line amortization.
Push and pull factors that cause people to come to the u.s. : What does globilization mean to you?how are u affected by it?discuss the connection between spatial interaction and innovation.how is innovation advanced by spatial interaction?what is spatial diffusion?
How many moles of gas were added to the container : A gas sample containing 1.47 mol at 25°C exerts a pressure of 401 torr. Some gas is added to the same container, and the temperature is increased to 50.°C. If the pressure increases to 800. torr,

Reviews

Write a Review

Business Economics Questions & Answers

  Elucidate what happens to consumer surplus in the market

Suppose there is an early freeze in California that reduces the size of the lemon crop. Elucidate what happens to consumer surplus in the market for lemons.

  Annual net cash flows will be negative

In national income accounting, an investment is regarded as. Conclude the probability that the annual net cash flows will be negative.

  Evaluating a proposal to clean up

Assume you are part of a research team evaluating a proposal to clean up a dangerous squander site.

  Perfectly competitive industry is initially in a short-run

A perfectly competitive industry is initially in a short-run equilibrium in which all firms are earning zero economic profits

  Illustrate what would happens to the equilibrium price

Illustrate what would happens to the equilibrium price and quantity. The widget firm in Springfield is competitive,with numerous buyers and sellers.

  Concepts of cross elasticity and income elasticity

Using specific examples, relate the concepts of Cross Elasticity and Income Elasticity to this product.

  Nine slugs per hour

The law in Ruba says no worker shall be paid less than nine slugs per hour.

  How might you construct a measure of the change

How might you construct a measure of the change in the price level. Illustrate what additional information might you need to construct your measure.

  Elucidate what would you recommend as a course of action

Elucidate what would you recommend as a course of action, if any. For the industry you have chosen, discuss how price moves from today to the future.

  Typographical errors occur andomly

If typographical errors occur andomly, about how many pagesin book have three typographical errors. What is the median number of typographical errors per page.

  He explains that the firm that has come up

He explains that the firm that has come up with the idea decided to start the coffee push cart in either Cleveland, Ohio, or Houston.

  Could firms bargain to attain efficient outcomes

In case of conflicting IP rights, could firms bargain to attain efficient outcomes. Is re room for entry if consumer welfare is not being served.

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