Based on the information given the correct option is option E.) Michael has an absolute and comparative advantage in changing the oil.
Absolute advantage refers to the ability of a country or firm to produce a good or service at a lower cost than another country or firm. It is a concept in international trade and economic theory.
A country or firm has an absolute advantage in a good or service if it can produce that good or service more efficiently than another country or firm.
An individual has a comparative advantage in production if it produces at a lower opportunity cost when compared with other individuals.
The opportunity cost of Michael in the changing of oil = 10/ 8 = 1.25
Opportunity cost of Michael in changing tyres = 8 / 10 = 0.8
The opportunity cost of Martha in the changing of oil = 14 / 7 = 2
The opportunity cost of Martha in the changing of tyres = 7 / 14 = 0.5
Michael has an opportunity cost in changing of oil and Martha has an opportunity cost in changing of tyres.
Absolute advantage is when an individual produces more quantity of a good or service when compared to others.
So, Michael changes more oil (8) than Martha (7). Martha changes more tyres (14) than Michael (7)
Therefore, Based on the information given the correct option is option E.) Michael has an absolute and comparative advantage in changing the oil.
The complete question is:
Michael and Martha run a mechanic shop. In one hour Michael can perform eight oil changes or change ten tires. In one hour Martha can perform seven oil changes or change fourteen tires. Given this information which of the following is true?
A) Martha has a comparative advantage in changing oil.
B) Martha has an absolute advantage in changing oil.
C) Michael has a comparative advantage in changing tires.
D)Michael has an absolute advantage in changing tires.
E.) Michael has an absolute and a comparative advantage in changing oil
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GUYS I WILL GIVE BRAINLIEST IF U HELP ME PLS
What is the value of |26| - |-4| ?
Answer:
22
Step-by-step explanation:
26=26
-4=4
26-4=22
The coordinates of the vertices of triangles OPQ are O(0,0) P(4,0) and Q(2,-4). Triangles OPQ is dilated with center O and scale factor 3/2. Sketch the dilation. What quadrants contain the image of triangle OPQ? PLEASE HELP ME
Answer:
you have to do the directions they gave you, draw the coordinates
Step-by-step explanation:
PLEASE ANSWER FAST!!
Simplify: 12.9 - 2.8 - 7.2 + 9.1
17.6
-6.2
26.4
12
Answer:
12
Step-by-step explanation:
por cada persona que tiene gripe,hay 6 personas que solamente tienen sintomas de gripe. si un medico ve a 40 pacientes, calcula aproximadamente cuántos pacientes esperas que tengan solamente sintomas de gripe.
x less than two time x.
Answer:
x < 2x
Step-by-step explanation:
What is the y intercept for y=6x+7/2
What is 5/6 plus 7/8?
Answer:
1 17/24
Step-by-step explanation:
Answer:
41/24 or 1 17/24
Step-by-step explanation:
Its mix and match for intergers
Answer:
let me help you,first let do the red one:
-9(2)=-18
2-9=-7
-5+12=7
-2(-8)=16
-36÷12=-3
32÷(-2)=-16
-9-(-4)=-5
-7+(-3)=-10
9+(-6)=3
-3(5)=-15
now the green one:
-8-10=-18
19+(-3)=16
-12÷(-4)=3
5(-1)=-5
-8+5=-3
-22+7=-15
-17+10=-7
-8(2)=-16
-8-2=-10
-35÷(-5)=7
Step-by-step explanation:
For these expression you will be able to find the same number.
Subtract the expressions.
(5j-2q+2/5) - (4-3j-1/2q)
The answer is,
[tex]8j - \frac{3q}{2} - \frac{18}{5} [/tex]
Question 3 (2 points) (06.01) What is the value of the expression 24 + 32? (2 points) Blank 1:
The answer is 56....
hope it helps.
25 would be the answer. Here's what you need to do!! :)
-
-
-
Explanation:
I think you meant [tex]2^{4}[/tex] and [tex]3^{2}[/tex]. With exponents, you don't add the number and the exponent. What you have to do is the first number times itself, and let's use number one as an example. So, since it's four you have to do this.
-
-
[tex]2^4[/tex]= 2 x 2 x 2 x 2= 16
and for problem number two, it's the same thing but different numbers.
[tex]3^{2}[/tex]= 3 x 3 x 3= 9
-
-
now, all you have to do is add [tex]16+9= 25[/tex]
Again, the answer is 25. Hope this helps anybody who's currently working on this!! <3
FIND THE EQUATION OF THE LINE FROM THE FOLLOWING GRAPH. please give steps
Answer:
I can't tell
Step-by-step explanation:
I'm on an ocps school laptop and i can't see the image
Answer:
D. x+2y=12
Step-by-step explanation:
From the graph we know that the y-intercept is 6. (0,6) and the x-intercept is 12. (12,0)
The graph is going down so the slope is negative, from (0,6) count down to (0,0) and count right 12 unit to reach the x-intercept(12,0) the slope is -6/12 or -1/2.
the equation of the line is y=-1/2+6 or x+2y=12
x+2y=12
2y=-x+12
y=-1/2x+6
An experimental psychologist plans a study in which a crucial step is offering participants a food reward. It is important that the three food rewards be equal in appeal. Thus, a prestudy was designed in which participants were asked which of the rewards they preferred. Of the 60 participants, 16 preferred cupcakes, 26 preferred candy bars, and 18 favored dried apricots. Do these scores suggest that the different foods are differentially preferred by people in general? (Use the .05 significance level.)
You must use all five steps in hypothesis testing:
Restate the question as a research hypothesis and a null hypothesis about the populations.
Determine the characteristics of the comparison distribution.
Determine the cutoff sample score on the comparison distribution at which the null hypothesis should be rejected.
Determine your sample’s score on the comparison distribution.
Decide whether to reject the null hypothesis.
Answer:
Step-by-step explanation:
From the information given:
[tex]\mathbf{H_o: there \ is \ no \ significanr \ difference \ between \ observed \ and \ expected \ value }[/tex]
[tex]\mathbf{H_a: there \ is \ significanr \ difference \ between \ observed \ and \ expected \ value }[/tex]
The characteristic of the comparison is a uniform distribution.
Since there are three categories from the data, then: the data obeys a U(0,3) distribution. However, supposed it happened that different food had the same appeal, thus, there will be uniform distribution in the preference score.
[tex]Degree \ of \ freedom \ df = n - 1 \\ \\ df = 3 - 1 = 2[/tex]
At 0.05;
Thus, at 0.05 and df of 2, the cutoff sample score at which [tex]H_o[/tex] will be reject is the critical value [tex]\mathbf{X_{0.05,2}^2 \ which \ is \ = 5.991}[/tex]
Prefered Observed Expected Expected (O - E) (O - E)²/ E
frequency frequency proportions
Cup cakes 16 20 0.333 -4.00 0.800
Candy bars 26 20 0.333 6.00 1.800
Dried apricots 18 20 0.333 -2.00 0.200
Total 60 20 1 -2.00 2.800
Thus the sample score is [tex]\mathbf{X^2_{observed} = 2.800}[/tex]
Decision rule: To reject the null hypothesis if the observed test statistic is higher than the critical value.
Conclusion: We fail to reject the null hypothesis and conclude that different foods have the same appeal to different people.
Carol bought bananas for $0.50 per pound and 1 pint of strawberries for $2.25. If Carol paid $4.10, how many pounds, p , of bananas did she buy?
Which equation can be used to find p ?
A. .50p+2=4.10
B. .50p+2.25=4.10
C .50+2.25p=3.85
D. 2.75+.25p=4.10
Answer:
B. .50p+2.25=4.10
Step-by-step explanation:
The equation that need to determine the p is shown below:
Given that the bananas would be bought for $0.50 per pound and 1 pint of strawberries for $2.25
Now the total amount paid by Carol is $4.10
So, the equations would be
0.50p + 2.25 = 4.10
Therefore the option b is correct
A positive - negative = what?
A positive - negative = either negative or positive
Step-by-step explanation:
HOPE IT HELPS YOU
Answer:
0
Step-by-step explanation:
+1-1=0 is that the theme of qustion .
PLEASEEEE HURRYYY
!!!!!!
Michael has a total of 100 problems he needs to solve. After
working from 3:00 PM to 5:00 PM, he only had 40 problems
left to solve.
What was Michael's average rate of solving problems between
3:00 PM to 5:00 PM?
problems/hour
Enter the answer
Answer:
60 more problems left
Step-by-step explanation:
100-40=60
calculate the area of a circle with a diameter of 3m?
with Solution =
Answer:
Area of circle = pie r²
= 3.14 × 2.25
=7.065
Answer: 7.07cm²
Step-by-step explanation: diameter=3
radius=d/2
=3/2
=1.5cm
area=πr²
=22/7 x 1.5 x 1.5
=22/7 x 2.25
=99/2 ÷ 7
=99/2 x 1/7
=99/14
En un paralelogramo de tiene ?
Answer:
Elementos y propiedades del paralelogramo
Lados: el paralelogramo tiene cuatro lados, siendo iguales y paralelos dos a dos (a y b). Ángulos: los ángulos interiores son iguales dos a dos, siendo iguales los ángulos no consecutivos (α y β). Como en todo cuadrilátero, sus ángulos interiores suman 360° (2α + 2β = 360°)
Step-by-step explanation:
Elements and properties of the parallelogram
Sides: the parallelogram has four sides, two by two (a and b) being equal and parallel. Angles: the interior angles are equal two by two, the non-consecutive angles (α and β) being equal. As in any quadrilateral, its interior angles add up to 360 ° (2α + 2β = 360 °) (English version lol)
PLEASE DO THIS AND SHOW WORK (USE INVERSE OPERATION)
Answer:
No bond, I was on the run, bet you can't relate
Totin' guns, shootin' sh,it for fun, bet you can't relate
Locked up, couldn't see my son, I bet you can't relate
Jumped the opps, ain't no one on ones, I bet you can't relate r.i.p my ni.gga von
Step-by-step explanation:
What is the slope of a line that passes through the points (-3, 2) and (-6, 5)
Answer:
3/2
Step-by-step explanation:
Y2-Y1
_____
X2-X1
= 5-2
____
-6-(-3)
=3/2
How many planes appear in this figure?
Answer:
5
if the rectangle isn't connected and you count the bottom face, 6
brainliest plz
Answer:
9 figures
Step-by-step explanation:
Brainly please
brain size for football players
3, 4, or 5, I think, but I'm not sure.
a salesperson earns a commission of $476 for selling $3400 in merchandise. what is the commission rate?
Answer:
Step-by-step explanation:
$476/($3400) = 0.14 = 14%
PLEASE HELP !! ILL GIVE BRAINLIEST *EXTRA POINTS*..
IM GIVING 40 POINTS !! DONT SKIP :((.
Answer:
y = x + 12
Step-by-step explanation:
y -16 = 1(x-4)
y -16 = x -4
y =x +12
Answer:
its y = x + 12 I think I hope it helps
Step-by-step explanation:
because
4 + 12= 16
5 + 12 = 17
6 + 12 = 18
7 + 12 = 19
Can someone help me and please explain how you got the answer so I can learn?
Answer:
70
Step-by-step explanation:
C) Graph the equation x = 2.
Step-by-step explanation:
debes de checar dónde está la x ya la viste okey ve a donde dice -2 y pon un punto
The data set shows the lengths, in minutes, of different musical performances.
36, 15, 9, 22, 36, 14, 42, 45, 51, 29, 18, 20
What is the interquartile range (IQR) of the data set?
Answer: It has to be 22.5
Step-by-step explanation: Since this is a quiz, I won't tell you how to solve it, i'll give you some clues. But with what I know is; you have to find the (Q1) and (Q3) Then see what the difference is between the quartiles, and that should be your answer.
The interquartile range (IQR) of the data set is 19.
It is required to find the interquartile range (IQR) of the data set.
What is statistics ?Statistics are defined as numerical data, and is the field of math that deals with the collection, tabulation and interpretation of numerical data. It is the study and manipulation of data, including ways to gather, review, analyze, and draw conclusions from data.
Given:
The date are arranged from ascending order
9,14,15,18,20,22,29,36,36,42,45,51
Now you have one lower half with the numbers 9,14,15,18,20,22 and an upper half with the numbers 36,36,42,45,51.
As you can see in the figure, you have to find the median for these lower and upper halfs, so you have:
[tex]Q_{1} =16\\\\Q_{3} =35\\[/tex]
Now we can find the interquartile range that is:
[tex]IQR=Q_{3} -Q_{1}\\\\IQR=35-16\\\\IQR=19[/tex]
Therefore, the interquartile range (IQR) of the data set is 19.
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1 4
. Find the value of discriminant of the quadratic equation 5m? - m = 0
Write down the formula of median
Answer:
[tex]D = 1[/tex] --- Determinant
[tex]M = \frac{N+1}{2}th[/tex] --- Median
Step-by-step explanation:
Given
[tex]5m^2 - m = 0[/tex]
Required
Calculate the determinant (D)
This is calculated using
[tex]D = b^2 - 4ac[/tex]
In [tex]5m^2 - m = 0[/tex]
[tex]a = 5[/tex], [tex]b = -1[/tex] and [tex]c = 0[/tex]
So, we have:
[tex]D = b^2 - 4ac[/tex]
[tex]D = (-1)^2 - 4 *5*0[/tex]
[tex]D = 1 - 0[/tex]
[tex]D = 1[/tex]
(b) Median Formula.
Median (M) is calculated using:
[tex]M = \frac{N+1}{2}th[/tex] item
Answer and solution plse :)
Answer:
there are 8 prime numbers.
Answer:
B) 6
answer is b (6)
7,17,37,67,97,47
If a movie theater sells 400 tickets for a total of
$6800, how much would they make if they sold 1500
tickets?
Answer:
they would make $25,500
Step-by-step explanation:
6,800/400=17
1,500*17=25,500
answer :$25,500
please answer this as soon as possible
Answer:
Realmente no sé, lo siento muchísimo :(
Estoy tan triste que no puedo ayudar: ((((
Step-by-step explanation: