ABSOLUTE AND COMPARATIVE ADVANTAGE PRACTICE SHEET

You are given the following information about a couple and the number of times they can perform a task in a six hour period changing the oil in a car and baking a pie.

Changing Oil and Filter

Billy Bob. Mary Lou
4. 6
Baking a Pie
4. 5

1. What is Billy Bob's opportunity cost of changing the oil in terms of baking a pie?

2. What is Billy Bob's opportunity cost of baking a pie in terms of changing the oil?

Help me please!!!!!!!

Answers

Answer 1

The time to bake a pie is Billy Bob's opportunity cost of changing the oil. Meanwhile, oil change time is Billy Bob's opportunity cost when baking a pie.

We can arrive at this answer because:

Opportunity cost refers to an element that has to be abandoned so that another element can happen.This is because both elements need the same resource and it is not possible to provide this resource to both at the same time.

As we can see from the above question, the time Billy Bob takes to change the oil is roughly the same time he spends baking a pie.

In this case, when changing the oil, he has to give up baking the pie, which makes the time to bake the pie the opportunity cost.

Likewise, when baking the pie, Billy Bob spends the time of changing the oil and that is the opportunity cost.

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Related Questions

. 1 Choose the correct answer
1) Violation of what is the child labour considered ?

[A] Right to vote. [b] Right to play
[C]right to education [d] Right to speak


2) Which fuel is pollution free for the vehicles ?

[A]CNG. [b] Kerosene
(c)Diesel [d] Petrol


3) of what resources where the houses tribes made of

(A) social. (b) economic
(C) culture [d] Natural


4) Which ruler of Delhi started new postal system?

(A)Sher Shah [b] Humayun
(c) Akbar [d] Shahjahan

5) At the bank of which river was Vijaynagar established ?
(a) Hagari. [b] Tungbhadra
(C) Bhima. [d] Krishna ​

Answers

Answer:

1. C

2. A

3. D (i think)

4.

5. B

help this is urgent , im already failing this i just need the i learned part.

Answers

Answer:

The Industrial Revolution modernized the methods used to trade and sell produce. The cotton gin and other new inventions paved the way for the greatness of America. Because of creations like the railroads and the Cumberland road, western expansion began to occur. The industrial revolution, despite its many positive effects, made the lives of women, slaves, and native Americans deteriorate.

Explanation:

Hope this helps :)

What philosophical perspective does life after death, nirvana belong?

Answers

Answer:

According to Socrates,true philosophers spend their lives preparing for death and dying,so it would be uniquely odd if they were to be sad when the moment of death finally arrived. Death,Socrates explains, is the separation of the soul from the body

Explanation:

#stay safe#stay home #stay healthy

Answer: Nirvana is part of the Third Truth on "cessation of dukkha" in the Four Noble Truths doctrine of Buddhism.

Explanation: Nirvana is a place of perfect peace and happiness, like heaven. In Hinduism and Buddhism, nirvana is the highest state that someone can attain, a state of enlightenment, meaning a person's individual desires and suffering go away.

Make a acrostic poem about the hammurabi code

Answers

The Codex Hammurabi, compiled around 1780 BC, is one of the oldest codes of law found so far, and one of the best preserved examples of this type of document from ancient Mesopotamia.  

Initially it was thought that the text was a codification, similar to, for example, the Code Napoleon. Nowadays people are no longer convinced of this, partly because important matters from the society of that time are not covered. For example, livestock farming is only discussed indirectly. In addition, no reference to the codex is made in any legal text of that time.

Opinions differ as to what the text is. On the one hand it is thought to be a scientific treatise, on the other it is said to be royal propaganda with which Hammurabi established himself as king of justice who could be trusted when wronged.

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Give two examples of the kinds of factors that can help to change a country's population. Explain your answer in at least two to three sentences.

Answers

Answer: Populations can change for many reasons. One thing that can influence population is health. If people have good access or poor access to healthcare, the population might grow or shrink. Another factor is culture. Some cultures may believe it is important or traditional to have large families, and this might change their population. The last factor that can influence population is economics. If cultures have more resources like jobs or schools, this might influence the population’s ability to grow.

Explanation:

Singapore is hotter than nepal give geographical reason​

Answers

Owing to its geographical location and maritime exposure, its climate is characterized by uniform temperature and pressure, high humidity and abundant rainfall. Therefore, it is almost always warm and wet.

!!Please help!!

Your teacher wants you and
your classmates to create new class rules about talking during a lesson

Is it Direct or Representative and why?

Answers

Answer:

It's direct because everyone has a say in the making of the new rules. If there were only a few students choosing on behalf of everyone else, then that would be representative.

Explanation:

Hope this helps :)

Define the following. 1.Media perspectives. 2.Media diversity. 3.Control and ownership

Answers

Answer:

1. Media Perspectives- The art of drawing solid objects on a plane surface so as to give the same impression of relative position, size, or distance, as the actual objects do when viewed from a particular point.”

2. Media Diversity- Media diversity is the degree to which media content is heterogeneous. Assessing media diversity requires media content analysis.

3. Control and Ownership- Having simultaneous legal "title" to a resource, good, or commodity and the ability to determine how the resource, good, or commodity is used. Ownership means that having legal title. Control means having the ability to determine use.

who are called conservative people​

Answers

old fashioned people who dont change in any way

Write any 6 features of hinduism​

Answers

Explanation:

Truth is eternal. ...

Brahman is Truth and Reality. ...

The Vedas are the ultimate authority. ...

Everyone should strive to achieve dharma. ...

Individual souls are immortal. ...

The goal of the individual soul is moksha.

a belief in many gods, which are seen as manifestations of a single unity. ...

a preference for one deity while not excluding or disbelieving others.

a belief in the universal law of cause and effect (karma) and reincarnation.

What is the difference between urban and rural?

Question 3 options:

urban is highly populated; rural is sparsely populated


urban has farms; rural has big buildings


urban economically challenged; rural has plenty of resources


urban has fewer ethnic groups than rural

Answers

Answer:

gracias por los puntos iguana

what do you infer was the general stance or position for the Americans towards Native Americans immediately after independence

Answers

The general stance or position of Americans towards enslaved peoples immediately after independence was an unpleasant one.

Native Yankees, additionally legendary as First Americans, Indigenous Americans, American Indians, and other terms, are the indigenous peoples of us, including Hawaii and territories of the United States, and alternative times restricted to the mainland. There are 574 federally recognized tribes living inside the US, regarding half are associated with Indian reservations. "Native Americans" (as outlined by the United States Census) are autochthonous tribes that are originally from the contiguous United States, along with Alaska Natives.

Indigenous peoples of the United States who don't seem to be American Indian or American staten|Alaskan} include Native Hawaiians, Samoans, and Chamorros. The US Census teams these peoples as "Native Hawaiian and Other Pacific Islander".The ancestors of living Native Americans arrived in what's currently us a minimum of 15,000 years ago, presumably a lot earlier, from Asia via Beringia.

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How was the NAACP involved with political matters (give examples)?

Answers

Answer:

Explanation:

From its inception, the organization has advocated for the fair and equal treatment of African Americans. Its success in drawing alliances, both black and white, representing a wide array of social service groups, continues to serve as the bridge to vital resources needed to meet the diverse needs of African Americans.

What is the importance of taking responsibility for your actions

Answers

Answer:

One gains trust from others.

Jackie has been in a terrible mood lately, and she is looking for any way to improve it. When Jackie's friend Anthony asks if she would be willing to volunteer with him at the local food bank, she jumps at the chance, hoping it will make her feel better. This example demonstrates the a. reactance theory. b. foot-in-the-door technique. c. negative state relief hypothesis. d. door-in-the-face technique.

Answers

Jackie decision to jump at the chance demonstrates the negative state relief hypothesis.

In psychology, the negative state relief hypothesis refers to a hypothesis that helping behavior are used by people in stressful or boredom situations in order to avoid negative moods.

The hypothesis is one of the coping mechanism of negative moods.

In the question, Jackie is seen trying to jump at the chance of working at Anthony local shop.

Therefore, the Jackie decision to jump at the chance demonstrates the  negative state relief hypothesis.

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I don’t know how to explain

Answers

Answer:

Read explanation

Explanation:

Smart phones are largely sold in mass to first world countries, particullarly in the United States and in Europe. It is incredibly unlikely to see someone with the latest iphone in say, Libya. This is because First-world citizens can afford luxuries such as a smart phone

what rules are needed to be followed in a school club

Answers

Club rules are a basic set of rules for the daily running of your club or group. They detail the name, objects, methods of management and other conditions under which your club or group operates, and generally the reasons for its existence.

Hope this helps, if so, please give brainliest <3

PLEASE HELP WILL GIVE BRAINLY!!

What is the best reason for why people move? How does this move effect them culturally (daily lives, language, family) and economically (money)?

Answers

Answer:

I guess it's about instinct and the progress - to live you should move, otherwise you'll die and can't produce children

What is a characteristic of a region that sets it apart from the theme of place?

Answers

Answer:

Some regions are distinguished by physical characteristics.

Physical characteristics include land forms, climate, soil, and natural vegetation.

Some region are distinguished by human characteristics.

These may include economic, social, political, and cultural characteristics.

Explanation:

A place is space that is different from other spaces. Regions are areas defined by unifying physical and/or human characteristics.

things that contribute to procastination​

Answers

Answer:

Some of the most common reasons for what causes procrastination include:

Perfectionism.

Fear of failure.

Fear of criticism.

Avoidance.

Low self-esteem.

A tendency to self-defeat.

Depression.

Trouble focusing.

Some of the most common reasons for what causes procrastination include:

Perfectionism.

Fear of failure.

Fear of criticism.

Avoidance.

Low self-esteem.

A tendency to self-defeat.

Depression.

Trouble focusing.

I don`t know. It depend the weather.

Answers

Hmm what is that but I like rainy day :3

Please help me it’s a midterm

Answers

Answer:

Explanation:

Graphs for Different Correlation Coefficients

Correlation Coefficient = +1: A perfect positive relationship. Correlation Coefficient = 0.8: A fairly strong positive relationship. Correlation Coefficient = 0.6: A moderate positive relationship. Correlation Coefficient = 0: No relationship.

Describe the social environment of a person.​

Answers

Answer:

Depends on their personality and mood

Explanation:

"Human social environments encompass the

immediate physical surroundings, social relationships, and cultural milieus within which

defined groups of people function and interact. Components of the social environment

include built infrastructure; industrial and occupational structure; labor markets; social and

economic processes; wealth; social, human,

and health services; power relations; government; race relations; social inequality; cultural practices; the arts; religious institutions

and practices; and beliefs about place and

community.The social environment subsumes

many aspects of the physical environment,

given that contemporary landscapes, water

resources, and other natural resources have

been at least partially configured by human

social processes. Embedded within contemporary social environments are historical social and power relations that have become institutionalized over time. Social environments

can be experienced at multiple scales, often

simultaneously, including households, kin

networks, neighborhoods, towns and cities,

and regions. Social environments are dynamic

and change over time as the result of both internal and external forces. There are relationships of dependency among the social environments of different local areas, because

these areas are connected through larger regional, national, and international social and

economic processes and power relations."

How to do this it's hard

Answers

Answer:

All you have to do is watch the video, and when each animal pops up take what they said and put it in the correct box

Which of the following is a likely reason that some missions failed among the Native populations of Texas? *
10 points
a Natives had their own religions, beliefs, and ways
b Spanish sent no support for the missionaries

Answers

Answer:

natives had their own religions, beliefs and ways

What type of bond does butter have in the prediction table?

Answers

butter is saturated fatty acid with only single bonds between carbon atoms and has high melting point usually solid at room temperature.

Butter has a covalent bond?

which continent is not located in the eastern hemisphere?

A)África
B) Asia
C)South American
D) Europe

Answers

Explanation:

I think it is Asia because i am living in Asia and I know that it is located in Noerthern Hemisphere

Please help! Will mark brainliest if it’s the correct answer!

It’s also not C or D, I tried those out and it wasn’t that (I have one more attempt left)

Answers

The answer is a. Excise taxes are to discourage consumption of a product

I need help! Please tell me the answer:(

Answers

Answer:

An applicable example of the spread of ideas throughout history would be most notably during the renaissance and the enlightenment which spread scientific and artistic ideas with the assistance of literature, salons, and the like as well as the industrial revolution which allowed for faster travel and thus the intermingling of cultures. This led to what is widely regarded as "western culture" which is still seen today, because while countries in europe and the areas they colonized differed in some ways these periods allowed for fashion, government, art, and even education styles to become more standardized throughout regions.

Another example could be the spice trade across the silk road. The bolstered trade between countries, though far apart, created a cultural connection between the two which stimulated the spread of ideas throughout countries.

An example of similar linguistic intermingling would be within ancient Egypt. The we are able to understand hieroglyphics because of the base language used in the area which was used farther north and as the language evolved there were adaptations of it throughout the region. One such surviving adaptation, even though it was affected by the dialect of neighboring regions and the simplification of pronunciation allowed experts a glimpse into the likely translation of hieroglyphs (it was difficult because they only include the consonant of letters and no vowels and thus must be supplemented by the reader instead and without knowing the language in the form it was at the time it was written was difficult and the intercultural adaptations provided a way for the language to evolve while maintaining its roots)

The true answer to this question is that there is no one answer. There are plentiful examples of this throughout history because of the way societies evolve, intermingle, and fall even in ancient times. It mainly comes down to the strength of global trade, types of communication, and the location of settlements. It can also be affected by politics like war because any interaction between countries can affect their culture, customs, or relationship with one another. Basically you could come up with hundreds of examples in many different contexts. You might actually do some research on it and you might find some interesting historical tidbits and find an answer to the question that actual interests you.

Federalists believed which of the following?
Select one:

a.
Direct democracy was the best form of government

b.
None of these answers are correct

c.
There should not be a strong central government

d.
The elite and wealthy had no place in the government



The Anti-Federalists were NOT concerned about which of the following?
Select one:

a.
Term lengths were too long

b.
The national government would be too powerful

c.
Establishing three branches of government would be too confusing

d.
There was not a Bill of Rights included initially
Clear my choice

Answers

Answer:

Explanation:

a.

Direct democracy was the best form of government

c.

Establishing three branches of government would be too confusing

1. Federalists believed direct democracy was the best form of government

2.Anti-Federalists were NOT concerned about establishing three branches of government would be too confusing

What is democracy?

Democracy is a type government that allows f or dialogue as deliberation.

The people or masses have the ability to choose who their leader should be. The federalist believed in this approach of government.

Therefore, 1. Federalists believed direct democracy was the best form of government

2.Anti-Federalists were NOT concerned about establishing three branches of government would be too confusing.

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