Friday

October 31, 2014

October 31, 2014

Posted by **alex** on Sunday, July 22, 2012 at 5:13pm.

1 bulldozer

3 cars

America

1 bulldozer

2 cars

WORLD TOTAL

2 bulldozers

5 cars

8. What is the opportunity cost for America to make 1 bulldozer instead of cars? A) 1 car B) 2 cars C) 1/2 car

9. What is the opportunity cost for Japan to make 1 bulldozer instead ofcars? A) 1 car B) 1/3 car C) 3 cars

10. Which country has the lower opportunity cost in making bulldozers? A) Japan B) America C) neither

11. Who has the absolute advantage in making cars? A) Japan B) America C) neither

12. What is the opportunity cost for Japan making 1 car? A) 1 bulldozer B) 3 bulldozers C) 1/3 of a bulldozer

13. Who has the comparative advantage in making bulldozers? A) Japan B) America C) neither

i think 8)b 9)c 10)b 11)a 12)c 13) not sure but i think its C actually, not B.

Did i get them right??

**Answer this Question**

**Related Questions**

Math - The bar graph below shows the numbers of various colors of cars owned by ...

Math - Yesterday, a parking lot had 60 cars parked in it. Of the cars parked in ...

math - Assume that you are to pick 3 cars from the motor pool, which contains 6 ...

math - For this problem, assume that you are to pick 3 cars from the motor pool...

MircroEconomics - Production & Cost - Please check my answers if they are ...

Economics - Suppose Honda's total cost of producing 4 cars is $225,000 and its ...

Math-Algebra - The table shows the amount earned for washing cars. How much is ...

Math - Am I doing this right? Q. 6 toy cars are in 16in 16 divided by 6=2.66 ...

geometry - There are 2 red cars and 3 blue cars. The 5 cars contain a total of ...

AP Calculus AB - A traffic engineer monitors the rate at which cars enter a ...