In an hour, Andy can make either 5 pizzas or 12 pies and Chris can make either 6 pizzas or 18 pies. ________ advantage in making pizzas

A) Andy has an absolute
B) Andy has a comparative
C) Chris has a comparative
D) None of the above answers is correct.


B

Economics

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To protect depositors against bank failures, the federal government created which of the following in 1933?

a. Federal Reserve System b. Resolution Trust Company c. Federal Savings and Loan Insurance Corporation d. Federal Deposit Insurance Corporation e. Excess Reserve Insurance Corporation

Economics

If the AS curve is vertical, then it follows that

A) Real GDP changes will always arise from the supply side of the economy. B) Real GDP changes will always arise from the demand side of the economy. C) Price level changes will always arise from the demand side of the economy. D) Price level changes will always arise from the supply side of the economy. E) a and c

Economics

Implicit cooperation among firms to maintain prices is illegal under antitrust laws.

Answer the following statement true (T) or false (F)

Economics

Refer to the information provided in Figure 8.4 below to answer the question(s) that follow.  Figure 8.4 Refer to Figure 8.4. If six microwave ovens are produced, Micro Oven's total costs are

A. $500. B. $600. C. $900. D. indeterminate from this information.

Economics