Refer to the accompanying table. According to the table, Corey has the absolute advantage in: Pizzas Made Per HourPizzas Delivered Per HourCorey126Pat1015
A. neither making nor delivering pizza.
B. making and delivering pizza.
C. delivering pizza.
D. making pizza.
Answer: D
You might also like to view...
An insurance company is likely to attract customers who want to purchase health insurance because they know better than the company that they are more likely to file a claim on a policy. This situation describes
A) adverse selection. B) asymmetric information. C) moral hazard. D) a premium death spiral.
If supply decreases and demand increases
A) the market clearing price definitely rises, and the equilibrium quantity falls. B) the market clearing price definitely rises, and the equilibrium quantity is indeterminate. C) the market clearing price definitely falls, and the effect on the equilibrium quantity is indeterminate. D) the effect on the market clearing price is indeterminate, and the equilibrium quantity definitely falls.
When, because of hiring and firing costs, firms retain workers in a recession that they would otherwise lay off, there is said to be
A. involuntary unemployment. B. labor hoarding. C. voluntary unemployment. D. a decline in capacity utilization.
Output per worker hour is known as
A. potential output. B. labor productivity. C. per capita output. D. all of the above.