Opportunity Costs, Macroeconomics

Comparative if Person can make 15 wristbands and hour and 3 potholders. What is the comparative advantage? If same person works 20 hours a week graph the possible combinations she can produce.
Posted Date: 9/20/2012 7:44:32 PM | Location : United States







Related Discussions:- Opportunity Costs, Assignment Help, Ask Question on Opportunity Costs, Get Answer, Expert's Help, Opportunity Costs Discussions

Write discussion on Opportunity Costs
Your posts are moderated
Related Questions
Suppose the supply function for product X is given by Qsx = -50 + 0.5Px - 5Pz. A. How much of product X is produced when Px = $500 and Pz = $30? B. How much of product X is p

Suppose you have $10,000 and wish to purchase an annuity that pays you a fixed dollar amount every month. How much would you receive each month if the annuity rate is 1% and you in

money demand = 3500 - 250i what is the interest rate present if the money market is in equilibrium

Q. Aggregate supply in AS-AD model? In order to figure out all the variables in AS-AD model, we need one more equilibrium condition so that we can identify a unique point on AD

Separation of growth and fluctuation It is very useful to separate the evolution of a variable which grows over time into a trend and fluctuations around the trend. The graphs

What is Gross National Product? Gross National Product (GNP): It measures the value of output produced through a country is citizens anywhere within the world, in a speci

Illustrate the statement - Currency inside banks is not money The fact that currency inside commercial banks is not money may strike you as odd, but it is an important principl

what is credit multiplir and how does it work

Q. Relation between Money - wealth and income? Money isn't the same as wealth. An individual may be very wealthy however have no money (for instance by owning stocks and real e

what are the advantages and disadvantages of unemployment