1. Suppose Hoda is a brilliant attorney who can draft especially persuasive legal briefs. She also happens to possess some excellent administrative skills such as typing, filing, assembling binders and notes, and making reservations. Which best describes whether Hoda should hire an administrative assistant to help her? Group of answer choices Hoda should not hire an administrative assistant because she likely has a comparative advantage in performing administrative functions. Hoda should hire an administrative assistant because the assistant would likely have an absolute advantage in writing legal briefs. Hoda should hire an administrative assistant because the assistant would likely have a comparative advantage in writing legal briefs. Hoda should hire an administrative assistant because the assistant would likely have a comparative advantage in performing administrative functions. Hoda should not hire an administrative assistant because she has an absolute advantage in performing administrative functions. 2. Goods that are produced today in order to make other valuable goods and services in the future are called goods. Group of answer choices inferior capital

1. Suppose Hoda is a brilliant attorney who can draft especially persuasive legal briefs. She also happens to possess some excellent administrative skills such as typing, filing, assembling binders and notes, and making reservations. Which best describes whether Hoda should hire an administrative assistant to help her? Group of answer choices Hoda should not hire an administrative assistant because she likely has a comparative advantage in performing administrative functions. Hoda should hire an administrative assistant because the assistant would likely have an absolute advantage in writing legal briefs. Hoda should hire an administrative assistant because the assistant would likely have a comparative advantage in writing legal briefs. Hoda should hire an administrative assistant because the assistant would likely have a comparative advantage in performing administrative functions. Hoda should not hire an administrative assistant because she has an absolute advantage in performing administrative functions. 2. Goods that are produced today in order to make other valuable goods and services in the future are called goods. Group of answer choices inferior capital

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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