Assume George and Abe are stranded on an island and can only produce two goods: fish and coconuts. George can catch 20 fish or collect 5 coconuts in one day and Abe can catch 15 fish or collect 3 coconuts in one day. What is George's opportunity cost of catching 1 fish?

Q: How Zomato get benefitted by acquiring Blinkit

A: By purchasing Blinkit, Zomato has joined the frantic race for online success. In an effort to grow…

Q: What is TARP?

A: The term TAPR stands for Troubled Asset Relief Program.

Q: What is the matter economic

A: Discussing the "matter" of economics involves exploring its fundamental components and core…

Q: The merry-go-round in Ross Park, a public park, was first installed in 1920 and has been…

A: A public good is a kind of good or service that is non-excludable and non-rivalrous in nature,…

Q: could you type ur answer i can't read ur handwr

A: The break even point is where the annual savings from the Solar Panel affect the initial investment.…

Q: HOW TO DRAW A TABLE FORM

A: There are 4 possible ways in which the other player can act :- 1) always choose ‘C’ 2) He will…

Q: qwertyuioopoytttrt

A: Unfortunately, "qwertyuioopoytttrt" doesn't seem to be a question with a specific answer or problem…

Q: how do you write an audit of how you nonverbally communicate?

A: Title: Audit of Nonverbal Communication SkillsIntroduction:This audit aims to evaluate and assess…

Q: c) What is the cost of the consumer's original 2018 bundle at the new 2019 prices? How much…

A: Now, the price of food F1= $100  the price of housing increased H1 = $200. the cost of the…

Q: I need typing clear urjent no chatgpt use i will give 5 upvotes

A: Approach to solving the question: we have used vector approach to solve the question by doing cross…

Q: What is a CD and how do they work?

A: Certificates of deposit (CD) are secured form of long period of time deposits. The money is kept in…

Q: hello is there a way to get help on the chart please

A: Introduction We have given market demand and supply equation.  Market demand: P = 10 - Q Market…

Q: What are some mandates and compliance regulations that protect people's identity and privacy?

A: Concept Privacy refers to a person's ability to control when, how, and to what extent their personal…

Q: Where do you get the number 11?

A: Given, Marginal propensity to save (mps)=0.2 Marginal propensity to import (mpm)=0.1 Marginal income…

Q: blanks

A:

Q: I need typing clear urjent no chatgpt use i will give 5 upvotes

A: Step 1: First convert mg into grams. We know that 1 mg = 0.001 grams So, 200 mg =200(0.001) =0.2…

Q: What is one pkus one

A: Step 1:One plus one equals two1+1 = 2 For example if you have one apple and you get one more apple ,…

Q: please do d and e now please

A: Pareto optimal allocation refers to that point deviating from which no player can be made better off…

Q: may I also recieve help with iv to vi?

A: Price discrimination refers to the situation when the seller of a good is able to sell the same…

Q: can u solve d and e

A: Unemployment is an expression alluding to people who are employable and effectively looking for a…

Q: Where are you getting the number 11?

A: The gap between income and spending in an economy is the budget surplus. A budget surplus occurs…

Q: I cannot read the hand writing can someone tyoe this out for mr please ?

A: Macroeconomics basically refers to the discipline of economics concerned with the overall structure,…

Comparative Advantage and Absolute Advantage Analysis

The theory of absolute advantage was given by Adam Smith in the year 1776.