Canada opportunity cost to produce one computer = 15/40 tanks = 0.375 tanks Israels opportunity cost to produce one computer = 50/100 tanks = 0.5 tanks Canada has the lower opportunity cost of production when it comes to computers.
Israel can produce tanks while Canada can produce 15 tanks if they dedicate all of their resources in producing tank. So, we can say that Israel has absolute advantage in producing tanks.
Small arms kill more people every year than any missiles and tanks, but this does not show up anywhere for one simple reason: they happen at some place most people have not even heard of!
Of the three components of M1, the checkable deposits component is the largest.( the other two components are physical cash and NOW deposits) Required reserves are the amount of_________________.
When gas prices drop, you see people filling their gas tanks to the full mark, filing up their recreational vehicles, motorcycles, etc. while the prices are low.
These two countries in the Middle East that are fighting a war require war equipment. This includes war planes, tanks, and other military hardware. Both the countries are willing to buy these from the USA.
Those persons that operate and man a tank develop special skills in handling tanks and are usually not transferred to other divisions. Similarly, those persons who are snipers are in most situations given sniper duty.
It's like in the USA today, there are so many PhDs out there without university or think tanks expanding at all (or shrinking). Yet each year, thousands of new PhDs are dumped on the market.
Your roommate asks your help in understanding the major steps in the flow of costs in a job order cost system. Identify the steps to your roommate.
For example, when tanks are being overhauled, each tank may be assigned a job order number. However, when the job is to overhaul tank treads, hundreds of treads may be included in a single job order. B.
The Republican administration and conservative think-tanks of the time saw this as one of the most important policy initiative of its government. The Heritage Foundation even called it the defining legacy of the 108th Congress!