Presume the united states can produce toyotas at the cost, Ask an Expert

Management Studies

Presume the United States can produce Toyotas at the cost of $18,000 per car as well as Chevrolets at $16,000 per car. In Japan Toyotas can be produced at 1,000,000 yen as well as Chevrolets at 500,000 yen.
a) In terms of Chevrolets what is the opportunity cost of producing Toyotas in each country?
b) Who has the relative advantage in producing Chevrolets?

View complete question

Business Management, Management Studies

Category:- Business Management
Reference No.:- M9373978

Have any Question?Write your Review or question?

Related Questions in Business Management

Briefly describe a how personality develops over time b the

Briefly describe: (a) how personality develops over time, (b) the degree to which it becomes stable and when, and (c) general shifts that occur for most people moving into adulthood.

What are some ways in which the transportation security

What are some ways in which the Transportation Security Administration is attempting to improve the security of the U.S. transportation system? Discuss the Customs Trade Partnership Against Terrorism (C-TPAT).

Assignment - implementing change in order for managers to

Assignment - Implementing Change In order for managers to respond effectively to environmental or organizational pressures that can be disruptive to an organization, they must implement clear intervention strategies. In ...

Bull draft a one-two sentence personal definition of

• Draft a one-two sentence personal definition of leadership. Base your definition on what you have encountered, as well as on what you have already know about leadership. • Discuss the statements: "Leadership is everybo ...

Joshua was close to his manager eric they were seen

Joshua was close to his manager, Eric. They were seen together at the cafeteria and stayed late at work when the need arose. In contrast to them, the other five team members did the routine jobs assigned to them. What le ...

What are three examples of different terminology types used

What are three examples of different terminology types used in health care technology and describe the value for enhancing communication. Provide 1-2 references.

How ineffective communication and resource constraints can

How ineffective communication and resource constraints can impact on time-management within projects?

Could you please teach me the following economics

Could you please teach me the following economics question? "In the recent debate over health care, many have claimed that health care is a product that is too fundamentally important to be rationed, arguing that people ...

How could legislation impact on operations within your

How could legislation impact on operations within your organisation in relation to innovation, project management, and operational planning? Briefly outline any relevant requirements (e.g. intellectual property, WHS).

Business analysis and systems development approaches

Business Analysis and Systems Development Approaches Assignment - Report Background - You should consider yourself to be an employee of a consulting firm called Innovative Solutions that specialises in systems analysis, ...

4,153,160 Questions Asked
13,132 Experts
2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Recent Questions

Ask Business Management Expert