(Answered) Suppose that in japan they can produce 4 cars in 8 hours

Management Studies

Suppose that in japan they can produce 4 cars in 8 hours and 20 HD tvs in 10 hours. The US can produce 4 cars in 6 hours and 20 tvs in 5 hours. Explain which country has a comparative advantage in producing tvs. In your answer be sure to be very specific as to how you identified the comparative advantage in each country and define how one goes about identifying comparative advantage.

View complete question

Business Management, Management Studies

Category:- Business Management
Reference No.:- M91989000
Price:- $10

Verified Expert

Priced at $20 Now at $10, Verified Solution

Have any Question?Write your Review or question?

Related Questions in Business Management

Please help with the potential barriers to effective

Please help with the potential barriers to effective strategic planning in the health care environment How does this differ from the general business world?

What contributes to making change communication effective

What contributes to making change communication effective within an organization?

In class today we spoke about leadership and ways a leader

In class today we spoke about leadership and ways a leader could utilize the below list of concepts could you help me understand as a leader how I could uitlize them and an example of what they are In the role of leaders ...

Ways to ensure that information was shared efficiently and

Ways to ensure that information was shared efficiently and effectively within the team. Explain why these strategies will be particularly effective when coming up with innovative ideas to solve workplace issues.

Students experienced the boss effect either as the superior

Students experienced the "boss effect" either as the superior in the relationship or as the subordinate Try to remember how they felt about the other person in this situation. Do you think their expression or that of the ...

In what ways can self-knowledge lead to more effective

In what ways can self-knowledge lead to more effective managerial work?

In the basic break-even equation the term contribution is

In the basic break-even equation, the term contribution is used. What does the term contribution mean here? What does this number tell the manager?

Ricardo the ceo of sunflower organics hires a consultant

Ricardo, the CEO of Sunflower Organics, hires a consultant, Saadia, to analyze his production process. Ricardo has been using the same production process for the nearly twenty years he's been in business. His employees a ...

According to firestones tire recall case evaluate and

According to Firestone's tire recall case, evaluate and discuss the role of leadership when commercial realities conflict with the public safety concerns and the ethical dilemma that ensue for leaders in such situation. ...

Give an example of a merger or acquisition where technology

Give an example of a merger or acquisition where technology contributed to its failure to produce desired outcomes. What reasons caused the failure? What actions might have helped ensure success?

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