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k0ka
14 days ago
12

Brazil is almost​ self-sufficient in ethanol. Brazilian ethanol is made from sugar and costs 83cents per gallon whereas U.S.​ et

hanol, made from​ corn, costs​ $1.14 per gallon. The United States has set a zero quota on imports of​ ethanol, so it does not import ethanol. ​Source: The New York Times​, April​ 12, 2006 Which country has a comparative advantage in producing​ ethanol? Explain why both the United States and Brazil can gain from specialization and trade.
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Select the correct answer from each drop-down menu.
soldi70 [3635]
1) Most likely, it's commission. Although both commissions and bonuses relate to sales performance, the fact that she receives them for each sale implies commissions, which are typically a recurring part of a pay system, as opposed to bonuses which are usually one-time payments. 2) Refers to a fixed salary. Hourly wages are generally associated with entry-level positions, whereas fixed salaries apply to higher-ranking or executive positions.
4 0
2 months ago
Which items are characteristic of a credible website? Select all that apply.
stepan [3596]
The solution is 4. <span>Web addresses ending with.gov indicate a government site.
</span>

Domain endings like.com or.net can be registered by anyone and do not imply the website’s authority.

In contrast, certain addresses such as.edu and.gov are exclusively allocated for educational and governmental bodies, making them more credible.

This can reliably indicate the trustworthiness and authority of the website.

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7 0
1 month ago
Read 2 more answers
The operations manager for a local bus company wants to decide whether he should purchase a small, medium, or large new bus for
Scilla [3833]

Answer:

a) the small bus

b) the medium or large bus

c) the small bus

Explanation:

a) using the maximin criterion, the manager aims to maximize the least possible profit (a pessimistic approach), which results in the following profits:

Bus size Demand

Low Medium High

Small 50 60 70 → minimum profit = 50

Medium 40 80 90 → minimum profit = 40

Large 20 50 120 → minimum profit = 20

Thus, the optimal choice yielding the highest minimum profit is the small bus.

b) applying the maximin criterion, the manager will seek to minimize potential maximum losses, determining losses based on the best profit scenario:

Bus size Demand

Low Medium High

Small 0 -20 -50 → maximum loss = -50

Medium -10 0 -30 → maximum loss = -30

Large -30 -30 0 → maximum loss = -30

Hence, the option that bears the least maximum loss is either the medium or large bus.

c) for calculating the expected value of each option:

small = 30/100*50 + 30/100*60 + 40/100*70 = 61

medium = 30/100*40 + 30/100*80 + 40/100*90 = 72

large = 30/100*20 + 30/100*50 + 40/100*120 = 69

The small bus turns out to be the best choice, as it has the highest expected profit.

3 0
2 months ago
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