Question 4plz 34. Consider the following table indicating the number of units of clothing and food produced per hour in Countries T and J.Country Clothing FoodT60 unitsJ30 unitsTWhich of the following statements is correct?J has a comparative advantage in both clothing and food productionT has a comparative advantage in both clothing and food productionJ has a comparative advantage in clothing production, while I has a comparative advantage in food productionT has a comparative advantage in clothing production, while J has a comparative advantage in food production30 units20 units5. Person B decides to get tested for COVID-19 based on mild symptoms that they are experiencing.In this scenario, a Type I error would oPerson B receives a negative test result stating that they do not have COVID-19, but they actually doPerson B receives a positive test result stating that they do have COVID-19, but they actually don'tType here to searchAll of the options are correctDGGE24°C Mostly cloudy

Ans) Country T produce more clothing and food as compared to country J. Thus, Country T has…

Answered: 4. Consider the following table…

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter2: Introduction To Spreadsheet Modeling

Section: Chapter Questions

Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...

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SECTION A Read the following extract and then answer the question below Botswana Investment and Trade Centre has appointed Mr. J. Moeti as a business consultant responsible for assisting investors coming from the Asian region. This consultant has been in practice for some time and he is known to be very good in assisting foreign investors settle very quickly in Botswana. About 98% of the investors he has assisted in settling in Botswana have been successful in their business setup. His new client is Mr. Lee from China who needs to be appraised how laws are made in Botswana. It is important for Mr. J. Moeti to explain any five sources of law in Botswana and how they came into existence. This has to be done by giving examples so that Mr. Lee can relate. Discuss what Mr. J. Moeti should share with Mr. Lee.
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