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Question : 2.2   Comparative Advantage and Trade 1) You have an absolute advantage : 1387321

Economics

 

 

2.2   Comparative Advantage and Trade

 

1) You have an absolute advantage whenever you

A) are better educated than someone else.

B) can produce more of something than others with the same resources.

C) prefer to do one particular activity.

D) can produce something at a lower opportunity cost than others.

 

Table 2-9

 

 

Serena

Haley

Bracelets

8

9

Necklaces

16

12

 

Table 2-9 shows the output per week of two jewelers, Serena and Haley. They can either devote their time to making bracelets or making necklaces.

 

2) Refer to Table 2-9.  Which of the following statements is true?

A) Haley has an absolute advantage in making both products.

B) Serena has an absolute advantage in making both products.

C) Haley has an absolute advantage in making bracelets and Serena in making necklaces.

D) Haley has an absolute advantage in making necklaces and Serena in making bracelets.

 

 

3) Refer to Table 2-9.  What is Haley’s opportunity cost of making a bracelet?

A) 3/4 of a bracelet

B) 3 bracelets

C) 1 1/3 necklaces

D) 2 necklaces

 

 

4) Refer to Table 2-9.  What is Haley’s opportunity cost of making a necklace?

A) 3/4 of a bracelet

B) 3 bracelets

C) 1 1/3 necklaces

D) 2 necklaces

 

5) Refer to Table 2-9.  What is Serena’s opportunity cost of making a bracelet?

A) 2 necklaces

B) 1/2 of a bracelet

C) 1/2 of a necklace

D) 3/4 of a bracelet

 

 

6) Refer to Table 2-9.  What is Serena’s opportunity cost of making a necklace?

A) 2 necklaces

B) 1/2 of a bracelet

C) 1/2 of a necklace

D) 3/4 of a bracelet

 

 

7) Refer to Table 2-9.  Which of the following statements is true?

A) Haley has a comparative advantage in making both products.

B) Serena has a comparative advantage in making both products.

C) Haley has a comparative advantage in making bracelets and Serena in making necklaces.

D) Haley has a comparative advantage in making necklaces and Serena in making bracelets.

 

Table 2-10

 

 

Fred

Barney

Pogo Sticks

24

28

Unicycles

8

14

 

Table 2-10 shows the output per month of two people, Fred and Barney. They can either devote their time to making pogo sticks or making unicycles.

 

8) Refer to Table 2-10.  Which of the following statements is true?

A) Fred has an absolute advantage in making both products.

B) Barney has an absolute advantage in making both products.

C) Barney has an absolute advantage in making pogo sticks and Fred in making unicycles.

D) Barney has an absolute advantage in making unicycles and Fred in making pogo sticks.

 

 

9) Refer to Table 2-10.  What is Fred’s opportunity cost of making a pogo stick?

A) 1/3 unicycle

B) 3 unicycles

C) 6/7 pogo stick

D) 1/2 unicycle

 

 

10) Refer to Table 2-10.  What is Fred’s opportunity cost of making a unicycle?

A) 1/3 pogo stick

B) 3 pogo sticks

C) 1/2 unicycle

D) 1.3 pogo sticks

 

 

 

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Discussion 2.1

In the article "Learning How to Code-Switch: Humbling, but Necessary," Eric Deggans describes his experiences with code switching. For your next discussion board, you should describe your own experiences switching between different audiences, cultures or social groups.  How does your language and behavior change depending on the people you are around?  Have you ever had an experience in which your failure to adapt to a new situation caused problems?  Do you have difficultly maintaining your own identity when you are required to code switch?

Complete this discussion board with one initial response of at least 300 words and two replies of at least 100 words each. Be sure to include at least 2 vocabulary words from this unit. Identify these these words using red text.

Vocabulary for Unit Two

These are the vocabulary words for Unit 2.  Remember to incorporate at least two words into your Discussion Board.  Identify the words by using red text.

Benevolent         Reclamation          Dubious           Fabricated

Hypocrisy            Slander                 Astute              Ambiguous

Apathetic             Arbitrary

 https://www.npr.org/sections/codeswitch/2013/04/10/176234171/learning-how-to-code-switch-humbling-but-necessary 

Discussion 3.1

After reading the items in the folder above related to Beyoncé, please respond to both parts below:

Part 1: When you first read Berlatsky's article, what was your reaction? Were you able to find his main argument? What aspects of his argument did you agree with or disagree with?

Part 2: After reading the two example essays, did your perspective about the article change? Did you see aspects of the article that you didn't notice before? Do you agree with the responses from either of the example essays?

Complete this discussion board with one initial response of at least 300 words and two replies of at least 100 words each. Be sure to include two vocabulary words highlighted in red.

Vocabulary for Unit 3

These are the vocabulary words for this unit.  Remember to incorporate them into your Discussion Board in this unit.

Conviction          Impression          Misconception           Perspective

Profound            Inherent              Inveterate                  Amenable

Impinge              Subversion         Aesthetic

Instructions

Beyoncé is both celebrated and scrutinized for her artistic talents and for the way she presents herself to the world. The article that I've linked to below demonstrates some of these diverse viewpoints. Take some time to read the article carefully. As you read, look for the author's viewpoint, keeping in mind that he spends a great deal of time summarizing the viewpoints of others. In a way, the author, Noah Berlatsky, is writing a summary/response: first, he summarizes the viewpoints of Bill O'Reilly and bell hooks (who has intentionally changed her name so that the first letters are lowercase) and then he provides a response. Look for Berlatsky's response.

Beyonce: Sex Terrorist

Follow this link to Berlatsky's article. 

Berlatsky, Noah.  "Beyonce: Sex Terrorist: A Meance to Conservatives and Liberals Alike." The Atlantic. 12 May 2014. http://www.theatlantic.com/entertainment/archive/2014/05/beyonce-sex-terrorist-a-menace-for-conservatives-and-liberals-alike/362085/. 30 January 2017.

 https://www.theatlantic.com/entertainment/archive/2014/05/beyonce-sex-terrorist-a-menace-for-conservatives-and-liberals-alike/362085/ 

Reflection

Take a moment to reflect upon the article you've just read. What is Berlatsky's main argument? How does his argument compare to O'Reilly's and hooks's statements about Beyoncé? Do you agree or disagree with Berlatsky?

Examples

Attached Files:

Beyonce Student Example 2.docx - Alternative Formats (21.013 KB)

Beyonce Student Example 1.docx - Alternative Formats (19.234 KB)

Read the attached examples of students writing summary/response essays about Berlatsky's article. Once you've read the examples, go back to the lesson and complete the discussion board assignment. 

Discussion 4.1

For this discussion board, first choose an image from the "images" folder to respond to.  In your discussion board post, begin by describing the image you have chosen and explaining your initial reactions to the image.  From there, provide your reader with an analysis of the image, using terms introduced earlier in this unit: composition, context, content, framing, lighting, angle, intertextuality, focus,  etc.  Be sure to begin your response by identifying which image you have chosen.

Complete this discussion board with one initial response of at least 300 words and two replies of at least 100 words each.

As always,  be sure to use two vocabulary words from the unit.

Vocabulary for Unit 4

These are the vocabulary words for this unit.  Remember to incorporate them into your Discussion Board in this unit.

Inconsequential      Superficial         Tenuous      Trivial

Compelling             Obstinate         Tenacity       Consensus

Derived                   Acquired

Discussion 5.1

You should have already chosen a topic for your final essay.  Now, you need to explore the multiple viewpoints associated with that topic. Go to the discussion board and write a brief essay (300 words minimum) summarizing some of the multiple viewpoints associated with that topic (for and against, pro and con).  At the end of your essay, present your own opinion on the topic in the form of a thesis statement or arguable claim.  Refer to the previous video lesson on constructing an arguable thesis to help you.

As you respond to your peers (2 replies, 100 words each), try to fill in any gaps you see in their understanding of the pros and cons of the issue.  In addition, evaluate the thesis statement.  Does it make a limited and arguable claim about the topic or issue?  If not, suggest ways to improve the thesis.

Vocabulary for Unit Five

These are the vocabulary words for Unit 5.  Remember to incorporate them into your Discussion Board in this unit.

Plausible       Objectivity       Substantiated

Integrity         Effusive          Superfluous

Sanction       Fabricated      Ambiguous

Ambivalent

default image
July 1, 2023
    

Discussion 2.1

In the article "Learning How to Code-Switch: Humbling, but Necessary," Eric Deggans describes his experiences with code switching. For your next discussion board, you should describe your own experiences switching between different audiences, cultures or social groups.  How does your language and behavior change depending on the people you are around?  Have you ever had an experience in which your failure to adapt to a new situation caused problems?  Do you have difficultly maintaining your own identity when you are required to code switch?

Complete this discussion board with one initial response of at least 300 words and two replies of at least 100 words each. Be sure to include at least 2 vocabulary words from this unit. Identify these these words using red text.

Vocabulary for Unit Two

These are the vocabulary words for Unit 2.  Remember to incorporate at least two words into your Discussion Board.  Identify the words by using red text.

Benevolent         Reclamation          Dubious           Fabricated

Hypocrisy            Slander                 Astute              Ambiguous

Apathetic             Arbitrary

 https://www.npr.org/sections/codeswitch/2013/04/10/176234171/learning-how-to-code-switch-humbling-but-necessary 

Discussion 3.1

After reading the items in the folder above related to Beyoncé, please respond to both parts below:

Part 1: When you first read Berlatsky's article, what was your reaction? Were you able to find his main argument? What aspects of his argument did you agree with or disagree with?

Part 2: After reading the two example essays, did your perspective about the article change? Did you see aspects of the article that you didn't notice before? Do you agree with the responses from either of the example essays?

Complete this discussion board with one initial response of at least 300 words and two replies of at least 100 words each. Be sure to include two vocabulary words highlighted in red.

Vocabulary for Unit 3

These are the vocabulary words for this unit.  Remember to incorporate them into your Discussion Board in this unit.

Conviction          Impression          Misconception           Perspective

Profound            Inherent              Inveterate                  Amenable

Impinge              Subversion         Aesthetic

Instructions

Beyoncé is both celebrated and scrutinized for her artistic talents and for the way she presents herself to the world. The article that I've linked to below demonstrates some of these diverse viewpoints. Take some time to read the article carefully. As you read, look for the author's viewpoint, keeping in mind that he spends a great deal of time summarizing the viewpoints of others. In a way, the author, Noah Berlatsky, is writing a summary/response: first, he summarizes the viewpoints of Bill O'Reilly and bell hooks (who has intentionally changed her name so that the first letters are lowercase) and then he provides a response. Look for Berlatsky's response.

Beyonce: Sex Terrorist

Follow this link to Berlatsky's article. 

Berlatsky, Noah.  "Beyonce: Sex Terrorist: A Meance to Conservatives and Liberals Alike." The Atlantic. 12 May 2014. http://www.theatlantic.com/entertainment/archive/2014/05/beyonce-sex-terrorist-a-menace-for-conservatives-and-liberals-alike/362085/. 30 January 2017.

 https://www.theatlantic.com/entertainment/archive/2014/05/beyonce-sex-terrorist-a-menace-for-conservatives-and-liberals-alike/362085/ 

Reflection

Take a moment to reflect upon the article you've just read. What is Berlatsky's main argument? How does his argument compare to O'Reilly's and hooks's statements about Beyoncé? Do you agree or disagree with Berlatsky?

Examples

Attached Files:

Beyonce Student Example 2.docx - Alternative Formats (21.013 KB)

Beyonce Student Example 1.docx - Alternative Formats (19.234 KB)

Read the attached examples of students writing summary/response essays about Berlatsky's article. Once you've read the examples, go back to the lesson and complete the discussion board assignment. 

Discussion 4.1

For this discussion board, first choose an image from the "images" folder to respond to.  In your discussion board post, begin by describing the image you have chosen and explaining your initial reactions to the image.  From there, provide your reader with an analysis of the image, using terms introduced earlier in this unit: composition, context, content, framing, lighting, angle, intertextuality, focus,  etc.  Be sure to begin your response by identifying which image you have chosen.

Complete this discussion board with one initial response of at least 300 words and two replies of at least 100 words each.

As always,  be sure to use two vocabulary words from the unit.

Vocabulary for Unit 4

These are the vocabulary words for this unit.  Remember to incorporate them into your Discussion Board in this unit.

Inconsequential      Superficial         Tenuous      Trivial

Compelling             Obstinate         Tenacity       Consensus

Derived                   Acquired

Discussion 5.1

You should have already chosen a topic for your final essay.  Now, you need to explore the multiple viewpoints associated with that topic. Go to the discussion board and write a brief essay (300 words minimum) summarizing some of the multiple viewpoints associated with that topic (for and against, pro and con).  At the end of your essay, present your own opinion on the topic in the form of a thesis statement or arguable claim.  Refer to the previous video lesson on constructing an arguable thesis to help you.

As you respond to your peers (2 replies, 100 words each), try to fill in any gaps you see in their understanding of the pros and cons of the issue.  In addition, evaluate the thesis statement.  Does it make a limited and arguable claim about the topic or issue?  If not, suggest ways to improve the thesis.

Vocabulary for Unit Five

These are the vocabulary words for Unit 5.  Remember to incorporate them into your Discussion Board in this unit.

Plausible       Objectivity       Substantiated

Integrity         Effusive          Superfluous

Sanction       Fabricated      Ambiguous

Ambivalent

default image
July 1, 2023
    

Discussion 2.1

In the article "Learning How to Code-Switch: Humbling, but Necessary," Eric Deggans describes his experiences with code switching. For your next discussion board, you should describe your own experiences switching between different audiences, cultures or social groups.  How does your language and behavior change depending on the people you are around?  Have you ever had an experience in which your failure to adapt to a new situation caused problems?  Do you have difficultly maintaining your own identity when you are required to code switch?

Complete this discussion board with one initial response of at least 300 words and two replies of at least 100 words each. Be sure to include at least 2 vocabulary words from this unit. Identify these these words using red text.

Vocabulary for Unit Two

These are the vocabulary words for Unit 2.  Remember to incorporate at least two words into your Discussion Board.  Identify the words by using red text.

Benevolent         Reclamation          Dubious           Fabricated

Hypocrisy            Slander                 Astute              Ambiguous

Apathetic             Arbitrary

 https://www.npr.org/sections/codeswitch/2013/04/10/176234171/learning-how-to-code-switch-humbling-but-necessary 

Discussion 3.1

After reading the items in the folder above related to Beyoncé, please respond to both parts below:

Part 1: When you first read Berlatsky's article, what was your reaction? Were you able to find his main argument? What aspects of his argument did you agree with or disagree with?

Part 2: After reading the two example essays, did your perspective about the article change? Did you see aspects of the article that you didn't notice before? Do you agree with the responses from either of the example essays?

Complete this discussion board with one initial response of at least 300 words and two replies of at least 100 words each. Be sure to include two vocabulary words highlighted in red.

Vocabulary for Unit 3

These are the vocabulary words for this unit.  Remember to incorporate them into your Discussion Board in this unit.

Conviction          Impression          Misconception           Perspective

Profound            Inherent              Inveterate                  Amenable

Impinge              Subversion         Aesthetic

Instructions

Beyoncé is both celebrated and scrutinized for her artistic talents and for the way she presents herself to the world. The article that I've linked to below demonstrates some of these diverse viewpoints. Take some time to read the article carefully. As you read, look for the author's viewpoint, keeping in mind that he spends a great deal of time summarizing the viewpoints of others. In a way, the author, Noah Berlatsky, is writing a summary/response: first, he summarizes the viewpoints of Bill O'Reilly and bell hooks (who has intentionally changed her name so that the first letters are lowercase) and then he provides a response. Look for Berlatsky's response.

Beyonce: Sex Terrorist

Follow this link to Berlatsky's article. 

Berlatsky, Noah.  "Beyonce: Sex Terrorist: A Meance to Conservatives and Liberals Alike." The Atlantic. 12 May 2014. http://www.theatlantic.com/entertainment/archive/2014/05/beyonce-sex-terrorist-a-menace-for-conservatives-and-liberals-alike/362085/. 30 January 2017.

 https://www.theatlantic.com/entertainment/archive/2014/05/beyonce-sex-terrorist-a-menace-for-conservatives-and-liberals-alike/362085/ 

Reflection

Take a moment to reflect upon the article you've just read. What is Berlatsky's main argument? How does his argument compare to O'Reilly's and hooks's statements about Beyoncé? Do you agree or disagree with Berlatsky?

Examples

Attached Files:

Beyonce Student Example 2.docx - Alternative Formats (21.013 KB)

Beyonce Student Example 1.docx - Alternative Formats (19.234 KB)

Read the attached examples of students writing summary/response essays about Berlatsky's article. Once you've read the examples, go back to the lesson and complete the discussion board assignment. 

Discussion 4.1

For this discussion board, first choose an image from the "images" folder to respond to.  In your discussion board post, begin by describing the image you have chosen and explaining your initial reactions to the image.  From there, provide your reader with an analysis of the image, using terms introduced earlier in this unit: composition, context, content, framing, lighting, angle, intertextuality, focus,  etc.  Be sure to begin your response by identifying which image you have chosen.

Complete this discussion board with one initial response of at least 300 words and two replies of at least 100 words each.

As always,  be sure to use two vocabulary words from the unit.

Vocabulary for Unit 4

These are the vocabulary words for this unit.  Remember to incorporate them into your Discussion Board in this unit.

Inconsequential      Superficial         Tenuous      Trivial

Compelling             Obstinate         Tenacity       Consensus

Derived                   Acquired

Discussion 5.1

You should have already chosen a topic for your final essay.  Now, you need to explore the multiple viewpoints associated with that topic. Go to the discussion board and write a brief essay (300 words minimum) summarizing some of the multiple viewpoints associated with that topic (for and against, pro and con).  At the end of your essay, present your own opinion on the topic in the form of a thesis statement or arguable claim.  Refer to the previous video lesson on constructing an arguable thesis to help you.

As you respond to your peers (2 replies, 100 words each), try to fill in any gaps you see in their understanding of the pros and cons of the issue.  In addition, evaluate the thesis statement.  Does it make a limited and arguable claim about the topic or issue?  If not, suggest ways to improve the thesis.

Vocabulary for Unit Five

These are the vocabulary words for Unit 5.  Remember to incorporate them into your Discussion Board in this unit.

Plausible       Objectivity       Substantiated

Integrity         Effusive          Superfluous

Sanction       Fabricated      Ambiguous

Ambivalent

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If you have problems with time management, just like me, you need to cooperate with Doctor My Essay. Once you registered and made the order, you understand how easier it makes your life! Everything is online: ordering, communication… You can control the process everywhere and be sure that an expert will provide a high-level paper.

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customer #17823
Business, 8 pages

Calculate the price of your order

550 words
We'll send you the first draft for approval by September 11, 2018 at 10:52 AM
Total price:
$26
The price is based on these factors:
Academic level
Number of pages
Urgency
Basic features
  • Free title page and bibliography
  • Unlimited revisions
  • Plagiarism-free guarantee
  • Money-back guarantee
  • 24/7 support
On-demand options
  • Writer’s samples
  • Part-by-part delivery
  • Overnight delivery
  • Copies of used sources
  • Expert Proofreading
Paper format
  • 275 words per page
  • 12 pt Arial/Times New Roman
  • Double line spacing
  • Any citation style (APA, MLA, Chicago/Turabian, Harvard)

Our guarantees

Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.

Money-back guarantee

You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.

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Zero-plagiarism guarantee

Each paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.

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Free-revision policy

Thanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.

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Privacy policy

Your email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.

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Fair-cooperation guarantee

By sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.

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