Table 3-37 ​

question 513

Multiple Choice

Table 3-37 ​
-​Refer to Table 3-37. Sarah and Charles are both potters and each can switch between the production of vases and mugs at a constant rate. The table shows the total number of vases or decorative mugs that each person can produce in a six-hour session of producing pottery. Suppose that Sarah and Charles produce for two 6-hour sessions and they split this time equally between the production of vases and mugs. If they then produce for two 6-hour sessions and produce only the good that each person has the comparative advantage for, then total production of

• A)​vases would rise by 20 and total production of mugs would rise by 32.
• B)​vases would rise by 2 and total production of mugs would rise by 27.
• C)​vases would rise by 2 and total production of mugs would rise by 7.
• D)​vases would rise by 18 and total production of mugs would rise by 25.

Understand how pricing decisions affect break-even analysis and profitability.

Understand the aesthetic and narrative contributions of early filmmakers like Georges Méliès and D.W.Griffith.

Recognize the significance and goals of the Motion Picture Patents Company (MPPC) in early cinema history.

Identify the social implications and reactions to the early film industry.

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Definitions:

Downsizing Mode

A corporate strategy involving the reduction of a company's size, typically through layoffs, to reduce costs and improve efficiency.

Dividends

The portion of a company's profits distributed to shareholders, typically in the form of cash payments or additional shares.

Constant Rate

A fixed interest rate that does not change throughout the duration of the loan or investment period.

Risk Yield

The return on investment that compensates for the level of risk undertaken, with higher risk typically offering the potential for higher yield.