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If They Spend All Night Writing Computer Programs, Laurence Can

question 135

Essay

If they spend all night writing computer programs, Laurence can write 10 programs while Carrie Anne can write 5.If they spend all night making sunglasses, Laurence can make 6 while Carrie Anne can make 4.We know that:
A.Laurence has a comparative advantage in programs.
B.Laurence has a comparative advantage in both programs and sunglasses.
C.Carrie Anne has a comparative advantage in programs.
D.Carrie Anne has a comparative advantage in both programs and sunglasses.


Definitions:

Return

The amount of profit or loss gained from an investment relative to its initial cost.

Project A

Not a definitive key term without additional context; it likely refers to a specific, named project within a given context. NO.

Net Present Value

The gap between how much cash comes in and goes out, measured in present value terms, during a certain period.

Net Present Value

A comparison of the present value of cash receipts and disbursements over a specific duration.

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