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Consider the Following Scenario to Answer the Questions That Follow

question 36

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Consider the following scenario to answer the questions that follow.
On a particular Saturday, Mark Zuckerberg and Bill Gates can either plant trees or spread mulch in their gardens. Their maximum output per day is listed in the following table, along with blanks where you can calculate the opportunity cost.
Consider the following scenario to answer the questions that follow. On a particular Saturday, Mark Zuckerberg and Bill Gates can either plant trees or spread mulch in their gardens. Their maximum output per day is listed in the following table, along with blanks where you can calculate the opportunity cost.    -At what terms of trade (relative price ratio) could Zuckerberg and Gates specialize and trade with one another so that both have more trees planted and mulch spread than they could accomplish on their own? A)  12 trees planted per 12 cubic yards of mulch spread B)  10 trees planted per 12 cubic yards of mulch spread C)  9 trees planted per 12 cubic yards of mulch spread D)  7 trees planted per 12 cubic yards of mulch spread E)  5 trees planted per 12 cubic yards of mulch spread
-At what terms of trade (relative price ratio) could Zuckerberg and Gates specialize and trade with one another so that both have more trees planted and mulch spread than they could accomplish on their own?


Definitions:

Clerical Job

A clerical job involves office-based tasks such as typing, filing, handling and processing paperwork, and possibly managing office equipment and databases.

Ethical

Pertaining to morals, principles of right and wrong, or the philosophy regarding moral conduct.

Sales Clerk

A retail worker responsible for assisting customers, conducting sales transactions, and maintaining the sales floor's organization.

NASW Code of Ethics

A document that outlines the ethical principles and standards that guide the professional conduct of social workers, emphasizing principles like social justice, dignity and worth of the person, and the importance of human relationships.

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