Notice The page is n MLAB Websi for your Bibliog. Emily owns an ice cream parlor

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Notice The page is n MLAB Websi for your Bibliog. Emily owns an ice cream parlor. In an hour she can produce 40 milkshakes or 40 ice cream sundaes y.sunywcc.edu helps you creat prtor.In an hour he can producoe 20 mlishaikdoes. r Emily's opportunity coat of roducing 1 milkshake isBen's opportunity cost of producing 1 milkshake is ra - Pode me dar mento ). YouTulA. 1 ice cream sundae: 0.5 ice ream sundae OB. 0.5 ice cream sundae; 1 ice cream sundae 0 D. 1 icecream sundae: 2 ico cream sundaes Ben has a comparative advantage in the production of milkshakes meiras@hotmail.c OC.2 ice cream sundaes;1 lce cream sundae y-Mario Vasquez w Lyrics-YouTu e.com audio of Gallery by Vasquez with lyrics t is YouTube mp3? ube-mp3.org load your favorite ube videos as mo3 Cick to select your answer 01/08/18 ASSESS Chapter 12 Quiz MacBook Air

Explanation / Answer

Emily’s opportunity cost of producing 1 milkshake:-

40 milkshake = 40 ice cream sundaes

1 milkshake =(40/40) ice cream sundaes

1 milkshake = 1 ice cream sundaes

Ben’s opportunity cost of producing 1 milkshake:-

20 milkshake = 10 ice cream sundaes

1 milkshake =(10/20) ice cream sundaes

1 milkshake = 0.5 ice cream sundaes

So the correct answer is:-

A:- 1 ice cream sundaes; 0.5 ice cream sundaes

Answer:- …………..Has a competitive advantage in the production of milkshakes

Correct Answer:- Ben

Reason:- Due to the lesser opportunity cost of milkshake production, Been has a competitive advantage in the production of a milkshake.

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