Suppose that a worker in caninia can produce either 2 blankets or 8 meals per day, and a worker in felinia can produce either 5 blankets or 1 meal per day. each nation has 10 workers. for many years, the two countries traded, each completely specializing according to their respective comparative advantages. now war has broken out between them and all trade has stopped. without trade, caninia produces and consumes 10 blankets and 40 meals per day and felinia produces and consumes 25 blankets and 5 meals per day. the war has caused the combined daily output of the two countries to decline by

What sources about ecuador should you consult to obtain cultural information about this country that will need to be included in your cultural map?

Abenefit of using a debit or credit card instead of cash is that it provides a paper record of a purchase. looking at the purchases below, which one should be made using a credit or a debit card?

Sometimes, deciding how you will pay for a large purchase is easy. for example, if you were buying a car and you didn’t have enough cash, you would get a car loan. however, sometimes the decision is a little more difficult. for example, if you were adding a deck onto the back of your house, how would you pay for the supplies? would you use your credit card, get a home equity loan, or take a personal loan? when the decision is more difficult, it is smart to use the paced decision-making process. in this project, you will use the decision-making process to two people, emmitt and carmen, make a decision about how to pay for two large purchases. objectives use the decision-making process to identify the most cost-effective option for making large purchases. purchase one read the following scenario. research options for payment, and use the paced decision-making model to decide how emmitt should pay for the television. remember, the paced steps are to define the problem, list the alternatives, select criteria, evaluate the alternatives, and make a decision. example: emmitt wants to buy a new flat screen television. the cost of the television is $539. he has a credit card with a credit limit of $1,000 and an apr of 22 percent. the store offers him store credit with six months no interest and an apr of 22 percent. this means if he pays the balance in the first six months, he doesn’t pay any interest. if he doesn’t pay off the balance in the first six months, then he starts paying 22 percent interest on the balance thats left. since he just paid off his car loan, he can afford to pay $100 each month. this means it would be possible for him to pay the balance within six months. he also has a great credit score and could obtain a personal loan. remember, the goal is to find the most cost-effective option for purchasing the tv. how should emmitt pay for the television? part a: how should emmitt pay for the television? part b: which car loan should carmen choose?