Self Sufficiency vs. Specialization
Essay specific features
March 21, 2016
No of pages / words:
2 / 382
Rating of current essay:
This is known as an absolute advantage according to O' Sullivan and Sheffrin (Economics, 2006) because Francis has the ability to produce a good at a lower absolute cost than Phil.
For calculations it is assumed there are eight hours in a standard day and there are five days in a work week. To decide which work method would be best for Phil and Francis I first calculated self-sufficient rates per day...
displayed 300 characters
Order custom writing paper now!
- Your research paper is written
by certified writers
- Your requirements and targets are
- You are able to control the progress
of your writing assignment
- You get a chance to become an
Get a price guote
To decide which work method would be best for Phil and Francis I first calculated self-sufficient rates per day. Splitting the day exactly in half and then multiplying each field by four allows the following:
? Phil can produce 4 financial statements and 32 phone calls per day.
? Francis is able to produce 8 financial statements and 40 phone calls per day...
displayed next 300 characters
General issues of this essay:
2 pages, 392 words
1 pages, 44 words
1 pages, 258 words
2 pages, 382 words
2 pages, 284 words
3 pages, 610 words
2 pages, 399 words