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3 years ago

Which company has the comparative advantage in producing large tubes of toothpaste? Sparkling Fresh! Bright White Mmmint.

Business

1 answer:

kakasveta [241]3 years ago

3 0

"Bright White" Company has the comparative advantage in producing large tubes of toothpaste.

<h3>What is the term Comparative advantage about?</h3>

Comparative advantage determines the country's specialization by comparing opportunity cost whereas absolute advantage determines country's productivity.

Comparative advantage have some disadvantage also like it can exploit the nation's labor and some economic resources.

Therefore, correct option is B.

Learn more about comparative advantage, refer to the link:

brainly.com/question/15217561

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Recently, Verizon Wireless ran a pricing trial in order to estimate the elasticity of demand for its services. The manager selec

tatyana61 [14]

Answer:

C) Yes: The one-week measures show demand is elastic, so a price increase will reduce revenues.

Explanation:

The error that the Manager did was to under-estimate the principles of elasticity of demand that posits that increase in price is inversely proprtional to demand. Perhaps, she also overrated the quality of their services without given thoughts to the presence of competition and customers’ decisions in a competitive market.

The survey carried out was a proof of the fact that price increase had an inverse effect on the demand for the services, as was shown by the rate of decline in the number of customers who enrolled in Verizon's cellular plans especially in those states where they had the best of customers’ loyalty.

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3 years ago

Read 2 more answers

According to Goldratt, Multiple Choice a product coming out of a non-bottleneck is precious and should not be wasted. an hour lo

Vlad1618 [11]

Answer:

The correct answer is an hour lost at the bottleneck is an hour lost for the entire system.

Explanation:

This was one of the rules of the book "The goal", by Eliyahu Goldratt. It means that the bottleneck resources are those that have capacity limitations that lead to limiting the entire production process. For this reason it is necessary to make an evaluation of each one of the processes with a direct impact on the production of the product, in order to ensure that none will present determinants that impact the entire chain.

6 0

3 years ago

Assume that Saudi Arabia has production possibilities to produce either 100 barrels of oil using 100 worker hours or 25 bushels

Hatshy [7]

Answer: 10 bushels

Explanation:

If they produce 100 barrels of oil using 100 worker hours, it means that the number of work hours taken for 1 barrel is:

= 100 / 100

= 1 work hour

For bushels however, 1 worker hour produces:

= 25 / 100

= 0.25 bushels of corn

If 60 barrels of oil are produced, it means 60 worker hours were used which would leave 40 worker hours.

Bushels of corn produced is therefore:

= 40 * 0.25

= 10 bushels

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3 years ago

Porches & verandas, inc., agrees to build a screen porch for quinn, but fails to complete the job. quinn hires ramadas, inc.

Dvinal [7]

Is this a true or false question? Is it multiple choice? is it expected to be written in complete sentences as a short answer? I need more context on how to respond to the situation in the question :)

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4 years ago

The city of Morehead leased equipment. The life of the noncancellable lease is 10 years. Using an 8 percent interest rate, the p

belka [17]

Answer:

1. Dr Equipment $ 905,861

Cr Lease Payable $ 905,861

2). Dr Lease Payable $ 125,000

Cr Cash $ 125,000

3) Dr Lease payable $ 115,000

Dr Interest Expense $ 10,000

Cr Cash $ 125,000

Explanation:

1. Preparation of the journal entry for the long-term lease in the General Fund..

Dr Equipment $ 905,861

Cr Lease Payable $ 905,861

2) Preparation of the first lease payment Journal entry on January 10,

Dr Lease Payable $ 125,000

Cr Cash $ 125,000

3) Preparation of the journal entry to second lease payment on January 10, 2018

Dr Lease payable $ 115,000

Dr Interest Expense (125000 x 8%) $ 10,000.00

Cr Cash $ 125,000

4 0

3 years ago