Answer:
Explanation:
United States is producing 200 tons of hamburgers and 60 tons of tacos.
United States' opportunity cost for producing 1 ton of hamburgers
= ![\frac{60}{200}](https://tex.z-dn.net/?f=%5Cfrac%7B60%7D%7B200%7D)
= 0.3
United States' opportunity cost for producing 60 tons of tacos.
= ![\frac{200}{60}](https://tex.z-dn.net/?f=%5Cfrac%7B200%7D%7B60%7D)
= 3.33
So we see that US has a lower opportunity cost in producing hamburgers, so it has a comparative advantage in producing hamburgers.
Mexico is producing 40 tons of hamburgers and 50 tons of tacos.
Mexico's opportunity cost of producing a ton of hamburgers
= ![\frac{50}{40}](https://tex.z-dn.net/?f=%5Cfrac%7B50%7D%7B40%7D)
= 1.25
Mexico's opportunity cost of producing a ton of tacos
= ![\frac{40}{50}](https://tex.z-dn.net/?f=%5Cfrac%7B40%7D%7B50%7D)
= 0.8
So we see that Mexico has a lower opportunity cost in producing tacos, so it has a comparative advantage in making tacos.
Since US specializes in making hamburgers, it will produce 200 tons of hamburgers and 0 tons of tacos.
Mexico specializes in making tacos, it will produce 50 tons of tacos and 0 tons of hamburgers.
It is important to include a person's title when developing a reference sheet because it gives credit to the person
Answer:
Answer 25 questions from an A,B
Explanation:
Answer:
Materials handling= $60 per requisition
Machine setups= $110 per setup
Quality inspections= $95 per inspection
Explanation:
<u>To calculate the predetermined manufacturing overhead rate we need to use the following formula:</u>
<u></u>
Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base
Materials handling= 60,000/1,000= $60 per requisition
Machine setups= 55,000/500= $110 per setup
Quality inspections= 57,000/600= $95 per inspection
Answer:
Why or why not? Yes, organizing is still a very important managerial function because work is separated, assembled, and coordinated with the help of organizing. Therefore allowing employees to work anywhere, anytime. Also, people still need to plan what to do at what time so as to ensure time maximation.
Credits to : assignmentexpert
Explanation: