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marusya05 [52]
2 years ago
15

Country a has a temperate climate and can grow bananas in the spring. it produces 42,000 pounds of bananas per year per growing

acre. country b also has a temperate climate and can grow bananas in the summer. it produces 21,000 pounds of bananas per year per growing acre. two countries with similar resources want to grow bananas. which country has an absolute advantage for growing bananas? why does this country have an absolute advantage?
Business
1 answer:
german2 years ago
8 0

Country A would have absolute advantage because it produces the most pounds of bananas per year per growing acre.

<h3>What is Absolute advantage?</h3>

This is defined as the ability to produce more than available competitors in the market.

Country A produces more pounds of bananas per year per growing acre which is why it has an absolute advantage over country B.

Read more about Absolute advantage here brainly.com/question/1655791

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On January 1, Bargain Company's Valuation Allowance for Trading Investments account had a debit balance of $18,500. On December
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A​ monopoly's cost function is CQ and its the demand for its product is pQ where Q is​ output, p is​ price, and C is the total c
Elan Coil [88]

Answer:

The answer is "70 units".

Explanation:

In the given question some equation is missing which can be defined as follows:

C = 1.5Q^2+40Q\\\\P=320-0.5Q  

Monopolistic functions are used where Marginal Profit = Marginal Cost where marginal revenue and marginal cost stand for the MR and  MC.

Finding the value of MR :

\ MR = \frac{\partial TR}{\partial Q} \\\\

       = \frac{\partial PQ}{\partial Q} \\\\= \frac{\partial (320-0.5Q)Q}{\partial Q}

       = \frac{\partial (320Q -0.5Q^2)}{\partial Q}\\\\ = \frac{\partial Q (320 -0.5Q)}{\partial Q}\\\\  \ by \ solving \ we \ get \\\\ = 320 - Q...(1)

Calculating the value of the MC:

MC = \frac{\partial TC}{\partial Q} \\

        =\frac{\partial (1.5Q^2 + 40Q)}{\partial Q} \\\\=\frac{\partial Q (1.5Q + 40)}{\partial Q}\\\\ \ by \ solve \ value \\\\ = 3Q + 40....(2)

compare the above equation (i) and (ii):

\to 320 -Q = 3Q+40\\\\\to 320 -40 = 3Q+ Q\\\\\to 280 = 4Q\\\\\to  4Q =280 \\\\\to Q= \frac{280}{4}\\\\\to Q= 70 \\

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Answer:

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