Based on the coordinates of point x and those of point y on the linear production possibilities curve, the opportunity cost of producing one watch is 2 fewer clocks.
<h3>What is the opportunity cost of producing one watch?</h3>
The opportunity cost of producing one watch is the number of clocks that needs to be given up per watch.
This will therefore be the slope of the linear production possibilities curve which can be found as:
= (Y₂ - Y₁) / (X₂ - X₁)
Solving gives:
= (80 - 20) / (20 - 50)
= 60 / -20
= -2 clocks
This means that for every watch produced, there will be 2 clocks that will be foregone to make that watch.
In conclusion, the opportunity cost is 2 clocks.
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Answer:
The correct answer is a. an illegal search under 4th amendment protections.
Explanation:
The fourth amendment to the United States Constitution protects two fundamental rights: the right to privacy and the right not to suffer an arbitrary invasion.
The investigation is the procedure in which a government official or agent violates a reasonable expectation of privacy. When it interferes with the right of property of a person we face a case of confiscation. The owner must have a reasonable expectation of privacy regarding the seized objects. A person is considered to have been apprehended when law enforcement personnel use physical force to retain them in such a way that, in a similar situation, any reasonable person would feel deprived of their liberty.
Answer:
Option d (Self-leadership) seems to be the appropriate response.
Explanation:
- Self-leadership seems to be a process through recognizing whoever you are, defining certain ideal perceptions, as well as consciously leading yourself towards yourself.
- It, therefore, tells people who you are, but whether you're a certain kind of individual individuals would like to emulate.
Other possibilities aren't connected to the circumstance in question. So that is indeed the right choice.
Answer:
The correct answer is letter "D": net income for the year will be overstated.
Explanation:
Net Income is an important measure of how profitable the company is over a period of time. Net income is calculated by taking the total revenue and subtracting the business expenses which results in the earnings before tax. After taxes are deducted, the amount obtained will be the firm's net income.
Prepaid insurances are considered expenses of a company. Thus, <em>if the payment of the prepaid insurance was not recorded, the net income of the firm will be overstated.</em>
Answer: $61667
Explanation:
For product P
Sales = $269,500
Less: Additional processing cost = $214,000
Net realizable value = $55500
For product Q
Sales = $44,000
Less: Additional processing cost = $0
Net realizable value = $44000
For product R
Sales = $206,500
Less: Additional processing cost = $114,000
Net realizable value = $92500
Total net realizable value = $55500 + $44000 + $92500
= $192000
The cost allocated to product R will be:
= 128000 × 92500/192000
= $61667
