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2 years ago

China decides to build an aircraft carrier. what is the opportunity cost of the aircraft carrier?

1 answer:

5 0

The opportunity cost of the aircraft carrier is the cost of the next best option China forgoes in order to build the aircraft carrier.

<h3>What is the opportunity cost?</h3>

Opportunity cost of the next best option forgone when one alternative is chosen over other alternatives. Opportunity cost is also known as implicit cost. Opportunity cost is used in calculating implicit cost.

For example, if in deciding to build the aircraft carrier, China forgoes the opportunity to repair all the roads in china. Repairing all the roads in China is the opportunity cost.

To learn more about opportunity cost, please check: brainly.com/question/26315727

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Sourcing goods and services from different locations around the globe in an attempt to take advantage of national differences in

andreyandreev [35.5K]

Answer:

b. Production

Explanation:

Global Value Chains have been successful over the years due to most components being produced in the country where<em> it is cheaper to do so</em> and then the final output<em> is integrated in other country</em>.

Thus globalization of production has enabled <em>firms</em> to take advantage of national differences in the cost and quality of factors of production.

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3 years ago

Identify which of the following microeconomic topics can have an impact on macroeconomic topics?

Anestetic [448]

Answer: B. How do people decide how much to save for the future, or whether they should borrow to spend beyond their current means?

Explanation:

It should be noted that microeconomics has to do with studying of economic agents like the individuals and the firms and how their decision affects the society while macroeconomics deals with the whole economy.

The microeconomic topics can have an impact on macroeconomic topics is option B "How do people decide how much to save for the future, or whether they should borrow to spend beyond their current means".

This is because savings and expenditure have an impact on the economy had whole and this can lead to certain decisions to be taken by the government.

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3 years ago

Karson, the managing director of a multinational corporation, punishes his employees for coming late to work by deducting their

emmainna [20.7K]

Karson os using his authorities

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3 years ago

Nico Corporation has cost of goods sold of $300,000 and inventory of $30,000, then the inventory turnover is ________ and the av

Xelga [282]

Answer:

Invnetory TurnOver 10

Average inventory 36.5

Explanation:

$\frac{COGS}{Inventory} = $TO Inventory\\$

300,000 / 30,000 = 10

The company sales his inventory 10 times per year

In some cases, we are given with a beginning and ending inventory.

For those, we calculate the average inventory:

(beginning + ending)/2

$\frac{365}{Inventory \: TO} =$average age$

365/10 = 36.5

The average the inventory age is 36.5 days

365 are the days of the year, and the inventory Turnover are the times per year the inventory is being sold.

we divide one fro manother to get a metric in days of how much the invneotry is in store before being sold.

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3 years ago

On December 31, 2021, Coolwear Inc. had balances in Accounts Receivable and Allowance for Uncollectible Accounts of $40,000 and

DerKrebs [107]

Answer:

$4,775

Explanation:

Given that,

Allowance for Uncollectible Accounts = $1,700

Write off in Accounts receivable during the year = $875

Allowance for Uncollectible Accounts required = $5,600

Closing Allowance for Uncollectible Accounts:

= Allowance for Uncollectible Accounts - Write off in Accounts receivable during the year

= $1,700 - $875

= $825

Bad debt expense for 2022:

= Allowance for Uncollectible Accounts required - Closing Allowance for Uncollectible Accounts

= $5,600 - $825

= $4,775

6 0

3 years ago