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2 years ago

If austin can produce potato chips at a lower opportunity cost than william, then:_______

1 answer:

7 0

If Austin can produce potato chips at a lower opportunity cost than William, then Austin has a comparative advantage in the production of potato chips.

Comparative advantage refers to a situation in which an individual, business or country can produce a good or service at a lower opportunity cost than another producers or businesses.

In production a lower opportunity cost creates a comparative advantage. So here in this situation a comparative advantage in one good implies a comparative disadvantage in another.

Hence, comparative advantage is the ability of a producer to produce a good or service for a lower opportunity cost than its competitor.

To learn more about comparative advantage here:

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A firm has total assets of $638,727, current assets of $203,015, current liabilities of $122,008, and total debt of $348,092. Wh

Alexxx [7]

Answer:

E. 1.20

Explanation:

The formula and the computation of the debt-equity ratio is shown below:

Debt equity ratio = (Total debt ÷ Shareholders’ Equity)

where,

Total debt = $348,092

And, the shareholder equity would be

= Total assets - total debt

= $638,727 - $348,092

= $290,635

So, the debt - equity ratio would be

= $348,092 ÷ $290,635

= 1.20

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3 years ago

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Roman55 [17]

Answer:

The statement is: True.

Explanation:

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The marketing department has the task and duty of spotting those details that could ignite another institution's emotions over its production.

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3 years ago

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3 years ago

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3 years ago

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Answer:

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Explanation: Hope this helps <3

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3 years ago