All categories

1 year ago

the gardener's opportunity cost of a bushel of beans multiplied by her opportunity cost of a bushel of corn is

2 answers:

8 0

The gardener's opportunity cost of a bushel of beans multiplied by her opportunity cost of a bushel of corn is equal to 1.

<h3>How to solve for the opportunity cost</h3>

We have that the garden can either produce 2 bushels of bean of 5 bushels of corn.

Hence we would have the opportunity cost of either items to be 2/5 for a bushel of bean and 5/2 for a 1 bushel of corn.

Hence when we multiply these values we would have 5/2 * 2/5

= 10/10

= 1

Hence the the gardener's opportunity cost of a bushel of beans multiplied by her opportunity cost of a bushel of corn is equal to 1.

You might be interested in

PIRs (planned independent requirements) are calculated based on actual and forecasted sales.a) trueb) false

DochEvi [55]

Answer:

A. True

Explanation:

Option A is correct because PIRs (planned independent requirements) are calculated based on actual and forecasted sales.

In PIR, the independent requirement for final goods is calculated by the sales and the activities /operation for material planning process.

4 0

3 years ago

<11{6[1(07)71]}> The higher the price of an antique, the greater people’s expectation that the object is rare. That, in tu

ollegr [7]

Answer:

a. should be discouraged because it lessens a quality that makes that antique desirable

Explanation:

In pricing theory, the price for a good or service should increase as its scarcity increases. Now selling the antique at a bargain price will reduce the price of it and thereby making it less scarce and rare.

8 0

3 years ago

Fuschia company's contribution margin per unit is $12. total fixed costs are $84,000. what is fuschia's break-even point in unit

Alla [95]

<span>The breakeven point in units for Fuschia is 7000 units. You find this figure by taking the total fixed costs (84,000) and dividing it by the contribution margin (12). This gets you to the breakeven point that the company can expect.</span>

7 0

3 years ago

If the government of Balancia runs a deficit of $50 million per year in Year 1 and in Year 2 due to its recession, but then has

natima [27]

Answer:

Cyclically balanced budget

Explanation:

6 0

2 years ago

You are analyzing a project and have developed the following estimates. The depreciation is $11,000 a year and the tax rate is 3

77julia77 [94]

Answer:

no option is correct, check the question to see if it was copied correctly and check the work to verify my answer

$1,430

Explanation:

worst case scenario:

2,500 units sold at $16 = $40,000

variable cost per unit $14 x 2,500 units = $35,000

contribution margin = $5,000

fixed costs = $8,500

depreciation expense = $11,000

cash flow = [(contribution margin - fixed costs - depreciation) x (1 - tax rate)] + depreciation

cash flow = [($5,000 - $8,500 - $11,000) x 0.66] + $11,000 = $1,430

8 0

2 years ago