1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Vanyuwa [196]
2 years ago
9

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

Business
2 answers:
larisa86 [58]2 years ago
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.

Read more on opportunity cost here

brainly.com/question/481029

#SPJ1

yKpoI14uk [10]2 years ago
6 0

Answer: equal to one

Explanation: The opportunity cost of one bushel of beans in terms of bushels of corn will be the inverse of the opportunity cost of one bushel of corn in terms of bushel of beans. multiplying a number by its inverse equals one

You might be interested in
Which of the following would tend to shift the supply of dollars in the market for foreign-currency exchange in the open-economy
scoundrel [369]

Answer:

The right answers are either b. or d., or both.

Explanation:

When the dollar loses value, there is higher demand for foreign imports in a country because they become cheaper. When the dollar gains  in value, a foreign country´s exports increase. Changes in the value of currencies reflect changes in demand and supply. An increase in exports will shift the demand curve of the dollar higher. A reduction of imports will have a contrary effect.

5 0
3 years ago
Jones Co. started the year with no inventory. During the year, it purchased two identical inventory items at different times. Th
Over [174]

Answer:

FIFO LIFO Weighted average

Cost of goods sold 1,060 1,380 (1,060 + 1,380)/2 = $1,220

Ending inventory 1,380 1,060 (1,060 + 1,380)/2 = $1,220

Explanation:

Attached is the tabulated solutions

6 0
3 years ago
which of the following is not one of the six functional areas of business that sits on a foundation of business law?
mina [271]

Answer:

state and federal taxation

Explanation:

8 0
2 years ago
An amendment to the texas constitution requires a balanced budget. This means that _____.
marissa [1.9K]

Any increase in government spending must be offset by an increase in revenue and/or cuts in spending elsewhere in the budget.

<h3>What does Texas Constitution require a balanced budget?</h3>
  • Texas always keeps its budget balanced because the State Constitution demands it. The Texas state and local sales taxes exceed 10% of the individual transaction price. The primary operating fund for Texas is the General Revenue Dedicated Fund.
  • A constitutional amendment known as the "balanced budget amendment" would restrict government spending to the amount of revenue it receives. Spending would need to be under control by the federal government.

An amendment to the texas constitution requires a balanced budget. This means that any increase in government spending must be offset by an increase in revenue and/or cuts in spending elsewhere in the budget.

According to a balanced budget, a government should not spend more than its income. Thus projected incomes and expenditures should be equal.

To learn more about balanced constitutional budget amendment, refer to:

brainly.com/question/8873582

#SPJ9

4 0
2 years ago
A perfect hedge (full coverage) on translation exposure can usually be achieved when which of the following occurs? a. Using a f
attashe74 [19]

Answer:

e). None of the above, because a perfect hedge does not exist

A perfect hedge is nearly impossible

Explanation:

A perfect hedge is a position undertaken by an investor that would eliminate the risk of an existing position, or a position that eliminates all market risk from a portfolio. In order to be a perfect hedge, a position would need to have a 100% inverse correlation to the initial position.

At the time of taking an opposite position in Derivatives Market, Perfect Hedge would mean covering the risk involved in the Cash Market Position completely, i.e. 100%. 2. Imperfect Hedge: When the position in the cash market is not completely hedged or not hedged to 100%, then such a hedge is called Imperfect Hedge.

6 0
3 years ago
Other questions:
  • Shown below are selected data from the financial statements of the Supreme Company. (Dollar amounts are in millions, except for
    9·1 answer
  • Jim wants to buy some new shoes. a local shoe shop has a pair for $59.95 with a 10% discount. another shop has the same pair for
    6·1 answer
  • Suppose that disposable income, consumption, and saving in some country are $200 billion, $150 billion, and $50 billion, respect
    15·1 answer
  • The windsong automobile manufacturing company produces luxury automobiles made to order. the ownership of the firm recognizes th
    5·1 answer
  • Which of the following would not result from all countries specializing according to the principle of comparative advantage? a.
    6·1 answer
  • Choose either the fashion or design industry and explain how you think the baby boomers, those born right after World War II, wi
    13·1 answer
  • Carver Company produces a product which sells for $30. Variable manufacturing costs are $15 per unit. Fixed manufacturing costs
    10·1 answer
  • Hickock Mining is evaluating when to open a gold mine. The mine has 39,200 ounces of gold left that can be mined, and mining ope
    10·1 answer
  • In​ 1982-84 dollars, the real average hourly wage rate in 2005 was ​$8.18 and in 2006 ​, it was ​$8.24 . In 2005 ​, the CPI was
    5·1 answer
  • What are the primary reasons food producers can increase profits by participating in a local direct market?
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!