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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

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Simone lives in a country in which the government does not impose quotas on what can be imported or on what businesses can produ
irina1246 [14]

The type of situation that describe a situation where government does not impose quotas on what can be imported is known as free trade.

<h3>What is free trade?</h3>

Free trade is an agreement between two or more countries to remove trade barriers or restrictions . This enable member countries trade freely without any impediment to import and export of goods.

Countries come together to promote their goods and services by taking away any thing that could hinder import and export of goods among member nation. This bring about increased efficiencies.

Hence, the type of situation that describe a situation where government does not impose quotas on what can be imported is known as free trade.

Learn more about free trade here: brainly.com/question/3520350

7 0
2 years ago
A company produces a single product. Variable production costs are $13.50 per unit and variable selling and administrative expen
Dominik [7]

Answer:

$15,525

Explanation:

Calculation for ending inventory under variable costing

Using this formula

Units in ending inventory = Units in beginning inventory + Units produced −Units sold

Thus,

= 0 units + 5,500 units −4,350 units

= 1,150 units

Formula for Value of ending inventory under variable costing

= Unit in ending inventory × Variable production cost

= 1,150 units × $13.50 per unit

= $15,525

4 0
3 years ago
Ngai Nhung is the sales manager at Hung Technologies. At lunch with the company CEO, Ngai proudly announced that he had negotiat
beks73 [17]

Ngai Nhung is the sales manager at Hung Technologies. At lunch with the company CEO, Ngai proudly announced that he had negotiated a <u>blanket purchase order</u> with a client that represented the customer's long-term commitment to buy components from Hung.

<u>Option: D</u>

<u>Explanation:</u>

Here Ngai announcement means that the firm's consumers with their suppliers are going to enable several distribution dates across a period of time, often structured to reap the benefits of fixed prices which showcase the long-term relation between firm and consumer, thus understood as a blanket purchase order.

It is basically utilized when expendable products are recurrently needed. Blanket orders are commonly used when a consumer purchases large amounts and receives special discounts. Calculating the predicted amount planned by the recipient of the commodity is the toughest part of getting an agreement.

3 0
3 years ago
At the level of middle management, the database must be able to ________ . Group of answer choices:O provide a framework for def
Furkat [3]

Answer:

-Deliver the data necessary for tactical decisions and planning

-Monitor and control the allocation and use of company resources and evaluate the performance of the various departments

-Provide a framework for defining and enforcing and ensuring the security and privacy of the data in the database

Explanation:

In <em>data management</em>, the implementation of a database always results in a change in both operations and management.

Regarding middle management, the new database has to provide information for the middle manager's tactic decisions (while the upper-level managers need it for strategic decisions).

Since they are always in charge or monitoring a particular department (HR, marketing, R&D...), they use the database to properly assess the company's resources and see how they can help with his/her subdepartments,

6 0
3 years ago
The product life cycle defines the stages that new products move through as they enter, are established in, and ultimately leave
notsponge [240]

Answer:

Market Attribute – Introduction stage - Low sales

Market Attribute – Growth stage - Opportunities increase

Market Attribute – Maturity stage - Intense competition

Market Attribute – Decline stage - Niche segment  

Consumer Types – Introduction stage - Sylvie

Consumer Types – Maturity stage - Winnie

Consumer Types – Decline stage - Francine

6 0
3 years ago
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