All categories

2 years 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

Roy Company manufactures a product in Departments A and B. Materials are added at the beginning of the process in Department B.

slamgirl [31]

Answer:

Number of equivalent units= 18,000

Explanation:

Giving the following information:

Conversion costs for Department B were 50% complete concerning the 6,000 units in the beginning work in process and 75% complete for the 8,000 units in the ending work in process. A total of 12,000 units were completed and transferred out of Department B during February.

With the information provided, we can calculate the number of equivalent units of the period.

Beginning work in process = 6,000*0.5= 3,000

Units started and completed = 12,000 - 3,000= 9,000

Ending work in process completed= 8,000*0.75= 6,000

Number of equivalent units= 18,000

6 0

4 years ago

Early in 2020, Tamarisk Equipment Company sold 600 Rollomatics at $5,400 each. During 2020, Tamarisk spent $21,000 servicing the

MissTica

Answer:

Dr Cash 3,240,000

Cr Sales Revenue 3,240,000

Dr Warranty Expense 21,000

Cr Cash 21,000

Dr Warranty Expense 10,000

Cr Estimated Liabilities Warranties 10,000

Explanation:

Preparation of 2020 Journal entries

Dr Cash 3,240,000

Cr Sales Revenue 3,240,000

(600 x $5,400)

(Being to Record sale of Rollomatics )

Dr Warranty Expense 21,000

Cr Cash 21,000

( Being to record the amount spent on servicing during the year)

Dr Warranty Expense 10,000

Cr Estimated Liabilities Warranties 10,000

(31,000-21,000)

(Being To record the Estimated remaining warranty expense)

6 0

3 years ago

Mark and Mindy are new parents. They wish to start saving for their son’s college education. They anticipate they’ll need $150,0

Reika [66]

Answer:

Quarterly deposit= $1,001.06

Explanation:

Giving the following information:

They anticipate they’ll need $150,000 in 18 years. The account pays 7.75% per year compounded quarterly.

To calculate the annual deposit, we need to use the following formula:

FV= {A*[(1+i)^n-1]}/i

A= annual deposit

Isolating A:

A= (FV*i)/{[(1+i)^n]-1}

FV= 150,000

n= 18*4= 72

i= 0.075/4= 0.01875

A= (150,000*0.01875) / [(1.01875^72)-1]= $1,001.06

6 0

3 years ago

Professional sales skills

Oxana [17]

Answer:

d6fguuiigyuydufjfdjgid7gif6fg

6 0

3 years ago

The managers of Presto Pizza, a popular pizzeria in Concord, California, have been increasingly encouraging senior citizens to o

lesya692 [45]

Answer:

Market movement

Explanation:

From the question, we are informed about managers of Presto Pizza, a popular pizzeria in Concord, California, have been encouraging senior citizens to order takeout and free express delivery from the pizzeria's several outlets spread across the city.

In this case, whereby, the management of Alfredo's Pizza is seeking to tap into this promising segment that consists of retired, affluent consumers, the managers of Alfredo's Pizza are anticipating company growth through market movement

Market movement can as well be regarded as material information, it is movement necessary for investors to invest in stock market, through this movement alot of information that can convince the investors to take actions is gathered.

6 0

3 years ago