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pashok25 [27]
1 year ago
13

Nation Beta employing all its available resources nation alpha can produce either 800 units of chemicals or 1,600 units of cloth

ing. nation beta can produce either 200 units of chemicals or 800 units of clothing. which of the following statements is true? Nation Beta has a comparative advantage in producing chemicals. Nation Alpha has a comparative advantage in producing chemicals. Nation Beta is the high-cost producer of clothing.
Business
1 answer:
mr Goodwill [35]1 year ago
3 0

The true statement is Nation Alpha has a comparative advantage in producing chemicals. (second option)

<h3>What is comparative advantage?</h3>

A country has comparative advantage in production if it produces at a lower opportunity cost when compared to other countries. Opportunity cost is the cost of forgoing the next best alternative action when one activity is undertaken over other activities.

For Nation Beta:

Opportunity cost of producing chemicals : 800 / 1600 = 0.5

Opportunity cost of producing clothes : 1600 / 800 = 2

For Nation Beta:

Opportunity cost of producing chemicals : 200 / 800 = 0.25

Opportunity cost of producing clothes : 800 / 200 = 4

To learn more about comparative advantage, please check: brainly.com/question/25139916

#SPJ1

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olchik [2.2K]

Answer:

The package of shoes and carryalls based on the sales mix expected for the coming year is:

= 4:1

Explanation:

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b) Data:

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This gives a contribution to the fixed cost = $27 ($36 - $9) per unit

Estimated quantity of pairs of shoes to be sold next year = 3,500

Estimated quantity of carryalls to be sold next year = 875

The ratio of shoes to carryalls = 3,500:875

= 3,500/875

= 4:1

The sales mix for Chillmax Company refers to the proportion of the company's total sales for each type of product sold (pairs of shoes and carryalls).

8 0
3 years ago
According to Goldratt, Multiple Choice a product coming out of a non-bottleneck is precious and should not be wasted. an hour lo
Vlad1618 [11]

Answer:

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Explanation:

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6 0
3 years ago
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Dominik [7]

Answer: The correct answer is "firms offer different levels of service".

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4 years ago
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Murrr4er [49]

Answer:<em> False</em>

Explanation:

The statement given in the question is false.

The correct statement is given as, "For risk episodes moderately within project horizon, resolution planning and strategies include working with clients to re-prioritize cost, itinerary, opportunity or quality and therefore precisely heightens problems."

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4 years ago
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DochEvi [55]

Explanation:

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