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Advocard [28]
3 years ago
6

Scenario 10 Suppose that in Country A, one worker per day can produce either 120 units of food or 50 units of capital goods; whi

le in in Country B, one worker per day can produce either 90 units of food or 30 units of capital goods. Refer to Scenario 10: (1) Which country has the comparative advantage in the production of capital goods? Explain. (2) Refer to scenario 10. Identify a specific number of units of food that could be traded for 10 units of capital goods and be mutually beneficial. Explain
Business
1 answer:
aleksandrvk [35]3 years ago
5 0

Answer:

1) country A has a comparative advantage in production of capital goods.

2) for country A 24 units of food can be traded for 10 units of capital goods,

for country B 30 units of food can be traded for 10 units of capital goods.

Explanation:

country A has a comparative advantage in production of capital goods because they have been able to produce more capital goods with the same amount of input (worker) than country B.

For country A, 120 units of food = 50 units of capital goods, therefore

10 units of capital good will be traded for (120 x 10)/50 = 24 units of food.

for country B 90 units of food is equivalent to 30 units of capital goods, therefore,

(90 x 10)/30 = 30 units of food

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Explanation:

Principal-agent relationships are based on a fiduciary duty or, in other words, trust. Principal-agent problems typically arise because principals tend to delegate agents the execution of activities that benefit the principals but not the entity the agent represents. Thus, <em>if the trust between them is broken, principals, as owners of the entity, terminate the agent's contract.</em>

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A manufacturer of hospital supplies has a uniform annual demand for 320 comma 000 boxes of bandages. It costs ​$10 to store one
mash [69]

Answer:

100 times per year

Explanation:

Data provided in the question:

Annual Demand , D = 320,000 boxes

Cost of storing one box, C = $10

Plant set up cost for production, c = $160

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The optimal ordering quantity = \sqrt\frac{2cD}{C}

or

The optimal ordering quantity = \sqrt\frac{2(160)(32,000)}{10}

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Number of timer in year company produce boxes = \frac{\textup{Demand}}{\textup{Optimal order quantity}}

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Answer:Inventory on hand Balance at the end = $4620

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The question is unclear with regards to the requirements. however having dealt with questions of this nature in the past, I will assume the question requires us to calculate the cost of inventory on hand.

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Inventory on hand Balance at the end = 4620 = $4620

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