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Elena-2011 [213]
3 years ago
13

A young thomas edison makes 20 light bulbs a week in his dorm room. the parts for each light bulb cost $2.00. he sells each ligh

t bulb for $5.00. general electric offers thomas an executive job that pays $50.00 a week. thomas's weekly economic profit from making light bulbs is equal to:
Business
2 answers:
PolarNik [594]3 years ago
7 0

$10.00 is the answer.

20 x $2 = $40

20 x $5 = $100

$100 - $40 = $60

$60 - $50 = $10

azamat3 years ago
5 0

$10.00      .......................

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Marysya12 [62]

Answer:

At producing 14,286 skates

Explanation:

3 0
3 years ago
Suppose labor productivity differences are the only determinants of comparative advantage, and Brazil and Chile both produce onl
o-na [289]

Answer:

The correct answer is letter "A": Brazil only.

Explanation:

Comparative advantage is the ability of an organization or individual to produce at lower opportunity costs. This is achieved by introducing efficient productivity strategies or achieving economies of scale.

For the case given, the comparative advantage of Brazil and Chile is based on labor productivity only. Then:

  • <em>The comparative advantage of Chile on sugar</em> = \frac{2 units of sugar}{5 units of coffee} = 0.4
  • <em>The comparative advantage of Brazil on sugar </em>= \frac{1 unit of sugar}{2 units of coffee} = 0.5

Thus, <em>Brazil has a comparative advantage over Chile on sugar.</em>

4 0
3 years ago
A company is evaluating an expansion. This capital investment will require a cash outflow today of $6,500,000. The firm estimate
Inga [223]

Answer:

Net present value of this project is $282470.22

Explanation:

Present value of inflows = Cash Inflow * Present value of discounting factor(rate%,time period)

=900,000/1.08+900,000/1.08^2+900,000/1.08^3+900,000/1.08^4+900,000/1.08^5+900,000/1.08^6+900,000/1.08^7+900,000/1.08^8+900,000/1.08^9+900,000/1.08^10+900,000/1.08^11+900,000/1.08^12

=6782470.22

NPV=Present value of inflows-Present value of outflows

=6782470.22-6,500,000

=$282470.22

8 0
3 years ago
All of the following are factors in the fraud triangle except A. Ethical behavior of an individual B. Materiality of the assets
Verdich [7]

Answer:

Materiality of the assets

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6 0
3 years ago
George, your company's it technician, is replacing the web cam in a user's laptop. which item below will not need to be removed
marta [7]

THE CPU (central processing unit) is one example of a piece of hardware that would not need to be removed to install a new webcam.

4 0
3 years ago
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