1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
alisha [4.7K]
3 years ago
13

Which calculation helps determine which producer has the absolute advantage? Resources used multiplied by amount produced

Business
2 answers:
zalisa [80]3 years ago
7 0

Answer

The calculation that helps to determine which producer has the absolute advantage is:

B. The amount produced divided by resources used

Explanation

Productivity is calculated by dividing the amount of output produced by the inputs used in its production process. The size of the output is divided by the resources used to produce the goods to determine the advantage/profit acquired in a business process.This will give the producers ultimate advantage as compared to number of time the bussiness will pay back.


erastovalidia [21]3 years ago
6 0

Amount produced divided by the resources used, is the calculation that helps to determine which producer has the absolute advantage.

The performances of a company’s production process measures its productivity.

Further Explanation

Productivity of a company is calculated by dividing its output and the input that are used in the process of production. Common inputs in this case can be natural or capital resources and labor hour, while output are measured by the sales or amount of goods produced by the company.

Productivity can be calculated by the amount of unit produced by a company relative to its labor hour or by measuring the company’s revenue relative to employee labor hours.

However, the overall labor productivity can be calculated by dividing the goods and services a company produced by the employee total hour during a particular period of time.

In a situation where a company had an output of 4,000 units in a month and its input was 4,000 hours of labor, the productivity for such company is 10. This implies the output (40000) is divided by the labor input (4,000), which is equals to 10. This also means that the number of units produced by the employee per hour is 10 in the previous month.

LEARN MORE:

  • more on productivity brainly.com/question/12157373
  • how to calculate productivity brainly.com/question/13011275

KEYWORDS:

  • productivity
  • company's output and input
  • labor
  • goods and services
  • employee
You might be interested in
Mike and Lon came to a party together. A friend offered Mike a ride home. However, there was no room in the car for Lon. What ar
Vikentia [17]
Mike could leave lon behind, walk lon home, offer to pay for a taxi or finally he could stay with him.

3 0
2 years ago
With a regressive tax system, as the level of income increases in an economy, the average tax rate will: 
A. Increase
B. Decreas
Ostrovityanka [42]

Answer:

The correct answer to the following question is option B) decrease.

Explanation:

Regressive tax is that of tax which is imposed in such manner that when the income level in the economy increases , the average tax rate would decrease. This type of tax has heavy burden on the low income people as it takes high proportion of their income. So it can be said here that there is an inverse relationship between tax payer's ability to pay ( which can be measured in income , assets or consumption) and the tax rates imposed.

6 0
3 years ago
Hushovd Iron Works has collected the following data for its Thunderbolt line of​ products: Direct materials standard 15 pounds p
Hitman42 [59]

Answer:

The direct material quantity variance is $10,800 favourable.  (the options in the question are not correct).

Explanation:

The direct materials quantity variance represents a difference between what was actually produced and the standard or idea that should have been produced especially with regards to the use of direct materials.

To calculate material quantity variance

Step 1:Calculate the Standard Usage of Material

Formula= (Actual Units of Finished goods Purchased x Standard Price of Material per unit)

= 4,000 units x 15 Pounds

= 60,000 Pounds

This means the standard material usage is 60,000 pounds

Step 2: Now calculate the Direct Material Quantity Variance

Formula= (Standard Material Usage - Actual Material Usage) x The Standard Price per Unit of Material

= 60,000 pounds (computed in step 1) - 40,000 pounds (given in the question)

= 20,000 pounds x $0.54

=$10,800

Since the standard Material is higher than the actual material usage, it means that the answer is as follows;

The direct material quantity variance is $10,800 favourable.

Kindly note that the multiple options in the question above are for a different set of figures and a different question.

6 0
2 years ago
The average price of milk increased from $3.00 last year to $3.50 this year. This most likely due to:
Galina-37 [17]
The answer is: inflation
6 0
2 years ago
private markets fail to provide the optimal amount of some good such as public firework displays because
LiRa [457]

Answer: Because private companies will have difficulty getting anybody to pay for them.

Explanation:

Private markets fail to provide the optimal amount of some good such as public firework displays because private companies will have difficulty getting anybody to pay for them.

The main motive behind private markets are simply for making of profit but for public, the main motive is for the government to satisfy the needs to the people. Hence, with regards to the question, the answer will be that there'll be difficulties encountered in getting people to pay for the goods.

8 0
3 years ago
Other questions:
  • Supporting information and materials are important to public speaking because
    15·1 answer
  • Gator Corporation manufactures several types of accessories. For the year, the gloves and mittens line had sales of $480,000, va
    9·1 answer
  • The _____ is the most ambitious global trade agreement ever negotiated; the agreement has reduced tariffs by one-third worldwide
    13·1 answer
  • If a bank pays 62 cents in non-interest expense per dollar of income, its _______ is equal to 0.62
    9·1 answer
  • Social surplus is maximized when all buyers with the reservations values ___________ than the market price are actually making p
    14·1 answer
  • A warranty in which the seller warrants that he or she has valid title to the goods he or she is selling and that the transfer o
    10·1 answer
  • The reserve requirement is 15 percent. Lucy deposits $600 into a bank. By how much do excess reserves change
    13·1 answer
  • The process of identifying individuals or companies who may need the selling firm's products or services is known as?
    8·1 answer
  • The additional utility a person receives from consuming an additional unit of a good or service is known as?
    14·1 answer
  • If firms are producing at a profit-maximizing level of output where the price is less than the average total cost:_________
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!