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Alik [6]
3 years ago
5

​refer to table 3-37. sarah and charles are both potters and each can switch between the production of vases and mugs at a const

ant rate. the table shows the total number of vases or decorative mugs that each person can produce in a six-hour session of producing pottery. sarah has an absolute advantage in
Business
1 answer:
bearhunter [10]3 years ago
3 0
Sarah has an absolute advantage in the PRODUCTION OF MUGS. This is because Sarah can produce 32 mugs while Charles in comparison can only produce 25 mugs. 
Absolute advantage refers to the capacity of a country or a company or a person to execute a particular economic activity more efficiently than others. Someone who has an absolute advantage will be able to produce a particular good or service at a greater quantity than his competitors using the same resources. In the scenario given above, it can be seen that Sarah is able to produce more mugs efficiently more than Charles in six hours period.
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An organization that is global within two years of its inception with a major focus on foreign markets rather than its domestic
Roman55 [17]

Answer: born global

Explanation:

An organization that is global within two years of its inception with a major focus on foreign markets rather than its domestic market can be said to be born global.

Since the day such organization is established, they seek to gain competitive advantage over their rivals by using latest technologies and selling their products in different countries.

7 0
3 years ago
Income Statement, Direct and Indirect Cost Concepts, Service Company
Fofino [41]

Answer:

Send It Packing

1. The cost of materials used for packaging and mailing services during May is $11,550.

2. The prime cost for May is $51,170 (direct materials and labor and direct overhead)

3. The conversion cost for May is $43,700 (labor and overhead)

4. The total cost of services for May is $55,250

5. Income Statement for the month of May

Service Revenues                       $102,100

Cost of services:

Cost of materials used $11,550

Cost direct labor used  25,570

Overhead incurred         18,130  $55,250

Gross profit                                 $46,850

Franchise fee            $5,105

Advertising expense  2,750

Administrative costs  3,650       $11,505

Net income                                $35,345

6. The overhead incurred has $14,050 direct and $4,080 indirect costs.  The direct cost was paid to the courier companies for delivery services.  The indirect costs were incurred for rent, utilities, and insurance.

Explanation:

a) Data and Calculations:

Beginning inventory of materials = $1,050

Purchases of materials =               $11,450

Materials available for use =        $12,500

Ending inventory of materials =       $950

Cost of materials used =              $11,550

Cost direct labor used =               25,570

Overhead incurred =                      18,130

Franchise fee (5% of $102,100)      5,105

Advertising expense =                   2,750

Administrative costs                      3,650

8 0
3 years ago
Monica wants to pursue a degree in psychology and has enrolled in the bachelor of arts program at ashford. her ultimate goal is
solong [7]
Gigabytes?? I am old skool...but I think that may b your answer...Google it tho...
8 0
3 years ago
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Vikki [24]

Answer:

c. democratic

Explanation:

Democratic leadership can also be called participative leadership in this kind of leadership the leader deligates duties just like what Gary Downs did in other to find solution to a problem.

7 0
3 years ago
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sertanlavr [38]

Answer: <em>Internal consistency</em>

Explanation:

In discipline such as research and statistics, internal consistency is referred to as or known as typically or usually a measure that is based on correlations in between different variable and items particularly on a same test or maybe on sub-scale on the larger test. It tends to measure whether variables and items that measure same construct do produce the similar scores.

6 0
3 years ago
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