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
anygoal [31]
3 years ago
9

If he devotes all of his available resources to cantaloupe production, a farmer can produce 120 cantaloupes. If he sacrifices 1.

5 watermelons for each cantaloupe that he produces, it follows that:____________
A. If he devotes all of his available resources to watermelon production, then he can produce 80 watermelons.
B. He cannot have comparative advantage over other farmers in producing cantaloupes.
C. His opportunity cost of one watermelon is 2/3 of a cantaloupe.
D. His production possibilities frontier is bowed-out.
Business
1 answer:
MrMuchimi3 years ago
6 0

Answer:

C. His opportunity cost of one watermelon is 2/3 of a cantaloupe.

Explanation:

Opportunity cost refers to units of production sacrificed of one good to produce an extra unit of another good.

In the given case, for every 1 unit of Cantaloupe, a farmer is required to sacrifice the production of 1.5 units of watermelon.

This means, production of 1 cantaloupe = production of 1.5 water melons.

Thus, to produce an additional unit of watermelon, sacrifice of 1/1.5 cantaloupe is required.

This means, the farmer's opportunity cost of one watermelon in the form of cantaloupe sacrificed is 2/3 of a cantaloupe.

You might be interested in
What key features should you point out when demonstrating 2022 kicks’ efficient performance?.
SVETLANKA909090 [29]

Xtronic CVT, D-step transmission tuning and 1.6-liter DOHC engine are the key features to point out when demonstrating the  kicks’ efficient performance.

<h3>What is the Kick efficient performance?</h3>

The vehicle's efficient performance is a features that aims to increase the performance of the car engine while being driven.

Hence, the key features to point out when demonstrating the  kicks’ efficient performance includes:

  • Xtronic CVT
  • D-step transmission tuning  
  • 1.6-liter DOHC engine

Read more about efficient performance

<em>brainly.com/question/17370171</em>

6 0
2 years ago
The new-product process starts with new-product strategy development. Place the steps that follow this one in order. (In other w
nalin [4]

Answer:

1. New-product strategy development.

2. Idea generation.

3. Screening and evaluation.

4. Business analysis.

5. Development.

6. Market testing.

7. Commercialization.

Explanation:

New product strategy is the first one as described and the remaining are briefed below:

Idea Generation: This steps creates the idea for how the product shall be created.

Screening and evaluation: This helps in evaluating the idea generated and comparing it with the practical manner.

Business Analysis aims at analyzing the business prospect of the new product.

Development is done once all of the above steps are in affirmation.

Market testing is done after the development about the market captured by the product or to be captured.

Commercialization basically aims at the proper introduction of the product in the market.

8 0
3 years ago
A very large company would be most likely to have a(n) ___ at the ahead of its accounting department.
kati45 [8]
D - Accounting manager : they supervise, monitor and evaluate all day-to-day accounting activities.

Hope that helped :)
4 0
2 years ago
Read 2 more answers
Tax laws permit installment sales, which are recognized in the year of sale for financial reporting purposes, to be reported in
Lera25 [3.4K]

Answer:

lower; higher.

Explanation:

Taxation can be defined as the involuntary or compulsory fees levied on individuals or business entities by the government to generate revenues used for funding public institutions and activities.

The different types of tax include the following;

1. Income tax: a tax on the money made by workers in the state. This type of tax is paid by employees with respect to the amount of money they receive as their wages or salary.

2. Property tax: a tax based on the value of a person's home or business. It is mainly taxed on physical assets or properties such as land, building, cars, business, etc.

3. Sales tax: a tax that is a percent of the price of goods sold in retail stores. It is being paid by the consumers (buyers) of finished goods and services and then, transfered to the appropriate authorities by the seller.

Generally, installment sales are permitted or allowed by the tax laws in a country. Typically, they are recognized in the year of sale for the purpose of financial reporting. Also, installment sales for any goods or services are to be reported in the tax return, at a later time when cash is received from the customer (buyer).

This results in a deferred tax liability because taxable income is lower than financial income in the year of sale, and higher than financial income in later years when collected.

7 0
2 years ago
Jane Westerlund owns a picture-framing store, The Caplow Co. The average price she receives for a framed picture is $120. This p
Olegator [25]

Answer:

this would cause total costs to Increase and the break-even quantity to Increase.

Explanation:

Total Cost is the Sum of All Manufacturing and Non-Manufacturing  Cost of a product.

Advertising expense before adjustments are at $500. The cost of advertising does not vary with the sales quantities therefore this is a fixed cost.

Therefore an Increase in the advertising expense causes an increase in Total cost figure.

Break even quantity is a function of Fixed Costs divided by Contribution per unit.The break even quantity will definitely change. By increasing the fixed costs (<em>Advertising Expense</em>), the Break even quantity will increase.

5 0
3 years ago
Read 2 more answers
Other questions:
  • 3. Ashley, Nikki and Jared all selected identical new cars at the same price. Ashley, bought the car with some of his own money
    12·2 answers
  • Why do your feet stink
    13·1 answer
  • Hailey purchased furniture for her living room and spent quite a bit of money. After she purchased it, she started regretting th
    12·1 answer
  • In January 2016, Vega Corporation purchased a patent at a cost of $200,000. Legal and filing fees of $50,000 were paid to acquir
    8·1 answer
  • Which amendment to the constitution legalized income tax?
    14·1 answer
  • Which of the following statements about portfolio diversifications are correct? Check all that apply. The risk of a portfolio de
    8·1 answer
  • Departmental overhead rates are preferred over plantwide rates when: Multiple Choice The plant makes a single product. The produ
    5·1 answer
  • On January 1, 2019, Patrick Polk purchased real estate as an investment. On April 1, 2019, Patrick exchanged it for other real e
    8·1 answer
  • Do some research on the Internet and explain what a flat organization structure refers to and then provide an example and explai
    11·1 answer
  • A notary signing agent wants to stand out from other nsas by guaranteeing to borrowers and contracting companies that all of her
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!