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AURORKA [14]
2 years ago
5

Regan grows flowers and makes ceramic vases. Jayson also grows flowers and makes ceramic vases. Regan can produce 3 times as man

y vases in a day as Jayson, and Regan can grow twice as many flowers in a month as Jayson. Who would gain from trade between Regan and Jayson?
Business
2 answers:
Dominik [7]2 years ago
7 0

Answer:

B

Explanation:

its the only obviose answer

klasskru [66]2 years ago
3 0

Answer:

Both would gain

Explanation:

Regan and Jayson are two people who are in the same business or trades. They both grows flowers and make ceramic vases.

But Regan is better in producing both the items. Regan produces ceramic vases 3 times in a day as many vases Jayson produces and can grow twice as many flowers as Jayson in a month.

Now both Regan and Jayson can do the business and benefit if they try to focus on the comparative advantage of the market.

Hence both Regan and Jayson will gain from the trade.

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Which industry is the source of essential raw materials?
Snezhnost [94]
<span>C.) Agriculture, Forestry, and Fishing
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Those are all a source of raw materials. 
4 0
3 years ago
Read 2 more answers
Building Supplies is considering a merger with Tools and More. Building's total operating costs of producing services are $4 mil
Natalka [10]

Answer:

We generally calculate total average cost by dividing total cost / total output units.

In this case, we are not given the output units, but instead we are given the output value, so we should find a percentage from total revenue.

total costs = $4,800,000

total revenue = $20,000,000 + $5,000,000 = $25,000,000

average total cost = ($4,800,000 / $25,000,000) x 100 = 19.2%

This means that for every $100 of revenue, the merged company will spend $19.20.

7 0
3 years ago
Marissa gives Larry a check in payment for a computer that she is buying from him. She writes the check to Cash. Larry then give
Lena [83]

Answer: personal

Explanation:

Based on the information given with regards to the question, this is a personal defense. A personal defense occurs when there's a breach of contract whereby there was issuing of the negotiable instrument.

In this case, Marissa writes the check to Cash but Larry then gives the check to Gary Graduate his nephew, without indorsing it, as a graduation gift

8 0
3 years ago
he Acmeville Metropolitan Bus Service currently charges $0.99 for an all-day ticket, and has an average of 433 riders a day. The
DedPeter [7]

Answer:

2.77

the bus company should  decrease price to increase revenues.

Explanation:

Price elasticity of demand measures the responsiveness of quantity demanded to changes in price of the good.

Price elasticity of demand = percentage change in quantity demanded / percentage change in price

If the absolute value of price elasticity is greater than one, it means demand is elastic. Elastic demand means that quantity demanded is sensitive to price changes.

Demand is inelastic if a small change in price has little or no effect on quantity demanded. The absolute value of elasticity would be less than one

Demand is unit elastic if a small change in price has an equal and proportionate effect on quantity demanded.

percentage change in price = 1.21 / 0.99 - 1 = 0.222 = 22%

Percentage change in quantity demanded = 169 / 433 = -0.6097 = - 60.97%

Elasticity of demand = 60.97% /  22% = 2.77

Demand is elastic, so if price in reduced, there would be a rise in quantity demanded that would exceed the rise in price. This would increase revenues

3 0
3 years ago
Ally Bank advertises "24/7 live customer care," which means that customer can call by telephone and speak with a human being abo
Sidana [21]

Answer:

Ally Bank is emphasizing the Empathy dimension of service quality

Explanation:

Empathy -

It refers to the practice of providing proper attention and help to consumers , is referred to as empathy .

In companies these practice is done in order to help the consumers in the best possible manner , which will in turn help the company with good feedback and profit .

Hence , from the given scenario of the question ,

The correct answer is empathy .

4 0
3 years ago
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