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2 years ago

If Shawn can produce donuts at a lower opportunity cost than Sue, then ____

Business

1 answer:

Archy [21]2 years ago

4 0

Answer:

(A) Shawn has a comparative advantage in the production of donuts.

Explanation:

Shawn renounce to less goods than Sue when producing donuts.

This meas, Shawn has a comparative advantage in the production of donuts as their cost from the economic point of view are lower.

This do not imply that Sue cannot outproduce Shawn, it means it cost her more than Shawn

For example, if Sue produce 10 Donuts, but to produce donuts resing to produce 20 of other goods, each donut has an opportunity cost of 2

While Shawn can produce 8 donuts and resing to produce 8 of other goods:

each donut has an opportunity cost of 1

Therefore, is better for the overall economy to Shawn produce donuts and trade with Sue for the other good.

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When making an attribution, dan considers how his roommate has behaved in similar situations in the past. dan is using _______ i

Gekata [30.6K]

When making an attribution, Dan considers how this roommate has behaved in similar situations in the past. Dan is using consistency information.

Information consistency refers to the same thing, being consistent, that even though something may be slightly different the outcome remains the same. In this case, Dan is assuming his roommate will make the same behavior choices as he has previously.

7 0

2 years ago

your food-services company has been named as the sole provider of meals at a small university. the cost and demand schedules are

DiKsa [7]

Answer:

The answer is "400 meals at 2.50 dollars a day".

Explanation:

Please find the complete question and the solution in the attachment file.

In this question, when we compare the MR value as well as the MC, the monopolist produces up to the point where MR>MC.

In this, it happens before 400 meals at 2.50 per day and, so "400 meal at 2.50 dollars a day".

8 0

2 years ago

On December 29, 2005, BJ Co. sold an equity security investment that had been purchased on January 4, 2004. BJ owned no other ma

sineoko [7]

Answer:

AFS 2004 market price decline exceeded 2005 market price recovery

No No

The security cannot be classified as available-for-sale because the unrealized gains and losses are recognized in the Income Statement. Unrealized gains and losses on available-for-sale securities are recognized in owners' equity, not earnings.

The second part of the question is somewhat ambiguous. The 2004 price decline could exceed or be exceeded by the 2005 price recovery. The loss in the first year is not related in amount and does not constrain the realized gain in the second year.

The way to answer the question is to read the right column heading as implying that the earlier price decline must exceed the later price recovery. With that interpretation, the correct answer is no.

For example, assume a cost of $10 and a market value of $4 at the end of the first year. An unrealized loss of $6 is recognized in earnings. During the second year, the security is sold for $12. A realized gain of $8 is recognized-the increase in the market value from the end of the first year to the sale in the second year. Thus, the market decline in the first year did not exceed the recovery in year two. (It could have exceeded the recovery in year two but there is no requirement that it must.)

Explanation:

3 0

2 years ago

granted the president and other officials increased power over banks arrowRight established a safety net to assist poverty-stric

Rama09 [41]

Emergency Banking Act granted the president and other officials increased power over banks.

Social Security Administration: it established a safety net to assist poverty-stricken Americans.

National Recovery Administration (NRA): it wrote regulations for fairer labor practices and a fairer market

Civilian Conservation Corps: it employed young men to develop and protect natural resources.

Bank Holidays: it temporarily closed banking operations to prevent further economic damage.

What gave the president the authority to regulate banks?

The Federal Reserve Act was passed by the 63rd United States Congress and signed into law by President Woodrow Wilson on December 23, 1913. The law created the Federal Reserve System, the central banking system of the United States.

What was the Emergency Banking Act of 1933?

The Emergency Banking Act was a federal law passed in 1933. Signed into law by President Franklin D. Roosevelt (D) on March 9, 1933, the act granted the president, the comptroller of the currency, and the secretary of the treasury broader regulatory authority over the nation's banking system.

What does the Civilian Conservation Corps do?

The Emergency Conservation Work Act of 1933 mandated that the Civilian Conservation Corps (CCC) recruit unemployed young men from urban areas to perform conservation work throughout the nation's forests, parks, and fields.

Learn more about banking rights:

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5 0

1 year ago

Puff Co. acquired 40% of Straw, Inc.'s voting common stock on January 2, Year 1, for $400,000. The carrying amount of Straw's ne

Sonbull [250]

Answer:

Investment revenue = $52,000

Explanation:

Since Puff uses the equity method, the original journal entry to record the purchase of 40% of the shares should have been:

Dr Investment in Straw 400,000

Cr Cash 400,000

After one year, Straw earned $150,000 in net income, but it also had equipment with a fair market value higher than carrying value also depreciable by $100,000. So the net income must be adjusted = $150,000 - ($100,000 x 20%) = $130,000. The journal entry to record the adjusted income should be ($130,000 x 40%):

Dr Investment in Straw 52,000

Cr Investment revenue 52,000

8 0

2 years ago