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3 years ago

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

Business

1 answer:

Archy [21]3 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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The objectives of internal control are to a.prevent fraud and promote the social interest of the company b.provide control over

Marina86 [1]

Answer:

d.provide reasonable assurance that assets are safeguarded and used for business purposes, financial reports are accurate, and laws and regulations are complied with.

Explanation:

The purpose of internal controls is to provide reasonable assurance that assets are safeguarded and used for business purposes, financial reports are accurate, and laws and regulations are complied with.

By definition: An internal control is a procedure or policy put in place by management to safeguard assets, promote accountability, increase efficiency, and stop fraudulent behavior.

Summarily, internal controls are put in place as a process to prevent employees from stealing assets or committing fraud.

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2 years ago

Falcon Co. produces a single product. Its normal selling price is $26 per unit. The variable costs are $16 per unit. Fixed costs

xxTIMURxx [149]

Answer:

Effect on income= $10,290 increase

Explanation:

Giving the following information:

Falcon can handle the special order, and for this order, a variable selling cost of $2 per unit would be eliminated.

Because it is a special order that would not affect current sales, we won't take into consideration the fixed costs.

To calculate the effect on income, we need to use the following formula:

Effect on income= Number of units sold*unitary contribution margin

Effect on income= 1,470*(21 - 14)

Effect on income= $10,290 increase

6 0

2 years ago

Use this with "kind." True False

Licemer1 [7]

That makes no since ..

3 0

2 years ago

Read 2 more answers

What Generation expected immigrants to assimilate and become "American" to the extent of expecting to alter their names upon arr

Anna [14]

Probably millennials

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2 years ago

Your company is interested in producing and marketing a line of coffee that will penetrate the European market. Your firm is wil

Mrac [35]

A franchise can be used.

<h3>Explanation:</h3>

Franchise refers to the authorization that is given by the government for involving in commercial activities. It is the permission that is obtained legally for using the ideas, expertise and processes of some one else with their permissions.

In the example given, a firm is willing to provide all necessary materials for the preparation of coffee and wants to penetrate the European market. The company here provides all the equipment, ingredients, trademarks and operating systems and hence it can make use of franchise type of strategy.

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2 years ago