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vlada-n [284]
3 years ago
8

Suppose that a worker in Radioland can produce either 4 radios or 1 television per year, and a worker in Teeveeland can produce

either 2 radios or 4 televisions per year. Each nation has 100 workers. Also suppose that each country completely specializes in producing the good in which it has a comparative advantage. If Radioland trades 100 radios to Teeveeland in exchange for 100 televisions each year, then each country's maximum consumption of new radios and televisions per year will be
Business
1 answer:
olga_2 [115]3 years ago
3 0

Answer:

300 radios, 100 televisions in Radioland and 100 radios, 300 televisions in Teeveeland

Explanation:

This question has been answered by in two parts

1. Radioland

Each worker can produce either 4 radios or 1 television

The country has a total of 100 workers

Radioland specializes in radio production because it has comparative advantage in this good, therefore Radioland will only produce radios.

Therefore, the total number of radios it will produce per year

= 4 radios per worker * 100 workers

= 400 radios.

If Radioland trades 100 radios to Teeveeland in exchange for 100 televisions each year, Radioland will end up with

= 400 radios - 100 radios (to Teeveeland) + 100 televisions (from Teeveeland)

= 300 radios + 100 televisions in Radioland.

2. Teeveeland

Each worker can produce either 2 radios or 4 televisions

The country has a total of 100 workers

Teeveeland specializes in television production because it has comparative advantage in this good, therefore teeveeland will only produce television.

Therefore, the total number of televisions it will produce per year

= 4 televisions per worker * 100 workers

= 400 televisions.

If Teeveeland trades 100 televisions to Radioland in exchange for 100 radios each year, Teeveeland will end up with

= 400 televisions - 100 televisions (to Radioland) + 100 radios (from Radioland)

= 300 televisions + 100 radios in Teeveeland.

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lakkis [162]

Answer:

Option D , $15.12

Explanation:

Weighted-average method :

Materials

Units transferred to the next department = 10,300

Ending work in process:

Materials: 1,200 units × 90%  = 1080

Equivalent units of production  =10,300+1080= 11,380

Materials

Cost of beginning work in process inventory= $2,700

Costs added during the period  = $173,900

Total cost (a)  =$173,900+$2,700 = $176,600

Equivalent units of production (b)= 11,380

Cost per equivalent unit (a) ÷ (b) = $15.51

The cost per equivalent unit for materials for the month in the first processing department is closest to $15.51

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3 years ago
On June 1, 2021, Dirty Harry Co. borrowed cash by issuing a 6-month noninterest-bearing note with a maturity value of $420,000 a
Inessa [10]

Answer:

$413,000

Explanation:

Calculation to determine the carrying value of the note as of September 30, 2021

Carrying value=[$420,000 - ($420,000 .010*6/12)]+ [($420,000 .010*6/12)*4/6]

Carrying value=[$420,000-$21,000]+ ($21,000*4/6)

Carrying value=[$420,000-$21,000]+ $14,000

Carrying value=$399,000+ 14,000

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Therefore the carrying value of the note as of September 30, 2021 is $413,000

4 0
3 years ago
Read 2 more answers
Q. An urban planner is designing a new urban housing development. It will have fiveapartment buildings, two basketball courts, a
Scrat [10]

Complete Question:

An urban planner is designing a new urban housing development in a currently rural area near an existing city. The urban development will have five 10-story apartment buildings, two basketball courts, a playground with permeable foam pavers, a 10-acre green space with a small man-made pond, one 5-story parking deck, and direct access to the mass transit train line. Which of the following aspects of the design for this new urban development will best help to reduce the amount of carbon dioxide released into the atmosphere?

A. The land cleared to build the new development occurs in a rural area rather than within the city limits.

B. The playground is made with permeable foam pavers rather than with impervious concrete.

C. Access to the mass transit train line will provide inhabitants an alternative to driving personal vehicles.

D. Food and other resources must be transported to the development from up to 200 miles away.

Answer:

Access to the mass transit train line will provide inhabitants an alternative to driving personal vehicles.

Explanation:

The best option that will help to reduce the amount of carbon dioxide released into the atmosphere is to create access to the mass transit train line which will consequently provide inhabitants an alternative to driving personal vehicles.

8 0
3 years ago
The production team of U Sandals that manufactures women's footwear has determined the quantity of leather, threads, labor, and
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Answer:

D) multifactor productivity

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t the end of the year, the records of NCIS Corporation provided the following selected and incomplete data: Common stock ($10 pa
choli [55]

Answer:

1. Required tabulation is the Shares Authorized, the Shares Issued and the Shares Outstanding

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Shares Outstanding

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= 150,000 shares

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= (14 - 10 ) * 155,000

= $620,000

3. Earnings per share

= Net Income/ Shares outstanding

= 297,000/150,000

= $1.98

4 0
3 years ago
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