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sergij07 [2.7K]
3 years ago
13

Ted can wax a car in 20 minutes or wash a car in 60 minutes. Tom can wax a car in 15 minutes or wash a car in 30 minutes. What i

s each man’s opportunity cost of washing a car? Ted's opportunity cost of washing one car is wax jobs. Tom's opportunity cost of washing one car is wax jobs. Who has a comparative advantage in washing cars?
Business
1 answer:
babymother [125]3 years ago
4 0

Answer:

0.33

0.5

Ted

Explanation:

Ted's opportunity cost = 20 / 60 = 0.33

Tom's opportunity cost = 15 / 30 = 0.5

A person has comparative advantage in an activity if he carries out the activity at a lower opportunity cost when compared with other people.

Thus, ted has an opportunity cost in washing cars.

I hope my answer helps you

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Answer:

The correct answer is letter "A": Unexpected increases in the number of suppliers.

Explanation:

Frauds or money cleansing usually requires the help of a network of different business interconnected to clear the illegal funds with the excuse of having made commercial activities that never took place. In most cases, accounting documents are faked so that the proceeds of the questionable funds may seem as legal as possible.

In that case, if a company counts with more suppliers and fraud is taking place in the organization, <em>they will have the excuse of making more payments so more funds can go out of the company</em>.

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3 years ago
Automobile firms can use their inputs to make hybrid cars or "regular" (non-hybrid) cars. If the equilibrium price of hybrid car
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Answer: a) an increase in the Equilibrium price of "regular" cars.

Explanation:

It is stated that the automobile companies use their inputs to make either the <em>hybrid cars</em> or the <em>regular cars</em>.

If the price of the <em>Hybrid cars</em> rises sharply, Automobile companies will make more <em>Hybrid cars</em> so as to take advantage of the situation and make more profit.

This would reduce the amount of inputs that they have available for <em>regular cars</em> and so they will make less <em>regular cars. </em>

As this supply of <em>regular cars</em> decreases,the supply curve will shift to the left and the price will increase to cater for this reduction in supply.  

7 0
3 years ago
A brand community refers to the:
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Answer:

The correct answer to the following question will be Option D.

Explanation:

  • A community or culture under which customers meet & connect who shares a collection of social relationships based on use or involvement in such a commodity, termed as a Brand community.
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The other three choices are not related to this type of community. So that Option D is the right answer.

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It’s B or D i would think but I can’t be for positive.. sorry if it’s wrong
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