Answer: Juanita
Explanation:
Given the following :
Time required for Juanita to complete task = 30 minutes
Time required for Gilberto to complete task = 3 hours
Juanita's earning per hour = $120
Gilberto's earning per hour = $25
Juanita's opportunity cost = $120 × 30 minutes
= $120 × 0.5 = $60
Gilberto's opportunity cost = $25 × 3 hours
= $25 × 3 = $75
Therefore, Juanita has the lower opportunity cost of completing the task.
Answer to a:
The number of years for which the deposits will be made is given by:
= Retirement age - current age
= 65 - 23
= 42 years
Holding all else equal, will increasing the efficiency units of labor lead to sustained growth? Why? Yes, although it will lead to sustained growth only if individuals learn the correct skills as determined by the type of physical capital available.
Answer:
the break even point in units is 5,000 units
Explanation:
The computation of the break even point in units is shown below:
= Fixed cost ÷ contribution margin per unit
= Fixed cost ÷ (Selling price per unit - variable cost per unit)
= $50,000 ÷ ($14 - $4)
= $50,000 ÷ $10
= 5,000 units
hence, the break even point in units is 5,000 units
We simply applied the above formula so that the correct value could come
And, the same is to be considered
Answer:
The correct answer is: forward vertical integration.
Explanation:
Forward vertical integration is a way to grow a business by integrating into a new link in the value chain in which the company operates. Forward integration occurs when, for example, a manufacturer creates its own network of stores to sell its products. On the contrary, a case of backward vertical integration would be the assumption of a retailer that decides to create its own line of products to sell in its store.