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3 years ago

Consumption Goods Capital Goods

1 answer:

7 0

Answer: b. Because the opportunity cost of the fourth unit of capital is the consumption goods that must be given up for this economy to move from three units of capital to four units of capital, but the opportunity cost of four units of capital is the amount of consumption goods that must be given up to go from zero units of capital to four units of capital.

Explanation:

The opportunity cost of the 4th unit of capital refers to how many units of consumption need to be given up for the economy to move from the third unit to the forth unit of capital. In other words, the economy needs to give up 4 more goods to move from the 3rd unit of capital to the fourth.

But if the Economy was to produce the entire 4 units of capital it would have to give up the entire 10 units of consumption in total.

You might be interested in

What is the wholesaling industry??

FromTheMoon [43]

Wholesaling is the opposite of retailing. In a wholesaling industry, goods or products are being sold, and distributed to retailers. The wholesalers receives large quantities of these products and they are the ones who sells these to the retailers which are then sold to consumers. Hope this answers your question.

4 0

4 years ago

Steve is interested in learning how to be a single agent business broker. he needs to know the steps in selling a business. all

RSB [31]

I think the correct answer to this would be:

“Represent the buyer and obtain a purchase agreement.”

<span>This is because the broker only acts as a middle man. Brokers only handle customer orders to buy and match them up with sellers who are willing to sell. The job stated above is already handled by the realtors or buyers themselves.</span>

6 0

3 years ago

Donna's Restaurant is a popular café that specializes in home-cooked meals, friendly service, and a menu that contains vegan and

Citrus2011 [14]

Answer: True

Explanation: Strategic positioning refers to the different position a company makes by taking certain actions and implementing some special strategies.

In the given case, Donna's restaurant is offering some services to the customers that no other entity in the industry is serving, which is resulting in a unique image of Donna in the industry.

Thus, from the above we can conclude that the answer is true.

5 0

3 years ago

A copy machine cost $ 45 comma 000 when new and has accumulated depreciation of $ 44 comma 000. Suppose Print and Photo Center s

natita [175]

Answer:

The disposal resulted was at D. No gain or loss

Explanation:

The gain or loss on disposal on a fixed asset is calculated by comparing the sales proceeds from disposing off the asset and the carrying value of the asset.

The carrying value of the asset is its net book value which is calculated as follows,

Carrying value = Cost - Accumulated depreciation

If the carrying value is equal to the sales proceeds from disposal, there is no gain or loss.

The carrying value of copy machine was = 45000 - 44000 = $1000

The sales proceeds were also $1000

Thus, gain/loss on disposal = 1000 - 1000 = $0

Thus, there was no gain or loss on disposal.

6 0

4 years ago

Read 2 more answers

Thirty-five percent of the sales on account are collected in the month of sale, 45% in the month following sale, and the remaind

OlgaM077 [116]

Answer:

The amount of cash collected in March should be:

$51,000.

Explanation:

a) Data and Calculations:

Budgeted sales and Cash Collections:

January February March April

Total sales $50,000 $60,000 $40,000 $30,000

Collections:

35% month of sales 17,500 21,000 14,000 10,500

45% month following 22,500 27,000 18,000

20% second month 10,000

Total collections in March $51,000

b) The above calculations concentrated on the month of March, being the month of interest. Though, sales on account totals $40,000, the cash collections for the month amounts to $51,000. This arises from cash collections from the months of January and February.

4 0

3 years ago