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IgorC [24]
3 years ago
6

Assume the United States can use a given amount of its resources to produce either 20 airplanes or 8 automobiles and Japan can e

mploy the same amount of its resources to produce either 20 airplanes or 10 automobiles. The U.S. should specialize in:
both goods.
neither goods.
automobiles.
airplanes.
Business
1 answer:
Karo-lina-s [1.5K]3 years ago
6 0

Assume the United States can use a given amount of its resources to produce either 20 airplanes or 8 automobiles and Japan can employ the same amount of its resources to produce either 20 airplanes or 10 automobiles. The U.S. should specialize in airplanes.

Answer: Option D

<u>Explanation:</u>

The resources which are used to produce goods are available in limited amount in the economy. But these resources can be used for alternative purposes and producing various goods. So the producers should focus on the optimum utilization of the resources.

The United States of America can produce 20 airplanes with that amount of the resources, so it should specialist in producing air planes and not on the production of the auto mobiles. Because it can produce only 8 automobiles.

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lisabon 2012 [21]

Answer:

a. What is the MRP per driver per day?

  • the marginal revenue product per driver = 60 packages x $20 = $1,200 per day

b. Now suppose that a union forces the company to place a supervisor in each vehicle at a cost of $300 per supervisor per day. The presence of the supervisor causes the number of packages delivered per vehicle per day to rise to 60  packages per day What is the MRP per supervisor per day? By how much per vehicle per day do firm profits fall after supervisors are introduced?

  • if the drivers were already delivering 60 packages per day without the supervisor, then the addition of the supervisor doesn't change anything. So the MRP of the supervisor is $0. That means that the company's profits will decrease by $300 per day due to the supervisors.

c. How many packages per day would each vehicle have to deliver in order to maintain the firm's profit per vehicle after supervisors are introduced?

  • $300 / 20 = 15 packages per day
  • in order to maintain the profit per vehicle, each team of delivery man + supervisor should be able to deliver 75 packages per day.

d. Suppose that the number of packages delivered per day cannot be increased but that the price per deliver might potentially be raised. What price would the firm have to charge for each delivery in order to maintain the firm's profit per  vehicle after supervisors are introduced?

  • $300 / 60 = $5
  • the price of each package delivered should increase by $5 to $25 per package.
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3 years ago
In the context of the skills that good managers should possess, which of the following statements is true of managers with a mot
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Answer:

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Explanation:

bcoz they want to motivate the employees to

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The blurring of the lines separating the subsets of the financial industry started in the <span>1990s. The blurring of the lines that separate the subsets of the financial industry was initiated in the 1990s under the regime of the president of the US, Bill Clinton. At the time, the financial products were mainly loans, payment services, deposits, savings, and fiduciary services. </span>
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