1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
wolverine [178]
2 years ago
14

The production possibilities curve below shows the hypothetical relationship between the production of guns (national defense) a

nd butter (social goods) in an economy. Combination Guns Butter A 0 4 B 14 3 C 26 2 D 36 1 E 44 0 What is the marginal opportunity cost of producing the second unit of butter? What is the total opportunity cost of producing the second unit of butter? What is the marginal opportunity cost of producing the third unit of butter? What is the total opportunity cost of producing the third unit of butter?
Business
1 answer:
balu736 [363]2 years ago
3 0

Answer:

Marginal opportunity cost is the number of units of good 1 that are sacrificed for producing an additional unit of other good.

A) If we increase the production of butter from 1 to 2 then Guns production decreases from 36 to 26. Thus opportunity cost of second unit of butter is 10 guns.

B) Total opportunity cost of 2nd unit of butter = 18 guns

C) marginal opportunity cost of producing the third unit of butter = 12 Guns

D) Total opportunity cost of third unit of butter = 30 Guns

You might be interested in
I am conducting a survey as a project. I need ur help Which one you like 1. Ferrari 2. Lamborghini 3. Mclaren and why?? ( If you
Ne4ueva [31]

Answer:

Explanation:

Compared to the McLaren, the Lamborghini has less power, a heavier engine, and less active aerodynamic designs. This allows the Huracán Performante to be an excellent supercar with extreme sounds, feels, and the excitement of a Lamborghini, but in performance the McLaren is superior.

7 0
3 years ago
The opening of which canal significantly reduced the time and money required to ship goods between the east coast and the west c
bazaltina [42]

Answer:

The Erie Canal

Explanation:

When it opened it dramatically decreased the cost of shipping while reducing the time to travel to the West.

8 0
2 years ago
Select the correct point on the graph. Which point on the graph indicates the lowest quantity supplied of goods? 9.00 8.00 Price
disa [49]

Answer:

It would be A

Explanation:

3 0
2 years ago
Prepare the issuer's journal entry for each of the following separate transactions. On March 1, Atlantic Co. issues 44,500 share
steposvetlana [31]

Answer and Explanation:

The journal entries are shown below;

On March 1

Cash A/c $303,500

     To Common Stock $3 Par value (44,500 × $3) $133,500

       To Paid in capital in excess of par value $170,000

(Being the common stock issued is recorded)

On April 1

Cash $74,000

      To Common Stock, no par value $74,000

(Being the common stock issued is recorded)

On April 6

Inventory $43,000

Machinery $155,000

 To Common Stock (2,400 ×$20) $48,000

 To Notes payable $93,000

  To Paid in capital in excess of par value $57,000

(Being the shares are issued)

3 0
3 years ago
he following production data were taken from the records of the Finishing Department for July: Inventory in process, July 1, 30%
natita [175]

Answer:

The total equivalent units for conversion costs is 40,600.

Explanation:

Under the first-in, first-out method, units that were incomplete for last year are the first to be completed, followed by units started during the year.

<u>Calculation of the total equivalent units for conversion costs :</u>

To Finish Opening Work In Process (5,000 × 70%) =   3,500

Started and Completed ((40,500 - 5,000) × 100 %) = 35,500

Closing Work In Process ( 4,000 × 40%)                  =    1,600

Total equivalent units for conversion costs             = 40,600

Conclusion :

The total equivalent units for conversion costs is 40,600.

5 0
3 years ago
Other questions:
  • _______ is the efforts of independent individuals, groups, and organizations to protect the rights of consumersa) sustainability
    14·1 answer
  • Your division is considering two projects with the following cash flows (in millions):
    5·2 answers
  • Pollachek Co. purchased land as a factory site for $430000. The process of tearing down two old buildings on the site and constr
    8·1 answer
  • A high degree of _______ means you can accurately assess your own strengths and limitations and have a healthy sense of self-con
    14·1 answer
  • During the accounting period, the company purchased $234,000 of direct raw materials. it incurred $180,000 of direct labor costs
    11·1 answer
  • Vanessa contributed $20,000 of cash and land with a fair market value of $100,000 and an adjusted basis of $40,000 to Cook, Inc.
    10·1 answer
  • Internal processes of a company contribute to the company's overall effectiveness. Identifying ways to improve internal processe
    8·1 answer
  • The flow of information and ideas from one person to another involving a sender method of transmitting the idea or content and r
    7·1 answer
  • g Sparky Corporation uses the weighted-average method of process costing. The following information is available for February in
    5·1 answer
  • Why is productivity growth considered to be the most important factor in the ad/asad/as model?
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!