The answer is 20 because 30 is 20 but in a different hdhwgegdhdhbshehdhdb way
Answer: d. Uncle John's
Absolute Advantage refers to the ability of an individual, company, region or country to produce a particular product or service at a price lower than that of his or her or its competitors.
When the price for the company's products are lower in comparison to other similar products, the demand for its products are more and it's able to sell more number of units than its competitors.
In this case, Uncle John's has the absolute advantage since it sold the most number of cookies (125)
Answer: Economics studies the behaviour of human beings when there is scarcity and choices have to be made.
Explanation:
Economics is a social science i.e study of human behavior in relation to the manufacturing, distribution and consumption of products. Economics focal point is the interaction and behaviour of economic agents (households, firms and governments) and how economies work.
Economics is divided into microeconomics and macroeconomics. Microeconomics deals with the small elements in the economy such as interaction of markets and prices of certain products. Macroeconomics deals with the whole economy and issues discussed include unemployment, economic growth, inflation etc.
Answer:
$170,000
Explanation:
The computation of the total cost to be accounted is shown below:
= Beginning work in process units + cost of units transferred out
= $18,000 + $152,000
= $170,000
In order to compute the total cost to be accounted we simply added the beginning work in process units and the cost of units transferred out so that the exact value could come
<u>Answer:</u>
<em>A creation conceivable outcomes outskirts demonstrates the most extreme sum that an economy can deliver.</em>
<u>Explanation:</u>
The creation plausibility outskirts is a marginalist model that mirrors the most extreme amounts of merchandise and ventures that a nation or endeavour is fit for delivering in a given period and dependent on certain generation factors and innovative learning. Hence there are three circumstances in the profitable structure of a nation or endeavour:
- Inefficient beneficial structure: When it is underneath the PPF, that is, either all assets are not utilized (inactive assets), or the innovation isn't satisfactory.
- Efficient beneficial structure: It is situated before the fringe or near it. There are no inactive assets and the best innovation is being utilized.
- Unattainable beneficial structure: It is over the generation potential outcomes. It is hypothetical since no nation or endeavour can deliver past its ability.
