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Natalka [10]
3 years ago
11

Suppose that a worker in Agland can produce either 10 units of organic grain or 2 units of incense per year, and a worker in Zen

land can produce either 5 units of organic grain or 15 units of incense per year. There are 20 workers in Agland and 10 workers in Zenland. Currently the two countries do not trade. Agland produces and consumes 100 units of grain and 20 units of incense per year. Zenland produces and consumes 50 units of grain and no incense per year. If each country made the decision to specialize in producing the good in which it has a comparative advantage, then the combined yearly output of the two countries would increase by
A) 30 umits of grain and 10 units of incense. and 100 units of incense
B) 30 units of grain 30 units of grain and 150 units of incense.
C) 50 units of grain and 90 units of incense.
D) 50 units of grain and 130 units of incense
E) 50 units of grain and 130 units of incense.
Business
1 answer:
dybincka [34]3 years ago
8 0

Answer:

D) or E) (are this the same?) 50 units of grain and 130 units of incense

Explanation:

Agland has an advantage producing Organic grain, and Zealand producing Incense, So:

If Agland specialices in producing organic grain it would produce with 20 workers 200 units of grain a year.

If Zealand specialices in producing Incense, it would produce with 10 workers 150 units of incense a year.

This gives a Total combined output of 200 units of grain and 150 unit of incense a year.

Given that the total current output of the two countries is 150 units of grain and 20 units of incense it would increase in 50 units of grain and 130 units of incense.

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An automobile manufacturer produces and sells the Energy-Saver Car in North America. It also produces and sells the Smart Little
Sergio039 [100]

Answer:

We will get $7680(thousands)

Explanation:

Answer

If we read the given data values in the passage, it is clear that the mean annual number of smart little cars in china is 7500 and the variance is equal to 6400

The variance is given for the number of cars, but not for the profit.

So, we need to convert the numerical value(number of cars) to money value(profit)

it is given that net revenue per car is $1.2 (thousands)

So, multiplying the net revenue by number of cars

we get, variance in profit = 6400*1.2 = $7680 (thousands)

3 0
3 years ago
Which of the following is true about open-end mutual funds?
strojnjashka [21]
The truth about open-end mutual funds is that they <span>are bought or sold at their net asset value.

</span><span>Open-end mutual fund is a type of fund which shares are bought and sold on demand at their net asset value, or NAV, which is based on the value of the fund's underlying securities and is generally calculated at the close of every trading day.</span>
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3 years ago
Harvey and Liza are discussing ethics. Harvey says that ethics is a range of moral principles that steers our behavior. Liza say
swat32
B. Only Harvey is correct
5 0
3 years ago
Asteroid Industries accumulated the following cost information for the year: Direct materials $16,000 Indirect materials 4,000 I
Serhud [2]

Answer:

The answer would be $53000.

Explanation:

In simplest words, factory overhead costs or manufacturing overhead costs are the total amount of costs associated with the making of the product or on other factory tasks.  

Total manufacturing cost is found by adding all the cost of direct materials, direct labor and overheads. It is shown as below:

Total Overhead Cost = Direct materials + Direct Labor + Overheads

Here direct materials are $16000

Direct Labor = $37000

There are no overheads costs given, so overhead costs will be = 0

Now substituting the values in the formula, we get the following:

Total Overhead cost = 16000+37000+0= $53000

3 0
3 years ago
Pulau Penang Island Resort. Theresa Nunn is planning a 30-day vacation on Pulau Penang, Malaysia, one year from now. The present
Studentka2010 [4]

Answer:

A) $10124.83

B) 1.0125%

Explanation:

1) We are told that the present charge for a luxury suite is RM 1,045/day.

This means that the charge after one year will also include inflation charge.

Thus;

Charge after 1 year = 1045 × (1 + 2.75%)

= 1045 × 1.0275 = RM 1,073.7375 per day

For 30 days, charge is;

1073.7375 × 30 = RM 32212.125

Spot exchange rate in 1 year = spot rate × (1 + RM inflation rate)/(1 + US inflation rate)

Spot exchange rate in 1 year = 3.135 × (1 + 2.75%)/(1 + 1.25%) = 3.135 × 1.0275/1.0125 = 3.1815

Cost needed one year to pay for 30 day vacation = 32212.125/3.1815 = $10124.83

B) percent by which the dollar cost will have gone​ up = (10124.83/10000) × 100% = 1.0125%

3 0
3 years ago
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