Arturo would incur an opportunity cost of 36 burritos if he increased his production of tacos by 27
<h3>How to find the opportunity cost</h3>
opportunity cost of Burritos
= 400 / 300
= 1.33
The opportunity cost of Tacos
300 / 400
= 0.75
For the tacos produced we would have
opportunity cost of tacos x opportunity cost that was incurred
= 36 * 0.75
= 27
Hence we would conclude by saying that Arturo would incur an opportunity cost of 36 burritos if he increased his production of tacos by 27
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complete question
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Answer:
There is no change in consumers' or producers' well being
Explanation:
Currently consumers of vodka were levied tax of $2. However, government decided to provide tax relief to consumers and shift the burden on producer. There will be no change in the well being of consumers and producers.
Tax is a cost that shifts demand curve if consumers pay tax. Supply curve shifts if producers pay tax. The overall effect, however remains the same. If producers pay tax, cost per unit vodka will increase which will be reflected increased prices. Similarly, if consumers pay tax, they will demand lesser. so there is no change overall.
Highest growth rate based on GDP rate is found in Japan. This has been an ongoing trend for the last 100 years.
Answer:
Accounts Receivable (baht)
3,000
Foreign Currency Transaction Gain
3,000
Explanation:
U.S. dollar equivalent value: = $31,000/.031 = 1,000,000
$31,000 = Baht 1,000,000 x $.031 March 1 spot rate
$34,000 = Baht 1,000,000 x $.034 May 10 spot rate
$3,000 = Baht 1,000,000 x (.031 - .034) Gain
1 dollar = 34.66 thai baht
Answer: DEFENDER
Explanation: An adaptive strategy is a strategy put in place by business organisations in order to survive or remain profitable or in business during hard and unpredictable economic conditions. It helps the business to think beyond the usual to make certain strategic changes and decisions.
According to Adaptive strategy Hohner will most likely be described as A DEFENDER as it product has a steady demand rate with a very high market share.