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Alja [10]
3 years ago
14

MICROECONOMICS Assignment. ANYONE WHO CAN COMPLETE THIS OR HELP ME WITH HOW TO DO IT ON MY OWN. It would be greatly appreciated.

Business
1 answer:
Vinil7 [7]3 years ago
4 0

So this question is too complicated for a forum like this to answer all parts.

I can help with a few of the first ones.

A. To figure opportunity costs, you find the ratio between producing all wine versus producing all butter.

In this case Germany: if Germany only produces wine they make 300 units. If they only make butter they make 1200 units. So the opportunity costs would be 1200/300 or 4. For every one unit of wine, you give up 4 units of butter.

B. Absolute advantage is the country the can produce the most units overall.

C. Comparative advantage is the country that has the capability of producing the most of one specific product. I.E. who can produce the most butter or wine.

D. I cannot draw that here.

E. I would rethink the answer on your sheet. Think about the above example of opportunity cost. Is it worth Tom Brady giving up time thinking about football to mow his lawn? How much opportunity cost would be there?

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Workplace Messaging and Texting
Evgesh-ka [11]

Answer:

The questions are in three parts, so I will group them accordingly and only write out the checked answers.

Part 1: What benefits will you mention to your supervisor? Check all that apply.

IM enables real-time communication anywhere in the world

IM is a convenient alternative to the telephone

Part 2: Which option is the best practice to avoid security issues?

Do not send confidential or sensitive information via IM or text

Part 3: Which texting guidelines does Jeanne ignore in this situation? Check all that apply.

Alert the sender when the sender has sent you a message by mistake

Don't text in inappropriate situations

Explanation:

Part 1: Instant Messaging (IM) enabling real time communication means that communication can be done without delay in delivery, and this is of advantage in a workplace especially one that is large and has sub-units because the barrier of distance is breached. For example, if a member of the team is not present at work and an information is needed urgently from him/her, using IM that person can be reached easily and a response gotten immediately.

Also, IM is a convenient alternative to the telephone because it is a cheaper alternative, more information can be passed and communication can take place at a lower cost. Besides this, it ensures the maintenance of a more serene environment at work because it is a non-audible form of communication as opposed to telephone, which is an audible form of communication and can cause noise pollution in the work place if a large number of workers are talking at the same time and if they are talking loudly too. Thirdly, because it is a visual form of communication, discrete and personal information can be passed without the other workers hearing or knowing about it.

saying that IM allows for speedy recovery of lost documents may not be helpful in this situation because first of all, the supervisor will have a sense that using IM will promote carelessness, because of the ease to recover lost documents and it is not entirely true that IM can be used to recover lost documents, it is mainly for communication and uses text messages.

Part 2: IM like every other virtual forms of communication is easily prone to security mishaps, because a glitch in the transmission channel can lead to sensitive information being lost or exposed to inappropriate audience, hence as a best practice to avoiding security issues, sensitive or confidential information should be as much as possible not be sent using IM or text.

The other options; respecting receivers by using good grammar and proper spelling and making oneself unavailable does not have anything to do with improving security so they remain unchecked.

Part 3: guidelines are made to prevent abuse and misuse, the same applies for texting especially in the workplace. From the scene described in the third part, Jeanne, knowing that the sender sent the wrong message should have prompted the sender on this because this could have easily been avoided if the information was passed person-to-person, since the sender is seeing the receiver so he/she knows which particular Jeanne to talk to, so, responding to a message that is not meant for you is a default in the use of texting. Secondly, Jeanne was in the middle of a conversation when the text came in, since the situation was not urgent, she could have finished with the conversation with her supervisor before responding to the text message so she violated another texting guideline. Now just imagine that you were Jeanne's supervisor, how would you feel when she abruptly pauses your conversation to respond to a text message.

The first option is actually true, sad news or sensitive business matters are not passed via text messaging but it does not apply in the context described, while not expecting instant reply is not a guideline.

3 0
3 years ago
This year, Santhosh, a single taxpayer, estimates that his tax liability will be $100,000. Last year, his total tax liability wa
Alekssandra [29.7K]

Answer:

a) Is Santhosh required to increase his withholding or make estimated tax payments this year to avoid the underpayment penalty?

  • No he is not required to make any payments or increase his withholdings because this year's withholdings already represent a 133% increase with respect to last year's tax liability. If the withholdings for the current are over 100% last year's tax liability, then the taxpayer doesn't need to make any further adjustments in order to avoid underpayment penalties.

b) By how much, if any, must Santhosh increase his withholding and/or estimated tax payments for the year to avoid underpayment penalties?

  • $0

6 0
3 years ago
Describe two examples of important things that financial planning skills can help you do, and explain why these things are impor
Alex777 [14]

Answer:

Two examples of important things that financial planning skills can help us do are:

  1. Acquire a strong savings habit
  2. Set realistic goals

Explanation:

Acquire a strong savings habit: This is achievable when a person has a clear understanding of how much are their expenses and how much is needed to be save in order to acquire capital goods or to construct a fund for unexpected costs.

Set realistic goals: When a person knows how much its income is and has a realistic financial planning he knows what goals are achievable and which are not.

7 0
3 years ago
The parts can be purchased from an outside supplier for only $28 each. The space in which the parts are now produced would be id
noname [10]

Answer:

d) $56,000 decrease

Explanation:

In the case when parts are produced by sharp corporation

Given that

Total cost per unit = $36

Total cost = Total cost per unit × parts

= $36 × 8,000

= $288,000

Now

If the parts are Purchased by the outside supplier, fixed costs decreased by one-fourth.

So, three-fourth fixed costs should be incurred.

Now  

Total cost per unit = Purchase Price + three - fourth fixed costs

= $28 + (3 ÷4) × $20

= $28 + $15

= $43

Now

Total cost = $43 × 8,000

= $344,000

So, the operating income is

= $288,000 - $344,000

= $56,000 decrease

7 0
3 years ago
Some costs that possibly could be traced directly to cost objects are nonetheless classified as indirect costs because:
Anvisha [2.4K]

Answer:

A. such costs cannot be traced to objects in a cost-effective manner

Explanation:

In the case when some cost that could be traced to cost objective are categorized as the indirect cost as such cost could not be traced with regard to the object on the cost effective as it might be possible to trace the cost but it might not be worth

So in this case it should be categorized as the indirect cost and the same is allocated to the cost object

4 0
3 years ago
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