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Eva8 [605]
3 years ago
9

There are 20 workers in Thailand and each can produce either 4 computers or 60 tons of rice. There are 40 workers in the United

States and each can produce either 10 computers or 80 tons of rice. Draw the production possibilities curve for each country. ​1.) Using the line drawing​ tool, draw the production possibilities frontier for Thailand. Properly label your line. ​2.) Using the line drawing​ tool, draw the production possibilities frontier for the United States. Properly label your line. Carefully follow the instructions above and only draw the required objects

Business
1 answer:
Nimfa-mama [501]3 years ago
7 0

Answer:

Thailand:

Opportunity cost of computers = 300/20 = 15 tons of rice

US:

Opportunity cost of computers = 800/100 = 8 tons of rice

US has a comparative advantage in production of computers

Absence of trade:

Thailand consumes 150 tons of rice, it can consume = (300 - 150)/30 x 2 = 10 computers

US consumes 50 computers, it can consume = 400 tons of rice

After trade :

10 computers exchanged for 120 tons of rice

Thailand continues to consume 150 tons of rice, it will consume = 12 computers (=10 + 30/15)

US continues to consume 50 computers, it will consume = 440 tons of rice (=120 + 40 x 8)

Both would accept the proposal as both are better off with trade

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Cheryl's Cookies has decided to create a charity that ships cookies to soldiers stationed in Syria. The soldiers could request t
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Answer: Option B : Accessible

Explanation: The segment might not be accessible because of the inability to deliver the cookies in war zones as this area cannot accommodate most delivery forms.

7 0
3 years ago
The market value of the equity of Hudgins, Inc., is $645,000. The balance sheet shows $53,000 in cash and $215,000 in debt, whil
allsm [11]

Answer:

It is 3.25 times

Explanation:

EBITDA Multiple = Enterprise Value/ EBITDA

Where EBITDA =  EBIT+Depreciation & Amortization

              =  $91,000+$157,000

              =$248,000

Enterprise Value (EV) =  Market value of the equity +Debt-Cash and Cash Equivalent

EV= $645,000+$215,000-$53,000

    =$807,000

Hence, EBITDA Multiple = $807,000/$248,000

                                        =3.25 times

EBITDA Multiple is used to compares a company’s Enterprise Value to its annual EBITDA.

8 0
3 years ago
Read 2 more answers
What is the rate of interest on a loan of $2,000, for 284 days, if the amount of interest is $93.37, using the exact interest me
vesna_86 [32]

Exact interest method is using 365 days instead of 360.

 

We are going to use the formula: I = Prt, we will derived the formula of rate.

r = I /Pt would be our formula, plugging in our amounts.

r = 93.37 / 2000 / (284/365)

= 93.37 / 2000 (0.7781)

= 93.37 / 1556.1643

= 0.06 or 6% when converted to percent.

 

To check:

I = Prt

= 2000 x 0.06 x 284/365

= 120 x 0.7781

= 93.37

4 0
3 years ago
In recent times, the value of "currency" as well as "checkable deposits" was about $___________ billion each.
Alinara [238K]

Answer:

As of December 2019, the total amount of currency in the US economy was $1,700 billion, while total checkable deposits as of December 2019 was $2,300 billion.

Explanation:

Total M1 money supply in the US economy as of December 2019 was $4 trillion (as stated by the federal reserve)

M1 money supply includes checkable deposits, paper bills and coins (currency) and travelers' checks.

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3 years ago
The Assembly Department started the month with 83,000 units in its beginning work in process inventory. An additional 334,000 un
Zolol [24]

Answer:

383,000

Explanation:

Calculation to determine How many units were transferred to the next processing department during the month

Work in process, beginning 83,000

Add Units started into production during the month 334,000

Less Work in process, ending (34,000)

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(+83,000+334,000-34,000)

Therefore How many units were transferred to the next processing department during the month is 383,000

5 0
3 years ago
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