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Tju [1.3M]
3 years ago
8

In an eight-hour day, Andy can produce either 24 loaves of bread or 8 pounds of butter. In an eight-hour day, John can produce e

ither 8 loaves of bread or 8 pounds of butter. The opportunity cost of producing 1 pound of butter is
a. 1/3 hour for Andy and 1 hour for John.
b. 1 hour for Andy and 1 hour for John.
c. 3 loaves of bread for Andy and 1 loaf of bread for John.
d. 1/3 loaves of bread for Andy and 1 loaf of bread for John.
e. none of the above
Business
1 answer:
iragen [17]3 years ago
7 0

Answer:

Option (c) is correct.

Explanation:

Andy can produce 24 loaves of bread or 8 pounds of butter:

Opportunity cost of producing 1 pound of butter = (24 ÷ 8)

                                                                                 = 3 loaves of bread

John can produce 8 loaves of bread or 8 pounds of butter:

Opportunity cost of producing 1 pound of butter = (8 ÷ 8)

                                                                                 = 1 loaves of bread

Therefore,

John has a comparative advantage in producing butter because of lower opportunity cost.

Hence, the opportunity cost of producing 1 pound of butter is 3 loaves of bread for Andy and 1 loaves of bread for John.

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Maturity is the time when sales start to plateau from the boom. At this point, companies start cutting prices to remain competitive in the face of increased competition.

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Answer: Option A      

       

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2 years ago
What do individual shareholders gain when they buy shares of a companies stock?
baherus [9]
Share Ownership by Individuals.
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Benefits of Owning Shares.

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A well defined portfolio will provide most benefits and fewer risk arising to stock ownership. to exchange you shares at a limited risk and get to earn more experts advice apart from stock ownership alone have a mix of stock bonds and commodities. This has proven to be the best way to make highest returns at lower risk. It is important to note that shareholders in stock market contribute close to 80% of the revenue in the market.

 
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olganol [36]

Answer: i believe its Debt

Explanation:

5 0
3 years ago
Read 2 more answers
A current warehouse system has five warehouses with 4,000 units at each warehouse. The company desires to change to three wareho
miskamm [114]

Answer:

Correct option is C.

15492 is the average ware-house inventory level.

Explanation:

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Average warehouse inventory levels =4000*5*(3/5)0.5 =15492

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