1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Luda [366]
3 years ago
8

Suppose that Sheldon and Leonard can either run errands or wash dishes. The time it takes each of them to accomplish one of thes

e jobs is given in the following table. Given the same quantity of resources (one hour of time) and assuming no breaks for either one, how will they specialize and what terms of trade can they both agree on?
Run an errand Wash a Dish

Sheldon 60 minutes 1 minute

Leonard 20 minutes 2 minutes
Business
1 answer:
MrMuchimi3 years ago
6 0

Answer: Sheldon focuses or specialize on running errands and Leonard in washing dishes;

they trade at 1 errand run per 20 dishes washed

Explanation:

Sheldon focuses or specialize on running errands and Leonard in washing dishes; thus this the individual specialization

they trade at 1 errand run per 20 dishes washed this is the terms of trade they both can agree on.

You might be interested in
As a group, oligopolists earn the highest profit when they a. achieve a Nash equilibrium. b. produce a total quantity of output
Hunter-Best [27]

Answer: The correct answer is "c. produce a total quantity of output that falls short of the Nash-equilibrium total quantity."

Explanation:  When oligopolists act together, it is called collusion. Collusion refers to cooperation between different companies. Companies collude in some way to establish prices and production levels. In this way, they can act as monopolists and establish a high price and a level of production that does not reach the total amount of Nash equilibrium which produces the maximum benefit as a group.

8 0
3 years ago
Manning Company uses a joint process to produce Products W, X, Y, and Z. Each product may be sold at its split-off point or proc
kogti [31]

Answer:

Y and X

Explanation:      

Product  Additional   Additional Costs   Difference   Decision                    Revenues                                                        

W            40000            60000               -20000        Sell Now    

X            8000                4000                4000        Process On    

Y           100000                32000        68000   Process On    

Z           4000                    20000       -16000          Sell Now

8 0
3 years ago
Duncan foods orders 500 cans of crushed tomatoes every month to be consistent with recommendations made by the EOQ model. If the
Pie

Answer:

$125

Explanation:

average inventory = 500 / 2 = 250

annual holding costs = 250 x $0.50 = $125

also, if you want to determine the order cost:

EOQ = √[(2 x S x D) / H]

EOQ = 500

H = annual inventory holding cost per unit = $0.50

D = annual demand = 500 x 12 = 6,000

500 = √[(2 x S x 6,000) / 0.50]

500² = 12,000S / 0.50

250,000 x 0.5 = 12,000S

125,000 = 12,000S

S = 125,000 / 12,000 = $10.417 ≈ $10.42

annual ordering costs = $10.42 x 12 = $125.04

7 0
3 years ago
The cash, accounts receivable, inventory and other accounts for Waren Sports Supply appear in which book in the SUA packet?
Marrrta [24]

Answer:

c. Instructions, Flowcharts, and Ledgers book

Explanation:

Cash, Account receivable, Inventory and other accounts are all the ledger and it is appeared in ledger book in the SUA pocket. All the transaction and flowcharts are present in this book and we can find all the Ledger accounts here in Instructions, Flowcharts, and Ledgers book. So option C is correct.

6 0
3 years ago
A key aspect to communication plans are that they allow the project manager and the project team to:__________.
Scilla [17]

Answer:

The correct answer is:

Actively control the flow of information. (A)

Explanation:

successful projects rely on communication. Communication entails exchange, discussion, information, technology, advice and teamwork. A good communication plan entails the following:

  • sets clear guidelines for how information to be shared
  • outlines who is responsible for sharing information
  • outline who needs to be included in each communication.

There is no definite way for a team to communicate in a project, but a variety of communication methods exist, which includes:

emails, meetings, discussion boards, status reports, to-do lists or task trackers, collaboration apps.

In order to know what type of communication method to choose:

  • determine what works for the team
  • use successful communication methods from similar past projects
  • check in with team members and relevant stakeholders.
3 0
3 years ago
Other questions:
  • The chart shows facts related to professional interpreters. To enter this field, a worker would be required to have earned a deg
    9·2 answers
  • What are consumer goods and how do they allow a country to become a mdc?
    15·1 answer
  • Thad, Jamarcus, and Willy have been working for Davidson International each for three years. While the trio started together as
    9·1 answer
  • On December 31, Strike Company has decided to discard one of its batting cages. The equipment had an initial cost of $236,300 an
    12·1 answer
  • The price of greatness is responsibility meaning
    7·1 answer
  • (I) The real interest rate: A. is the interest rate that is quoted on a financial debt and a​ firm's assets. B. is equal to the
    11·1 answer
  • Sara wants to start her own business. She is not sure if she wants to be a sole proprietor or get a partner. She asks a financia
    13·2 answers
  • Suppose the U.S. dollar is defined by law as being equal to 0.1 ounce of gold. Further suppose the British pound is defined as b
    13·1 answer
  • Your company has been running several small applications in Oracle Cloud Infrastructure and is planning a proof-of-concept (POC)
    10·1 answer
  • Kirkland sells season tickets for six events at a price of $48. For the 2013 season, 2,700 season tickets were sold.
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!