The choice of <u>dedicating all the available resources to the production of only bagels</u> presents the lowest opportunity cost.
The expected profit per unit is the only data provided about the production process in the pastry shop. Therefore, those the two figures provided already contain information about the production costs of donuts and bagels, the market prices and the sold quantities, in order to deduce the profit that each product would generate.
In this situation, as the bagels make a higher profit per unit, the best option for the company would be chosing to dedicate all its resources to the production of bagels, because if not, when selling a donut the opportunity cost per unit of product would be 0.25, plus the things that the company will not be able to purchase that would have been possible if they had those extra 0.25 per unit.
Answer:
A municipal charter defines a city's powers
Explanation:
The concept of municipal charter was first originated in Europe. The municipal charter tends to formulate charters for the country. Their duties are to formulate power over and power to the country, for example the tax returns and etc. It also handles the financial powers of the country and public services.
In short A municipal charter defines a city's powers.
I hope the answer was helpful.
Thanks for asking.
According to the gospels of Matthew and Luke in the New Testament, Mary was a first-century Jewish woman of Nazareth, the wife of Joseph, and the mother of Jesus. Both the New Testament and the Quran describe Mary as a virgin.
Born: c. 18 BC
Died: after c. 30/33 AD
Parents: Saint Anne, Joachim
Answer:
The United States is a highly developed country, with a strong economy in pratically every single economic sector: from agriculture, to many types of industry, to high-tech, to services.
People from abroad demand U.S. technology and capital goods because they know that it tends to be of high quality. This benefits the American people because it raises U.S. exports, which brings more income to Americans in the form of either U.S dollars or foreign currency that is later converted into U.S. dollars.
This makes the U.S. economy more dynamic, not only for those directly involved in the exporting business, but also for many other people who benefit indirectly from such exchanges.
