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AVprozaik [17]
3 years ago
9

Ginger and Maryann are lost in the jungle, where the only things to eat are mangoes and fish. Ginger can gather mangoes faster t

han Maryann and can also catch more fish per hour than can Maryann. Therefore,
A. Ginger should specialize in fishing because it is harder than gathering mangoes, and Maryann should specialize in gathering mangoes.
B. Ginger should strike out on her own, because Maryann reduces their combined productivity.
C. Maryann should specialize in the activity for which she has a comparative advantage.
D. Ginger should specialize in the activity for which she has an absolute advantage.
Business
1 answer:
Lyrx [107]3 years ago
5 0

Answer:

C. Maryann should specialize in the activity for which she has a comparative advantage.

Explanation: Being able to produce goods by using fewer resources, at a lower opportunity cost is comparative advantage. Maryann should specialize in the activity where she has this.

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Activity-based costing uses one plantwide pool and numerous cost drivers departmental pools and a single cost driver. numerous c
kipiarov [429]

Answer:

numerous cost pools and numerous cost drivers

Explanation:

Costing is the measurement of the cost of production of goods and services by assessing the fixed costs and variable costs associated with each step of production.

In Financial accounting, one of the most widely used activity-based costing technique is the time-driven activity-based costing.

Time-driven activity-based costing (TDABC) avails business owners the opportunity of reporting their costs on an ongoing basis (real time) which give details about the various cost of doing business, as well as the time spent on them respectively.

Cost pool is simply the amount of money spent by a firm on a particular activity.

Generally, an activity-based costing uses numerous cost pools such as manufacturing cost or customer services and numerous cost drivers such as direct labor hours worked, number of changes used in engineering department, etc.

6 0
3 years ago
If the government changed the per-unit tax from $5.00 to $2.50, then the price paid by buyers would be $7.50, the price received
Nataly [62]

Answer: Decrease government revenue and decrease deadweight loss from the tax.

Explanation:

Decrease gov rev and decrease deadweight loss from the tax.

At AB, the government revenue will be:

= Quantity × Tax rate

= 1 × 5

= 5

The deadweight loss will be:

Deadweight Loss= 0.5 × Change in quantity × Change in Price

= 0.5 × (9-4) × (2-1)

= 0.5 × 5 × 1

= 2.5

At CD,

the government revenue will be:

= 1.5 × 2.5

= 3.75

The deadweight loss will be:

= 0.5 × (7.5-5) × (2-1.5)

= 0.5 × 2.5 × 0.5

= 0.625

Based on the calculation above, both the government revenue and the deadweight loss decreases.

8 0
3 years ago
The body of a routine message that requests information or action should
Papessa [141]
Your answer is A.) present details that explain your request
3 0
4 years ago
Last week, the 3,000 visits to Rebecca's e-commerce site generated $600 in revenue selling products that cost her $300. What is
Leona [35]

Answer:

$0.10

Explanation:

Calculation for the amount that Rebecca should spend on a PPC advertisement for her website

Using this formula

Amount to be spend=Cost /Numbers e-commerce site visits

Let plug in the formula

Amount to be spend=$300/3,000

Amount to be spend=$0.10

Therefore the amount that Rebecca should spend on a PPC advertisement for her website will be $0.10

8 0
3 years ago
Which one of the following generic types of competitive strategy is typically the "best" strategy for a company to employ?
Klio2033 [76]

Answer: One that is customized to fit the macro-environment, industry and competitive conditions, and the company's own resources and competitive capabilities

Explanation:

The generic types of competitive strategy is typically the "best" strategy for a company to employ is one that is customized to fit the macro-environment, industry and competitive conditions, and the company's own resources and competitive capabilities.

This is because the company has to consider it's resources, the market and other necessary factors before making a decision on that.

8 0
3 years ago
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