What are some of the financial challenges that individuals face when they first live on their own?

The Macro Islands can produce either 250 bamboo towels or 500 botanical soaps using all its resources. The Micro Islands can pro

jarptica [38.1K]

Answer:

The Micro Islands have a comparative advantage in producing botanical soaps.

Explanation:

Comparative advantage can be defined as the ability of an economy to produce a good at lower opportunity cost than other economies. This enables the economy sell the product at lower prices, therefore having higher margin of profit than other economies.

The opportunity cost of Micro Island in producing 300 botanical soaps is the cost of producing 30 bamboo towels. The opportunity cost is quite low.

While for Macro Island the opportunity cost of producing 500 botanical soaps is 250 bamboo towels. The opportunity cost is higher than for Micro Island.

6 0

3 years ago

Jose wants to find out how many men wear bright colored ties. Which

sergey [27]

Answer:

survey

Explanation:

6 0

3 years ago

To achieve its goal of increased market share, restaurant y launched a program that awards grade-school students a free cupcake

professor190 [17]

<span>Actually here to achieve the goal of increased market share the restaurant y followed the risk reward management function, which covers the bulk sales with clear cut super marketing strategy for their restaurants products along with word of mouth or mouth publicity, which works most of the time in any of the bussinesses.</span>

3 0

4 years ago

The mls is a good source for data when researching a subject property. what information will you find there?

madam [21]

The mls is a good source for data when researching a subject property. former sales price will be found there.

A multiple listing service is a database which is established by cooperating real estate brokers in order to provide data about properties for sale.

An MLS allows the brokers to see one another’s listings of properties held for sale with the goal of connecting homebuyers to sellers. Under this arrangement, both the listing and selling brokers are benefited by consolidating and sharing information and also by sharing commissions.

Typically, multiple listing services create a general book and electronic database with all of the houses for sale by affiliated brokers.

To know more about MLS here:

brainly.com/question/15579742

#SPJ4

8 0

1 year ago

Data from the financial statements of Crafty Crafts and Hobbies, Inc. are presented below (in millions): Crafty Crafts Hobbies,

earnstyle [38]

Answer:

Crafty Crafts:

Return on Assets Ratio = Net Income/Average Assets x 100

= $1,040/46,350 x 100

= 2.2%

Explanation:

a) Data

Crafty Crafts Hobbies, Inc.

Total liabilities, 2016 $31,957 $25,461

Total liabilities, 2015 36,104 30,046

Total assets, 2016 46,186 32,872

Total assets, 2015 46,514 35,208

Net sales, 2016 161,466 81,702

Net income, 2016 1,040 1,766

b) Average Assets:

Crafty Crafts = (2016 + 2015 assets)/2 = ($46,186 + 46,514)/2 = $46,350

c) The Return on Assets Ratio: This financial performance ratio shows how much of the earnings is generated from the assets of the company in a particular period. It shows the efficiency of management to generate profit from the assets. Usually, the average assets value is used to even the variations over the period.

5 0

4 years ago