All categories

2 years ago

If country a allocates more resources to producing capital goods than does country b, _________.

Business

1 answer:

Sunny_sXe [5.5K]2 years ago

7 0

c. Country A will incur a larger opportunity cost of growth, but it will grow more quickly than country B.

The more a country invests in one method of production, the higher the opportunity costs will be because the money could be spent on bigger and bigger amounts of alternate goods.

While the opportunity cost is higher, fully investing in producing capital goods will lead to faster growth.

You might be interested in

Santana Rey, owner of Business Solutions, decides to diversify her business by also manufacturing computer workstation furniture

Colt1911 [192]

Answer:

Instructions are below.

Explanation:

Giving the following information:

Direct materials: $2,900 VARAIBLE

Factory overhead: $530 MIXED (ussually)

Direct labor: $900 VARIABLE

Beginning work in process: none (December 31, 2017)

Ending work in process: $520 (January 31, 2018)

Beginning finished goods inventory: none (December 31, 2017)

Ending finished goods inventory: $350 (January 31, 2018)

To calculate the cost of goods manufactured, we need to use the following formula:

cost of goods manufactured= beginning WIP + direct materials + direct labor + allocated manufacturing overhead - Ending WIP

cost of goods manufactured= 0 + 2,900 + 900 + 530 - 520

cost of goods manufactured= $3,810

Now, we can determine the cost of goods sold:

COGS= beginning finished inventory + cost of goods manufactured - ending finished inventory

beginning finished inventory= 0

cost of goods manufactured= 3,810

ending finished inventory= (350)

Cost of goods manufactured= $3,460

7 0

3 years ago

Helen Ashley is expecting cash flows of $50,000, $75,000, $125,000, and $250,000 from an inheritance over the next four years. I

romanna [79]

Answer:

Present value of Helen's inheritance is $361,997.25

Explanation:

We know,

Present value of cash flows = ∑ $\frac{Cash flow for n periods}{(1 + i)^{n} }$

Given,

Cash flows for 1st, 2nd, 3rd, and 4th year = $50,000, $75,000, $125,000, and $250,000.

Interest rate, i = 11% = 0.11

Number of period, n = 4

Therefore,

Present value of cash flows = [$50,000 ÷ $(1 + 0.11)^{1}$ ] + [$75,000 ÷ $(1 + 0.11)^{2}$ ] + [$125,000 ÷ $(1 + 0.11)^{3}$ ] + [$250,000 ÷ $(1 + 0.11)^{4}$ ]

Present value of cash flows = ($50,000 ÷ 1.11) + ($75,000 ÷ 1.2321) + ($125,000 ÷ 1.3676) + ($250,000 ÷ 1.5181)

Present value of cash flows = $45,045.05 + $60,871.68 + $91,400.99 + $164,679.53

Present value of cash flows = $361,997.25

Therefore, Present value of Helen's inheritance is $361,997.25

5 0

3 years ago

Which of the following is not a benefit of a store channel shopping experience?

barxatty [35]

Answer:

Expanded assortments

7 0

2 years ago

The interest rate that lenders publish or advertise is usually:

ivann1987 [24]

Answer:

It’s A the nominal interest rate

Explanation:

8 0

2 years ago

Estée lauder would not choose to sell to cvs or dollar general because ________.

castortr0y [4]

Estée lauder would not choose to sell to cvs or dollar general because "customer expectations."

Estée Lauder would not choose to sell to CVS or Dollar General since its clients would not expect to shop at those stores for top of the line makeup. Rather, CVS may convey less costly cosmetic brands, as Revlon and Maybelline.

4 0

3 years ago

If country a allocates more resources to producing capital goods than does country​ b, _________.

If country a allocates more resources to producing capital goods than does country b, _________.