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alina1380 [7]
3 years ago
13

Who was Adam Smith? Anybody?

Business
2 answers:
WINSTONCH [101]3 years ago
6 0
Adam Smith (5 June 1723 - 17 July 1790) is Scottish philisopher. He is best known in : The Theory of Moral Sentiments and An Inquiry into the Nature and Causes of the Wealth of Nations.


laila [671]3 years ago
3 0
Adam Smith was born in Kirkcaldy in 1723, died July 17, 1790 in Edinburgh, Scotland - Scottish thinker and philosopher, author of the Inquiry into the Nature and Causes of the Wealth of Nations

I hope I helped :)
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Assume that Cane normally produces and sells 62,000 Betas and 82,000 Alphas per year. If Cane discontinues the Beta product line
Talja [164]

Answer:

Please find the complete question in the attachment.

Explanation:

\beta the margin of contribution unit= 130-25-22-17-14 \ \ \ \ \ \  \ \ \ \ \ \ \ \ \ \ \ \ \ =52

\alpha Margin Contribution Unit = 90-10-21-7-10\ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ = 42

8

Contribution losses =62000\times 42 \ \ \ \ \ \ \ \ \ \ \ \ = -2604000

Fixed cost avoidable =102000\times 20 \ \ \  \ \ \ \ \ \ \ \ \ \ \ \ \ \ = 2040000

The margin of Alpha contributions =17000\times 52 \  \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ =884000

Fiscal benefits (disadvantage)= 320000

3 0
3 years ago
Suppose that Spain and Sweden both produce fish and wine. Spain's opportunity cost of producing a bottle of wine is 4 pounds of
Darya [45]

Answer:

A) 9 Pounds of Fish Per Bottle of Wine

Explanation:

A few things should be explained

1. Opportunity Cost - this is the benefit or value of the next best choice that has to be sacrificed when a choice is made between several alternatives.

2. Comparative Advantage: This describes the advantage when a business, individual or even a nation is able to maunfacture a good or offer a service at an opportunity cost that is lower than other competitors in the business. It simply means the ability to produce a good or service at a cost cheaper than one's competitors.

Step 1: By comparing the opportunity cost of producing wine in the two countries, you can tell that Spain (ability to produce a bottle for 4 pounds of fish as compard to 10 pounds by Sweden) has a comparative advantage in the production of wine

Also Comparing the opportunity cost of wine as well, Sweden has the comparative advantage in the production of fish (10 pounds of fish as compared to 3 pounds that can be produced by Spain for a bottle of while).

Step 2: The Trading of wine and fish between Spain and Sweden

a) as long as Spain is able to get more than 4 pounds of fish (what it can produce) for every exported bottle of wine, then it can gain from a trade with Sweden.

b) Also , as long as Sweden is able to receive more than 1/10 bottles of wine for each pound of fish it exports to Spain, it can gain from the specialization and trade.

Step 3: Prices of trade (of wine in terms of fish) will allow both Sweden and Spain gain from Trade.

The correct answer is 9 Pounds of Fish per bottle of Wine. This is correct because Spain can get more than the minimum 4 pounds of fish it needs and Sweden can receive more than 1/10 the bottles of wine it needs to make a gain.

5 0
3 years ago
The June 30, 2021, year-end trial balance for Askew company contained the following information: Account Debit Credit Inventory,
34kurt

Answer:

$252,000

Explanation:

Calculation for the cost of goods sold for the Askew Company for the year ending June 30, 2021.

First step is to calculate the Net Purchase

Purchases 259,000

Less Purchase discounts (7,900)

Less Purchase returns (11,900)

Add Freight-in 20,800

Net purchase 260,000

Now let calculate the cost of goods sold

Inventory, 7/1/2020 33,900

Add 260,000

Less inventory balance ($41,900)

Cost of goods sold $252,000

Therefore the cost of goods sold for the Askew Company for the year ending June 30, 2021 will be $252,000

5 0
3 years ago
Cedrick's credit card was​ stolen, and he did not realize that it was stolen until he received his most recent billing stateme
denis23 [38]

Answer:

Cedrick's potential maximum liability = $50

Explanation:

Given:

$250 = a Blueminusray player

$600 = new set of tires

$200  = Cash withdrawal

$40 = interest charges

Find:

Cedrick's potential maximum liability

Computation:

Cedrick's potential maximum liability = Blueminusray player  - Cash withdrawal

Cedrick's potential maximum liability = $250 - $200

Cedrick's potential maximum liability = $50

7 0
2 years ago
A company is using a mobile device deployment model in which employees use their personal devices for work at their own discreti
Elis [28]

Answer:

no entiendo un carajoooooool

8 0
3 years ago
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