1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Anni [7]
3 years ago
12

Use the following scenario to answer the next eight questions: An economy has two workers, Smith and Ricardo. Each day they work

, Smith can produce 4 computers or 16 smartphones, and Ricardo can produce 6 computers or 12 smartphones. The opportunity cost for Smith to produce one smartphone is ________ computer(s).
Business
1 answer:
olya-2409 [2.1K]3 years ago
4 0

Answer: 0.25 computer

Explanation:

Given that,

Smith can produce = 4 computers or 16 smartphones

Ricardo can produce = 6 computers or 12 smartphones

The opportunity cost for smith to produce one smartphone is as follows:

= \frac{Total\ computers\ can\ be\ produced}{Total\ smartphones\ can\ be\ produced}

= \frac{4}{16}

= 0.25

Therefore, 0.25 computer have to be foregone to produce one smartphone.

You might be interested in
A city uses an Enterprise Fund to provide electricity to its citizens and to its General Fund. A total of $50,000 was billed to
uranmaximum [27]

Answer:

Enterprise Fund due from General Fund  (Dr.) $50,000

Service Revenue (Cr.) $50,000

Explanation:

The enterprise used its general fund to provide electricity to the citizens. It has a collection period of 30 days for the general fund. This collection period is receivable duration during which company service revenue is to be collected. The general fund used by enterprise fund is collected 30 days later.

8 0
3 years ago
Lebron james, stephen curry, and other athletes are paid huge sums of money by companies for celebrity endorsements. if endorsem
Alja [10]

I believe the answer is: positioning strategy.

Positioning strategy refers to the strategy to cemented company's image and perception in the mind of the consumers. When a company use endorsement from famous figure for its product, it would create the perception that the quality of the product must be good since many of the people that being idolized use the product.

4 0
3 years ago
The concept "bureaucracy" refers to
Vera_Pavlovna [14]

Answer:

d. An organizational model rationally designed to perform task efficiently.

Explanation:

Bureaucacy is an organization plan that performs daily activities like division of labour, has standardize processes and responsibilities. In bureaucracy, there is relationship between employees, hierarchies and duties are clearly spelt.

An example of bureaucracy is car production department. The department involves so many processes, division of labour and interpersonal relationships among employees.

Thus, bureaucracy tends to perform tasks efficiently due to a number of inputs required to complete the process.

6 0
3 years ago
In order for a driver to graduate from a learner’s license to an operator’s license, how many hours of driving need to be docume
Harman [31]
Must have drove 50 hours on a learners permits, 10 of which are at night.
4 0
3 years ago
Kurt, who is a divisional manager, continually brags that his division’s required return for its projects is 1 percent lower tha
Viefleur [7K]

Answer:

D. Kurt’s division is less risky than the other divisions.

Explanation:

Based on the information provided within the question it can be said that the most likely reason is that Kurt’s division is less risky than the other divisions. Just as the saying goes "the greater the risk, the greater the reward", the same goes for the opposite, the lower the risk that a division has to undertake the lower the percent for the required return.

3 0
3 years ago
Other questions:
  • Which of the following accurately describe depreciable cost? i. The amount of cost a company intends to depreciate over the life
    7·1 answer
  • Sarah tells jake that she is thinking about buying a car. jake replies that he would like to sell sarah one of his cars in a few
    13·1 answer
  • The stockholders equity section of Martino Inc. at the beginning of the current year appears below.Common stock, $10 par value,
    15·1 answer
  • The cash flows from operating activities are reported by the direct method on the statement of cash flows. Determine the followi
    15·1 answer
  • "3. For this question only, assume that on January 2, 2018, Pops, Inc. acquired 192,000 shares of Son Corp. at a cost of $10 per
    5·1 answer
  • 34. Consider a binary (digital) option on a stock currently trading at $100. The option pays a $1 if the stock price goes below
    13·1 answer
  • Given the following data: Average Operating Assets $250,000 Total Liabilities $100,000 Sales $600,000 Contribution Margin $150,0
    9·1 answer
  • Can someone help me it’s for a quiz
    6·1 answer
  • Armed only with his fingers, the owner decides that the safest forecasting approach is a linear trend line. His fingers are achi
    6·1 answer
  • Besides starting the vehicle, what else can 2022 versa’s available remote engine start in do?
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!