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ruslelena [56]
3 years ago
12

Sophie is willing to sell her used economics textbook for $30. Ruby is willing to pay $60 for the used economics textbook. Sophi

e and Ruby agree on a price of $45. The gains from trade for Sophie equals ______ and the gains from trade for Ruby equals _______.
a. $15
b. $15 $30
c. $60 $30
d. $0
Business
1 answer:
jekas [21]3 years ago
8 0

Answer:

a. $15 

Explanation:

The gains of trade of Sophie = price - willingness to sell

=$45 - $30 = $15

The gains of trade of Ruby = willingness to pay- price

$60 - $45 = $15

I hope my answer helps you

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Hammond Supplies expects sales of 117,106 units per year with carrying costs of $2.82 per unit and ordering cost of $4.14 per or
Otrada [13]

Economic order quantity: sqrt( (2 x annual

Sales x ordering cost)/ carrying cost)

EOQ = sqrt(2x117106x4.14)/2.82)

EOQ = 586.38

Optimal average in inventory = EOQ/2

Inventory = 586.38/2 = 293.19

Round up:

Answer: 294 units

4 0
3 years ago
Although not a goal of the unemployment insurance system, one effect is that the system reduces _________.
serious [3.7K]

Answer:

a. the rate of job finding.

Explanation:

The unemployment insurance system is a program managed by the federal and state governments to provide unemployment benefits to individuals who are unemployed and meet certain eligibility criteria.

Although not a goal of the unemployment insurance system, one effect is that the system reduces the rate of job finding.

However, the main goal of the unemployment insurance system is to reduce workers' uncertainty about their incomes.

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3 years ago
Match each of the global business practices with an example of its use.
Mrrafil [7]

Answer:

The answer is

A. A U.S. auto organization starts making certain auto parts in Bangladesh.  

B. A U.S. auto organization contracts a South Korean organization to make its tires.  

C.  A Japanese auto organization opens a processing plant in the United States.  

Explanation:

South Korea is popular for its economy blasting, with Samsung, LG, Hyundai, and Olympic amusements in 1988. In 2000's, with the exception of the colossal brands, South Korea is likewise renowned for her media outlet . Manga style is a miracle.North Korea, formally the Democratic People's Republic of Korea, keeps on being a Touche communist state under the lead of the Workers Party of Korea. In South Korea, socialism stays unlawful through the National Security Law.

3 0
3 years ago
Delisa Corporation has two divisions: Division L and Division Q. Data from the most recent month appear below: Total Company Div
amid [387]

Answer:

$202,409

Explanation:

Firstly, we will need to calculate Break even in sales dollar for division Q using the formula;

= Division Q fixed cost / contribution margin ratio

Division Q fixed cost = $89,060

But,

Contribution margin ratio = Contribution margin / Sales

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Therefore, the Break even in sales dollar for Division Q

= $89,060 / 44%

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The Break even in sales dollars for Division Q is closest to $202,409

7 0
3 years ago
The direct materials budget is prepared using information from the ________ budget.
xeze [42]

Answer: Production budget

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 The production budget is basically permit the organization for tracking the cost and all the production details that is required for the inventory necessary requirement of an organization.

The production budget is also known as the financial plan of the company for estimating the overall production budget by proper scheduling.

The one of the main factor of the production budget is the sales target as it basically calculated the total number of products that are manufactured in an organization.  

Therefore, Production budget is the correct answer.

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