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
Airida [17]
3 years ago
9

Town A, in one hour, can produce either 4 hotdog buns, or 10 sausages. Town B, in one hour, can produce either 8 hotdog buns, or

6 sausages. There are 60 people in each town. If Town A and Town B applies the theory of comparative advantage, or specialization of production, how many total hours (ADD hours required to produce hotdog buns AND hours required to produce sausages) does it take to produce hotdog buns for 120 people and sausages for 120 people?
Business
1 answer:
katrin [286]3 years ago
6 0

Answer:

The answer is 27 hours

Explanation:

Solution

The Comparative advantage depends on  production of the lower opportunity cost

The opportunity cost of a production is =maximum production of other good /maximum production of the good

Now,

The opportunity cost of hot dog bun for town A =10/4=2.5

Thus,

The opportunity cost of hot dog bun for town B=6/10=0.6

So,

The  town B has a comparative advantage in hot dog buns and A in sausages

Town A will produce-only sausages and it will take the time of  

time in hours =total required a quantity of the good /number of products in an hour

Now,

The time for Town A for sausages=120/10=12 hours

The time for Town B for hot dog buns=120/8=15 hours

Therefore, The total time =12+15=27 hours.

You might be interested in
A firm could continue to operate for years without ever earning a profit as long as it is producing an output where
Assoli18 [71]

A firm could continue to operate for years without ever earning a profit as long as it is producing an output where

<span> B. MR >AVC</span>

<span>MR stands for marginal revenue which is the sale price of a single item sold. On the other hand, AVC or the average variable cost is the firm’s variable costs divided by its output that is produced.</span>

5 0
3 years ago
The journal entry to transfer completed products from production to finished goods inventory includes which two of the following
Talja [164]

Answer:

Debit finished goods inventory

Credit Work in Process Inventory

Explanation:

The journal entry that is required to transfer the completed products from the production stage to finished goods inventory which is the amount of goods in the inventory that have been produced and as well is available and ready for customer to buy will includes to Debit finished goods inventory and to Credit Work in Process. Inventory

Debit finished goods inventory

Credit Work in Process Inventory

(Being to record finished goods inventory)

7 0
3 years ago
Gianna put $1,000 in a savings account for 18 months. The interest on the account is 3.5%.
Nadya [2.5K]

Answer:

You will earn $52.96 in interest

You have $1,052.96 in total.

6 0
3 years ago
A rule that all employees in the organization (including the ceo) must fly coach when they travel on commercial airlines represe
Eva8 [605]
The word that completes the sentence is bureaucratic. bureaucratic control is one of the control systems that are defined as systems of rules that are devised and implemented that are applicable to global business and maybe unique to a specific business. it is an important tool for risk management as well. 
5 0
2 years ago
Why is it difficult to change real capital
Sonbull [250]

Answer:

I don't know

Explanation:

can you help me with my question Enter the coordinates of the point on the unit circle at the given angle. 270° ([?], [ ] Enter

3 0
2 years ago
Other questions:
  • During a visit to new york city, noah is approached by steve guttenburg, who asks noah if will accept a free button from him. no
    5·1 answer
  • In a swot analysis, increasing gasoline prices would represent a potential __________ for manufacturers of electric cars.
    11·1 answer
  • What helps advertisers decide what works and what could be improved?​
    11·1 answer
  • The current period statement of cash flows includes the flowing: Cash balance at the beginning of the period $310,000 Cash provi
    14·1 answer
  • The records of Hollywood Company reflected the following balances in the stockholders' equity accounts at the end of the current
    11·1 answer
  • Samira works for a company with a strict top-down structure. Her daily tasks must conform carefully to written guidelines and ru
    6·1 answer
  • A market that has no barriers to entry and many small firms selling products that are slightly different from one another is bes
    9·1 answer
  • A data analyst at a nonprofit organization is working with a dataset about a summer fundraiser. Although they have a lot of usef
    14·1 answer
  • N the most commonly used land appraisal form, which is not one of the line items that are listed for adjustment?
    14·1 answer
  • When inserting a nasopharyngeal airway into a semiconscious patient, the nurse encounters resistance. which action is most appro
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!