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Trava [24]
3 years ago
13

Assume the Macro Islands can produce 25 fishing boats or 150 jars of guava jelly in one hour. The Micro Islands can produce 30 f

ishing boats or 300 jars of guava jelly in the same time period. The opportunity cost of producing 1 fishing boat in the Micro Islands is
Business
1 answer:
givi [52]3 years ago
4 0

Answer:

10 jars of guava jelly.

Explanation:

The value or benefit that was forgone or given up when a choice is made between two alternatives is what we referred to as opportunity cost. In economics, it is called alternative forgone or real cost.

The formula for opportunity cost is given below

Opportunity cost = Value of alternative forgone/Value of alternative choosing

Value of alternative forgone     = 300 jars of guava jelly

Value of alternative choosing   = 30 fishing boats

Opportunity cost                        = 300/30

Opportunity cost                        = 10 jars of guava jelly.

Therefore the opportunity cost of producing 1 fishing boat in the Micro Islands is 10 jars of guava jelly.

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Not trying to be rude but that’s too much for too little amount of points
That’s technically an entire book page of reading
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3 years ago
________ is the stealing of another person's Social Security number, credit card number, and other personal information for the
Aloiza [94]

Answer:

identity theft

Explanation:

Identity theft is the act of illegally taking another person's identity in order to maliciously use his/her credit card info or any other credentials. This is equally illegal as any other kind of theft, as it is almost the same as robbing someone real-time. This can be prevented by double authentications and secure passwords.

6 0
3 years ago
Assume that China imports a significant amount of coffee beans from Vietnam.
kari74 [83]

Option E , ASEAN trading bloc would reduce trade barriers between China and Vietnam

Explanation:

The Association is a national intergovernmental body of ten countries in Southeast Asia that promotes intergovernmental cooperation and facilitates the integration of its members and others in the Asian economy, diplomacy, defense, the army, education and social-culture.

In and beyond the Asia-Pacific region, ASEAN regularly engages with other countries. ASEAN is a major partner in the Shanghai Cooperation Organization and operates a global network of allies and dialog members, many of them considered a financial superpower and central Asia-Pacific co-operation union.

The ASEAN Secretariat is headquartered in Jakarta, Indonesia, and is involved in numerous international affairs, and holds diplomatic missions all over the world.

8 0
3 years ago
Consider an economy that is in steady state according to the Solow model. Now suppose that a temporary foreign aid program build
skelet666 [1.2K]

Answer:B

Explanation:

3 0
3 years ago
Read 2 more answers
Ghost, Inc., has no debt outstanding and a total market value of $240,000. Earnings before interest and taxes, EBIT, are project
Elina [12.6K]

Answer:

a-1. We have:

Recession EPS = $1.49

Normal EPS = $2.13

Expansion EPS = $2.45

a-2. We have:

Recession percentage change in EPS = -30.00%

Expansion percentage change in EPS = 15.00%

b-1. We have:

Recession EPS = $1.12

Normal EPS = $1.76

Expansion EPS = $2.08

b-2. We have:

Recession percentage change in EPS = -36.36%

Expansion percentage change in EPS = 18.18%

Explanation:

Note: See the attached excel file for the calculations of the EPS and the percentage changes in EPS.

From the attached excel file, we have:

a-1. Calculate earnings per share (EPS) under each of the three economic scenarios before any debt is issued.

Recession EPS = $1.49

Normal EPS = $2.13

Expansion EPS = $2.45

a-2. Calculate the percentage changes in EPS when the economy expands or enters a recession.

Recession percentage change in EPS = -30.00%

Expansion percentage change in EPS = 15.00%

b-1. Calculate earnings per share (EPS) under each of the three economic scenarios assuming the company goes through with recapitalization.

Recession EPS = $1.12

Normal EPS = $1.76

Expansion EPS = $2.08

b-2. Given the recapitalization, calculate the percentage changes in EPS when the economy expands or enters a recession.

Recession percentage change in EPS = -36.36%

Expansion percentage change in EPS = 18.18%

Download xlsx
3 0
3 years ago
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