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puteri [66]
3 years ago
6

If Hosne and Merve switch from each person dividing her time equally between the production of purses and wallets to each person

spending all of her time producing the good in which she has a comparative advantage, then total production of purses will increase by
Business
1 answer:
ddd [48]3 years ago
3 0

Answer / Explanation

The question is incomplete as the options of answers were not given. Kindly kind the complete question with the answer options below.

If Hosne and Merve switch from each person dividing her time equally between the production of purses and wallets to each person spending all of her time producing the good in which she has a comparative advantage, then total production of purses will increase by

a. 2 , b. 3 , c. 5 , d. 10

The answer is 3, the total production of purses will increase by 3

Explanation:

To properly interpret this question, we will have to define some terms which includes:

Comparative Advantage: comparative advantage simply refers  to a country economy or a country economic ability to produce goods and services at a cost lower or lower opportunity cost than its counter parts or other country trade partners.  A comparative advantage gives a company the ability to sell goods and services at a lower price than its competitors and realize stronger sales margins.

If we refer back tot he question considering the effect of comparative advantage, the answer will be 3 out of the given options that complete the question.

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Jennifer has been highly unproductive at work for the last few weeks and is counseled regarding organizational policies and rule
Anton [14]

Answer: positive

Explanation:

Based on the happening in he question, the method used is the positive discipline approach

This approach seeks ways to help an employee when the employee isn't being productive at his or her workplace. The positive actions are being seeked and necessary ways to bring the worker back to his or her feet will be utilized.

This is the method used in order to being Jennifer back on track and.make her productive again.

7 0
3 years ago
Lew just purchased $67,600 of equipment that is classified as 5-year MACRS property. The MACRS rates are 20 percent, 32 percent,
Nat2105 [25]

Answer:

The book value of this equipment at the end of four years if he ignores bonus depreciation $26,290.

Explanation:

Cost of property = $67,600

                           Balance    Depreciation

Year 1                  67,600         13520

Year 2                 54,080         17,306

Year 3                 36,774          7,061

Year 4                  29,713          3,423

Book vaue at the end of year 4 = 29,713 - 3423 = $26,290

6 0
3 years ago
Alpha Company manufactures Product P and sells it in packs of 10 units. The actual results for the first week in January are as
kaheart [24]

Answer:67500

The right solution is "13,675 U".

Explanation:

According to the question,

The standard material cost will be:

= 25000\times (\frac{90000}{30000} )\times 0.90

= 25000\times 30000\times 0.90

= 67,500

The actual material cost will be:

= 95500\times 0.85

= 81,175

hence,

The total material price variance will be:

= Actual \ cost - Standard \ cost

= 81175-67500

= $13,675 (Unfavorable)

3 0
3 years ago
Which financial statement is considered a link between the income statement and balance sheet?
joja [24]

Statement of owners equity is considered a link between the income statement and balance sheet. I think thats the answer your looking for

6 0
3 years ago
Property-tax revenues for the county were reported at $770,000 on its governmental funds statement, but property-tax revenues on
Lemur [1.5K]

This Question is not complete

Complete Question:

Property tax revenues for Rose County were reported at $770,000 on its governmental funds statement, but property tax revenues for governmental activities on the County's government-wide statement of activities were reported at $800,000. This difference likely arose because:

A) an accounting error was made; property tax revenues should be reflected at the same amount on both statements

B) some revenues were deferred on the governmental funds Statement of Revenues, Expenditures, and Changes in Fund Balance because the availability criterion was not met; however, those revenues should be recognized under the accrual basis on the government-wide statements.

C) property tax revenues are recognized in the period the bills are sent out for government-wide reporting but they are recognized when the cash is collected for fund reporting

D) when reporting on a fund basis, an allowance for uncollectibles reduces revenues; this allowance is not necessary for government-wide reporting

E) all of the above are likely explanations for the difference

Answer:

B) some revenues were deferred on the governmental funds Statement of Revenues, Expenditures, and Changes in Fund Balance because the availability criterion was not met; however, those revenues should be recognized under the accrual basis on the government-wide statements.

Explanation:

Government fund statements are statements of accounts for a particular fund.

Government-wide statements show us the statement of accounts for all funds used by the government. These funds can be funds used for government related activities or business related activities carried out by the government. The position of a government financially is always shown on a government wide statements.

5 0
3 years ago
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