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4 years ago

12

Denise decides to spend three hours working overtime rather than watching a video with her friends. She earns $10 an hour. Her o

pportunity cost of working is ________

1 answer:

mr Goodwill [35]4 years ago

5 0

Answer:30

Explanation:I just did 3x10 .-.

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Drag each description to the correct location on the chart. Determine which direction a nation’s PPC will shift as a result of t

vampirchik [111]

<span>Several multinational companies close their factories in the nation because of its changing economic climate.
Shifts left. The maximum production of the economy is lower because their are fewer factories.

A mass e-learning initiative makes education cheaper and accessible across the nation.
Shifts right. This makes education less expensive, freeing up public and private money for investment and other uses which can further increase output.

Government money is illegally taken by increasingly corrupt bureaucrats and politicians.
Shifts left. this money is taken out of the economy where it could otherwise be invested in factors of production.

New economic policies facilitate the signing of new international trade agreements.
Shifts right. Increased trade opens up markets to foreign imports/exports and investment, increasing the maximum capacity of the economy. </span>

7 0

4 years ago

Sparks Corporation has a cash balance of $15,300 on April 1. The company must maintain a minimum cash balance of $12,500. During

Tcecarenko [31]

Answer:

A. Cash borrow = $7,700

Explanation:

Given,

The company must maintain a minimum cash balance of $12,500.

We know,

Ending cash balance = Beginning cash balance + Cash receipts - Cash disbursements + Cash borrow

Given,

Ending cash balance = $12,500

Beginning cash balance = $15,300

Cash receipts = $61,000

Cash disbursements = $71,500

Cash borrow = ?

Putting the values into the formula, we can get

$12,500 = $15,300 + $61,000 - $71,500 + Cash borrow

Or, $12,500 - ($15,300 + $61,000 - $71,500) = Cash borrow

Or, $12,500 - $15,300 - $61,000 + $71,500 = Cash borrow

Or, $84,000 - $76,300 = Cash borrow

Or, $7,700 = Cash borrow

Or, Cash borrow = $7,700.

Therefore, Option A is the answer.

3 0

4 years ago

Contestable markets true or false: if a firm is operating in a contestable market, it should operate at the efficient production

jok3333 [9.3K]

The first statement is false. A firm earning a zero profit is an action called predatory pricing, which there can be a temporary loss because of a super low price and when a new firm enters the market the new firm won’t be able to compete with a very low price forcing the new firm out of the market. This action can be a barrier of entry making the market less contestable. A firm in a contestable market should operate at efficient level of production and earn a minimal profit close to equilibrium.

<span>It is true that a contestable market model has important policy implications for example to increase competition policy maker can decrease regulation so that new firm can easily enter the market. Policy makers can also force firms to allow other firms to use their networks encouraging new firms to enter the market and lessening the monopoly power of restricting supplies. Policy makers can also set up its own new firm and distribute its resources to small new firms to increase competition.</span>

3 0

4 years ago

Alabama and Mississippi each have 9 units of labor. They can use their units of labor for the production of chickens and cotton.

Alekssandra [29.7K]

Answer and Explanation:

As it is given that

1. For each unit of labor, Alabama will generate 3 units of chicken.

Thus Alabama can produce a maximum of 27 units of chicken with 9 units of labor.

2. With every unit of labor, Alabama will generate 7 units of cotton.

Thus Alabama can produce a maximum of 63 units of cotton with 9 units of labor.

For each unit of labor, Mississippi will generate 4 units of chicken.

Therefore Mississippi can produce a maximum of 36 units of chicken with 9 units of labor.

For each unit of labor, Mississippi will produce 6 units of cotton.

While Mississippi can produce up to 54 units of cotton with 9 units of labor.

Alabama could be seen producing more cotton than Mississippi using all the labor while using all the labor Mississippi can produce more chicken than Alabama.

Hence,

For producing chicken, Mississippi has the absolute advantage

For producing cotton, Alabama has the absolute advantage

Now

Albama's opportunity cost for generating a chicken unit is

= (7 ÷ 3)

= 2.33 units of cotton.

Albama's opportunity cost for generating a cotton unit is

= (3 ÷ 7)

= 0.43 units of chicken.

Mississippi's opportunity cost for generating a chicken unit is

= (6 ÷ 4)

= 1.50 units of cotton.

Mississippi's opportunity cost of generating a cotton unit is

= (4 ÷ 6)

= 0.67 units of chicken

Therefore

Alabama can produce cotton relatively to Mississippi at a lower cost of opportunity.

In comparison with Alabama, Mississippi can produce chicken at lower opportunity costs.

Hence, we can conclude that

Mississippi has a competitive advantage for chicken production.

Alabama has a competitive advantage in cotton production.

Mississippi is supposed to grow chicken and Alabama is supposed to make cotton.

6 0

3 years ago

Daria, age 28, is very short, has an abnormally small jaw, and her neck has extra folds of skin. She has never ovulated and has

marishachu [46]

Answer:

Noonan Syndrome.

Explanation:

Daria displays the markers of Noonan syndrome.

Noonan Syndrome are genetic disorder with different abnormality, it evident since birth in most of cases. Range and severity may vary from person to person. It is caused by pathogenic variants. In 30 percent of infant with Noonan syndrome, may have abnormal opening in septum that divide upper chamber of heart. Noonan syndrome have affected more males than females. It was first reported in 1883.

Treatment of noonan syndrome is depend upon the specific complication of individuals.

5 0

3 years ago