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diamong [38]
3 years ago
5

Steven Cheung examined the relationship between beekeepers and apple growers. Cheung noted that: "Pollination contracts usually

include stipulations regarding the number and strength of...[bee] colonies, the rental fee per hive, the time of delivery...the protection of bees from pesticides, and the strategic placing of hives." Cheung's suggests that the relationship between beekeepers and apple growers is an example of...
a.the Coase Theoremb.how excessive legal costs can prevent economic efficiency from being achievedc.government intervention improving economic efficiencyd.negative externalities
Business
1 answer:
anyanavicka [17]3 years ago
6 0

Answer:

a. the Coase Theorem

Explanation:

Based on the information provided it seems that Cheung suggests that the relationship between beekeepers and apple growers is an example of the Coase Theorem. This basically states that two individuals can come to a mutually beneficial outcome by bargaining or negotiating terms. Which in this scenario both the beekepers and applegrowers need something different from the bee's and need to negotiate in order to come to an understanding.

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11.   Before adding cream to a simmering soup, you need to
TEA [102]

Answer:

simmer the cream

Explanation:

Don't add cold milk directly into a hot liquid. Instead, whisk small amounts of the hot liquid into the cold milk. When the milk is warm, then add it into the hot liquid. This process is called tempering. Or, simply heat the milk gently in a saucepan before adding it.

6 0
3 years ago
For example, an increase in the money supply, a variable, will cause the price level, a variable, to increase but will have no l
Inga [223]

Answer:

nominal, real, & the classical dichotomy

Explanation:

A nominal variable is a value whose values are non-numeric for example gender. It is calculated based on the current – year prices.

In other words, nominal value is calculated in monetary terms, whereas real value is measured on the basis of goods or services

A real variable is a variable whose values are numeric. It is measured based on the currency of the base year.

The distinction between real variables and nominal variables is known as <u>nominal, real, & the classical dichotomy</u>.

The Classical Dichotomy is based on the assumption that states that in the long run, the nominal economy and the real economy are completely separated from each other. In the long run, nominal prices have no impacts on real variables.

7 0
3 years ago
An electronics company makes communications devices for military contracts. The company just completed two contracts. The navy c
Lelechka [254]

Answer: See explanation

Explanation:

a. Calculate the productivity for navy and army contracts in units produced per labor hour.

Based on the information given, for the navy contract, the total man hours to make 3380 devices will be:

= 34 × 40 × 2

= 2720 hours

Therefore, the devices per man hour will be:

= 3380/2720

= 1.24 devices per labor hour.

For the army contract, the total man hours to make 7480 devices will be:

= 44 × 40 × 2

= 3520 hours

Therefore, the devices per labor hour will be:

= 7480/3520

= 2.125 devices per labor hour

b. On which contract were the workers more productive?

The workers were more productive on the Army contract as they produced more devices per labor hour.

6 0
3 years ago
Job 412 was one of the many jobs started and completed during the year. The job required $9,500 in direct materials and 35 hours
forsale [732]

Answer:

The appropriate answer is "$8,457,50".

Explanation:

The given values are:

Direct material cost,

= $9,500

Direct labor cost,

= $10,400

Units completed in job 412,

= 4

Now,

The total cost for completion of job 412 will be:

=  Direct \ materials \ cost + Direct \ labor \ costs

On substituting the values, we get

=  9,500 + 10,400

=  19,900 ($)

Unit produced cost will be:

=  \frac{19,900}{4}

=  4,975 ($)

70% of unit produced cost will be the profit margin, then

=  70 \ percent\times 4,975

=  3,482.50 ($)

hence,

The price charged to the customer will be:

=  Unit \ product \ cost + Profit \ margin

On substituting the values, we get

=  4,975 + 3,482.50

=  8,457,50 ($)

3 0
3 years ago
Michelle smith bought 30 shares of james company stock at $34 per share. the company paid annual dividends of $0.42 per share. w
larisa86 [58]

The number of shares purchased = 30 shares

Annual dividend per share = $ 0.42

Total annual dividends = Number of shares purchased × Annual dividend per share

Total annual dividends = 30 shares × $ 0.42 = $ 12.60

Thus, the total annual dividends = $ 12.60

5 0
3 years ago
Read 2 more answers
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