Answer:
Explanation:
United States is producing 200 tons of hamburgers and 60 tons of tacos.
United States' opportunity cost for producing 1 ton of hamburgers
= 
= 0.3
United States' opportunity cost for producing 60 tons of tacos.
= 
= 3.33
So we see that US has a lower opportunity cost in producing hamburgers, so it has a comparative advantage in producing hamburgers.
Mexico is producing 40 tons of hamburgers and 50 tons of tacos.
Mexico's opportunity cost of producing a ton of hamburgers
= 
= 1.25
Mexico's opportunity cost of producing a ton of tacos
= 
= 0.8
So we see that Mexico has a lower opportunity cost in producing tacos, so it has a comparative advantage in making tacos.
Since US specializes in making hamburgers, it will produce 200 tons of hamburgers and 0 tons of tacos.
Mexico specializes in making tacos, it will produce 50 tons of tacos and 0 tons of hamburgers.
The answer to this question is <span>assets decrease; stockholders' equity decreases
The journal for this transaction would be
Debit: Rent expense xxxxx
Credit: Cash xxxx
Since cash is considered an asset, it will decrease asset if it placed on credit.
Since expense will reduce net income that will be allocated to stockholders' equity, it will reduce stockholders' equity when placed on debit </span>
The increase in demand and limited availability or unchanged availability of supply= Price Increase
Answer: (B) Production house
Explanation:
A production house is one of the type of studio or the company where the team basically providing the different types of duties on the basis of specialization.
According to the given question, the RT designs is one of the example of production house as the RT design is the company that basically designing the whole advertisement and also recording, filming the specific given advertisement.
Therefore, this company performing this type of functions is known as the production house.
Total cost: $412.00
Marginal cost: $105.00
Average total cost: $103.00
Average variable cost: $50.00
What is marginal cost?
The marginal cost is the cost of producing one more unit of manufacturing. Since marginal cost aids in determining the level of production that is most efficient for a manufacturing process, it is a crucial topic in cost accounting. It is computed by estimating the costs involved in producing just one more unit.
Say, for illustration, that it costs $100 to produce 100 vehicle tires. It would cost $80 to produce one more tire. The cost to produce one extra unit of a good or service is then known as the marginal cost. The marginal cost is determined by the production expenses.
To learn about marginal cost click on the given link:
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