All categories

3 years ago

The table below represents the output of Poems and TV Commercials per day by two authors: Krystal or Mark:

Business

1 answer:

k0ka [10]3 years ago

3 0

Answer:

C. Mark has a comparative advantage in writing TV commercials and Krystal has a comparative advantage in writing poems.

Explanation:

Mark has absolute advantage in both as it can outproduce Krystal in both, ppoems and TB commercials

now, referring to comparative advantage:

Mark opportunity cost for TV comm: 12/4 = 3

Krystal opportunity cost for TV comm: 8/2 = 4

It has comparative advantage doing TV comm as it renounce to less poems

Mark opportunity cost for poems: 4/12 = 1/3

Krystal opportunity cost for poems: 2/8 = 1/4

Krystal has a comparative advantajge as it renounce to a quarter of TB commercial per poem while Mark to a third

You might be interested in

The Sarbanes-Oxley Act was passed in an effort to:_________

KatRina [158]

Answer:

A)control corporate behavior

Explanation:

Sarbanes-Oxley Act which came up in 2002, can be regarded as Public Company Accounting Reform and Investor Protection Act, is a reform act for public companies and investor protector. Sarbanes-Oxley Act was popped up in U S in order to to get the auditing of public companies fixed. It should be noted that the Sarbanes-Oxley Act was passed in an effort to control corrupt corporate financial behavior.

8 0

3 years ago

Metal Manufacturing has isolated four alternatives for meeting its need for increased production capacity. The following table s

gavmur [86]

Answer:

a. 42.5%, 34.4%, 34.21%, 30.63%

b. Option D

The question in proper order

Metal Manufacturing has isolated four alternatives for meeting its need for increased production capacity. The following table summarizes data gathered relative to each of these alternatives,

The table is inserted below

(Click on the icon located on the top-right corner of the data table below in order to copy its contents into a spreadsheet.)

a. Calculate the coefficient of variation for each alternative.

b. If the firm wishes to minimize risk, which alternative do you recommend? Why?

Explanation:

Coefficient of Variation = Standard Deviation/Expected Return * 100%

Standard

Expected deviation Coefficient of

Alternative return of return variation

A 20% 8.5% 42.5%

B 25% 8.6% 34.4%

C 19% 6.6% 34.21%

D 16% 4.9% 30.63%

(b)

Coefficient of Variation, CV, denotes the risk per unit of return. This implies that a low CV means a low risk per unit of return. Hence, the firm can minimize risk by opting for option D which gives the lowest CV and therefore offers the lowest risk

5 0

3 years ago

Toyota motor corporation executives were widely criticized for their failure in practicing __________ when selected toyota brand

lyudmila [28]

This would be stakeholder responsibility, if I remember correctly

3 0

3 years ago

Liddy Corp. began constructing a new warehouse for its operations during the current year. In the year Liddy incurred interest o

hjlf

Answer: $20,000

Explanation:

From the question, we are told that Liddy Corp. began constructing a new warehouse for its operations in the current year and that Liddy incurred interest of $10,000 on a working capital loan, and an interest on a construction loan for a warehouse of $70,000. The interest that was computed on the average accumulated expenditures for the warehouse construction was $60,000.

To calculate the amount of interest that Liddy should expense for the year, we add the $10,000 Liddy interest that Liddy incurred on a working capital loan plus the interest on the construction loan for the warehouse of $70,000. We then subtract the expenditure of $60,000 from the value gotten. This will be:

= $10,000 + $70,000 - $60,000

= $20,000

The amount of interest should Liddy expense for the year is $20,000.

7 0

4 years ago

Read 2 more answers

When the market is more optimistic about a firm, its share price will ______; as a result, it will need to issue _______ shares

Alborosie

Answer:

a) rise; fewer

Explanation:

In the case when the market is more optimistic so the price of the share would be increased that results in the issuance of the few shares to raise the funds that are required keeping all other constant.

Therefore in the given situation, the option a is correct

Hence, the same is to be considered

Thus, all the other options are incorrect

4 0

3 years ago

The table below represents the output of Poems and TV Commercials per day by two​ authors: Krystal or​ Mark:

The table below represents the output of Poems and TV Commercials per day by two authors: Krystal or Mark: