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hodyreva [135]
3 years ago
11

China produces many products at the lowest cost possible, even though Chinese consumers do not desire many of these products (e.

g., football helmets). China is achieving: A) production efficiency only B) allocative efficiency only C) both production efficiency and allocative efficiency D) neither production efficiency nor allocative efficiency
Business
1 answer:
Setler79 [48]3 years ago
3 0

Answer:

Production efficiency.

Explanation:

It's production is efficient because produces products at a lower cost that the competition.

It's not allocative efficiency, because when this happens, production represents costumers preferences.

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The following costs and useful life data are associated with two new machines being considered at Arun Tech Inc.
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Answer:

Machine B has a higher NPV therefore should be produced

Explanation:

The machine with the higher Net Present Value (NPV) should be produced .

NPV of Machine A

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PV of annual profit = A × (1- (1+r)^*(-n)/r

A- 92,000, n- 11, r- 12%

PV = 92,000 × (1- (1.12^(-11)/0.12 = 546268.32

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PV = 103,000 × (1- (1.12^(-19)/0.12= 758675.0165

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Machine B has a higher NPV , therefore should be produced.

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Skyline Florists uses an activity-based costing system to compute the cost of making floral bouquets and delivering the bouquets
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