1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Misha Larkins [42]
3 years ago
11

The opportunity cost of producing a pair of pants in the USA is 5 bushels of wheat, while in China, it is 2 bushels of wheat. As

a result:
Business
1 answer:
alisha [4.7K]3 years ago
4 0

Answer:

Explanation:

As a result of these statistics there can be mutual gains from trade to the two countries if the USA exports wheat to China in exchange for pants. That is because USA is able to produce wheat at a much more efficient pace than China can, but at the same time China can produce pants at a much more efficient pace than the USA. Therefore by trading with one another they can focus on producing what each are most efficient in and trading what they are not, thus saving money.

You might be interested in
If you find a job you’re interested in on LinkedIn you should immediately
irakobra [83]

Apply for it and be a lucky man to live

6 0
4 years ago
"Some business and political leaders argue that offshoring is dangerous because it can move jobs from developed countries to les
vladimir2022 [97]

Answer and Explanation:

Arguments for U.S. Company offshoring:

1. Cost savings:

Companies usually offshore manufacturing or services to developing countries where wages are low, thus resulting in cost savings. These savings are passed on to the customers, shareholders and managers of these companies.

2. Skills:

The competitive advantage of nations often means that some countries or regions develop a much better ecosystem for certain types of industries. This means there is better availability of skilled human resources in that region for specific types of tasks. For example, India and the Philippines have a large pool of English-speaking, college educated youth; as well as a mature training infrastructure; that makes it ideal for business process outsourcing. Therefore, many companies choose to offshore certain business functions (e.g. call centers for customer support) to these locations.

Arguments for U.S. Company offshoring:

1. Quality Control:

While companies can set quality standards for work performed by foreign employees, language and cultural barriers, as well as overseas supply chains, can present barriers to quality control. Products made overseas can be flawed because of out-of-date or worn equipment in overseas factories, or substandard raw materials. In 2000, for example, Masterlock had to recall more than 750,000 locks made in China. Worn dies at the Chinese factory produced locks that could be pulled apart without a key.

2. Public Image:

In times of high unemployment in the United States, sending jobs out of the country can hurt a company’s public image. Fewer regulations in other countries can make it less expensive for American factories to operate, but environmental damage and labor abuses that make the news can tarnish the image of companies involved there. Consumers have organized boycotts against companies that use child labor or sweatshops to produce clothing and shoes. In response, companies such as Nike, Dell and Gap have established codes of conduct for their suppliers.

8 0
3 years ago
Ginny and Lucia are roommates. They spend most of their time studying (of course), but they leave some time for their favorite a
Arturiano [62]

Answer and Explanation:

As it is given that Ginny takes 3 hours for brewing a root beer gallon and 2 hours to make a pizza

So,

the opportunity cost of brewing a root beer gallon is

= 3 ÷ 2

= 1.5 gallons

And, the ginny opportunity cost for brewing a root beer gallon is

= 7 ÷ 5

= 1.4 gallons

As she takes 5 hours to make a pizza and 7 hours for brewing a root beer gallon

6 0
3 years ago
Assume Company X had an 80,000 EBITDA in 2019 and its EBITDA is expected to grow by 4% per year. The company has no excess cash
yan [13]

<u>Solution and Explanation:</u>

1….                                            2019  2020  2021 2022

EBITDA                              80000  83200  86528  89989

EBITDA Multiple                            14     14               14  14

Enterprise or Total Value

= EBITDA*Multiple             1120000  1164800  1211392  1259848    

2012 Enterprise/Total Value =  1259848

2…Next year's expected gross margin

<u>Alternative :1 </u>

Gross Margin= (200000 * 1.05) * 30 \%=63000

<u>Alternative :2 </u>

Gross Margin= (200000 * 1.01) * 33.3 \%=67266

Alternative 2 is recommended   as there Increase in price is 1% . But increase in gross margin is 3.3%

Next year’s expected gross margin in dollars in each case

Alternative :1------------ 63000

Alternative :2------------67266

 

3 0
3 years ago
Pwease help me. I need so much help
gizmo_the_mogwai [7]
Jdjdjjdjdjjdjdjxnnxnnxnxjdjfnfnjtjfjjfjfbcbch hh b h
5 0
3 years ago
Read 2 more answers
Other questions:
  • QUESTIONS
    15·1 answer
  • Garrison Woodproducts and Mathis Woodproducts are the two largest wood product competitors in the United States. However, these
    11·1 answer
  • Carla Vista Corp. has total current assets of $11,420,000, current liabilities of $4,354,000, and a quick ratio of 0.99. How muc
    13·1 answer
  • On January 1, 2018, Glanville Company sold goods to Otter Corporation. Otter signed an installment note requiring payment of $15
    8·1 answer
  • The cpi is a measure of the overall cost of the goods and services bought by __________. a a typical consumer, and the cpi is co
    12·1 answer
  • Haven Company uses the percentage of receivables method for recording bad debt expense. The accounts receivable balance is $600,
    12·1 answer
  • An investment offers to double your money in 30 months (don’t believe it). What rate per six months are you being offered? (Do n
    10·2 answers
  • To support herself while attending school, Daun Deloch sold stereo systems to other students. During the first year of operation
    12·1 answer
  • Interview can be defined as an attempt to
    9·1 answer
  • One of the departments at Yolo Industries has entered into a 9 year lease for a piece of equipment. The annual payment under the
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!