Answer / Explanation
The question is incomplete as the options of answers were not given. Kindly kind the complete question with the answer options below.
If Hosne and Merve switch from each person dividing her time equally between the production of purses and wallets to each person spending all of her time producing the good in which she has a comparative advantage, then total production of purses will increase by
a. 2
, b. 3
, c. 5
, d. 10
The answer is 3, the total production of purses will increase by 3
Explanation:
To properly interpret this question, we will have to define some terms which includes:
Comparative Advantage: comparative advantage simply refers to a country economy or a country economic ability to produce goods and services at a cost lower or lower opportunity cost than its counter parts or other country trade partners. A comparative advantage gives a company the ability to sell goods and services at a lower price than its competitors and realize stronger sales margins.
If we refer back tot he question considering the effect of comparative advantage, the answer will be 3 out of the given options that complete the question.
Answer:
d
Explanation:
The different methods of determining marketing budget includes :
Percentage of Sales method. - it is usually used by small businesses. it is when a percentage of sales is used to determine the overall budget of marketing communications.
Objective and Task method ; this involves a firm determining it objectives and then estimating the cost of reaching these objectives
Market Share method. - uses its market share to determine its budget
Unit Sales method. - the cost of marketing for one item is determined and then multiplied by the desired sales level
Answer:
Annual financial disadvantage = $ (669,600)
Explanation:
Relevant cost are future incremental cash costs that arise as a direct consequence of a decision.
The relevant costs of this decision to disconnected includes the following:
- The variable cost of making the product = $19 per unit
- Sales revenue at a price of $25
- Savings in avoidable fixed costs (102,000-72,000) = 30,000
Annual financial advantage
$
Lost contribution $(25-19)× 4,300 units = (85,800)
Saving in fixed cost = <u> 30,000</u>
M<em>onthly net loss </em><em><u> 55,800</u></em>
Annual financial disadvantage
Monthly net loss × 12 months
= (55,800) × 12
= $ (669,600)
before the period begins
What is period progresses?
A Progress Payment may be provided for a period of time called a Progress Period that is both less than and included in the Performance Period. 2.22 "Target Reward" refers to the target award, as decided by the Committee in accordance with Section 3.3, payable under the Plan to a Participant for the Performance Period, expressed as a percentage of his or her Base Salary or as a specific monetary amount. 2.23 "Termination of Employment" refers to the end of the employee-employer relationship between an employee and the Company or an Affiliate for any reason, including, but not limited to, terminations due to resignation, discharge, death, disability, or retirement that take place in accordance with the rules that may from time to time be established by the Committee (at its discretion).
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