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
klasskru [66]
3 years ago
9

A. Jose's opportunity cost of producing and consuming one more orange is 2 melons. b. Alex's opportunity cost of producing and c

onsuming one more orange is 2/3 melon. c. Alex's opportunity cost of producing and consuming one more orange is 4,000 melons.
d. Jose's opportunity cost of producing and consuming one more orange is 1/2 melon.
Business
1 answer:
N76 [4]3 years ago
8 0

Answer:

Since the question is incomplete, we could infer that you like to know how to calculate opportunity cost.

Explanation:

Opportunity cost is the value of the next best alternative or option.

Opportunity Cost= FO−CO

where:

FO=Return on best foregone option

CO=Return on chosen option

Let's take for example, Jose expected return on investment in producing one orange is 20 percent over the next year, and also expects the return of investment for melon to be 18 percent over the same period.

His opportunity cost of choosing the melon over the orange using the formula FO−CO = (20% - 18%), which equals two percentage points.

You might be interested in
A shoe department carries more than 55 different styles of white sandals. this is a description of the shoe department's _______
Ksivusya [100]
<span>A shoe department carries more than 55 different styles of white sandals. this is a description of the shoe department's merchandise depth.

When you mix the product (merchandise) depth (variety) and product breadth (full amount) you are left with the </span>product or merchandise mix. In this case, a shoe department store that has 55 styles, has a large merchandise or product depth.
6 0
4 years ago
Read 2 more answers
Which is an example of someone who is cyclically unemployed?
Korolek [52]

Answer:

<em>A. autoworker who is temporarily laid off from an automobile company because of a decline in sales. </em>

Explanation:

Cyclical unemployment is <em>unemployment that occurs when full employment can not be met by the aggregate demand for goods and services in an economy.</em>

This takes place during times of decreased economic growth or times of economic slowdown.

Cyclical unemployment is directly linked to the degree of macroeconomic behavior, which is the combined or collective activity of all economically involved individuals and entities.

Instead of linear, this overall trend is cyclical-economic activity tends to increase and fall rather than always rising or falling.

7 0
3 years ago
Suppose that the quantity of money in circulation is fixed but the income velocity of money doubles. If real GDP remains at its
Shalnov [3]

Answer:

The equilibrium price level will double.

Explanation:

Suppose that the economy has a money supply of $4 billion and the income velocity of money is 8, the price level will be 4 and the real GDP is $8 billion. The formula we are using is:

  • Money supply x velocity = price level x real GDP

If the money supply remains the same ($4 billion), the income velocity of money is 16 (it doubles), and the real GDP is $8 billion, then the price level will be:

$4 x 16 = price level x $8

$64 = price level x $8

price level = $64 / $8 = 8

So the price level has doubled to 8.

4 0
3 years ago
. If the Fed wishes to conduct expansionary monetary policy, it should (select one) a. Increase required reserve ratio b. Decrea
Elza [17]

If the Fed needs to conduct expansionary monetary policy, it must b) decrease the required reserve ratio.

Expansionary economic coverage works via increasing the cash supply faster than traditional or lowering short-time period interest charges. it's far enacted by way of vital banks and comes about thru open marketplace operations, reserve requirements, and setting interest costs.

The Federal Reserve has 3 expansionary financial policy methods: lowering interest rates, decreasing banks' reserve necessities, and shopping for authorities' securities.

Expansionary monetary policy is genuinely a policy that expands (will increase) the delivery of money, while contractionary economic policy contracts (decreases) the supply of a rustic's forex.

Learn more about expansionary monetary policy here: brainly.com/question/9046840

#SPJ4

3 0
2 years ago
Judith Thompson is the manager of the student center cafeteria. She is introducing pizza as a menu item. The pizza is ordered fr
dolphi86 [110]

Answer:

The optimal number of pizza that Judith should order is 184.

Explanation:

Judith is introducing pizza in the cafeteria menu.

She is expecting a weekly demand of 10 pizzas.

The cafeteria is open 45 weeks a year.

The ordering cost of pizza for Judith is $15 and the holding cost is $0.40.

The annual demand for pizza

= 45\ \times\ 10

= 450

The optimal number of pizza will be the economic order quantity.

Economic order quantity can be defined as the optimal order quantity that a company should make to minimize its total cost of inventory.

Economic order quantity

= \sqrt{\frac{2\ \times\ Annual\ demand\ \times\  order\ cost}{Holding\ cost} }

= \sqrt{\frac{2\ \times\ 450\ \times\  15}{0.40} }

= \sqrt{33,750}

= 183.71

So the optimal number of pizza that Judith should order is 184.

7 0
3 years ago
Other questions:
  • What is the term for supply of product that cannot easily or quickly expand or reduce its production?
    14·1 answer
  • Although equity theory suggests that both partners who are overbenefited and underbenefited feel uncomfortable, the partner who
    13·1 answer
  • Fatima finds an article on march 16, 2014 titled "benefits of laptops" on the technologynow website. the article was written on
    13·2 answers
  • How does recycling help bridge the gap between renewable and nonrenewable resources
    5·1 answer
  • Jerry quarry sells building stone in a perfectly competitive market. At a its current level of building stone production, jerry
    5·1 answer
  • How does a firm in perfect competition identify profit maximizing output levels? How does this differ from profit maximization l
    12·1 answer
  • After researching the different forms of business organization, Natalie Koebel decides to operate "Cookie Creations" as a corpor
    15·2 answers
  • Presented below is the partial bond discount amortization schedule for Cullumber Corp. Cullumber uses the effective-interest met
    10·1 answer
  • Which of the following statements is false? Group of answer choices If economic profit is positive, accounting profit must also
    15·1 answer
  • company pays each of its workers on a per diem basis. if another worker is​ hired, fixed costs will increase while variable cost
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!