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Alex
3 years ago
5

Iceland produces two goods: Viking hats (Y) and fish (X). Its production possibilities frontier is characterized as: Y = 50 – 2X

. The opportunity cost of catching (producing) an additional unit of fish in Iceland is a. increasing in fish production. b. constant in fish production. c. decreasing in fish production. d. unable to be determined from the information given.
Business
1 answer:
svlad2 [7]3 years ago
4 0

Answer: C

Explanation: from the given function Y=50-2X, Y is the dependent variable which represent the Viking Hat, while X is the independent variable representing Fish production.

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The management of Vimonland Theme Park sells that proprietary rights of all the park rides toan investment company to operate on
julsineya [31]

Answer:

a. licensor

Explanation:

The licensor is the person or company that have the rights on an idea, product, service, etc, and gives the licensee limited permission to market that. In this case, Vimonland Theme is a licensor because the company gives the rights to an investment company to operate a franchise.

8 0
3 years ago
Shares of Notung Cutlery Corp. closed 2010 at $75 per share. Notunghad 14.5 million shares outstanding. The assets are valued at
Kay [80]

Answer:

If you considered that outstanding shares are equal that total shares, then: market capitalization is $1.085 billions; market value added is $477.5 millions and the market-ti-book ratio is 1.78.

Explanation:

To get these numbers we calculate as follow: market capitalization = number of shares multiply by the price per share (75$ x 14.5 million); marked value added = market capitalization - (total assets - liabilities) [1.085 Bn - (1 Bn - 390 m)] ; and market-to-book ratio = market capitalization / book value (1.085bn/610m)

6 0
3 years ago
Natraj Corporation uses the weighted-average method in its process costing system. Operating data for the Lubricating Department
bazaltina [42]

Answer: $41,520

Explanation;

Equivalent units of production are used when some goods have not been fully processed but costs need to be attached to them. The incomplete ones will be converted to complete goods depending on how far along the production process they are.

Equivalent units for conversion costs = Transfers out during October + Ending WIP * Percentage completion

= 37,800 + (5,700 * 60%)

= $41,520

4 0
3 years ago
Which of the following does not influence parent-child relationship​
NISA [10]

Answer:

Monetary Contribution

Explanation:

Parent-child relationship refers to the way the parents nurture the social, physiological, and psychological development of the children.

Monetary contribution implied that in order for parents to give love and care to the children, the children need to provide the parents with a certain amount of money in return.

The type of care and attention that parents give to their children tend to be voluntary. It's purely based on unconditional love and affection. This is why we don't consider monetary contribution as a factor that influence parent-child relationship​.

6 0
3 years ago
Chadwick Enterprises, Inc., operates several restaurants throughout the Midwest. Three of its restaurants located in the center
zalisa [80]

Answer:

1. $2.5 million

2. $0

Explanation:

1. Since the book value is more than the generated future cash flows so book value cannot be recovered. In this case, the generated future cash flows are ignored  

In this scenario, we compare the values between book value and the fair value of machinery, the difference would be the loss on impairment of the asset

In mathematically,  

= Book value  - fair value

= $6.5 million  - $4.0 million

= $2.5 million

2. In this case, the sum of future cash flows is exceeded than the book value. So, no impairment loss would be recognized i.e zero amount

6 0
3 years ago
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