Which of the following is a comparative advantage?

Sailmaster makes high-performance sails for competitive windsurfers. Below is information about the inputs and outputs for one m

Darya [45]

Answer:

Productivity= 4.147

Explanation:

Productivity measures the efficient use of resources, capital, land, materials, energy, or information in the production of products and services. A highly productive process achieves more with a given level of resources.

We are to calculate productivity as a.ratio of sales revenue to labour expense.

Sales revenue= units sold* unit price

Sales revenue= 1,236* 1,719

Sales revenue= $2,124,684

Labour expense= total hours* hourly rate

Labour Expense= 46,574*11

Labour Expense= $512,314

So Productivity= Sales revenue/ Labour expense

Productivity= 2,124,684/ 512,314

Productivity= 4.147

5 0

3 years ago

Making selection decisions by subjectively combining sources of information according to the general impression of the hiring sp

adelina 88 [10]

This is often referred to as the clinical approach. The clinical approach is also known as the threshold approach to clinical decision making. This approach combines rational and quantitative information with a general approach to decision making. In this situation, say you were hiring a new employee, a person using the clinical approach would look at their resume in how they match up with numbers and on paper to the candidate their looking for but also who they are as a person in a general sense.

7 0

3 years ago

Consider the economies of Macmillana and Bloedelo, which are identical except that the multiplier in Macmillana is smaller than

GrogVix [38]

Answer:

Macmillana's GDP is less sensitive economic fluctuations than Bloedelo's GDP. Two reasons account for this:

1) The keynesian multiplier is smaller.

The keynesian multiplier tells us about the sensitivity of GDP to increases in domestic expenditure (consumption, investment or government purchases). If the keynesian multiplier is small, then, GDP will be less sensitive to fluctuations in aggregate expenditure.

2) Macmillana's economy has implemented automatic stabilizers, while Bloedelo's economy has not.

Automatic Stabilizers are government policies meant to reduce fluctuations in GDP. The two most common automatic stabilizers are: income taxes and unemployment benefits.

Automatic Stabilizers reduce the kenyensian multiplier, dampening Macmillana's GDP sensitivity to fluctuations even more.

3 0

4 years ago

Many economists are critical of the minimum wage because they believe that it: A. hurts the efforts of labor unions.B. reduces t

Alex73 [517]

Answer and Explanation:

B. reduces the number of available job opportunities

8 0

4 years ago

During 2018, its first year of operations, Pave Construction provides services on account of $142,000. By the end of 2018, cash

Dimas [21]

Answer:

1. Record the adjustment for uncollectible accounts on December 31, 2018.

Dr Bad debt expense 10,250

Cr Allowance for doubtful accounts 10,250

Allowance for doubtful accounts is a contra asset account that reduces the amount of accounts receivable and has a credit balance.

2. Calculate the net realizable value of accounts receivable.

net realizable value of accounts receivable = total accounts receivable - allowance for doubtful accounts = $41,000 - $10,250 = $30,750

Explanation:

total services on account $142,000

cash collected $101,000, remaining accounts receivable $41,000

25% of remaining accounts receivable will be uncollectible = $41,000 x 25% = $10,250 in bad debts

5 0

4 years ago