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Snowcat [4.5K]
3 years ago
11

Suppose that in Mexico, it takes four labor hours to produce one shirt and 10 labor hours to produce one computer. Suppose that

in the United States, it takes three labor hours to produce one shirt and x labor hours to produce one computer. Which of the following values of x will give Mexico the comparative advantage in the production of computers?
a. Eight
b. Five
c. Two
d. Six
Business
1 answer:
vitfil [10]3 years ago
4 0

Answer:

b,c,d

Explanation:

A country has comparative advantage in production if it produces at a lower opportunity cost when compared to other countries

The opportunity cost of producing a computer for Mexico= 4/10 = 0.4

for Mexico to have a comparative advantage in the production of computers, its opportunity cost for producing computers has to be lower.

we would try each of the options to know which would yield the higher opportunity cost for US

3 / 8 = 0.375

3 / 5 = 0,6

3/2 = 1.5

3 / 6 = 0.5

5, 2 AND 6 would give Mexico the comparative advantage

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Compounding is the process of  leaving your money and any accumulated interest in an investment for more than one period, thereby reinvesting the interest.

<h3>What is compounding?</h3>

This can be explained to be a situation where the interest that is made from a sum of money is added into the principal sum of money and reinvested.

The initial principal amount and the interest made after a period when added together is regarded as compounding.

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8 0
1 year ago
Which of the following is true of water budgets?
zysi [14]

Answer:

B. In the winter, when water use is low, precipitation exceeds evapotranspiration

Explanation:

A water budget can be seen as the relationship between the inflow and outflow of water through a specified region.  It gives a general Idea of the relationship between the demand and supply of water in that region.

Evapotransipration is the loss of water from the soil through evaporation from the soil and other surfaces and by transpiration from plants, while precipitation refers to  rain, snow, sleet, or hail that falls to the ground.

During winters due to the cold temperatures, the rate of water loss from the soil and from plants is much lower than the amount of precipitation which is on form of snow.

Snow covers most of the soil, freezing the soil water at the surface of the soil, making it difficult for evapotranspiration to occur. In addition to that, most deciduous trees shed their leaves during this period further reducing the total amount of transpiration in that region.

This makes option B correct

3 0
3 years ago
If a company using accrual-basis accounting wanted to overstate their income at the end of the fiscal year with increased shipme
VashaNatasha [74]

The two accounts that would be most at risk are: Sales and Accounts Receivable

Accrual method of accounting is an accounting method that reports on the company book  <em>revenue</em> and expenses as they occur in which assets are then adjusted when revenue and expenses are paid.

Assuming  a company or organization are to increased shipments which they are  having doubt about as to whether those shipment would either be returned or not paid for.

The company book would show increase in income and increase in account receivable as the company is yet to receive payment for the goods that were shipped.

In a situation were the goods that was returned are high which means that at the end of the fiscal year both sales and  account receivable account will be affected.

Inconclusion The two accounts that would be most at risk are: Sales and Accounts Receivable.

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4 0
2 years ago
if you choose between two summer jobs, what is the one you do not choose called? b. opportunity cost c. decision at the margin d
aleksandr82 [10.1K]
Opportunity cost because it was an option but not the right choice
8 0
2 years ago
Waterway Industries sells radios for $50 per unit. The fixed costs are $625000 and the variable costs are 60% of the selling pri
Sonbull [250]

Answer:

29,200 units

Explanation:

The computation of new break even point is given below:-

= Fixed Cost ÷ Contribution per unit

Fixed cost

= $625,000 + $105,000

= $730,000

Variable cost per unit = 50% of selling price

= $25

So, the break even point = $730,000 ÷ 25

= 29,200 units

Therefore for calculating the break even point we simply divide the $730,000 from 25 per unit variable cost.

7 0
2 years ago
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