Answer:
the price per unit is $12.50 (
Answer:
A) $50
Explanation:
Differential cost: It is that cost which shows a difference between two alternatives choices. The benefit which comes after the exchange of alternatives would be termed as differential cost.
In mathematically,
Differential cost = Buying model - usage model
= $700 - $650
= $50
The concert tickets are represented as an opportunity cost.
Identifying the present human resources that are accessible inside the organization will be the first phase of the forecast.
<h3>What does the word "organization" mean exactly?</h3>
a general phrase used to describe any kind of formal or informal association between people. Any sort of political and civil association of individuals is considered an organization, along with a business, a government, a partnership, etc. An organization's main objective is to comprehend and efficiently manage the business.
<h3>What three types of organizations are there?</h3>
The organizational structures utilized by the majority of businesses today can be categorized into three types: functional, departmental, and matrix. Before choosing which of these forms to use for their firm, owners must weigh the benefits and drawbacks of each.
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Answer:
Explanation:
United States is producing 200 tons of hamburgers and 60 tons of tacos.
United States' opportunity cost for producing 1 ton of hamburgers
= 
= 0.3
United States' opportunity cost for producing 60 tons of tacos.
= 
= 3.33
So we see that US has a lower opportunity cost in producing hamburgers, so it has a comparative advantage in producing hamburgers.
Mexico is producing 40 tons of hamburgers and 50 tons of tacos.
Mexico's opportunity cost of producing a ton of hamburgers
= 
= 1.25
Mexico's opportunity cost of producing a ton of tacos
= 
= 0.8
So we see that Mexico has a lower opportunity cost in producing tacos, so it has a comparative advantage in making tacos.
Since US specializes in making hamburgers, it will produce 200 tons of hamburgers and 0 tons of tacos.
Mexico specializes in making tacos, it will produce 50 tons of tacos and 0 tons of hamburgers.
