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kap26 [50]
3 years ago
7

uppose that the resource base in Country X can produce either 100 units of alpha or 300 units of beta. Similarly, suppose that C

ountry Y's resource base is capable of producing 100 units of alpha or 200 betas. Clearly, the opportunity cost of 100 alphas is lower in (1) ________ Based on this result, it would be best for Country X to concentrate on good (2) ________
Business
1 answer:
anastassius [24]3 years ago
7 0

Answer:

y

beta

Explanation:

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

Opportunity cost of country X in producing alpha = 300 / 100 = 3 units of beta

Opportunity cost of country Y in producing alpha = 200 /100 = 2 units of beta

Y has a comparative advantage in the production of alpha

Opportunity cost of country X in producing beta = 100/ 300 = 0.3

Opportunity cost of country Y in producing beta = 100/200 = 0.5

X has a comparative advantage in the production of BETA

alpha 3 2

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Answer:

C

Explanation:

The Production possibilities frontiers is a curve that shows the various combination of two goods a company can produce when all its resources are fully utilised.  

As more quantities of a product is produced, the fewer resources it has available to produce another good. As a result, less of the other product would be produced. So, the opportunity cost of producing a good increase as more and more of that good is produced.

If the PPF is a straight line, it means there is a constant opportunity cost no matter the point one is on the curve

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g The lower risk nature of longminusterm debt in a​ firm's capital structure is due to the fact that​ ________. A. the debt hold
IRINA_888 [86]

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8 0
3 years ago
Boone Company purchased a piece of machinery by paying $18,000 cash. In addition to the purchase price, the company incurred $80
Mkey [24]

Answer:

The correct answer is $18920.

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4 0
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Feliz [49]

Answer:

a. The simple ranking method

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The simple ranking method -

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