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3 years ago

HELP PLSSSSSS ECONMICS qjhewdkvdfjndbc vjdsncxkjd

Business

1 answer:

larisa86 [58]3 years ago

8 0

Answer:

C. Country A would focus on growing carrots to trade with country country B.

Explanation:

Country A can produce twice as many carrots as country B. this indicates that country A seems to have a comparative advantage over Country B in carrot production. Both countries have equal capacity in the production of apples.

Country A should focus on producing carrots for sales to country B. It can produce double what country B can, meaning its production costs are lower. Country A can sell carrots to country B at a lower price than it would cost country B to produce its carrots. Therefore, country A would be prudent to focus on producing carrots and trade them to country B.

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Why are economic systems needed? Respond to the question below with a minimum of 5 sentences.

harina [27]

Answer:

Explanation:Since economic resources are scarce, they must be used efficiently. We want to produce as much goods and services as we can, and in the process, produce the goods and services needed the most. There are five functions an economic system performs in producing goods and services for consumption.

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3 years ago

Maria has started a lawn care service about a year ago. She did

Yuliya22 [10]

I believe it’s growth

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3 years ago

Read 2 more answers

A firm that is not economically efficient still maximizes profit if the price at which it sells its good or service is high enou

frozen [14]

Answer:

C. A firm that uses more labor and less capital than another firm cannot be technologically efficient

Explanation:

"Technological efficiency" is different from "economical efficiency."

Technological efficiency focuses on having the least amount of inputs in hitting the maximum output. Economical efficiency focuses on having the least amount of cost in hitting a maximum output.

Choice c mentioned about "more labor" so, this shows that it is not technologically efficient because it has more inputs. It should include only the fewest number of labor, since it is the concern of a technologically-efficient firm (and not the cost).

This also shows that a "technologically-inefficient method" can be "economically-efficient."

7 0

3 years ago

Braxwell Corporation acquired the following assets associated with a manufacturing facility for a lump-sum price of $9,400,000.

arlik [135]

Answer:

purchase cost of patent = $1,880,000

Explanation:

total independent values = $1,100,000 + $2,200,000 + $3,300,000 + $4,400,000 = $11,000,000

we must allocate the purcahse cost proportionally:

purchase cost of building = $1,100,000/$11,000,000 x $9,400,000 = $940,000

purchase cost of patent = $2,200,000/$11,000,000 x $9,400,000 = $1,880,000

purchase cost of land = $3,300,000/$11,000,000 x $9,400,000 = $2,820,000

purchase cost of equipment = $4,400,000/$11,000,000 x $9,400,000 = $3,760,000

7 0

3 years ago

RSTN Co. produces its product through two sequential processing departments. Direct materials and conversion are added to the pr

Wittaler [7]

Answer:

Total equivalent units 157,000

Explanation:

Item Units Workings EU Notes

Opening inventory 30,000 70%×30,000 2,100 1

Fully worked 7 120,000 100%×120,000 120,000 2

Closing WIP 20,000. 80%×20, 000 16,000 3

Total equivalent units 157,000

Notes

1. The degree of completion for opening inventory is 70% i. e 100%-30%. Remember that 30% work has been done in the previous period, so the balance is to be done in this current period

2. Fully work represent the units of inventory introduced in the current period and completed in the same period. Meaning 100% work was achieved in the period.

3. Closing work is only 80% completed. This represent work started this period but not yet completed.

Equivalent units for the month of October is 157,000 units i.e (2,100+120,000+16,000)

5 0

3 years ago