Answer:
So 10 wind crimes has an opportunity cost 15 bird houses
or 1.5 per unit.
Explanation:
The opportunity cost is the cost of the goods it could been produced instead of the current output.
For the 10 wind chimes it will be the decreases in the birdhours production.
When Horatio moves to 25 from 15 wind chimes his bird house production fall to 15 from 30 Therefore, it decreases by 15
So 10 wind crimes has an opportunity cost 15 bird houses
we can do this metric by unit:
15/10 = 1.5 each additional wind chimes cost 1.5 bird house.
Answer:
B. False
Explanation:
Beginning balance
-Period of policy= expired 2 months
-Period of unexpired insurance = 1 month (Out of 3 month, Insurance premium for period "Jan 1 to Feb 28" is expired)
Amount in prepaid insurance insurance= $1800 * 1/3 = $600
Current balance
Period = "0" since period of coverage will start from 1 march
Period of unexpired insurance = 12
Amount in prepaid insurance = 4,100
Thus, Total amount in prepaid insurance for the beginning and Current period= $600 + $4,100 = $4,700
The amount in prepaid insurance is $4700, hence the balance as stipulated as Prepaid Insurance = $ 1,200 is false
Answer:
interests of consumers
Explanation:
The long run interests of consumers should be the paramount concern of government government trade policy. Consumers are negatively impacted by only a few dollars and producers have a great deal at stake. Employees may lose jobs if there are more efficient foreign competitors. In such a situation, government should help these employees to get jobs where they can be efficiently employed.
They focus on the economy
