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mafiozo [28]
3 years ago
10

On average, workers in Australia can produce 3 units of agriculture output or 9 units of manufacturing output per day. In Guyana

, workers can produce 4 units of agriculture or 8 units of manufacturing output per day.
1. What is the opportunity cost of agricultural output in Canada? units of manufacturing output?
2. What is the opportunity cost of agricultural output in Guyana? units of manufacturing output?
Business
1 answer:
tester [92]3 years ago
8 0

Answer:

3 UNITS OF MANUFACTURING OUTPUT

2 units of manufacturing output?

Explanation:

Opportunity cost or implicit is the cost of the option forgone when one alternative is chosen over other alternatives.

the opportunity cost of agricultural output in Australia = manufacturing output per day / agricultural output

= 9/3 = 3

the opportunity cost of agricultural output in Guyana = manufacturing output per day / agricultural output

= 8/4 = 2

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almond37 [142]

Answer:

A.

Explanation:

because 500x12 = 6,000 if you need to pay 500 every month then you need to pay 6,000 every year because they are 12 months each year and 500x12 = 6,000

6 0
3 years ago
Type your answer in the box.
jasenka [17]

Answer:

$900

Explanation:

The computation of the amount of the overhead allocated is shown below:

But before that the predetermined overhead rate is

As we know that

Predetermine overhead rate is

= Estimated manufacturing overhead ÷ estimated direct labor hours

= $450,000 ÷ $150,000

= $3

Now the overhead allocated is

= 300 direct labor hours × $3

= $900

5 0
3 years ago
Zilly Co. predicts sales of $176,000 for June. Zilly pays a sales manager a monthly salary of $6,900 and a commission of 7% of t
Naddik [55]

Answer:

Preparation of selling expenses is below

Explanation:

The preparation of selling expense budget for the month of June is shown below:-

                                      Zilly Co.

                                        June

Sales budgeted $176,000

Commission of sales in percentage  7%

Sales Commission                                          $12,320

Add: Monthly salary of sales manager          $6,900

June Selling expenses                                   $19,220

Note :- For computing the Monthly salary of sales manager we multiply Sales budgeted with commission of sales in percentage.

7 0
3 years ago
If prices are reduced 25% and sales increase 20%, what is the net effect on gross receipts?
FrozenT [24]
Ok let me state that if it is reduced by 25% is the same a multiplied by 0.75. Increased by 20% is the same as multiplied by 1.20. So what you need to do is multiply the two multipliers together to get the net effect. Now let me give you an example:  <span>If I sell 100 things a day and sales go up 20% I sell 120 things a day. That is the same as multiplying sales by 1.20. So the formula you can use is
Gross Receipts = Sales Price * Number of units sold.
If I change Sales Price and Number of units sold each by simple multipliers, the effect on Gross Receipts will be the product of the multipliers. I hope this helps</span>
7 0
3 years ago
The modern state and its economic and infrastructure developments allowed people to travel more freely, necessitating language s
Mamont248 [21]

Answer:

An increasing sense of national identity

Explanation:

The modern economy is now becoming a global village where the internet has made communication very easy, and better infrastructure fro travelling also encouraged the global nature of the economy today.

There is an increasing sense of national identity where country borders are becoming less relevant. There is the need for language standardisation to ease communication gaps.

5 0
3 years ago
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