1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
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

You might be interested in
Using the picture of the supply and demand curves below, identify the point which
Doss [256]

Answer:

c is the correct represent the equilibrium price if I am not wrong

Explanation:

<em>sry </em><em>if </em><em>I </em><em>a</em><em>m</em><em> </em><em>wrong</em>

8 0
2 years ago
Which label(s) would mark the produce that you are least likely to purchase even if it was very affordable?A.no label B.100% org
Burka [1]

Answer:  C.grown with pesticides and chemical fertilizers

Explanation: We must choose this answer because pesticides and chemical fertilizers are guilty of most allergies and diseases worldwide. The best action you can do is choose 100% natural and organic items certificate on the label, so we make sure that they will be suitable for our consumption without any consequence.

7 0
3 years ago
Logan, a 50 percent shareholder in Military Gear Inc. (MG), is comparing the tax consequences of losses from C corporations with
Musya8 [376]

Answer:

$9,840

Explanation:

In this question, we have to take the difference between the payment for S corporation and the C corporation

If Military Gear Inc is a C corporation, then the payment would be

= Ordinary income × marginal tax rate

= $84,000 × 24%

= $20,160

And, if Military Gear Inc is a S corporation, then the payment would be

= (Ordinary income - net effect) ×  marginal tax rate

= ($84,000 - $41,000) × 24%

= $43,000 × 24%

= $10,320

The net effect would be

= $159,000 - $118,000

= $41,000

The net payment would be

= $20,160 - $10,320

= $9,840

4 0
3 years ago
A firm can effectively use its operations function to yield competitive advantage through all of the following except
ira [324]

Answer:

The correct answer is b.setting equipment utilization goals below industry average.

Explanation:

A firm cannot achieve competitive advantage by setting its equipment utilization goals as this will not retain its customers.

If a firm wants to achieve competitive advantage it can achieve it by;

Addressing its customers concerns and customizes the products according to their needs.  

Providing customers their ordered products earlier than other companies lead time, which means increase in speed of delivery and shortens the delivery time.

Bring improvement and advancements in its products by using new technology.

Maintain a variety of different product options to cater the needs of its various customers. Offering them a wide range of products will probably reduce chances of customer switch.

4 0
3 years ago
When preparing a journal entry for a transaction that affects retained earnings, the "Retained Earnings" account should not be d
yarga [219]

Answer:

True

Explanation:

Retained earnings are the net earnings of an entity accumulated over time after payment of dividend. It is that part of earnings that is retain for expansion by the entity.

Generally, retained earnings are not changed by direct posting except it is prior year adjustment. in some entities, the amount that is transferred to retained earnings is system generated. Most transactions that affect retained earnings are debited or credited to account which ultimately affects retained earnings

4 0
3 years ago
Other questions:
  • Which of the following statements is true?
    12·1 answer
  • Why was the sack dress named so?
    6·1 answer
  • As Bart Brownlee approached retirement, he decided the time had come to invest some of his nest egg in a conservative fund. He c
    5·1 answer
  • ________ forces the salesperson to be open-minded and to shoot for the top.
    14·1 answer
  • Instead of deciding to finish high school, you could have decided to work full-time. How would an economist explain your decisio
    12·1 answer
  • Allegheny Company ended Year 1 with balances in Accounts Receivable and Allowance for Doubtful Accounts of $70,000 and $3,600, r
    12·1 answer
  • The following labor standards have been established for a particular product: Standard labor hours per unit of output 4.3 hours
    9·1 answer
  • On December 31, 2021, the end of the fiscal year, California Microtech Corporation completed the sale of its semiconductor busin
    14·1 answer
  • China's government is encouraging companies to __________. View Available Hint(s)for Part D China's government is encouraging co
    6·1 answer
  • In 25 years, a bond with a 4.75% annual interest rate earned $2,375 as interest. What was the principal amount of the bond if th
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!