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Airida [17]
2 years ago
10

Assume that Saudi Arabia has production possibilities to produce either 100 barrels of oil using 100 worker hours or 25 bushels

of corn using 100 worker hours. If it decides to produce 60 barrels of oil, how many bushels of corn can it produce
Business
1 answer:
Hatshy [7]2 years ago
5 0

Answer: 10 bushels

Explanation:

If they produce 100 barrels of oil using 100 worker hours, it means that the number of work hours taken for 1 barrel is:

= 100 / 100

= 1 work hour

For bushels however, 1 worker hour produces:

= 25 / 100

= 0.25 bushels of corn

If 60 barrels of oil are produced, it means 60 worker hours were used which would leave 40 worker hours.

Bushels of corn produced is therefore:

= 40 * 0.25

= 10 bushels

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What is the process of converting the currency of one country into the currency of another country?
Arada [10]

Answer:

Foreign exchange

Explanation:

The process of converting the currency of one country to another is known as foreign exchange or Forex. Converting or exchanging to a particular currency is buying that currency. One needs to have their home currency or any other currency to convert it to the desired currency.

If both currencies have equal strengths, then one unit of a currency should exchange with one unit of the other. The exchange rate would be one. Since currencies have different strengths, they convert or exchange at different rates.

5 0
2 years ago
In setting the production level, a firm's cost curves A. by themselves do not tell us what decisions the firm will make. B. have
prisoha [69]

Answer: Option A : by themselves do not tell us what decisions the firm will make.

Explanation: Using the cost curve to make decisions is the function of the firm's internal decision mechanism

7 0
3 years ago
As a baby, charlie resisted being held and showed no interest in human stimulation. usually passive, he sometimes played with hi
Vika [28.1K]
I think and arrange Charlie as having an autistic disorder, which can be grouped by impeded social association and correspondence. 
It is a neurological and formative issue that typically shows up amid the initial three years of life. A tyke with extremely introverted-ness seems to live in their own reality, indicating little enthusiasm for others and an absence of social mindfulness.
3 0
2 years ago
Which of these is critical information you should take into account when purchasing a new car? (5 points)
son4ous [18]

Answer:

reviews from reliable sources

Explanation:

you want to make sure that what you are buying is a good make and model and that others have not had issues with the car

5 0
3 years ago
Parsons Corporation uses a predetermined overhead rate based on direct labor-hours to apply manufacturing overhead to jobs. Last
arsen [322]

Answer:

option (C) 32,750 hours

Explanation:

Data provided in the question:

Actual manufacturing overhead cost = $250,000

Overapplied overhead = $12,000

Predetermined overhead rate = $8.00 per direct labor-hour

Now,

The total Manufacturing Overhead applied last year

= Actual manufacturing overhead cost + Overapplied overhead

=  $250,000 + $12,000

= $262,000

Therefore,

Direct Labor Hours worked last year = \frac{\textup{Total Manufacturing Overhead applied}}{\textup{Predetermined overhead rate}}

or

=  \frac{\textup{262,000}}{\textup{8}}

= 32,750 hours

Hence,

The correct answer is option (C) 32,750 hours

6 0
3 years ago
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