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Molodets [167]
3 years ago
12

Indicate whether each of the following statements is true or false.

Business
1 answer:
geniusboy [140]3 years ago
4 0

Answer:

1. b

2. a

3. b

4. a

5. a

Explanation:

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Mary makes 10 pies and 20 cakes a day and her opportunity cost of producing a cake is 2 pies. Tim makes 20 pies and 10 cakes a d
monitta

Answer:

If Mary and Tim specialize in the good in which they have a comparative​ advantage, ______.

Mary would specialize in making cakes while Tim would specialize in making pies.

Explanation:

a) Data and Calculations:

Mary's opportunity cost of making a cake = 2 pies

She can make additional 5 (10/2) cakes instead of making pies

This will increase her cakes to 25 a day (20 + 5)

Tim's opportunity cost of making a cake = 4 pies

She can make additional 40 pies (10 * 4) instead of making cakes

This will increase her pies to 60 pies a day (20 + 40)

When they specialize there will be 25 cakes and 60 pies produced in a day instead of 30 cakes and 30 pies.

5 0
3 years ago
The following information was taken from the 2021 financial statements of Waterway Industries: Bonds payable, January 1, 2021 $
zalisa [80]

Answer:

the amount reported as proceeds from bond issuance is $4,509,000

Explanation:

The computation of the amount reported as proceeds from bond issuance is as follows

Total Bond Issued during 2021

= Bonds payable, December 31, 2021 - Bonds payable, January 1, 2021 + Bond Payable retired

= $4,830,000 - $809,000 + $807,000

= $4,828,000

Now

Bond issued for cash is

= Total bond issued - Bonds issued in exchange for Equipment

= $4,828,000 - $319,000

= $4,509,000

Hence, the amount reported as proceeds from bond issuance is $4,509,000

4 0
2 years ago
Although the unemployment rate is the single best indicator of how well the labor market is working, we discussed in class that
shepuryov [24]

The unemployment rate is not considered to be a complete measure because it does not count discouraged workers.

<h3>How is the unemployment rate calculated?</h3>

The unemployment rate includes only people who are still actively searching for work and they have to be in the labor force.

People who have looked for jobs for a while and then got discouraged and given up, are not counted as unemployed which therefore depresses the unemployment rate.

Find out more on the unemployment rate at brainly.com/question/13280244.

#SPJ12

5 0
2 years ago
Someone who does not have an aptitude or ability in a career area is at disadvantage if they select a career in that
REY [17]

Someone who does not have an aptitude or ability in a career area is at a disadvantage if they select a career in that field. ... When working on developing an ability, it is important to get feedback to know how you are doing. True. Jobs that require you to use your aptitudes are typically unrewarding

8 0
2 years ago
Read 2 more answers
Treasury Bonds are _______.A. liquid, but not a store of value. B. a store of value, but not liquid. C. both liquid and a store
miss Akunina [59]

Answer:

C. both liquid and a store of value.

Explanation:

Treasury Bonds are fixed interest long term government debt instrument issued by the government through the monetary authorities (Federal Reserve or Central Bank) to raise fund from the public. Treasury bond has a maturity of between 10 and 30 years.

Treasury bonds is one of the most liquid financial instrument in the world as  it can be turned to cash within a day.

The T-Bond, as treasury bonds is often called is a good store of value as it pays interest and the principal is backed by a legal contract.

5 0
3 years ago
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