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Nata [24]
2 years ago
11

Bill and Fred bake cakes and pies. Bill's opportunity cost of baking 1 pie is 5 cakes. Fred's opportunity cost of baking 1 pie i

s 7 cakes. If both parties are to benefit from trade then we can expect 1 pie to sell for: Group of answer choices
Business
1 answer:
Nataly [62]2 years ago
4 0

Explanation:

Bill will benefit from trade If 1P > 3C and Fred will benefit from trade If 1P < 5C

Thus, both will benefit from exchange if 3C < 1P < 5C.

That means that both of them would benefit from trading if 1 pie are to be traded for more than 3 cakes and less than 5 cakes like 1 pie is exchanged for 4 cakes. (As a result, since both sides are to profit from exchange, we should expect 1 pie to be exchanged for 4 cakes)

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Read the scenario below and then answer the question. Sample scenario: Scientists have created a new grass seed that stops grass
Ray Of Light [21]

Answer: a good with an elastic supply

Explanation:

Price elasticity of supply simply refers to how the changes in market price of a good bring about a responsiveness to the supply of such good.

Based on the information given, the best description of the grass seed that is described in this scenario is that it's a good that has an elastic supply. This is because the price of the good in thus case, is sensitive to the changes in the price.

7 0
3 years ago
Read 2 more answers
Team building is considered part of which stage of team development
faltersainse [42]
Let's see there's forming, storming, norming and performing. I would use teambuilding during forming to limit the amount of storming in the next stage.
3 0
3 years ago
From the standpoint of the issuing company, a disadvantage of using bonds as a means of long-term financing is that
kumpel [21]

Answer:

interest must be paid on a periodic basis regardless of earnings

Explanation:

Businesses need funds to operate and they sometimes issue bonds to get the needed bonds.

Bonds are debt instruments that are sold to investors to get funds. Interest is also paid to the bond buyer for the tenure of the bond.

The major disadvantage of using bonds as a source of bonds from the standpoint of the issuer is that interest must be paid on a periodic basis regardless of earnings.

6 0
2 years ago
Blanchard Company manufactures a single product that sells for $180 per unit and whose total variable costs are $135 per unit. T
Ira Lisetskai [31]

Answer:

1.$35,000

2.$6,300,000

Explanation:

The computation of Unit sales to earn the target income and Sales amount at required profit is given below:-

a. Contribution per unit = Unit sale price - Unit variable cost

= $180 - $135

= $45

Unit sales at required profit = (Sales cost + Required cost) ÷ Contribution per unit

= ($562,500 + $1,012,500) ÷ $45

= $1,575,000 ÷ $45

= $35,000

b. Sales amount at required profit = Unit sales at required profit × Unit sale price

= $35,000 × $180

= $6,300,000

8 0
3 years ago
Your local toy store just announced that it will pay a $4 dividend next year, $3 the following year, and then a final liquidatin
topjm [15]

Answer:

It would sell for 761.49 dollars

Explanation:

Generally, stock prices are determined on stock market based on supply and demand mechanism. However, according to the discount dividend model present value of stock could be calculated as dividend per share/(cost of capital equity-growth rate). Growth rate between year 1 and 2 is 3-4/4 equals to -0.25%. From year 2 until year 3 it is 46-3/3 equals to 14.33%. Now we can take arithmetic average of these two and we get 7.04%( 14.33-0.25/2). Finally share could sell today for 46+3+4/(14-7.04%) equals to 761.49 dollars

8 0
2 years ago
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