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lara [203]
3 years ago
14

In italy, an automobile can be produced by 8 workers in one day and a washing machine by 3 workers in one day. in the united sta

tes, an automobile can be produced by 6 workers in one day, and a washing machine by 2 workers in one day. please don't abbreviate the country name for your answers (use italy.united states).
a. has an absolute advantage in the production of automobiles? has an absolute advantage in washing machines?
b. has a comparative advantage in the production of washing machines? has a comparative advantage in automobiles?
c. this means that should specialize in washing machines and should specialize in automobiles. blank 1: blank 2: blank 3: blank 4: blank 5: blank 6: question 2 shadow and kodi are stranded on a tropical island. in 1 hour kodi can cut down 12 coconuts or catch 8 fish. in 1 hour shadow can cut down 10 coconuts or catch only 5 fish. who has absolute advantage in cutting down coconuts? who has absolute advantage in catching fish? who has comparative advantage in cutting down coconuts? who has comparative advantage in catching fish? if they each spend one-half of our time cutting down coconuts and catching fish, how many coconuts and fish can they produce in total between us in two hours? if they decide to specialize, how many coconuts and fish can they produce in total between us in two hours? please put you answers in fractions. answers 1. has the absolute advantage in cutting down coconuts. has the absolute advantage in catching fish. 2. has the comparative advantage in cutting down coconuts. has the comparative advantage in catching fish. shadow's opportunity cost for producing coconuts is fish. shadow's opportunity cost for catching fish is coconuts. kodi's opportunity cost for producing coconuts is . kodi's opportunity cost for catching fish is . 3. between them they can produce cocunuts and catch fish. 4. if they decide to specialize they can produce coconuts in 2 hours and catch fish in 2 hours.
Business
1 answer:
aksik [14]3 years ago
3 0
<span>The united states has an absolute advantage in the production or automobiles and an advantage in washing machines. Italy has a comparative advantage in automobiles . this mean that Italy should specialize in washing machines and the united states in automobiles. Kodi has the absolute advantage in cutting down coconuts and the absolute advantage in catching fish.</span>
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Polar Containers makes​ high-end coolers for camping. The total task time needed to make a cooler is 310 ​seconds, with the long
Degger [83]

Answer:

TAKT time: 840 seconds

maximum output:  315 coolers.

Explanation:

The takt time refers to matching the production pace with the demand

\frac{availalbe-working-time}{customer \: or \: firm \: demand}

To produce 30 coolers per 7-hours day we need an outpot of:

7 hours x 60 minutes x 60 seconds = 25,200

output of 30 coolers

takt: 25,200 / 30 = 840 seconds

producing a cooler every 840 seconds is the takt time.

Maximum output:

If the company does several cooler in parallel it will have a bottle neck in the longest individual task so, this time determinates the maximum output.

25,200 second of working time available

80 second longest task to complete a cooler:

25,200 / 80 = 315 coolers.

7 0
3 years ago
Treetopplers, a U.S. lumber company, produces wood at a plant in Oregon on September 13, 2017. It sells the wood to Buildit and
Iteru [2.4K]

Answer:

The answer is: Treetopplers's wood production is not included in the GDP

Explanation:

The GDP includes all the domestic production of final and legal goods and services.

The value of final goods is included, but not the parts that go into them (intermediate goods). In this case, the wood Treetopplers produce is used by other companies (e.g. Buildit and Partners) to build final goods such as new houses. So the wood is an intermediate good.

4 0
3 years ago
Kim’s flowers decided to borrow $26,000 from the bank and use the proceeds to purchase a new delivery vehicle. How should they c
Neko [114]

Based on the fact that Kim's flowers borrowed the money and used it to buy a new delivery vehicle, this business activity should be categorized as both a financing activity and an investing activity.

<h3>What should they classify this business activity as?</h3>

Because Kim's Flowers got the money as a loan, it would be recorded as an inflow for financial activities.

They then used it to purchase a delivery vehicle which is an investment and a capital asset so this will count as an investment activity.

Find out more on classifying business activities at brainly.com/question/14790406

#SPJ1

8 0
2 years ago
Question 5<br><br> Industry is the supply side of the market.<br><br> A)True<br><br> B)False
Afina-wow [57]

Answer:

A) True

Explanation:

A good way to think about it is that industry, a general term for businesses engaging in productive practices, is concerned with the production of goods. These are the goods that are demanded by consumers. So as 'industry' is supplying those goods, it must be on the supply side of the market.

6 0
4 years ago
A company produces and sells 6,400 recliners each year. Each production run has a fixed cost of $400 and an additional cost of $
Taya2010 [7]

Answer:

800 Recliners

Explanation:

Calculation for the optimal number of recliners the company should make during each production run

Using this formula

Economic Order Quantity (EOQ) =√ [(2 D x S) / C]

Where,

Annual Demand (D) = 6,400 Recliners

Fixed Ordering Cost (S) = $400

Carrying cost per recliner (C) = $8

Let plug in the formula

Economic Order Quantity (EOQ)= √[(2 x 6,400 x $400) / $8]

Economic Order Quantity (EOQ)=√$5,120,000/$8

Economic Order Quantity (EOQ)=√$640,000

Economic Order Quantity (EOQ)= 800 Recliners

Therefore the optimal number of recliners the company should make during each production run will be 800 Recliners

8 0
2 years ago
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