Answer:
A society could achieve a higher level of productivity if:________
b. it takes advantage of each individual's comparative advantage.
Explanation:
In the same way that nations can achieve higher levels of productivity if each nation takes advantage of its comparative advantage in production, individuals in the society can help it to achieve a higher level of productivity if each individual takes advantage of her or his comparative advantage. This economic concept calls for specialization in the fields where one has comparative skills that are better than others'. This implies that one can deploy resources and skills to achieve more in a specialized field than being a jack-of-all-trades.
Answer:
5,300
Explanation:
Given that,
contribution margin per unit = $7
selling price = $45 per unit
Fixed costs = $35,000
Total fixed cost after increase:
= $35,000 + $20,650
= $55,650
contribution margin per unit after increase:
= $7 + (50% × $7)
= $7 + $3.5
= $10.5
Therefore,
New Break even point:
= Fixed cost ÷ Contribution per unit
= $55,650 ÷ $10.5
= 5,300
business cards and internet services have internet access internet what?
The Board of Supervisors has the overall responsibility for the function of county government. They are the legislative and executive body of county government.
Answer:
The total cost to be accounted for under the weighted-average method is $166,000
Explanation:
Okamura Corporation Partial Manufacturing Account
Particulars Amount
Cost of ending work in process inventory $18,000
Add: Cost of units transferred out <u>$148,000</u>
Total cost accounted for <u>$166,000</u>
The total cost to be accounted for under the weighted-average method is $166,000