Answer:
d)The opportunity cost of 1 lb. of coffee is 4 lbs. of bananas for Oscar.
Explanation:
a)The opportunity cost of 1 lb. of bananas is 4 lbs. of coffee for Oscar.
In order to produce 64 pounds of banana, Oscar has to give up producing 16 pounds of coffee, his opportunity cost is:
The statement is false.
b)Oscar has absolute advantage in the production of coffee.
Julia has a higher production capacity for coffee (20 pounds to 16 pounds) and therefore has the absolute advantage.
The statement is false.
c)Julia has comparative advantage in the production of bananas.
Julia has a higher opportunity cost for producing a pound of bananas (0.5 pounds of coffee to 0.25 pounds of coffee) and therefore does not have the comparative advantage.
The statement is false.
d)The opportunity cost of 1 lb. of coffee is 4 lbs. of bananas for Oscar.
In order to produce 16 pounds of coffee, Oscar has to give up producing 64 pounds of banana, his opportunity cost is:
The statement is true.
The answer is D. Gather information. Took the test and it was correct.
Answer:
-$24,900
Explanation:
Solution
Given:
The annual payment is defined as:
A = F [i /(1 + i)^n -1
Where,
F = The sum of amount accumulated
i = The interest rate (annual)
n = the number of years
The standard notation equation becomes this
=A = F (A/F, i, n)
Now,
The annual payment is A = P [ i(1 + i)^n / (1 + i)^n -1
where
P = The present value,
i = The interest rate (annual)
n = the number of year
The standard notation equation becomes this
=A = P (A/P, i, n)
We recall that,
The first cost P is $84,000.
Now,
A = $13,000, S = $9,000, n = 10 years, and i = 8 %
Thus,
AW =- 84000 ( A/ P 8% 10 ) - 13000 + 9000 (A/F, 8%, 10)
=-84000 (0.149) - 13000 + 9000 (0.069)
= -$24,900
Answer:
141,667 units
Explanation:
The sales less the variable cost gives the contribution margin. The contribution margin less the fixed cost gives the net operating income.
As such, the net operating income/loss is the difference between the sales and the total costs
.
Let the amount of sales in units be y then,
250y - 130y - 1,500,000 = 200,000
120y = 1,700,000
y = 1700000/12
= 141,667 units
