Answer:
D) it presumes there will be economic gains even if output does not become internationally competitive
Explanation:
The argument for import protection in developing countries to bring about industrialization differs from the infant-industry argument in that it presumes there will be economic gains even if the output does not become internationally competitive. International competitiveness is a step of the relative cost of services/goods from a nation. Countries that can provide a similar quality of goods at a cheaper cost are stated to be extra competitive.
In the production of corn meal for baking, corn is ground. This conversion process is an example of process manufacturing.
What is process manufacturing?
- Process manufacturing is a branch of manufacturing that is associated with formulas and manufacturing recipes and can be contrasted with discrete manufacturing, which is concerned with discrete units, bills of materials and the assembly of components.
- Process manufacturing is also referred to as a 'process industry' which is defined as an industry, such as the chemical or petrochemical industry, that is concerned with the processing of bulk resources into other products.
- Process manufacturing is common in the food, beverage, chemical, pharmaceutical, nutraceutical, consumer packaged goods, cannabis, and biotechnology industries.
- In process manufacturing, the relevant factors are ingredients, not parts; formulas, not bills of materials; and bulk materials rather than individual units.
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Answer:
Across Town
Explanation:
Missing word <em>"Assume that Juanita takes opportunity costs and the price of the suit into considerate when she shops. Juanita will minimize the cost of the suit if she buys it from the </em><em><u> </u></em><em>"</em>
<em />
<u>Local Department Store</u>
15 min + 15 min + 30 min = 1 hour
Opportunity cost of time = 1 hour * $30 = $30
Total cost = $30 + $114 = $144
<u>Across Town</u>
30 min + 30 min + 30 min = 1.5 hours
Opportunity cost of time = 1.5 hours*$30 = $45
Total cost = $45 + $66 = $131
<u>Neighboring City</u>
6 min + 60 min + 30 min = 2.5 hours
Opportunity cost of time = 2.5 hours*$30 = $75
Total cost = $75 + $60 = $135
Assume that Juanita takes opportunity costs and the price of the suit into considerate when she shops. Juanita will minimize the cost of the suit if she buys it from the <u>Across Town</u>.
Answer: c. machine hours.
Explanation:
In reference to Automated Operations, the Activity base that is usually used to in determining a pre-determined overhead rate are Machine hours.
It is standard practice to relate overhead to the Direct Labor involved in the production of a commodity and since in this case the direct Labor mostly consists of Machines (Automated) then it is best to relate activities to the Machine hours involved instead.
Answer:
The minimum deposit will be of 3,081 and after 40 year it will get 1,000,000 dollars
Explanation:
We have to solve for the C of an annuity growing
g 0.05
r 0.06
C 3,081
n 40