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Ivahew [28]
3 years ago
8

Consider the following information: the marginal products of labor for the US in producing Cars and Wheat are 24 and 18. Given t

he information above, US's opportunity cost of producing cars is: A. 0.50 wheat B. 1.33 wheat C. 0.75 cars D. 0.75 wheat
Business
1 answer:
stepan [7]3 years ago
7 0

Answer:

0.75 wheat

Explanation:

Opportunity cost is the cost of the next best option forgone when one alternative is chosen over other alternatives.

the opportunity cost of producing cars, is the quantity of wheat that would have to be forgone to produce one car

18 / 24 = 0.75 wheat

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The acquisition costs of property, plant, and equipment do not include:
julia-pushkina [17]

Answer:

d. Maintenance costs during the first 30 days of use

Explanation:

The acquisition costs of property, plant, and equipment includes all the cost necessary to make the item of property, plant, and equipment available for use.

In other words, these cost includes the ordinary and necessary costs to bring the asset to its desired condition and location for use.

This cost therefore includes net invoice price, legal fees, delivery charges, installation, and any applicable sales tax.

The right option is d. Maintenance costs during the first 30 days of use.

8 0
4 years ago
Under Armour wants to assess its brand equity more effectively and asks its marketing team to convince upper management why it i
oee [108]

Answer:

The correct answer is letter "A": Brand equity is strategically important and correlates directly to Under Armour's profitability.

Explanation:

Brand equity refers to the perception consumers have about a firm that affects its value. Brand equity could be positive or negative. It is an important element for companies aiming to settle in the market through marketing strategies that generate more profits by attracting more customers. Brand equity can be measured by <em>price, customer satisfaction, popularity, brand awareness </em>or <em>market share.</em>

<em />

<em>Thus, the marketing team of Under Armour could state that conducting a brand equity measurement is crucial because it is related to the firm's ability to generate profit.</em>

3 0
3 years ago
Reasons for the formation of partnership
Mkey [24]
More money, bring more skills, one person isn't reliable for the entire business
4 0
4 years ago
Zupiter Corp. follows a culture that requires strict adherence to rules and regulations with fixed time schedules for daily acti
kotykmax [81]

Answer:

consistency corporate culture.

Explanation:

Since in the situation it is given that the corporation follows the culture that means they are strict to the rule and regulations along with the time scheduling that are fixed for day to day activities so that the business could be conducted in the methodical manner so here we can say that the culture of the corporate is consistent that means it is same as before and the same should be applied in near future

3 0
3 years ago
Summit Products, Inc. is interested in producing and selling an improved widget. Market research indicates that customers would
astra-53 [7]

Answer:

$60

Explanation:

For computing the target cost, first we have to determine the profit per unit which is shown below:

= Selling price × return on sales percentage

= $80 × 25%

= $20

Now the target cost would be

= Selling price per unit - profit per unit

= $80 - $20

= $60

All other information which is given is not relevant. Hence, ignored it

8 0
3 years ago
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