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frosja888 [35]
3 years ago
11

Suppose a country is able to produce a maximum of either 300 units of lumber or 100 units of rice. This country is currently all

ocating its labor resources to produce 75 units of lumber and 75 units of rice. To increase its lumber production by 6 units to 81, the country faces an opportunity cost of
A. 2 units of rice.

B. 6 units of rice.

C. 75 units of rice.

D. 18 units of rice
Business
1 answer:
DedPeter [7]3 years ago
3 0

Answer: A. 2 units of rice.

Explanation:

The opportunity cost of producing lumber is:

= Maximum rice production / maximum lumber production

= 100 / 300

= 1/3 units of rice

If the country wants to increase its lumber production by 6, it will incur an opportunity cost of:

= 6 * 1/3

= 2 units of rice

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baherus [9]

Answer:

The correct answer is the option D: It would enable the company's salespeople to build close relationships with customers.

Explanation:

To begin with, if a company's salesforce structure is looking to improve the current situation with the clients and their sales then the major importance would be in the relationship that the company has with those clients that represent the company's major sales, therefore that with Reliable Tools the customer sales force structure would be able to build close relationships with the clients and therefore to improve the sales and that is why they would benefit from that.

6 0
2 years ago
Read 2 more answers
On January 1, 2018, Green Corporation purchased 30% of the outstanding voting common stock of Gold Company for $300,850. The boo
tatuchka [14]

Answer:

Investment on Gold Company 305,565

Goodwill                                      20,360

Carrying value                          325,925

Explanation:

<em>Because our current control, we have to use the equity valuation</em>

<em>the net income increased our investment and the cash dividends decreased.</em>

beginning book value 275,400

+ 30% net income

30% of 125,600 = 37,680

-30% cash dividends

30% of 25,050 = (7,515)

ending I<u>nvestment on Gold Company 305,565</u>

<u />

<em>The goodwill will be amortized over 5 years using straight-line method</em>

<u>Goodwill</u>

300,850 - 275,400 = 25,450

life 5 years

25,450/5 = 5,090

amortization                (5,090)

<u>Total                            20,360</u>

7 0
2 years ago
When a customer purchases a product but is not yet ready for delivery, this is referred to as?
aleksandr82 [10.1K]
A bill-and-hold arrangement.
8 0
3 years ago
The opportunity cost of receiving a 93 on the economics exam is ______ points on the statistics exam.
rosijanka [135]

The opportunity cost of receiving a 93 on the economics exam is productive efficient points on the statistics exam.

Whst is opportunity cost?

The "opportunity cost" of choosing one course of action over another is the potential profit lost due to a missed opportunity. Add all of the potential costs together to get the opportunity cost.

The economics are the examine the productive efficient of the opportunity cost. The production of the goods are the lowest cost as possible unit cost.

As a result, the opportunity cost of the 93 are the reciving of the productive efficient.

Learn more about on opportunity cost, here:

brainly.com/question/13036997

#SPJ4

6 0
1 year ago
The accounts in the ledger of Seaside Furniture Company as of August 20Y5 are listed in alphabetical order as follows. All accou
musickatia [10]

Answer:

Cash $426,800.00

Debit side $6,500,000.00

Credit side $6,500,000.00

Explanation:

Preparation of the Unadjusted trial balance

SEASIDE Unadjusted Trial Balance

DEBIT SIDE

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TOTAL $6,500,000.00

CREDIT SIDE

Notes Payable 75,000.00

Accounts Payable 118,600.00

Unearned rent 12,000.00

Common stock 150,000.00

Retained Earnings 1,814,400.00

Fees Earned 4,330,000.00

TOTAL $6,500,000.00

CASH will be the balancing figure since the total of both Debit and Credit columns of trial balance must equal.

Therefore the Unadjusted trial balance be:

Debit side $6,500,000.00

Credit side $6,500,000.00

8 0
2 years ago
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