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Ad libitum [116K]
3 years ago
6

The table below represents daily production possibilities for a typical worker in both China and the United States, assuming tha

t only two types of goods are produced in each country: food and textiles. (Put your answers in decimal form to two decimal places.)
Output per Worker per Day (unit)
Food Textiles
China 1 2
United States 9 3
The opportunity cost of 1 more unit of The opportunity cost of 1 more unit of food in China is giving up________ food in the United States is giving up_________ units of textiles. The opportunity cost of 1 more unit of textiles in China is giving up _________ textiles in the United States is giving up _______ units of food.The opportunity cost of 1 more unit of China has the comparative advantage in the production of and the United States has the comparative advantage in the production of _______
Business
1 answer:
xxTIMURxx [149]3 years ago
7 0

Answer

Answer

Answer

Answer

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Answer each of the following independent questions. Required: Alex Meir recently won a lottery and has the option of receiving o
Lady_Fox [76]

Answer:

option 1

$4,056,237.49

Explanation:

To determine the better option, we have to determine the present value of options 2 and 3

Present value is the sum of discounted cash flows

Present value can be calculated using a financial calculator

option 2

Cash flow in year 0 = $34,000

Cash flow in year 1  to 6 =  $9,300  

I = 7 %

PV =  78,328.82

Option 2

Cash flow in year 1  to 6 =  $$18,400

I = 7 %

PV = 87704.33

To find the NPV using a financial calculator:

1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.

2. after inputting all the cash flows, press the NPV button, input the value for I, press enter and the arrow facing a downward direction.  

3. Press compute  

It is the first option that has the highest value

The formula for calculating future value = A / annuity factor

Annuity factor = {[(1+r) n] - 1} / r

P = Present value  

R = interest rate  

N = number of years  

7 0
3 years ago
HR can be a strategic partner by providing aspirations to the company and functioning as an inspiration for strategic planning.
Viefleur [7K]

Answer:

Business knowledge

Explanation:

Business knowledge is defined as the extensive experience and insight an individual has into business dynamics, customer preferences, staff skills and potential, and the business's general direction.

For a HR staff to be a strategic partner and provide aspirations to the company and function as an inspiration for strategic planning, he will need to use a good business knowledge.

This will enable him provide valuable insights on how the business can achieve its goals and objectives.

He will have the ability to ensure continuous business growth by identifying opportunities for financial success.

4 0
4 years ago
What will keeping a running list of new words help you do?
worty [1.4K]

I think its B but im not sure.

3 0
4 years ago
Analyze and identify the role of the government in a free enterprise economy.
DENIUS [597]
A free enterprise economy is the idea that a capitalist economy can maintain itself in a freely competitive market due to a the supply and demand relationship. Since this concept claims that the economy can regulate itself, the government has a minimalist role in it. 
4 0
3 years ago
Pharoah Corporation provides its officers with bonuses based on net income. For 2017, the bonuses total $384,900 and are paid on
Keith_Richards [23]

Answer: Pharaohs journal $

Date

December 31, 2017

StaffBonusexpensesDr384,900

Accruede liability Cr384,900

Narration. Staff bonus due as at date.

February 15,2018

Accrued liability Dr 384, 900

Bank Cr. 384,900

Narration. Payment of staff bonus due

Explanation:

In line with the acrual concept of recognising expenses at the period they are due for payment. The staff bonus will be recognized as an expense to the income statement in 2017 and accrued as liability in the balance sheet if it's not paid.

The payment in 2018 will be a debit to the liability account and credit to the cash or bank account.

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3 years ago
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