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Anit [1.1K]
3 years ago
6

Why was it important for England to capture the Dutch colony of New Netherland?

Social Studies
1 answer:
bagirrra123 [75]3 years ago
7 0

Answer:

Explanation: ome English from New England had infiltrated onto Long Island. Charles II decided to seize New Netherland, take over the valuable fur trade and give the colony to his younger brother James, Duke of York and Albany (the future James II). ... New Amsterdam was renamed New York City and New Netherland became New York State.

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The choice of <u>dedicating all the available resources to the production of only bagels</u> presents the lowest opportunity cost.

The expected profit per unit is the only data provided about the production process in the pastry shop. Therefore, those the two figures provided already contain information about the production costs of donuts and bagels, the market prices and the sold quantities, in order to deduce the profit that each product would generate.

In this situation, as the bagels make a higher profit per unit, the best option for the company would be chosing to dedicate all its resources to the production of bagels, because if not, when selling a donut the opportunity cost per unit of product would be 0.25, plus the things that the company will not be able to purchase that would have been possible if they had those extra 0.25 per unit.

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