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Harlamova29_29 [7]
3 years ago
14

Country A can produce 10 yards of textiles or 6 pounds of food per unit of input. Compute the opportunity cost of producing one

additional unit of food instead of textiles.
Business
1 answer:
77julia77 [94]3 years ago
7 0

Answer: 1.67 yards of textiles

Explanation:

The country can either produce 10 yards of textiles or 6 pounds of food. Opportunity cost of producing one additional unit of food instead of textiles will therefore be;

= 10/6

= 1.67 yards of textiles

<em>This shows that for every pound of food produced, 1.67 yards of textiles are foregone. </em>

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Out of the administrative professional roles listed, the one who can expect the highest salary is B. Senior executive assistant.

The senior executive assisant has a higher job title over a data-entry specialist, receptionist, and human resource assistant. When trying to figure out which would get paid the most, time on the job is usually a factor on pay. The title with senior in it, states that person has done the job for awhile and is expected to do and know more than someone at an entry level position.

7 0
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Within economics, the theory of scarcity says that there are unlimited wants and a finite amount of resources. However, history
nika2105 [10]

Answer:

According to the economists, the resources are scarce and human wants are unlimited. So, it is difficult to satisfy each and every want of people. But according to the theory of abundance, we can overcome from this problem by division and specialization of labor. If there is a proper division of labor according to their specialization then this will increase the productivity and one can produce more goods with the same level of resources.

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3 years ago
The Laresen Company uses the machine hour method of applying factory overhead to production. The budgeted factory overhead last
Pani-rosa [81]

Answer:

Total cost= $1,375

Explanation:

Giving the following information:

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Job 84:

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First, we need to calculate the manufacturing overhead rate based on direct labor hours:

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6 0
3 years ago
At Emmerson Company, one bookkeeper prepares the cash deposits while the other bookkeeper enters the collections in the journal
marusya05 [52]

Answer:

d. segregation of duties

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8 0
3 years ago
___ are the criteria the firm uses to screen credit applicants in order to determine which of its customers should be offered cr
77julia77 [94]

Answer:

Credit standards

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