What do the acronyms PA DA and PR stand for ?

The Macro Islands can produce either 250 bamboo towels or 500 botanical soaps using all its resources. The Micro Islands can pro

jarptica [38.1K]

Answer:

The Micro Islands have a comparative advantage in producing botanical soaps.

Explanation:

Comparative advantage can be defined as the ability of an economy to produce a good at lower opportunity cost than other economies. This enables the economy sell the product at lower prices, therefore having higher margin of profit than other economies.

The opportunity cost of Micro Island in producing 300 botanical soaps is the cost of producing 30 bamboo towels. The opportunity cost is quite low.

While for Macro Island the opportunity cost of producing 500 botanical soaps is 250 bamboo towels. The opportunity cost is higher than for Micro Island.

6 0

2 years ago

A decrease in government spending and the enactment of an investment tax credit would definitely cause a. the quantity of loanab

Vesna [10]

Answer:

The correct answer is option d.

Explanation:

A decrease in government spending will reduce the demand for loanable funds. This will cause the demand curve for loanable funds to shift to the left.

The leftward shift in the demand loanable funds will cause the interest rates to decrease. This reduction in the interest rate and investment tax credit will cause the quantity of loanable funds traded to increase.

8 0

3 years ago

Um Corporation has provided the following information concerning its raw materials purchases. The budgeted cost of raw materials

Zepler [3.9K]

Answer:

$171,619.20

Explanation:

Calculation to determine what The budgeted accounts payable balance at the end of November is closest to:

Using this formula

Budgeted accounts payable balance= Budgeted cost of raw materials purchases in November -(Budgeted cost of raw materials purchases in November*Raw materials purchases in the month of purchase percentage)

Let plug in the formula

Budgeted accounts payable balance=$286,032 - ($286,032*40%)

Budgeted accounts payable balance=$286,032 - $114,412.80

Budgeted accounts payable balance= $171,619.20

Therefore The budgeted accounts payable balance at the end of November is closest to:$171,619.20

4 0

2 years ago

The value of goods imported into mexico exceeds the value of goods exported by that country. this suggests that mexico has a __

Simora [160]

Based on the scenario above, the answer is trade deficit. This is considered to be an economic measure in terms of international trade in which the imports of the country are exceeded than of the country’s exports. This is known to be the trade’s negative balance.

4 0

3 years ago

Equivalent Units of Conversion Costs The Rolling Department of Kraus Steel Company had 200 tons in beginning work in process inv

umka21 [38]

Answer:

Equivalent units = 3,855 units

Explanation:

Equivalent unit are notional whole units which represent incomplete work and are used to apportion cost between working in progress and completed work.

Equivalent unit is calculated as:

Degree of completion (%) × Units .

The equivalent units can be calculated by using either the first in first out (FIFO) or weighted average method.

Here, we will use the FIFO.

FIFO: Under this method, to account for the completed units of a particular period, it is assumed that the opening inventory units must first be completed. That is, the first set of completed units should be the opening inventory.

The table below has been set out for explanation:

Items Units Notes Workings Equiv.Units

Opening inventory 200 1 40% × 200 80

Fully worked 3,700 2 100% × 3700 3700

Closing Inventory 300 3 25% × 300 75

Equivalent unit 3,855.0

Notes

1. 60% work has already been done in the previous period (September) so in October the balance is done.

2. The fully work represents units of new work introduced in October and completed in the same period. The value is 3900- 200 = 3700

3. The closing inventory is the units of new work started in October but not yet completed at the end of October.

Equivalent units = 3,855.0

4 0

3 years ago

What do the acronyms PA DA and PR stand for ?​

What do the acronyms PA DA and PR stand for ?