1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Mashutka [201]
2 years ago
12

The opportunity cost of producing corn in New Zealand is approximately tons of millet, and the opportunity cost of producing cor

n in Brazil is approximately tons of millet.
Business
1 answer:
BartSMP [9]2 years ago
5 0

Answer:

2 tons of millet for New Zealand and 3 tons of millet for Brazil.

Explanation:

New Zealand and brazil both can produce corns and millet. The opportunity cost for Brazil is more than the New Zealand. Both the countries should go towards the production of the crop in which they have comparative advantage. New Zealand has comparative advantage in producing millet and Brazil has comparative advantage in producing corn.

You might be interested in
The approved detail design resulting from the __________ serves as a basis for making the decision to begin production. Systems
wel

Answer: Critical Design Review

Explanation:

A Critical Design Review is referred to as a review that's fine in order o ensure that a system can be able to move into fabrication, and test and also ensure that the stated performance requirements are met.

The approved detail design resulting from the critical design review serves as a basis for making the decision to begin production.

3 0
2 years ago
The product is shown without a decimal point. Where should the decimal point be placed?
mojhsa [17]

Answer:

Answer:B Place the decimal point after 2

Explanation:

All you have to do is multiply 3.12 times 4

7 0
2 years ago
The decision-making process has five steps. After collecting relevant information and evaluating each alternative, the next step
Otrada [13]

Answer:

Select the course of action

Explanation:

Because it’s the next step after collecting relevant information and evaluating each alternatives

7 0
2 years ago
Ben Gordon, Inc. manufactures 2 products, wheels and seats. The company has estimated its overhead in the assembling department
FromTheMoon [43]

Answer:

$90,000

Explanation:

We could allocate assembly overhead on the basis of the parts used in the assembly process:

wheels ⇒ 300,000 x 2 parts = 600,000 parts

<u>seats ⇒ 600,000 x 3 parts = 1,800,000 parts</u>

total parts assembled     2,400,000 parts

overhead costs per part assembled = $360,000 / 2,400,000 parts = $0.15 per part

so the overhead allocated to wheels should be = 600,000 parts x $0.15 per part = $90,000

7 0
3 years ago
If interest rates increase from 9 percent to 10 percent, a bank with a duration gap of 2 years would experience a decrease in it
Rasek [7]

The duration gap is calculated by subtracting the duration of the liabilities from the duration of the activity of the financial entities. Thus, in this case, the net worth of  1.8 percent of its assets.

<h3>What do you mean by Duration Gap?</h3>

Duration Gap refers to the term used by funds, banks, pensions, or many financial institutions to estimate the risk because of changed interest rates.

Also, if we have a negative duration gap means that the market value of equity will increase when interest rates rise.

Thus, in this case, If interest rates increase from 9 percent to 10 percent, a bank with a duration gap of 2 years would experience a decrease in its net worth of 1.8 percent of its assets.

Learn more about Duration gap here:

brainly.com/question/7276068

#SPJ1

8 0
2 years ago
Other questions:
  • Vest Industries manufactures 40,000 components per year. The manufacturing cost of the components was determined as follows: Dir
    13·1 answer
  • Winkler, a CPA, provided accounting services to a client, Thompson. On December 15 of the same year, Thompson gave Winkler 100 s
    10·1 answer
  • To adjust debt and institute a repayment plan, Bianca-who is not a corporation, a partnership, ora family farmer or fisherman-ma
    6·1 answer
  • Two reasons why people are hesitant to report corruption
    6·1 answer
  • Rework problem 27 in section 1 of Chapter 7 of your textbook, about the greenhouse operator, using the following data. Assume th
    11·1 answer
  • Proceeds of debt issued for the construction or acquisition of capital assets are recognized by the capital projects fund as "ot
    13·1 answer
  • Mr. G obtains a $70,000 loan today. He will repay the bank with equal payments to be made at the end of each 6-month period, or
    5·1 answer
  • Why is saving called a leakage? Why is planned investment called an injection? Why must saving equal planned investment at equil
    5·1 answer
  • Role of risk committee and their members
    12·1 answer
  • A group of 10 golfing buddies have the following annual incomes: $32,000, $12,000, $56,000, $120,000, $10,000, $38,000, $70,000,
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!