How do corporate bonds affect the economy
1 answer:
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Answer:
The correct answer is option d.
Explanation:
Absolute advantage refers to the situation when a firm can produce more of a commodity at the same cost, or same level of commodity at a lower cost.
Morocco can produce 25 metric tons of grain and 75 metric tons of date.
While France can produce 20 metric tons of grain and 10 metric tons of date.
We see that Morocco can produce more of both the commodities so it has an absolute advantage in production of both grain and dates.
Comparative advantage refers to the situation when a country is able to produce a commodity at a lower opportunity cost.
The opportunity cost of producing a metric ton of dates for Morocco is
=
=
= 0.2
The opportunity cost of producing a metric ton of dates for France is
=
=
= 2
Morocco has a lower opportunity cost in producing dates so we can say that it has comparative advantage in producing dates.
The opportunity cost of producing a metric ton of grain for Morocco is
=
=
= 5
The opportunity cost of producing a metric ton of grain for France is
=
=
= 0.5
France has a lower opportunity cost in producing grains so we can say that it has comparative advantage in producing grains.
Answer:
Check the explanation
Explanation:
RAW MATERIAL PURCHASE BUDGET
July Aug Sep Total
Budgeted
Production units 64,000 97,200 1,05,200 2,66,400 79,200
RM required per unit 4 4 4 4 4
Total
RM requirement 2,56,000 3,88,800 4,20,800 10,65,600 3,16,800
Add: Desired
Ending Inventory 1,55,520 1,68,320 1,26,720 1,26,720
Total needs 4,11,520 5,57,120 5,47,520 11,92,320
Less: Beginning
Inventory 96,000 1,55,520 1,68,320 96,000
Purchase Units 3,15,520 4,01,600 3,79,200 10,96,320
Kindly check the attached image below to see the well arranged accounting entry.
