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2 years ago

5

Based on what you have read, Paul has the absolute advantage in the production of. Has the comparative advantage in producing sh

irts. Has the comparative advantage in producing handbags. Based on the data, Paul should.

1 answer:

Darina [25.2K]2 years ago

8 0

Answer:both shirts and handbags

Paul

Francisco

Specialize by producing shirts only

Explanation:

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An electronics firm is currently manufacturing an item that has a variable cost of $0.50 per unit and a selling price of $1.00 p

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Answer:

Part (a) Should the firm buy the new equipment

The Firm Should not Buy the New Equipment since there is No Profit ( instead $1000 Profit lost) from this decision and is in a worse off position than before.

Part (b) should the company buy the new equipment and increase the selling price?

The Firm Should Buy the New Equipment since an incremental Profit of $ 1500 is expected from this decision.

Explanation:

Part (a) Should the firm buy the new equipment

Do Not Buy Buy New Equipment

$ $

Sales 30,000 50,000

Less Variable Cost 15,000 30,000

Contribution 15,000 20,000

Less Fixed Costs 14,000 20,000

Net Income 1,000 0

The Firm Should not Buy the New Equipment since there is No Profit ( instead $1000 Profit lost) from this decision and is in a worse off position than before.

Part (b) should the company buy the new equipment and increase the selling price?

Do Not Buy Buy New Equipment

$ $

Sales 30,000 49,500

Less Variable Cost 15,000 27,000

Contribution 15,000 22,500

Less Fixed Costs 14,000 20,000

Net Income 1,000 2,500

The Firm Should Buy the New Equipment since an incremental Profit of $ 1500 is expected from this decision.

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3 years ago

Within economics, the theory of scarcity says that there are unlimited wants and a finite amount of resources. However, history

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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.

From this economic practice, we can overcome from the problem of scarce resources.

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3 years ago

When using the needs approach, several "special needs" should be considered. One special need is money to cover unexpected event

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Answer:

Emergency fund.

Explanation:

Emergency funds are money that we keep on hand in case of unforeseen events. It may cover car repairs, unforeseen buying, medical bills and so on.

It is important to hold some emergency funds so as to avoid being stranded with no access touch needed resources.

Also emergency funds can be saved over time in case of job loss, having some back-up funds to use in the meantime will be a wise strategy.

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3 years ago

Gloria is a tax accountant who is very busy from january to april 15, which is the tax return filing deadline. she feels that sh

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Gloria is encountering pressure. In spite of the fact that uneasiness might be an aftereffect of weight, Gloria is encountering weight subsequently of her need to work longer hours to meet a due date.

I hope the answer will help you.

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3 years ago

Which of the following is appropriate interview attire for women?

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Answer:

I'm going to say the answer is B ! I could be wrong but this is what i think :)

Explanation:

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2 years ago