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Lubov Fominskaja [6]
2 years ago
7

If giovanni and jorge both specialize in the production of their respective low-cost goods, then the total production of corn eq

uals ______ pounds and the total production of green beans equals _____ pounds
Business
1 answer:
eduard2 years ago
5 0

Answer:

Corn = 160

Beans = 320

Explanation:

The question is incomplete, please refer below the complete question

Use the following table to answer the question below.

Glovannls Production Posslbllitles  Schedule

Pounds of Green Beans              Pounds of Corn

            0                                                 160

           40                                                120    

           80                                                 80

           120                                                40

           160                                                 0  

Jorges Production Possibilities Schedule

Pounds of Green Beans                    Pounds of Corn

            0                                                 320

           20                                                240    

           40                                                160

           60                                                80

           80                                                 0

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Assume India can produce either 15 bottles of milk or 50 cartons of eggs using all of its available resources, and Indonesia can
diamong [38]

Answer:

50 cartons of eggs

Explanation:

The comparative advantage is a principle in which a country specializes in the production a good in which it has a lower opportunity cost than others.

                 Bottles of milk     cartons of eggs

India                  15                              50

Indonesia          25                             35

In this situation, the opportunity cost for India of producing 1 bottle of milk is producing 3.33 cartons of eggs. The opportunity cost for Indonesia of producing 1 bottle of milk is producing 1.4 cartons of eggs. This means that Indonesia has a lower opportunity cost and a comparative advantage in producing bottles of milk.

In the other part, the opportunity cost for India of producing 1 carton of eggs is producing 0.3 bottles of milk and the opportunity cost for Indonesia of producing 1 carton of eggs is producing 0.71 bottles of milk. This means that India has a lower opportunity cost and a comparative advantage in producing cartons of eggs.

According to this, India would specialize in producing eggs as it has a comparative advantage and the country will produce 50 cartons of eggs.

5 0
2 years ago
At its height, what percentage of american workers were employed in an automotive-related industry?
USPshnik [31]
The percentage of American workers that were classified as employed in the industry that is automotive-related is only 20%. There were only 2 out 10 Americans who are working on this job. Automotive jobs cover auto dealerships, and manufacturing plants.
7 0
2 years ago
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Giglio Inc. has the following information for the previous year: Net income = $400; Net operating profit after taxes (NOPAT) = $
forsale [732]

Answer:

the free cash flow for the current year is zero.

Explanation:

Net income = $400; Net operating profit after taxes (NOPAT) = $500; Total assets = $2,000; and Total operating capital = $1700

Net income = $800; Net operating profit after taxes (NOPAT) = $700; Total assets = $2,300; and Total operating capital = $2,100.

current year:

operating profit after taxes                             700

Capital expenditures:        2,000 - 2,300 =  (300)

working capital expeneses 1,700 - 2,100  = (400)

free cash flow:                                                       0

As assets increase the company use cash to increase his assets

Also, the operating capital increase the comapny pa debts, extend his collection cycle or any other desition which, increases his cahs needs.

Therefore the free cash flow for the year is zero.

7 0
2 years ago
Razor Inc. manufactures industrial components. One of its products used as a subcomponent in auto manufacturing is Fluoro2211. T
dolphi86 [110]

Answer:

d. $1,080,000

Explanation:

Contribution per unit = Selling price per unit - Variable cost per unit

Contribution per unit = Selling price per unit - ( Direct Materials + Direct Labor + Variable Manufacturing Overhead + Variable Selling )

Contribution per unit = $160 - ($22 + $15+ $12 + $3)

Contribution per unit = $160 - $52

Contribution per unit = $108 per unit

Contribution margin for the next year = $108 per unit * 10,000

Contribution margin for the next year = $1,080,000

7 0
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​bill's organization expects​ 50% of profits to be generated by products that did not exist five years ago. what is the nature o
Elena-2011 [213]
The nature of the program that the organization's managers are likely to follow is INNOVATIVE. The organization's manager wanted to improve the products and set a goal to reach so that the employee will do their best to reach the goal that they didn't exist five years ago.
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