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Mekhanik [1.2K]
2 years ago
15

North Carolina produces sweet potatoes in its rich soil, but does not have the climate to grow oranges well. It is correct to sa

y that North Carolina has a _________sweet potato production relative to Florida. a. free trade agreement with b. trade imbalance with c. comparative advantage in d. monopoly on
Business
1 answer:
inessss [21]2 years ago
3 0

Answer:

c. comparative advantage in

Explanation:

In economics, comparative advantage is the advantage a trade party has over the other party, in the production of a a particular good that has a relatively lower opportunity cost. It simply involves exploring the option that has overall best package.

North Carolina has a comparative advantage in sweet potato production relative to Florida, as the opportunity cost involved is lower, since there is little potential benefits North Carolina will get in the production of oranges.

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An MNC in a developing country is operating amidst severe space​ constraints, and the infrastructural conditions in the city are
N76 [4]

Answer: Option C

                     

Explanation: In simple words, telecommuting refers to the arrangement in which an employee of the organisation performer his or her job activities right from his or her home without going to a specified work place.

This is a modern times business technique which is used by organisations to save their costs like rent and travelling allowance to employees  that they have to bear. Such arrangement is generally made for the jobs that requires no client dealings and have specified targets set.

Thus, from the above we can conclude that the company should go for telecommuting as it will save the man hours.

6 0
1 year ago
A direct cost is a cost that is:
kap26 [50]

Answer:

(D) Traceable to a single cost object.

Explanation:

A direct cost -

It is refers to the amount which is directly linked to the production of the specific products and services , is referred to as the direct cost .  

The direct cost is variable in nature .  

The direct cost can be traced to the cost object , that can be department , product or service.  

Hence, from the given information of the question,  

The correct option is D.

4 0
2 years ago
Which process helps in progressive improvement of requirements?
kupik [55]

Answer:

The Scrum review and retrospect process

Explanation:

Scrum software organizes teams of software developers in order to create a product.

One of the main activities involved in the review and retrospect process is Convene Scrum of Scrums. This is specially useful for larger projects where multiple Scrum teams collaborate together. Members of each team meet and track their respective progress, impediments, and dependencies across teams.

6 0
2 years ago
Hunt Company purchased factory equipment with an invoice price of $90,000. Other costs incurred were freight costs, $1,100; inst
saul85 [17]

Answer:

Acquisition cost of the Equipment = $94,000

Double declining depreciation rate = 25%

Explanation:

a. The computation of the acquisition cost of the equipment is shown below:-

Acquisition cost of the Equipment = Invoice cost + Freight costs + Installation wiring and foundation + Material and labor costs used in testing

= $90,000 + $1,100 + $2,200 + $700

= $94,000

b. The computation of double declining depreciation rate is  here below:-

Double declining depreciation rate = 1 ÷ Depreciation life × Times

= 1 ÷ 8 × 2

= 0.125 × 2

= 0.25

or

= 25%

8 0
1 year ago
Joe decided to quit his computer-programming job (where he was earning $48,000 per year) to start his own software business. For
Mrrafil [7]

Answer:

b. −1,002.5

Explanation:

economic profit = accounting profit - opportunity costs

  • accounting profit = revenue - maintenance and insurance = $96,000 - $30,240 = $65,760
  • opportunity costs = the lost salary as a computer programmer + money he could earn by selling the land lot and investing = $48,000 + ($395,000 x 4.75%) = $66,762.50

economic annual profit = $65,760 - $66,762.50 = -$1,002.50

7 0
2 years ago
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