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quester [9]
1 year ago
8

Both Mia and Mario specialize in producing the item in which they have a comparative advantage. Then they trade one pasta dish f

or one pizza.
Before specialization and trade​ started, Mia and Mario were each producing 4 4 dishes of pasta and 4 4 pizzas an hour. The total gains from trade are​ ______ dishes of pasta and​ ______ pizzas an hour.

Business
1 answer:
FrozenT [24]1 year ago
4 0

Answer:

The total gains from trade are​ <u>4</u> dishes of pasta and​ <u>4</u> pizzas an hour.

Explanation:

Before specialization, Mia and Mario each produced 4 dishes of pasta and 4 pizzas per hour. After specialization, Mia is able to produce 12 dishes of pasta, and Mario is able to produce 12 pizzas per hour.

After specialization and trade, the total maximum combined output per hour is 12 dishes of pasta and 12 pizzas. Before specialization, the total maximum combined output per hour was 8 dishes of pasta and 8 pizzas. So the net gain of specialization and trade is 4 dishes of pasta and 4 pizzas per hour.

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Donielle opened a revolving line of credit with a $4,000 credit limit. How much does she
nika2105 [10]

Answer:

B

Explanation:

1100-200

4000-900

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Ben is assigned by his employer to improve an ultrasonic range-finding device. While working on the improvement, he recognizes t
BARSIC [14]

Answer:

1. He has not developed the idea yet

2. His employer knows he his a pacifist so he has the delima is he ethically correct to not develop a product that can be used for warfare.

Explanation:

In this scenario Ben signed an agreement with his employer that all ideas he has developed on the job and while working with the company is a property of the company.

This is a common agreement that gives a company property rights over work developed by their employees.

However since Ben is a pacifist he has an ethical dilemma when he has an idea that can weaponize an ultrasonic range-finding device.

He is justifying his decision by saying the idea has not been developed yet and his employer will not expect him to develop such technology since he is a pacifist.

7 0
1 year ago
The hawthorne studies revealed that employees who are happy and satisfied with their work will perform better. out of this study
QveST [7]
The answer that best fits the blank above is HUMAN RELATIONS. The Hawthorne studies, as referred above, were done by Elton Mayo and Fritz Roethlisberger and the studies aim in <span>socio-psychological aspects of human behavior in the workplace or at any organization. As suggested above, human relations is created due to these studies.</span>
6 0
1 year ago
Suppose an investment broker offers to sell you a financial asset for $850. You will receive only one payment of $1,000 five yea
avanturin [10]

Answer:

The interest rate is 0.06%

Explanation:

Step one :

Given data

final amount $1,000

initial principal balance $850

annual interest rate=?

time (in years)=5 years

Step two:

Applying the

Simple interest/Formula

A = P (1 + rt)

A = final amount

P = initial principal balance

r = annual interest rate

t = time (in years)

Plugin our data into the formula We have

1000=850(1+r*5)

1,000=850(1+5r)

Opening bracket we have

1,000=850+4,250r

Colleting like terms we have

1000-850=4250r

250=4,250r

Dividing both sides by 4,250 we have

r=250/4250

r=0.058

Hence the interest rate is 0.06%

6 0
1 year ago
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Wages paid to inspectors, factory accountants, and plant supervisors are classified as __________ __________, while wages paid t
Mademuasel [1]

Answer:

Indirect Labour Cost, Direct Labour Cost

Explanation:

Direct Labour Cost

This is the type of cost incurred or wages paid to workers or employees that directly works on project. For example, laborer, foreman, painters, machine operators, delivery man etc. all belongs to this category. They are wages paid to the category of employees or workers who physically produce products.

Indirect Labour Cost

These are wages paid to those group of workers or employees that perform tasks that do not directly contribute to the production of goods or performance of services. For example, we have accountants, security guards, administrative officers, supervisors, inspectors and so on. It is also known as Overhead cost. They are not involved in the active part of conversion of raw materials into products.

5 0
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