answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
quester [9]
2 years 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]2 years 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.

You might be interested in
You are evaluating a proposed expansion of an existing subsidiary located in Switzerland. The cost of the expansion would be SF
Anna [14]

Answer:

SF7.37

Explanation:

PV of cash flow is calculated using the formula

1-(1+r)^-n/r=1-(1-0.15)^5/0.15=1-(0.75)^5/0.15=1-0.237/0.15=5.085

So pv=5.085×4.4=SF

20.3385million

Using interest parity

1+ic/1+ib =Fo/So

Counter country is US while home country is in

swiss

1+0.05/1.04=fo/1.09

Fo=1.09×1.05/1.04=1.1

So expected PV=20.3385×1.1=SF22.37235million

Profit=23.37235-15=SF7.37

6 0
2 years ago
Read 2 more answers
Compare the results of your personal time allocation to your ideal time allocation. Are you close to your ideal allocation? If n
miv72 [106K]

Answer:

As an individual, I am not close to my ideal time allocations as such allocation got affected by many factors that are beyond the control of an individual. One has to depend on the external environment which is composed of other individuals receding near you.

The sleeping schedule, health both mental and physical affects the time allocation significantly. Due to distress and overload panics one serves more time in sleeping than adequate.

 

3 0
2 years ago
At an activity level of 8700 machine-hours in a month, Falks Corporation's total variable production engineering cost is $728,19
Jobisdone [24]

Answer:

$109.80 per unit

Explanation:

For we to be able to calculate the or solve the problem, we are to use the following method

Firstly

Variable cost per unit = $728,190 ÷ 8,700 units

Variable cost per unit = $83.70 per unit

Secondly

Fixed cost per unit at 8,900 units = $232,290 ÷ 8,900 units

Fixed cost per unit = $26.10 per unit

Lastly

Total cost = Variable cost + Fixed cost

Which we have as;

Total cost = $83.70 per unit + $26.10 per unit

Total cost = $109.80 per unit

5 0
2 years ago
Read 2 more answers
Vince Lupino works for Best Supplies Company, which pays its employees time and a half for all hours worked in excess of 40 hour
ZanzabumX [31]

Answer and Explanation:

As per the given question the solution of given points is given here:-

a. Regular pay for the week = Rate of pay × Hours per week

= $12 × 40 hours

= $480.00

b. Overtime pay for the week = Rate of pay × 8 hours × 1.5 times

= $12 × 8 hours × 1.5 times

= $144.00

c. Total gross wages = (Social security withheld + Medicare tax withheld + Federal income tax withheld + Net pay)

= $38.69 + $9.05 + $54 + $522.6

= $624.00

d. Social security withheld = Total gross wages × Social security tax

= $624 × 6.2%

= $38.69

e. Medicare tax withheld = Total gross wage × Medicare tax rate

= $624 × 1.45%

= $9.05

f. Total withholding = Social security withheld + Medicare tax withheld + Federal income tax withheld

= $38.69 + $9.05 + $54

= $101.74

g. Net pay = Total gross wages - Total withholding

= $624.00 - $101.74

= $522.26

2. The Journal entry is here below:-

Wage Expense Dr, 624  

      To Social security taxes payable $38.69

      To Medicare Tax Payable $9.05

      To Federal Income Tax Payable $54

      To Wages Payable $522.26

(Being the payroll is recorded)

4 0
2 years ago
Total revenue for producing 8 units of output is $48. Total revenue for producing 9 units out output is $63. Given this informat
Firlakuza [10]

Answer:

D. Marginal revenue for producing the 9 units is $15

Explanation:

TR(8) = $48

TR(9) = $63

MR(9) = TR(9) - TR(8) = $63 - $48 = $15

AR(8) = TR(8) / 8 = $48/8 = $6

AR(9) = TR(9)/9 = 63/9 = $9

Note: TR=Total revenue, AR= Average Revenue and MR=Marginal Revenue

So, the only correct option is option d

8 0
1 year ago
Other questions:
  • The flexible or telecommuting schedule is most likely an option offered in:
    10·1 answer
  • Kate is a customer care executive at a telecommunications services company. She receives a complaint from Mike, a customer, abou
    12·1 answer
  • Which model can be used to analyze the direct and indirect costs to help firms determine the actual cost of specific technology
    13·1 answer
  • On January 1, 2021, Wright Transport sold four school buses to the Elmira School District. In exchange for the buses, Wright rec
    9·1 answer
  • Wendell’s Donut Shoppe is investigating the purchase of a new $18,600 donut-making machine. The new machine would permit the com
    5·1 answer
  • Crain Company has a manufacturing subsidiary in Singapore that produces high-end exercise equipment for U.S. consumers. The manu
    7·1 answer
  • In Q1 2018, CNA Companies reports the following transactions: Capital expenditures of $15 million Loss on sale of equipment of $
    12·1 answer
  • Jose owns a dog whose barking annoys Jose's neighbor Amy. Suppose that the net benefit of owning the dog is worth $400 to Jose a
    13·2 answers
  • The following is the ending balances of accounts at December 31, 2016, for the Weismuller Publishing Company.
    5·1 answer
  • A company sold merchandise with a cost of​ $217 for​ $390 on account. The seller uses the perpetual inventory system. The entry
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!