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
Fofino [41]
1 year ago
7

Brett has almond​ orchards, but he is sick of almonds and prefers to eat walnuts instead. The owner of the walnut orchard next d

oor has offered to swap this​ year's crop with him. Assume he produces 1 comma 0221,022 tons of almonds and his neighbor produces 779779 tons of walnuts. If the market price of almonds is $ 104$104 per ton and the market price of walnuts is $ 113$113 per​ ton: a. Should he make the​ exchange? b. Does it matter whether he prefers almonds or​ walnuts? Why or why​ not? a. Should he make the​ exchange? The market value of the almond crop is ​$nothing. ​(Round to the nearest​ dollar.)
Business
1 answer:
sukhopar [10]1 year ago
3 0

Answer:

a. Should he make the​ exchange?

  • No he shouldn't, because the market value of Brett's almond production is much higher than the market value of his neighbor's walnut production.

b. Does it matter whether he prefers almonds or​ walnuts? Why or why​ not?

  • If he had a couple of trees maybe, but there is no way that one single person or family eats more than 1,000 tons of almonds. So Brett's sudden despise for almonds does not matter, because even if he hates almonds, he should love money.

The market value of the almond crop is ​<u>$88,027</u>

Explanation:

Brett produces 1,022 tons of almonds x $104 per ton = $106,288 (market value)

neighbor produces 779 tons of walnuts x $113 per ton = $88,027 (market value)

You might be interested in
The following information is available for two different types of businesses for the Year 1 accounting year. Hopkins CPAs is a s
Firdavs [7]

Answer:

Please see attached detailed explanation.

Explanation:

Please find attached detailed preparation of income statement, balance sheet and cash flow statement for the above.

4 0
2 years ago
Forte Co., had 3,000 units of work in process on April 1 that were 60% complete. During April, 11,000 units were started and as
Semmy [17]

Answer:

b. 10,000.

Explanation:

The number of units completed in April is given by the number of units on April 1st (3,000) added to the number of units started during April (11,000) minus the number of units still in production on April 30th (4,000):

\begin{array}{ccc}Starting\ n^o\ of\ units&3,000\\Units\ started\ in\ April&11,000\\Units\ not\ completed\ in\ April&(4,000)\\Units\ completed\ in\ April&10,000\end{array}

10,000 units were completed during April.

4 0
2 years ago
Josie recently took a job in the marketing department for Beachside Bagels and Bakery. After just a few days on the job, Josie l
Natalija [7]

Answer: Bureaucratic organization

Explanation:

A bureaucratic organization is an organization with a pyramidal shaped structure thereby decisions are made in an organized manner and there is high formality in its operations. It involves different layers of management from the top executives to managers till it gets to the lower staffs

Authority and decision making generally comes from the top till it gets to lower layers. Examples of bureaucratic organizations can be found in colleges and police departments.

6 0
2 years ago
Read 2 more answers
Select the correct answer.
vovangra [49]
D. Graphic designer is the answer
7 0
1 year ago
According to the real business cycle​ models, A. the Federal Reserve can affect inflation and real GDP by using monetary policy
Nataly_w [17]

Answer: (D).

According to the real business cycle, "changes in the level of technology are the main causes of inflation and fluctuations in real GDP".

Explanation:

The "real business cycle" states that an economy during its lifetime will go through all the various stages of a business cycle which include; expansion, peak, recession, depression, trough and recovery. There will be periods where economic activities will be high and other periods when they will be low.

According to the real business cycle, technological innovation or shocks, which determine the extent to which inputs are converted to outputs, are responsible for the changes in the economy (such as inflation and real GDP fluctuations).

7 0
1 year ago
Other questions:
  • Henry is the manager at a store that sells clothes for all seasons. The latest trend, he found, was in summer beachwear. So, he
    12·2 answers
  • A data safety monitoring board report for an investigator-initiated investigational drug study indicates a significantly higher
    6·1 answer
  • Suppose Brian is in the market for a used textbook and the campus bookstore is having a sale. If the initial price of the used b
    5·1 answer
  • Other data not yet recorded at December 31 include Insurance expired during the current year, $6. Wages payable, $4. Depreciatio
    13·2 answers
  • The Valenti Company uses flexible budgeting for cost control. Valenti produced 10,800 units of product during October, incurring
    9·1 answer
  • Sommer, Inc., is considering a project that will result in initial aftertax cash savings of $1.75 million at the end of the firs
    7·1 answer
  • Suppose a flood changes the production capacity in a country. How would you represent this situation with a production possibili
    5·1 answer
  • Kosher Pickle Company acquires all the outstanding stock of Midwest Produce for $15.0 million. The fair value of Midwest's asset
    15·1 answer
  • Les is concerned that his variable cost per unit projection for a project may not be reliable. Which type of analysis will best
    12·1 answer
  • In the Vasquez Corporation, any overapplied or underapplied manufacturing overhead is closed out to Cost of Goods Sold. Last yea
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!