Kate and Sarah own a bakery together. The two figures illustrate the production possibilities available to them if they work at their bakery for 8 hours a day.
If kate and sarah both specialize in the good in which they have a comparative advantage the;
Answer;
-the total production of bread will be 16 and total production of pies will be 17.
Explanation;
-Comparative advantage is the ability of a firm or individual to produce goods and/or services at a lower opportunity cost than other firms or individuals. A comparative advantage gives a company the ability to sell goods and services at a lower price than its competitors and realize stronger sales margins.
-It is important to note that a comparative advantage is not the same as an absolute advantage. The latter implies that one is the best at something, while the former relates more to the costs of the particular endeavor.
Answer:
Company's return on investment (ROI) = Net operating income / Average operating assets
Company's return on investment (ROI) = 380000/2000000
Company's return on investment (ROI) = 19%
Residual income = Net operating income - Return on investment*Average operating assets
Residual income = 380000 - 18%*2000000
Residual income = $20,000
ROI of new investment = Net operating income/Investment
ROI of new investment = 12950/70000
ROI of new investment = 18.50%
ROI of overall company if investment taken place = Total net operating income/ Total average operating assets
ROI of overall company if investment taken place = (380000+12950) / (2000000+70000)
ROI of overall company if investment taken place = 18.98%.
Solution:
Q MC FC VC TC AFC AVC ATC
0 NA 50 0 50 NA NA NA
1 50 50 50 105 50 50 105
2 19 50 64 104 20 32 52
3 85 40 149 189 13.33 49.67 63.00
4 223 40 372 412 10 93 103
TC=FC+VC
FC=40
VC=TC-FC
MC=change in TC
AFC=FC/Q
AVC=VC/0
ATC=TC/0
a) TC when 0=0 = 40 because FC = 40 remains constant and the firm still incurs a total cost equal to its FC when it produces zero output.
b) MC for first unit = 45
c) ATC of 3rd unit = 63
d) AVC for 4th unit = 93
Answer:
Proactive consumers
Explanation:
Proactive means acting in advance to deal with an unexpected change or difficulty in the future.
Proactive consumers refers a group of consumers who are an intrinsic part of the creative process of developing a product. They are the active consumers. They are not a part of the passive consumers where industry dumps consumer goods.
Proactive consumers are part of the production and marketing process of a product. They make research on how a product can be improved on.
Proactive consumers reject most traditional advertising and use multiple sources—traditional media, the Internet, product-rating magazines, recommendations from friends in-the-know—to not only research a product, but to negotiate price and other benefits.
Which describes the cross section of the rectangular prism that passes through vertices A, B, C, and D?
(A rectangular prism with measurements 3 centimeters, 10 centimeters, 6 centimeters.)
a rectangle with two 10-cm sides and two 6-cm sides
a rectangle with two 10-cm sides and two sides that are longer than 6 cm
a nonrectangular parallelogram with two 10-cm sides and two 6-cm sides
a nonrectangular parallelogram with two 10-cm sides and two sides that are longer than 6 cm