The opportunity cost of producing 1 car in Canada if equal to 15 bushels of wheat that would have been produced
A. A Canadian can make two 2 cars or 30 bushels of wheat. The opportunity cost of 1 car = 15 bushels of wheat. In the same way, the opportunity cost of a bushel is 1/15 of having a car production.
The relation in the opportunity cost of the two goods is the fact that they are reciprocals of each other.
C. If the US decides to buy 10 million cars from Canada, then Canada would have to produce 20 million cars because that is what they consume also.
At 20 bushels of wheat per car, they would be consuming 200 million bushels plus the 10 million cars.
What is opportunity cost?This is the value of the option that you give up when you are faced with two choices.
It is loss of the gains from one alternative when you choose to go with the option of another alternative.
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You are calling Mrs. Jones in regards to an Adherence Outreach, and she asks what she paid previously for her metformin. Where can you find that information?
a. Preferences
b. Notes
c. Opportunity Detail
d. Patient Profile
e. Opportunity Summary
The amount Mrs. Jones paid previously for her Metformin can be found in d. Patient Profile.
One of the major records kept by Pharmacies is the patient profile. The patient profile is a confidential patient record that contains important information of patients such as demographics of the patients, medication profile as well as the drugs that were prescribed and dispensed to patients.
In other words, patient Profile is a retrievable basic record kept by most pharmacies containing personal information of patients including the medication history.
Metformin is a drug prescribed to overweight people who have type 2 diabetes. Definitely, Metformin that was bought by Mrs. Jones was from a pharmacy.
Therefore, the information of how much Mrs. Jones previously paid for Metformin can be retrieved from d. Patient Profile.
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Answer:
c. opportunity detail
d. patient profile
Explanation:
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Answer:
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Explanation:
Human resources development is important because it is an investment in one's employees that will ultimately result in a stronger and more effectiv
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1. If a new breakthrough in manufacturing technology reduces the cost of producing Blu-ray players by half, what will happen to each of the following: Supply of Blu-ray players Demand for Blu-ray players; and demand for Blu-rays Equilibrium price and quantity of Blu-ray players
Videos are most likely to go viral if they're
Question 3 options:
fun.
ads offering discounts.
animated.
filled with cute animal antics.
Answer:
animated and cute animals antics
Explanation:
It will go viral by little animation and those cute animals moments because everyone loves animals they are very cute and funny animals moments also so it will go viral
Charles delivers flowers. He aerns $5.57 to deliever a flower arrangement. Last week he made $746.38. How many arrangements did he deliver?
Answer:
134
Explanation:
i divided 746.38 by 5.57 and thats your answer
What is the key to economics? Explain.
Answer:
At the most basic level, economics attempts to explain how and why we make the purchasing choices we do.
Explanation:
this was a answer from my school
Answer:
Four key economic concepts—scarcity, supply and demand, costs and benefits, and incentives
Explanation:
Scarcity explains the basic economic problem that the world has limited—or scarce—resources to meet seemingly unlimited wants, and this reality forces people to make decisions about how to allocate resources in the most efficient way.
As a result of scarce resources, humans are constantly making choices that are determined by their costs and benefits and the incentives offered by different courses
For example, there is only so much wheat grown every year. Some people want bread and some would prefer beer. Only so much of a given good can be made because of the scarcity of wheat. How do we decide how much flour should be made for bread and beer? One way to solve this problem is a market system driven by supply and demand.
Supply and Demand
A market system is driven by supply and demand. Taking the example of beer, if many people want to buy beer, the demand for beer is considered high. As a result, you can charge more for beer and make more money on average by using wheat to make beer than by using wheat to make flour.
Hypothetically, this could lead to a situation where more people start making beer and, after a few production cycles, there is so much beer on the market—the supply of beer increases—that the price of beer drops.
Costs and Benefits
The concept of costs and benefits is related to the theory of rational choice (and rational expectations) that economics is based on. When economists say that people behave rationally, they mean that people try to maximize the ratio of benefits to costs in their decisions.
If demand for beer is high, breweries will hire more employees to make more beer, but only if the price of beer and the amount of beer they are selling justify the additional costs of their salary and the materials needed to brew more beer. Similarly, the consumer will buy the best beer they can afford to purchase, but not, perhaps, the best-tasting beer in the store.
Everything Is in the Incentives
If you are a parent, a boss, a teacher, or anyone with the responsibility of oversight, you've probably been in the situation of offering a reward—or incentive—in order to increase the likelihood of a particular outcome.
Economic incentives explain how the operation of supply and demand encourage producers to supply the goods that consumers want, and consumers to conserve on scarce resources. When consumer demand for a good increases, then the market price of the good rises, and producers have an incentive to produce more of the good because they can receive a higher price. ON the other hand, when the increasing scarcity of raw materials or inputs for a given good drive costs up and producers to cut back on supply, then the price they charge for he good rises, and consumers have an incentive to conserve on their consumption of that good and reserve it's use for their most highly valued uses.
In the example of a brewery, the owner wants to increase production so they decide to offer an incentive–a bonus–to the shift that produces the most bottles of beer in a day. The brewery has two sizes of bottles: one 500 milliliter bottle and a one-liter bottle. Within a couple of days, they see production numbers shoot up from 10,000 to 15,000 bottles per day. The problem is that the incentive they provided focused on the wrong thing—the number of bottles rather than the volume of beer. They begin receiving calls from suppliers wondering when orders of the one-liter bottles are going to come. By offering a bonus for the number of bottles produced, the owner made it beneficial for the competing shifts to gain an advantage by only bottling the smaller bottles.
If I were a salesmen, how could I sell 10 boxes of burritos?
eBook
Print Item
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Tax Drill - Defined Contribution Keogh
Zack, a sole proprietor, has earned income of $85,000 in 2019 (after the deduction for one-half of self-
employment tax).
The maximum contribution Zack may make to a defined contribution Keogh plan is $
What i
Zack's maximum amount is $53,000 and the following can be defined in additional calculations:
Only owners, partnerships, and LLCs are given a Keogh pension plan and a flexible pension plan.For 2015, the maximum contribution for Keogh's plan is $53,000.In this question, Zack is the lone owner. It is therefore eligible for the Keogh plan and has a $53,000 maximum contribution.Note:
This issue was based on the year 2015 when year changes also change.
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Mary sells T-shirts in a stall at the shopping centre. When she charges £15 per T-shirt she does not sell anything, however she noticed that every time she reduces the selling prince by £1, sells 15 more t-shirts per hour. A T-shirt cost £4.50 to make and she is charged £130 a day for her stall. Mary opens her stall from 10am to 8pm
a. Write the equation to calculate the maximum profit?
b. Using the equation write in a table the price and profit for price ranging from £15 to £3
c. Plot a graph and draw a diagram to represent the profit
d. What is the maximum possible profit? What should be the selling price to achieve it?
Which statement is an example of effectively managing diversity
The statement that shows an example of effectively managing diversity is that change the signs, brochures & the website that involved the other languages from the local government to the legal & illegal immigrants.
The following information is not relevant:
If there is an increase in the no of families that are the single parent so it does not decrease the health benefits.In order to decrease workplace diversity, the company does not require all employees to speak in English.Companies does not recognize the Americans that shows poor demographic group.Therefore we can conclude that the statement that shows an example of effectively managing diversity is that change the signs, brochures & the website that involved the other languages from the local government to the legal & illegal immigrants.
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never start a project unless all resources are available
Mối quan hệ giữa sự tự tin quá mức của ban quản trị điều hành đối với việc mở rộng “quy mô” của doanh nghiệp.
Mối quan hệ giữa sự tự tin quá mức của ban quản trị điều hành đối với việc mở rộng “quy mô” của doanh nghiệp
Why my messages get rejected by the prospects on LinkedIn?
Answer:
There are still many businesses that use LinkedIn automation tools to send the same old boring, lazy, and unattractive messages and then expect them to respond. It doesn’t work!
Here are some reasons why Prospects reject your messages right away:
1. They Don’t Care Who You Are
2. You Know Nothing About Them
3. You Don’t Provide Value in Your Messages
4. You Don’t Provide Them Credentials
5. No Clear Call-to-Action
Prepare an income statement for Rex manufacturing for the year ended December 31 using the following information
Finished goods inventory ending $17,000 general and administrative expenses 15,000 accounts receivable 19,000 finished goods inventory beginning 20,000 cost of goods manufactured 41,000 selling expenses 13,000 cash 56,000 land 29,000 sales 94,000 equipment 2000
The preparation of the income statement for the year ended December 31 is as follows:
Sales $94,000
Cost of goods sold
Begininng finish goods inventory $20,000
Add:Cost of goods manufactured $41,000
Cost of goods available for sale $61,000
Less: Ending finish goods inventory -$17,000
Cost of goods sold $44,000
Gross margin $50,000
Less: Operating Expenses
General and Advertising Expenses $15,000
Selling Expenses $13,000
Total operating Expenses $28,000
Operating Income $22,000
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The income statement for Rex Manufacturing Co. for the year ended December 31, is as follows:
REX MANUFACTURING CO.
Income StatementFor the year ended December 31
Sales Revenue $94,000
Cost of goods sold 44,000
Gross profit $50,000
Operating expenses :
General &
advertising expenses $15,000
Selling expenses $13,000 $28,000
Net Income $22,000
What is an income statement?An income statement is a financial statement that shows an entity's performance for a financial period.
The income statement shows the difference between Sales Revenue, Cost of goods sold and other expenses, which is regarded as the net income or loss.
Data and Calculations:Cost of goods sold:Begininng finish goods inventory $20,000
Cost of goods manufactured $41,000
Cost of goods available for sale $61,000
Ending finish goods inventory $17,000
Cost of goods sold $44,000
Thus, the income statement of Rex Manufacturing indicates a net income of $22,000.
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If you do not balance your accounts, you run the risk of
and receiving
Answer:
being overdrawn and receiving NSF fees
Explanation:
If you spent $500,000 purchasing a stock on the profit for that year was $100,000 what is the return on investment
Answer:
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Explanation:
The effect on the accounting equation from using supplies which had been previously recorded as an asset is:
d
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O assets increase and owners' equity decrease
O assets increase and liabilities increase
O assets decrease and owners' equity decrease
ale
C!
O assets decrease and liabilities increase
D
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SA
The effect on the accounting equation from using supplies which had been previously recorded as an asset is that the assets will decrease and the owner's equity will decrease too.
The assets are the resources that the company has. The owner's equity refers to the proportion from the total value of the asset of a company that the owner can claim.Since the supply was recorded before as an asset, then the asset will reduce and the owner's equity reduces as well.In conclusion, the correct option is C.
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A company borrows $125,000 from the Northern Bank and receives the loan proceeds in cash. This represents a(n):
Answer:
A company obtains [tex]\$125,000[/tex] from the Northern Bank and takes the loan proceeds in cash. This represents a(n) Financing activity.
Explanation:
Financing activity:
Financing activities show the progress of cash between a business furthermore its owners and creditors. Financing activities concentrate on how the business develops capital and rewards spine its investors.The activities include issuing and selling stock, returning cash dividends, and combining loans.Borrowing and compensating short-term loans, Borrowing and repaying long-term loans, and separate long-term liabilities.Learn morn about Financing activity, refer:
https://brainly.com/question/16997467https://brainly.com/question/21337791Do you have studies for Econ 2301 Principles of Macroeconomics ?
The RideEm Bicycles factory can produce 160 bicycles in a day at a total cost of $10,600. It can produce 180 bicycles in a day at a total cost of $11,500. What are the company's daily fixed costs (in dollars)
When several parties or individuals can reach similar values in financial statements by using similar methods, the information is said to be: Multiple Choice comparable. understandable. verifiable. timely.
When several parties reach similar values in financial statements then the information is said to be comparable.
When two or more companies use same methods of accounting then their values and financial figures can be comparable.
There are accounting standards which provides a base for the accounting treatment for transactions.
There can be analysis if their performance based on their financial figures.
The correct answer is a. Comparable
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1. Family A’s income is more than twice that of Family B, yet Family B has more equity, or positive value, on the things that they own. How do you account for the difference?
The difference can be account as:Family A has higher debt while Family B has Lesser debt
Equity is the state of possessing an assets after
paying off the Liabilities, which is why Equity is calculated as:
Equity= Total assets - Total Liabilities
In this scenario the difference can be account as:Family A has higher debt while Family B has Lesser debt which is why despite the fact that Family A income is higher than that of Family B , Family B still possesses more Assets than that of Family A due to their lesser debt.
Inconclusion The difference can be account as:Family A has higher debt while Family B has Lesser debt.
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A wedding party hired a sole proprietorship to cater their wedding. In this situation, the sole proprietorship is a corporation and the employee who handled the job is a partner. If the sole proprietorship is a corporation and its employee poisons the cake, the corporation's board of directors would not be liable.
false
true
Sensitivity analysis is concerned with determining how much variation in financial data, the decision maker can have to affect the economic decision.
A. True
B. False
inbound tourism impact on price
As leaders, it is our responsibility to those we work with and to ensure we provide them with the tools they need to succeed.
a. True
b. False
Plz help me 25 points!!!! Thxxx <3
Answer:
Explanation:
The first one get advice and information is can I contact you with any other questions that I may have? The second one build your professional network is in what’s ways is my resume lacking if I want to find a psotion as a mechanic and the last one is the first one
I THINK THESE ARE THE CORRECT ANSWERS BUT TRY TO LOOK IT UP FIRST
What is your annual return if you bought a stock three years ago for $55 and you just sold it for $79, assuming you did not receive any dividends during that time period?
The annual return is $8 per year
Cost price of stock = $55
Selling price of stock = $79
Number of years = 3 years
Annual return will be:
= (Selling price - Cost price) / Number of years.
= ($79 - $55) / 3
= $24/3
= $8
Therefore, the annual return is $8.
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help with Business Assignment term 3 grade 12
Answer:
¿Do you have a screenshot or the question oppositions?
Which of the following statements is true of women in leadership positions?
The statement that is true of women in leadership positions is women had significantly lower well being scores then men. The correct option is d.
What is leadership?Leadership is the ability of an individual or a group of people to influence and guide followers or members of an organization, society or team. Leadership often is an attribute tied to a person's title, seniority or ranking in a hierarchy. However, it's an attribute anyone can have or attain, even those without leadership positions. It's a developable skill that can be improved over time.
Leaders are found and required in most aspects of society, including business, politics, religion and social- and community-based organizations. Leaders are seen as people who make sound and sometimes difficult decisions. They articulate a clear vision, establish achievable goals and provide followers with the knowledge and tools necessary to achieve those goals.
In business, individuals who exhibit leadership traits can ascend to executive management or C-level positions.
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The question is incomplete, but the full question probably was:
Which of the following statements is true of women in leadership positions?
A) Women's commitment to their organizations was less guarded than that of their male counterparts.
B) Women were less likely than men to be willing to take career risks.
C) Women were less analytical and forceful than men.
D) Women had significantly lower well-being scores than men.
