Greater pricing power is most likely to result from greater:A. unused capacity.B. market concentration.C. volatility in market share.

Answers

Answer 1

Answer:

B. market concentration

Explanation:

The answer is that greater pricing power is most likely to result from greater market concentration because this means that there are few competitors in the market which allows to have more power to establish prices.

The other options are not right because unused capacity indicates that there is a lot of competition in the market which doesn't allow to have the power to establish prices and volatility in market share means that there is not a  firm position in the market that allows to have greater pricing power.


Related Questions

Dustup, a cleaning products company, was trying to revive its old wood floor waxing product. It began offering an augmented service of a small brochure called "Ask a Wood Floor Expert" to its bottles. The brochure included information and a customer support hotline. However, shoppers removed the brochure from bottles in the store, so few bottles were purchased. At the same time, Dustup began receiving a flood of calls to its hotline. This increased Dustup’s costs 30% over projections. What question did the company forget to ask before launching its add-on?

Answers

Answer:

Dustup forgot to the consumers if the add-on will give them more satisfaction from using their product.  

Explanation:

The market is always king. Getting first-hand information about what consumers need and how they need it is the best way to go about creating a product or modifying an existing one to become more profitable.

The removal of the brochures from the bottles showed that shoppers didn't necessarily want their product. What they wanted was to be able to make contact with the company and get more information on how to revive their old wooden floors.

Cheers!

A company sold equipment that originally cost $290,000 for $145,000 cash. The accumulated depreciation on the equipment was $145,000. The company should recognize a:

Answers

Answer:

$0 gain/loss

Explanation:

A company sold an equipment that originally cost $290,000 for $145,000

The accumulated depreciation on the equipment was $145,000

The first step is to calculate the book value of the equipment

Book value of the equipment= Cost of equipment-accumulated depreciation

= $290,000-$145,000

= $145,000

Therefore, the gain/loss on the equipment can be calculated as follows

= Selling price-book value

= $145,000-$145,000

= 0

Hence there is no recognized gain or loss on the equipment

Answer:

Company would recognize a no loss or gain on the disposal i.e Nil

Explanation:

The gain or loss on disposal is the difference between the carrying value of an assets at the point of disposal and the the disposal value.

Gains/(Loss)= Disposal value - carrying value

The carrying value is the difference between the historical cost and the accumulated depreciation till date.

Carrying value = Historical cost - Accumulated depreciation till date

Carrying value = 290,000 - 145,000 = 145 ,000

Gains/Loss= 145,000 - 145,000 = 0.

Company would recognize a no loss or gain on the disposal i.e Nil

You manufacture wine goblets. In mid- June you receive an order for 10,000 goblets from Japan. Payment of ¥400,000 is due in mid- December. You expect the yen to rise from its present rate of $1=¥107 to $1 to ¥120 by December 2020. You can borrow yen at 6% a year. What should you do?

Answers

Answer:

I will borrow yen at 6% a year.

Explanation:

a) Data and Calculations:

Payment for 10,000 = ¥400,000

Spot rate = $1 = ¥107

Forward rate = $1 to ¥120

Borrow ¥400,000, the interest cost = ¥24,000 = $224.30/2 (¥24,000/107) = $112.15 for six months

Value of ¥400,000 borrowed in dollars = $3,738.32 (¥400,000/107)

Loan Repayment of ¥400,000 in dollars = $3,333,33 (¥400,000/120)

Gain from forward contract = $404.99

Interest cost for borrowing =      112.15

Overall debt hedging gain =  $292.84

By borrowing yen at 6% per annum, you will make an overall gain of $292.84.  This is not comparable to the foreign exchange loss of $404.99 that you will incur without borrowing yen.  Taking advantage of the the debt hedging, the supplier is able to save foreign exchange loss.

A stock has had the following year-end prices and dividends: Year Price Dividend 1 $ 43.37 - 2 48.35 $ .60 3 57.27 .63 4 45.35 .80 5 52.27 .85 6 61.35 .93 What are the arithmetic and geometric average returns for the stock? (Do not round intermediate calculations and enter your answers as a percent rounded to 2 decimal places, e.g., 32.16.)

Answers

Answer:

geometric mean return = 1.2%

arithmetic mean return = 1.21%

Explanation:

Year            Price            Dividend              Yearly return

1                  $43.37                 -                            0

2                 $48.35            $0.60                      1.24%

3                 $57.27            $0.63                       1.1%

4                 $45.35            $0.80                       1.76%

5                 $52.27            $0.85                       1.63%

6                  $61.35            $0.93                       1.52%

geometric mean return = [(1 + 0) x (1 + 0.0124) x (1 + 0.011) x (1 + 0.0176) x (1 + 0.0163) x (1 + 0.0152)]¹/⁶ - 1 = 1.012 - 1 = 0.012 = 1.2%

arithmetic mean return = (0% + 1.24% + 1.1% + 1.76% + 1.63% + 1.52%) / 6 = 7.25% / 6 = 1.21%

Tyler Corporation is a wholesaler that sells a single product. Management has provided the following cost data for two levels of monthly sales volume. The company sells the product for $127.20 per unit. Sales volume (units) 5,000 6,000 Cost of Sales $419,000 $502,800 Selling and Administrative costs $186,000 $202,200 The best estimate of the total contribution margin when 5,300 units are sold is: Group of answer choices $230,020 $51,410 $146,810 $32,330

Answers

Answer:

The correct answer is A.

Explanation:

Giving the following information:

The company sells the product for $127.20 per unit.

Sales volume (units) 5,000 6,000

Cost of Sales $419,000 $502,800

First, we need to determine the unitary variable cost:

unitary variable cost= 419,000/5,000= $83.8

unitary variable cost= 502,800/6,000= $83.8

Now, the unitary contribution margin:

Unitary contribution margin= 127.2 - 83.8= $43.4

Finally, the total contribution margin:

total contribution margin= 5,300*43.4= $230,020

The best estimate of the total contribution margin when 5,300 units are sold is option A $230,020.

Total Contribution Margin

To Calculate the Contribution Margin, we need to find the value of the unitary variable cost, and their margin. We are provided with these information:

Selling price $127.20 per unit.

Sales volume  5,000, & 6,000

Cost of Sales $419,000 & $502,800

To find the value of Total Contribution margin:

Step 1: Unitary Variable Cost= 419,000/5,000= $83.8

Step 2: Unitary Variable Cost= 502,800/6,000=  $83.8

Step 3: Unitary Contribution Margin= 127.2 - 83.8= $43.4

Step 4: Total contribution margin when 5300 units are sold= 5,300×43.4= $230,020.

Hence, option A is correct.

Learn More about Contribution Margin here:

https://brainly.com/question/24309427

Bandar Industries Berhad of Malaysia manufactures sporting equipment. One of the company’s products, a football helmet for the North American market, requires a special plastic. During the quarter ending June 30, the company manufactured 3,400 helmets, using 2,346 kilograms of plastic. The plastic cost the company $15,484. According to the standard cost card, each helmet should require 0.64 kilograms of plastic, at a cost of $7.00 per kilogram. Required: 1. What is the standard quantity of kilograms of plastic (SQ) that is allowed to make 3,400 helmets? 2. What is the standard materials cost allowed (SQ × SP) to make 3,400 helmets? 3. What is the materials spending variance? 4. What is the materials price variance and the materials quantity variance?

Answers

Answer:

1. What is the standard quantity of kilograms of plastic (SQ) that is allowed to make 3,400 helmets?

3,400 helmets x 064 kgs per helmet = 2,176 kgs

2. What is the standard materials cost allowed (SQ × SP) to make 3,400 helmets?

2,176 kgs x $7 per kg = $15,232

3. What is the materials spending variance?

$15,484 - $15,232 = $252 unfavorable (because total expenditures on materials were higher than budgeted)

4. What is the materials price variance and the materials quantity variance?

materials price variance = [($15,484/2,346) - $7] x 2,346 = -$938 favorable (the purchase price per kg was lower than budgeted)

materials quantity variance = (2,346 - 2,176) x $7 = $1,190 unfavorable

Assuming a 360 -day year the maturity value of a 15000, 9%,60-day note receivable dated February 10th is:

Answers

Answer:

the maturity value of the note receivable is $15,225, and includes both principal plus interest revenue.

Explanation:

when the note is collected on April 11, the journal entry should be:

April 11, collection of notes receivable

Dr Cash 15,225

    Cr Notes receivable 15,000

    Cr Interest revenue 225

interest revenue = $15,000 x 9% x 2/12 = $225

True or False: The more that the labor supply decreases in response to a decrease in wages, the larger are the supply-side effects of an increase in tax rates (that is, the decrease in output is largerdue to a tax increase).

Answers

Answer:

Correct Answer:

1. True

Explanation:

Taxes affect work activity directly through labor supply-and-demand channels and indirectly through government spending responses to available tax revenues. It has been determined that higher tax rates on labor lead to less work time in the legal market sector.

A publisher is deciding whether or not to invest in a new printer. The printer would cost $900, and would increase the cash flows in year 1 by $500 and in year 3 by $800. Cash flows do not change in year 2.If the interest rate is 12% Is the investment in the new printer feasible?

Answers

Answer:

Yes, since NPV>0

Explanation:

The computation of the net present value is shown below:

= Present value of cash inflows - initial investment

where,

Present value of cash inflows is

= $500 ÷ (1 + 0.12)^1 + $800 ÷ (1 + 0.12)^3

= $446.43 + $569.42

= $1,015.85

And the intial investment is $900

So, the net present value is

= $1,015.85 - $900

= $115.85

Since the net present value comes in positive so the investment in new printer is feasible

Finding operating and free cash flows Consider the following balance sheets and selected data from the income statement of Keith Corporation.
Keith Corporation Balance Sheets December 31
Assets 2015 2014
Cash $ 1,500 $ 1,000
Marketable securities 1,800 1,200
Accounts receivable 2,000 1,800
Inventories 2,900 2,800
Total current assets $ 8,200 $ 6,800
Gross fixed assets $ 29,500 $ 28,100
Less: Accumulated depreciation 14,700 13,100
Net fixed assets $ 14,800 $ 15,000
Total assets $ 23,000 $ 21,800
Liabilities and stockholders' equity
Accounts payable $ 1,600 $ 1,500
Notes payable 2,800 2,200
Accruals 200 300
Total current liabilities $ 4,600 $ 4,000
Long-term debt 5,000 5,000
Total liabilities $ 9,600 $ 9,000
Common stock $ 10,000 $ 10,000
Retained earnings 3,400 2,800
Total stockholders' equity $ 13,400 $ 12,800
Total liabilities and stockholders' equity $ 23,000 $ 21,800
Keith Corporation Income Statement Data (2015)
Depreciation expense $1,600
Earnings before interest and taxes (EBIT) 2,700
Interest expense 367
Net profits after taxes 1,400
Tax rate | 40%
Required
a. Calculate the firm's net operating profit after taxes (NOPAT) for the year ended December 31, 2015
b. Calculate the firm?s operating cash flow (OCF) for the year ended December 31, 2015
c. Calculate the firm?s free cash flow (FCF) for the year ended December 31, 2015
d. Interpret, compare, and contrast your cash flow estimates in parts b and c.

Answers

Answer:

a. NOPAT = EBIT * (1-t)

NOPAT = $2,700 * (1-0.40)

NOPAT = $1,620

b. OCF = NOPAT + Depreciation

OCF = $1,620 + $1,600

OCF = $3,220

c. FCF = Net fixed asset investment - Net current asset investment

FCF = $3,320 - $1,400 -  $1,400

FCF = $420

Note:

Net fixed asset investment = Change in net fixed assets + depreciation

= ($14,800- $ 15,000) + $1,600

= $1,400

Net current asset investment = Change in current assets - Change in accounts payable and accurals

= ($8,200 - $6,800) - {($1,600 + $200) - ($1,500 - $300)}

= $1,400

d. FCF is meaningful as it shows that OCF is able to cover Operating expenses as well as Investment in Fixed and Current Assets

A company had the following cash flows for the year: (a) Purchased inventory, $60,000 (b) Sold goods to customers, $90,000 (c) Received loan from a local bank, $150,000 (d) Purchased land, $180,000 (e) Purchased treasury stock, $40,000 (f) Paid dividends, $10,000 (g) Sold delivery truck, $30,000 What amount would be reported for net investing cash flows on the Statement of Cash Flows (for a negative number put a minus in front of the number)?

Answers

Answer:

The amount would be reported for net investing cash flows on the Statement of Cash Flows is –$190,000, that is, minus $190,000.

Explanation:

Cash flow from investing activities refers to the section of the cash flow statement that provides amount of cash that is generated or spent on investing activities.

Investing activities comprises of purchases or sales property plant, and equipment (PP&E), marketable securities (i.e., stocks, bonds, etc.), and among others.

From the question, the amount of net investing cash flows can be computed as follows:

Particulars                                                     Amount ($)

Purchased land                                              –180,000

Purchased treasury stock                               –40,000

Sold delivery truck                                            30,000  

Net cash flow from investing activities     –190,000  

Therefore, the amount would be reported for net investing cash flows on the Statement of Cash Flows is –$190,000, that is, minus $190,000.

Costs which can be eliminated in whole or in part if a particular business segment is discontinued are called:

Answers

Answer:

Avoidable costs

Explanation:

An avoidable cost is defined as one that an entity will not incur if a particular activity is not undertaken.

In business operations avoidable costs are usually variable costs. These are costs that vary or change in the cost of production. For example wages, cost of raw materials, and labour. These can be avoided depending on business needs.

Costs that are not avoidable are fixed cost. For example rent, insurance, and utilities.

These costs are paid wether production occurs or not.

2. Suppose that you have 2 buyers and one item for sale. The first buyer values your product at $10, and the second buyer values your product at $6. You estimate that the probability of getting the high value customer is 40%. Your marginal costs are $3. You have only one chance to sell your item to these buyers. What is your optimal price and expected profit

Answers

Answer:

Price at $6, Profit = $3

Explanation:

When price is $ 10:

Profit = $10 - $3 = $7

But there is 40% chance of high valued customer

So, profit = $7 X 0.40 = $2.8

When price is $6

Profit = $6 - $3 = $3

Laurie's Ice Rink keeps an extra $1,500 in its checking account simply in case an emergency arises. Which type of motive for holding cash does this represent

Answers

Answer:

Precautionary Motive

Explanation:

there are three motives for Holding Money . They are :

1. Transaction Motive:  the motive for holding money is to be able to carry out transactions such as to pay for goods or services.

2. Precautionary Motive: the motive for holding money is to meet unforeseen circumstances or emergencies. e.g. if my car suddenly develops a fault.

3. Asset or Speculative Motive: the motive for holding money is to take advantage of the rise and fall of prices of bonds and securities.

Fertile Acres Inc., Growers Farm Co-op, and Harvest Orchards agree to exchange information, conduct an advertising campaign, and set certain regulatory standards to govern their operations. This association is

Answers

Answer: a.  subject to analysis under the rule of reason.

Explanation:

The Rule of Reason is used to interpret whether he Sherman Act which is an anti-trust law has been breached. This Rule was established so as not to unfairly close down all monopolies and Monopolies are not illegal, price fixing is.

If companies therefore come together as Fertile Acres Inc., Growers Farm Co-op, and Harvest Orchards have done, the Government under the Rule of Reason will check to see if the actions of these firms was done in order for them to go against free trade practices. If it was not then the agreement might be allowed to stand.

What is the beta for a company with a 12% expected return, while treasury bills are yielding 5% and the market risk premium is 7%

Answers

Answer:

The beta for the company is 1.

Explanation:

A beta is the measure of systematic risk associated to a stock or the portfolio. Systematic risk is the market risk that affects all the stocks in the market due to factors that are uncontrollable. Such a risk is what the companies compensate the investors for. Using the CAPM equation, we calculate the expected rate of return of a stock. The equation is,

r = rRF + Beta * rpM

Where,

rRF is the risk free raterpM is the risk premium on market

We already have the values for r, rRF and rpM. Plugging them in the formula, we calculate the beta to be,

0.12 = 0.05  +  Beta * 0.07

0.12 - 0.05 = Beta * 0.07

0.07/ 0.07 = Beta

Beta = 1

Kansas Enterprises purchased equipment for $73,500 on January 1, 2021. The equipment is expected to have a five-year service life, with a residual value of $6,450 at the end of five years. Using the double-declining balance method, depreciation expense for 2022 would be

Answers

Answer:

The answer is $17,640

Explanation:

Equipment was bought on Jan. 1, 2022 for $73,500. This is the historical cost of the asset.

Residual value is $6,450. This is the amount the equipment is being expected to sell for at the end of its useful life.

Useful life is 5 years.

To know the percentage to be used for the depreciation, we have:

100percent / 5 years

= 20 percent

Double-declining is 40 percent(20 percent x 2)

Depreciation for 2021 is

$73,500 x 40 percent

= $29,400.

Carrying amount at the end of 2021 which will also be for the beginning of 2022 is $44,100 ($73,500 - $29,400)

Depreciation for 2022:

$44,100 x 40 percent

$17,640.

Therefore, the depreciation for 2022 is $17,640.

By 2002, Fisher's strategic initiatives in China had yielded significant results. They had 63% of the retail film market and 7,000 stores.
A. Exporting
B. Contractual agreements
C. Strategic alliances/joint ventures
D. Direct investment

Answers

Answer: Strategic alliances/joint ventures

Explanation:

From the question, we are informed that by 2002, Fisher's strategic initiatives in China had yielded significant results and that they had 63% of the retail film market and 7,000 stores.

The method used for their success was the strategic alliances or joint venture whereby two or more business or individuals come together and utilize the resources available to carry out a particular objective.

Ray's Satellite Emporium wishes to determine the best order size for its best-selling satellite dish (model TS111). Ray has estimated the annual demand for this model at 1,500 units. His cost to carry one unit is $80 per year per unit, and he has estimated that each order costs $22 to place.
Using the EOQ model, how many should Ray order each time?

Answers

Answer:

28.72 units

Explanation:

Calculation of how many should Ray order each time using EOQ model

Using this formula

EOQ= √2DS/H

Where,

D=Annual demand 1,500 units

S=Order costs $22

H=Holding Costs $80 per unit

Let plug in the formula

EOQ=√2*1,500*$22/$80

EOQ=√66,000/$80

EOQ=√825

EOQ=28.72 units

Therefore Using the EOQ model, Ray should order 28.72 units each time.

A NASDAQ security is bid at $30.25 and offered at $30.75. An over-the-counter trader effects a trade at $30.75 and charges a commission of $.50 to the customer. The price that will show on the tape is:

Answers

Answer:

$30.75

Explanation:

Given that

Security bidding = $30.25

Offered price = $30.75

over the counter trading = $30.75

Commission charged = $0.50

based on the above information, the price that shows on the tape is equivalent to the over the counter trading price i.e $30.75 also it does not include the commission charged i.e $0.50

Hence, the price is $30.75

fremont which uses the high-low method reported total cost of $10 per unit its lowest production level, 5000 units. when production tripled to its highest level, the total cost per unit dropped to $5 variable cost per unit

Answers

Answer:

$2.50

Explanation:

Calculation for the estimation of   variable cost per unit

                        Units     Total cost

High method  15,000×$5  per units  =$75,000

(5,000*3)=15,000

Low  method  5,000*$10 per units=$50,000

Difference  10,000     $25,000  

Variable cost per unit =$25,000/10,000

Variable cost per unit=$2.50

Note: Based on the information given we were told that production tripled to its highest level which means the high method units will be 15,000 units (5,000 units*3)

Therefore Fremont would estimate its variable cost per unit as: $2.50

rancis Inc.'s stock has a required rate of return of 10.25%, and it sells for $87.50 per share. The dividend is expected to grow at a constant rate of 6.00% per year. What is the expected year-end dividend, D1

Answers

Answer:

$3.72

Explanation:

Francis incorporation stock has a required rate of return of 10.25%

The stock is sold at $87.50 per share

The growth rate is 6% per year

Therefore, the expected dividend can be calculated as follows

= Po(rs-g)

= $87.50(10.25%-6%)

= $87.50×4.25

= $3.72

Hence the expected year end dividend is $3.72

Endor Company begins the year with $110,000 of goods in inventory. At year-end, the amount in inventory has increased to $118,000. Cost of goods sold for the year is $1,300,000. Compute Endor’s inventory turnover and days’ sales in inventory. Assume that there are 365 days in the year

Answers

Answer:

11.40

32 days

Explanation:

Inventory turnover and days of sales of inventory are examples of activity ratios.

They are used to measure the efficiency of performing daily tasks

inventory turnover =  Cost of goods sold/ average inventory

Average inventory = ($118,000 + $110,000) / 2 = $114,000

Inventory turnover =  $1,300,000 / $114,000 = 11.40

days of sales of inventory = 365 / inventory turnover = 365 / 11.40 = 32 days

A company budgets administrative salaries at $5,000 at a sales level of 1,000 units. At a sales level of 1,200 units, budgeted administrative salaries will be $

Answers

Answer:

$5,000

Explanation:

Based on the information given we were told that the company had budgets administrative salaries at the amount of $5,000, which means that the amount of $5,000 will be the company budgets administrative salaries.

Therefore the company budgeted administrative salaries will be the amount of $5,000

On January 1, a company issued and sold a $300,000, 5%, 10-year bond payable, and received proceeds of $293,000. Interest is payable each June 30 and December 31. The company uses the straight-line method to amortize the discount. The carrying value of the bonds immediately after the first interest payment is:

Answers

Answer: $293,350

Explanation:

The carrying value of the bonds immediately after the first interest payment will be the addition of the received proceed and the ammortized discount. This will be:

= $293,000 + $350

= $293,350

Note that the ammortized discount was calculated as:

= ($300000 - $293000)/20

= $7000/20

= $350

Which of the following perspectives from the balanced scorecard approach helps managers answer the question, "How do we look to shareholders?

a. Learning and growth perspective
b. Internal business perspective
c. Customer perspective
d. Financial perspective

Answers

Answer:

d. Financial perspective

Explanation:

-Learning and growth perspective  focuses on the measures that the company can take to improve its performance.

-Internal business perspective  indicates if the internal performance is allowing to meet the customers' needs.

-Customer perspective  shows if the company is focused on the customers and on delivering value to them.

-Financial perspective indicates if the company's strategy is providing benefits and value to the shareholders.

According to this, the answer is that the perspective from the balanced scorecard approach that helps managers answer the question, "How do we look to shareholders?" is the financial perspective because it indicates the shareholders if the company is getting the economic results that are expected.

What is the yield to maturity on a bond that pays annual coupon rate of 14%, has a par value of $1,000, matures in 10 years, and is selling for $911?

Answers

Answer:

Yield to Maturity =15.6%

Explanation:

The Yield to maturity is the discount rate that equates then price of the bonds to the present of cash inflows expected from the bond

The yield on the bond can be determined as follows using the formula below:  

YM = C + F-P/n) ÷ 1/2 (F+P)  

YM-Yield to maturity-  

C- annual coupon  

F- Face Value  

P- Current Price  

n- number of years

DATA  

Coupon = coupon rate × Nominal value = 1,000 × 14%=140

Face Value = 1000

YM-?, C- 140, Face Value - 1,000, P-911 , n- 10

YM = (140 + (1000-911)/10) ÷ ( 1/2× (1000 + 911) )  

YM = 0.156 × 100 = 15.6%

Yield to Maturity =15.6%

Which of the following statements is CORRECT? a. Commercial paper can be issued by virtually any firm so long as it is willing to pay the going interest rate. b. Short-term debt is favored by firms because, while it is generally more expensive than long-term debt, it exposes the borrowing firm to less risk than long-term debt. c. Commercial paper is a form of short-term financing that is primarily used by large, strong, financially stable companies. d. Trade credit is provided only to relatively large, strong firms. e. Commercial paper is typically offered at a long-term maturity of at least five years.

Answers

Answer: Commercial paper is a form of short-term financing that is primarily used by large, strong, financially stable companies.

Explanation:

Commercial papers a promissory notes which are issued by companies on a short term basis that are unsecured. It should be noted that that they are used by the strong, large, and financially stable companies.

Commercial paper are issued in order to finance payroll, and also meet a company's short-term liabilities.

"One of the ten IG principles is a Continuous improvement. What is the importance of this principle to the organization program"

Answers

Answer:

the importance is to provide periodic program review and necessary adjustments against gaps and it short comings

Explanation:

Information governance is a full way of managing information in a corporation by the implementation of a series of processes, controls and roles. It can be simply said to be a process of managing information assets as this will cause a balance between security and usage.

continuous improvement is one of its 10 principles. And it simply means that programs in information governance have to go through continuous reviews and updates as doing such will help to reduce shortcomings.

Alternate Outputs from One Day's Labor Input: USA: 12 bushels of wheat or 3 yards of textiles. India: 3 bushels of wheat or 12 yards of textiles. From the data, the USA:________.

a) has an absolute advantage over India in the production of wheat.

b) should export textiles to India.

c) has an absolute advantage over India in the production of textiles.

d) has a comparative advantage in the production of textiles.

Answers

Answer: a) has an absolute advantage over India in the production of wheat.

Explanation:

When a country is said to have an Absolute advantage in the production of a commodity, it means that they can produce more of that commodity than the country being compared to given the same amount of resources, all else being equal.

Given one day's labor input, the US can produce 12 bushels of wheat while India can only manage 3 bushels. The United States therefore has an Absolute advantage in the production of Wheat than India.

Other Questions
A golfer misjudges a putt and leaves her ball way short, the ball going only half of the way to the hole. If the speed of the ball leaving the putter in the first case was vo and the force of resistance due to the grass remains the same, what speed should she have given to the ball to make the original putt? Victor fue al mercado para comprar manzanas, naranjas y platanos; las naranjas costaron el doble de lo 1ue pago por las manzanas y los platanos costaron 8 pesos menos que pas manzanas, en total gasto 100 pesos. Determina el precio de las manzanas, naranjas y platanos How does the media is supposed to exercise its roles and responsibilities in reporting on human rights violation in decomcracy 30 times the square of a nonzero number is equal to eight times the number what is the number Simplify -12w + 7w - 3 - 6 Solve (s)(-3st)(-1/3) If $4000 is borrowed at a rate of 4.75% interest per year, compounded quarterly, find the amount due at the end of the given number of years. (Round your answers to the nearest cent.) What do California homeowners receive to protect equity when a court forces the sale of a house to pay for a judgment 19. For the following unbalanced equation: S (s) O2 (g) H2O (l) ----> H2SO4 (aq) At what temperature (K) does O2 have to be if the volume of the gas is 5.01 L with a pressure of 0.860 atm to produce 17.55 grams of H2SO4 Two trains are moving towards each other on the same railroad track. From this track there's an offshoot piece of railroad the length of which is shorter than the length of the train but longer than the length of one train car. How can the trains pass each other? what is photography 3.24 (4 being repeated) to a fraction Peter Parker is evaluating two different methods for manufacturing spiderwebs. The first option is manufacturing them in his home lab. This will entail purchasing an industrial-grade chemical reactor that costs $450,000. He will have to hire a lab assistant who will initially receive a salary of $60,000 a year, but that salary must be adjusted for inflation every year at an inflation rate of 2.5%. After ten years, the chemical reactor can be sold for $30,000. This lab setup can produce 10,000 cubic meters of spiderwebs per year.The second option is outsourcing all the manufacturing process to a biotech company recently set up by Bruce Banner. In this case, the price of the spiderwebs will be $14 per cubic meter over the next ten years. Since Peter Parker is a broke student, all of this project is being financed by a superhero fund set up by his late friend and mentor Tony Stark. This fund returns 11% annually. Since this is not a commercial endeavor, there are no taxes nor depreciation to consider. Given these data, calculate the unit price of manufacturing spiderwebs in the lab and decide which of the two options makes the most economic sense. Justify your answers with calculations. Find the area of a sector with a central angle of 120 and a diameter of 7.3 cm. Round to the nearest tenth. literacy is prerequisite of development. justify this statement with examples 1. What does it mean to be an American? 22/55 of a number is what percentage of that number Explain the Monarchy before the revolution. A firm has a debt-to-equity ratio of .5 and a market-to-book ratio of 2. What is the ratio of the book value of debt to the market value of equity Marco is conducting an experiment. He knows the wave that he is working with has a wavelength of 32.4 cm. If he measures the frequency as 3 hertz, which statement about the wave is accurate?