subject
Business, 03.01.2020 07:31 zoeedadoll

Table 2.1
krystal mark
writing poems 8 12
writing tv commercials 2 4

refer to the information provided in table 2.1 below to answer the following questions.
1) refer to table 2.1. for krystal, the opportunity cost of writing one tv commercial is
a) 1/4 of a poem.
b) 2 poems
c) 4 poems
d) 6 poems

2) refer to table 2.1. to maximize total production,
a) krystal and mark should both split their time between writing poems and writing tv commercials.
b) krystal should write poems and write tv commercials, but mark should only write poems.
c) mark should specialize in writing tv commercials, and krystal should specialize in writing poems.
d) krystal should specialize in writing tv commercials, and mark should specialize in writing poems
3) for krystal, the opportunity cost of writing four tv commercials is poems.
a) 2
b) 8
c) 16
d) 32

ansver
Answers: 1

Another question on Business

question
Business, 22.06.2019 17:00
Zeta corporation is a manufacturer of sports caps, which require soft fabric. the standards for each cap allow 2.00 yards of soft fabric, at a cost of $2.00 per yard. during the month of january, the company purchased 25,000 yards of soft fabric at $2.10 per yard, to produce 12,000 caps. what is zeta corporation's materials price variance for the month of january?
Answers: 2
question
Business, 22.06.2019 20:30
You are in the market for a new refrigerator for your company’s lounge, and you have narrowed the search down to two models. the energy efficient model sells for $700 and will save you $45 at the end of each of the next five years in electricity costs. the standard model has features similar to the energy efficient model but provides no future saving in electricity costs. it is priced at only $500. assuming your opportunity cost of funds is 6 percent, which refrigerator should you purchase
Answers: 3
question
Business, 22.06.2019 22:40
When immigration adds to the size of the domestic labor pool, which of the following is likely to occur? a. wages decrease. b. productivity increases. c. consumption decreases. d. minimum wage increases.
Answers: 1
question
Business, 23.06.2019 01:30
Brian has just finished college. he wants to set up a small business to make and sell fireworks. he registers his company and acquires a license from the government. he finds that most of his competitors are selling fireworks at an extremely low price. he would like to make more money, so he decides to innovate and develop better fireworks. he sells his fireworks at a higher price, and they are a huge hit with the customers. after a few years, he earns enough profit to set up a bigger fireworks factory that complies with the government’s health and safety regulations. he even starts exporting fireworks overseas. which type of economy does this scenario describe?
Answers: 3
You know the right answer?
Table 2.1
krystal mark
writing poems 8 12
writing tv commercials 2 4

...
Questions
Questions on the website: 13722363