What is the opportunity cost of computer chip production (in terms of bags of potato chips/computer chip)

Answers

Answer 1

Answer:

The opportunity cost of computer chip production is 2.

Definition of opportunity cost.

Opportunity cost of the next best option that is forgone when one option is chosen over other options. Opportunity cost is also known as implicit cost.

Calculation of opportunity cost

In order to determine the opportunity cost divide the number of potato chips by the number of computer chips that can be made.

Opportunity cost = number of potato chips / number of computer chips

50 / 25 = 2

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What is the relationship between triple bottom line and social responsibility

Answers

Triple bottom line is a framework for reporting material benefit, and this reporting has to be done transparently because of the corporate social responsibilities. This transparent reporting is a part of the triple bottom line.

Catherine purchases a pair of gloves from a department store. Catherine only has them for two months when they begin to come apart at the seams. Catherine could have avoided this situation if she had had more knowledge of _____.Select the best answer from the choices provided.

the store's reputation

the quality of the item

consumer protection laws

the terms of the transaction

Answers

The right answer for the question that is being asked and shown above is that: "the terms of the transaction." Catherine purchases a pair of gloves from a department store. Catherine only has them for two months when they begin to come apart at the seams. Catherine could have avoided this situation if she had had more knowledge of the terms of the transaction

Hull Identification Numbers (HINs) are used to properly identify a vessel and are marked on which of the following locations? A, Starboard side of the Bow A, Starboard side of the Bow Starboard side of the Bow B, Port side of the Bow B, Port side of the Bow Port side of the Bow C, Port side of the Stern C, Port side of the Stern Port side of the Stern D, Starboard side of the Stern D, Starboard side of the Stern Starboard side of the Stern

Answers

Answer:

The correct answer is D. Starboard side of the Stern.

Explanation:

Port and starboard are, respectively, the left and right sides of a vessel, facing forward (the front of the ship), regardless of the direction of travel.

The reason why these special names are given on each side of a boat is to avoid the confusion that can occur with the words "right" and "left", as these can mean either side of the boat depending on the point of the crewman's view.

Answer:

the answer is D

Explanation:

i dont wont to explain but yeah

Joan grows pumpkins. If Joan plants no seeds on her farm, she gets no harvest. If she plants 1 bag of seeds, she gets 500 pumpkins. If she plants 2 bags, she gets 800 pumpkins. If she plants 3 bags, she gets 900 pumpkins. A bag of seeds costs $100, and seeds are her only cost. Joan's production function exhibitsA. Increasing marginal product. B. Decreasing marginal product. C. Constant marginal product. D. Any of the above could be correct.

Answers

Answer: Option (B) is correct.

Explanation:

Correct option: Decreasing marginal product.

Marginal product is the change in the level of output, when there will be an extra input employed in the production of a certain commodity.

So, Marginal Product = $(change\ in\ Q)/(Change\ in\ I)$

Where,

Q = Output

I = Input

Marginal product of 1st bag = 500

Marginal product of 2nd bag = $(800-500)/(2-1)$ = 300

Marginal product of 3rd bag = $(900-800)/(3-2)$ = 100

∴ From the above calculations, we can seen that as we employed one more bag of seeds as a result marginal product goes on diminishing.

Hence, Joan's production function exhibits decreasing marginal product.

What Are the Most Common Currency Bills in the US?

Answers

You mostly see the $1 around the most and the 5s and 10s . Less common are 2s 100s

Retirement Investment Advisors, Inc., has just offered you an annual interest rate of 4.6 percent until you retire in 35 years. You believe that interest rates will increase over the next year and you would be offered 5.2 percent per year one year from today. If you plan to deposit $14,000 into the account either this year or next year, how much more will you have when you retire if you wait one year to make your deposit?