Business, 13.01.2020 03:31 amayaroberson3476

Calvin and hobbes run a company that sells wallet chains and wallet decals. calvin is faster at making decals than chains, and hobbes is faster at making chains than decals. which statements accurately describe the situation?

a. company output will be maximized if calvin makes all the decals and hobbes makes all the chains. b. calvin has a comparative advantage for making decals. c. hobbes has a higher opportunity cost for making decals than calvin.
d. company output will be maximized if calvin and hobbes both divide their time equally between making decals and making chains

Answers: 2

Show answers

Other questions on the subject: Business

Business, 21.06.2019 19:30, jachecj3269

The framers of the us constitution created a system of government that established branches of government set forth the powers of such a branches and placed limits on those powers what are the benefits of such a system? are there any problems associated with such a system?

Answers: 3

continue

Business, 22.06.2019 02:20, Shaynnn6292

The following information is available for juno company for the month ending june 30, 2019. * balance as per the bank statement is $ 11 comma 000. * balance as per books is $ 10 comma 400. * check #506 for $ 1 comma 200 and check #510 for $ 900 were not shown on the june 30, bank statement. * a deposit in transit of $ 3 comma 346 had not been received by the bank when the bank statement was generated. * a bank debit memo indicated an nsf check for $ 70 written by jane smith to juno company on june 13. * a bank credit memo indicated a note collected by the bank of $ 1 comma 900 and interest revenue of $ 51 on june 20. * the bank statement indicated service charges of $ 35. what is the adjusted book balance?

Answers: 3

continue

Business, 22.06.2019 09:30, Yvette538

The 39 percent and 38 percent tax rates both represent what is called a tax "bubble." suppose the government wanted to lower the upper threshold of the 39 percent marginal tax bracket from $335,000 to $208,000. what would the new 39 percent bubble rate have to be? (do not round intermediate calculations. enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)

Answers: 3

continue

Business, 22.06.2019 20:00, jaylennkatrina929

Which of the following is a competitive benefit experienced by the first mover firm in an industry? a. the first mover will be able to achieve a less steep learning curve. b. the first mover will be able to reduce the switching costs. c. the first mover will not have to patent its products or technology. d. the first mover will be able to reduce costs through economies of scale.

Answers: 3

continue

You know the right answer?

Calvin and hobbes run a company that sells wallet chains and wallet decals. calvin is faster at maki...