Comparative Advantage is calculated by finding what we
give up versus what we gain.
Suppose the U. S. can produce
100 airplanes or 50 ships. What
is the overall "opportunity cost"
of producing airplanes instead of
ships?
A. Not making 50 ships.
B. Making 150 planes.
C. Only 50 airplanes could be made.

Palmer frosted flakes company offers its customers a pottery cereal bowl if they send in 3 boxtops from palmer frosted flakes boxes and $1. the company estimates that 60% of the boxtops will be redeemed. in 2012, the company sold 675,000 boxes of frosted flakes and customers redeemed 330,000 boxtops receiving 110,000 bowls. if the bowls cost palmer company $3 each, how much liability for outstanding premiums should be recorded at the end of 2012?

Lauer corporation uses the periodic inventory system and has provided the following information about one of its laptop computers: date transaction number of units cost per unit 1/1 beginning inventory 210 $ 910 5/5 purchase 310 $ 1,010 8/10 purchase 410 $ 1,110 10/15 purchase 255 $ 1,160 during the year, lauer sold 1,025 laptop computers. what was cost of goods sold using the lifo cost flow assumption?

Globalman tech purchased raw material from newbiztr co. when the sales team at newbiztr co checked the system, there was no payment detail in the system, though the order-delivery details were present. also, it seemed that someone had tampered with the details of the previous order. which important data-management features were compromised? the of data was compromised because there were corresponding payment details. the of data was compromised as someone had tampered with the details of the previous order.