subject
Business, 04.10.2019 23:10 mprjug6

Ellie and brendan both produce apple pies and vanilla ice cream. if ellie’s opportunity cost of one apple pie is 1/2 gallon of ice cream and brendan’s opportunity cost of one apple pie is 1/4 gallon of ice cream, a mutually advantageous trade can be struck at a price of one apple pie for 1/3 gallon of ice cream. a. true b. false

ansver
Answers: 3

Another question on Business

question
Business, 22.06.2019 05:40
Grant, inc., acquired 30% of south co.’s voting stock for $200,000 on january 2, year 1, and did not elect the fair value option. the price equaled the carrying amount and the fair value of the interest purchased in south’s net assets. grant’s 30% interest in south gave grant the ability to exercise significant influence over south’s operating and financial policies. during year 1, south earned $80,000 and paid dividends of $50,000. south reported earnings of $100,000 for the 6 months ended june 30, year 2, and $200,000 for the year ended december 31, year 2. on july 1, year 2, grant sold half of its stock in south for $150,000 cash. south paid dividends of $60,000 on october 1, year 2. before income taxes, what amount should grant include in its year 1 income statement as a result of the investment?
Answers: 1
question
Business, 23.06.2019 07:30
Anew manufacturing technology makes it easier to make the product and causes a shift in the supply curve. what is the new equilibrium point after implementing the new technology? (hint: determine which direction a easier production shifts the supply curve and use that direction to pick the resulting equilibrium point.) $6 and 20,000 $4 and 30,000 $6 and 30,000 $4 and 20,000
Answers: 3
question
Business, 23.06.2019 13:00
Regarding the flow of costs through the inventory accounts, which of the following statements is incorrect? a. the costs flow from raw materials inventory to work-in-process inventory to finished goods inventory. b. the format for computing the amount used, manufactured, or sold is the same for all three inventory accounts. c. the final amount at each stage is added at the beginning of the next stage. d. purchases of raw material and freight in are debited to the work-in-process inventory account.
Answers: 1
question
Business, 23.06.2019 16:00
Ais what customers expect they will get by purchasing a product. a. brand promise b. a tagline c. warranty d. service mindset select the best answer from the choices provided a b c d
Answers: 2
You know the right answer?
Ellie and brendan both produce apple pies and vanilla ice cream. if ellie’s opportunity cost of one...
Questions
question
History, 30.06.2019 06:00
question
Biology, 30.06.2019 06:00
question
Chemistry, 30.06.2019 06:00
Questions on the website: 13722361