subject
Business, 11.04.2020 00:13 joanasprinkman2262

Suppose that Costa Rican worker Carlos can produce either 140 pounds of coffee or 1 computer per week, and a second worker, Maria, can produce either 300 pounds of coffee or 1 computer per week. Both Carlos and Maria work 50 weeks per year. A third worker, Pedro, joins the Costa Rican economy. Pedro can produce either 200 pounds of coffee or 1 computer per week. Like the other two workers, Pedro works 50 weeks per year. Instructions: Enter all values as absolute numbers. a. Carlos' opportunity cost of producing a computer is pounds of coffee, Maria's opportunity cost of producing a computer is pounds of coffee, and Pedro's opportunity cost of producing a computer is pounds of coffee. If all three workers completely specialize in the production of one good, then together they can produce either computers or pounds of coffee per year. If the workers instead specialize according to their respective comparative advantage, and with one worker producing computers while the other two produces coffee, together they can produce computers and pounds of coffee per year. If two workers produce computers while only one produces coffee, together they can produce computers and pounds of coffee per year. b. Assume that world prices are such that 1 computer trades for 250 pounds of coffee on international markets and that Costa Rica is open to trade. If computers can either be produced domestically or imported from abroad in exchanged for Costa Rican coffee, then the maximum number computers that the three workers can consume is . To obtain this number of computers, Carlos will produce (Click to select) computers neither coffee or computers coffee both coffee and computers , Maria will produce (Click to select) neither coffee or computers both coffee and computers coffee computers , and Pedro will produce (Click to select) coffee both coffee and computers computers neither coffee or computers .If coffee can either be produced domestically or imported from abroad in exchanged for Costa Rican computers, then the maximum amount of coffee that the three workers can consume is pounds. To obtain this amount of coffee, Carlos will produce (Click to select) coffee both coffee and computers neither coffee or computers computers , Maria will produce (Click to select) coffee both coffee and computers computers neither coffee or computers , and Pedro will produce (Click to select) both coffee and computers coffee computers neither coffee or computers .c. Assume instead that world prices are such that 1 computer trades for 350 pounds of coffee on international markets and Costa Rica is open to trade. If computers can either be produced domestically or imported from abroad in exchanged for Costa Rican coffee, then the maximum number computers that Carlos, Maria and Pedro can consume is . To obtain this number of computers, Carlos will produce (Click to select) coffee computers neither coffee or computers both coffee and computers , Maria will produce (Click to select) neither coffee or computers both coffee and computers computers coffee , and Pedro will produce (Click to select) both coffee and computers computers coffee neither coffee or computers .If coffee can either be produced domestically or imported from abroad in exchanged for Costa Rican computers, then the maximum amount of coffee that Carlos, Maria and Pedro can consume is pounds. To obtain this amount of coffee, Carlos will produce (Click to select) coffee computers neither coffee or computers both coffee and computers , Maria will produce (Click to select) neither coffee or computers coffee both coffee and computers computers , and Pedro will produce (Click to select) neither coffee or computers coffee both coffee and computers computers .

ansver
Answers: 3

Another question on Business

question
Business, 21.06.2019 23:00
Employees of dti, inc. worked 1,600 direct labor hours in january and 1,000 direct labor hours in february. dti expects to use 18,000 direct labor hours during the year, and expects to incur $22,500 of worker’s compensation insurance cost for the year. the cash payment for this cost will be paid in april. how much insurance premium should be allocated to products made in january and february?
Answers: 1
question
Business, 22.06.2019 03:00
Put each of them in order. you are a young entrepreneur with a startup business. you now seek credit from the bank to expand it. what are the steps you will have to take? 1. you support your loan application with relevant documents. 2. you fill out the loan application form at the bank 3. you get an approval for the loan and the money is disbursed to your business account 4. you use the credit to further your business plan. 5. you have an interview with the loan officer and you explain your business plan.
Answers: 1
question
Business, 22.06.2019 04:50
Allie and sarah decided that they want to purchase renters insurance for the apartment they share. they made a list of all of the items to be covered by the insurance policy, along with their estimated values. if the items to be covered total more than $3000, the insurance company charges an annual premium of 23% of the total value of the items. if the items to be covered total $3000 or less, the insurance company charges an annual premium of 20% of the total value of the items.
Answers: 1
question
Business, 22.06.2019 17:40
Croy inc. has the following projected sales for the next five months: month sales in units april 3,850 may 3,875 june 4,260 july 4,135 august 3,590 croy’s finished goods inventory policy is to have 60 percent of the next month’s sales on hand at the end of each month. direct material costs $2.50 per pound, and each unit requires 2 pounds. raw materials inventory policy is to have 50 percent of the next month’s production needs on hand at the end of each month. raw materials on hand at march 31 totaled 3,741 pounds. 1. determine budgeted production for april, may, and june. 2. determine the budgeted cost of materials purchased for april, may, and june. (round your answers to 2 decimal places.)
Answers: 3
You know the right answer?
Suppose that Costa Rican worker Carlos can produce either 140 pounds of coffee or 1 computer per wee...
Questions
question
Mathematics, 01.02.2021 08:50
question
Mathematics, 01.02.2021 08:50
question
Chemistry, 01.02.2021 08:50
question
Business, 01.02.2021 08:50
question
English, 01.02.2021 08:50
Questions on the website: 13722367