Suppose that companies in the United States can produce a car with 200 labor hours and a ton of rice with 20 labor hours. In China it takes 250 labor hours to make a car and 50 labor hours to grow a ton of ricewhat is the opportunity cost of producing rice in each country stated in terms of rice. 1. What is the opportunity cost of producing rice in each count, stated in terms of cars?2. What is the opportunity cost of cars, stated in terms of rice?3. Which country has a comparative advantage in cars?4. Which in rice?

Reqwest llc agrees to sell one hundred servers to social media networks, inc. the servers, which social media networks expressly requires to have certain amounts of memory, are to be shipped “f.o.b. social media networks distribution center in tampa, fl.” when the servers arrive, social media networks rejects them and informs reqwest, claiming that the servers do not conform to social media networks’ memory requirement. a few hours later, the servers are destroyed in a fire at social media networks’ distribution center. will reqwest succeed in a suit against social media networks for the cost of the goods?

Acompany factory is considered which type of resource a.land b.physical capital c.labor d.human capital

Rebel technology maintains its records using cash-basis accounting. during the year, the company received cash from customers, $43,000, and paid cash for salaries, $23,500. at the beginning of the year, customers owe rebel $1,000. by the end of the year, customers owe $6,600. at the beginning of the year, rebel owes salaries of $5,600. at the end of the year, rebel owes salaries of $3,300. determine cash-basis net income and accrual-basis net income for the year.