Business, 31.03.2021 01:00 smithsa10630
Producing one yard of cloth requires 3 worker and 1 capital, while producing one pound of food requires 1 worker and 2 capital. Both countries have 720 workers; the United States has 480 capital, while ROW has 720. The price of food is always $24/pound; the price of cloth is $22/yard in the United States in autarky and $32/yard in both countries under free trade. The labor constraint is
a. QC + 2QF = 720
b. QC + 3QF = 720
c. 2QC + QF = 720
d. 3QC + QF = 720
e. none of the above
Answers: 3
Business, 21.06.2019 17:10
Titus manufacturing, inc. provided the following information for the year: purchases - direct materials $91,000 plant utilities and insurance 68,000 indirect materials 11,170 indirect labor 4270 direct materials used in production 99,000 direct labor 117,500 depreciation on factory plant & equipment 4000the inventory account balances as of january 1 are given below. direct materials $44,000 work-in-progress inventory 10,000 finished goods inventory 50,000what is the ending balance in the direct materials account? $135,000 $36,000 $110,170 $6000
Answers: 3
Business, 21.06.2019 21:40
Morgana company identifies three activities in its manufacturing process: machine setups, machining, and inspections. estimated annual overhead cost for each activity is $168,000, $315,900, an $97,200, respectively. the cost driver for each activity and the expected annual usage are number of setups 2,100, machine hours 24,300, and number of inspections 1,800. compute the overhead rate for each activity. machine setups $ per setup machining $ per machine hour inspections $ per inspection
Answers: 1
Business, 22.06.2019 12:50
Explain whether each of the following events increases or decreases the money supply. a. the fed buys bonds in open-market operations. b. the fed reduces the reserve requirement. c. the fed increases the interest rate it pays on reserves. d. citibank repays a loan it had previously taken from the fed. e. after a rash of pickpocketing, people decide to hold less currency. f. fearful of bank runs, bankers decide to hold more excess reserves. g. the fomc increases its target for the federal funds rate.
Answers: 3
Business, 22.06.2019 16:00
In macroeconomics, to study the aggregate means to study blank
Answers: 1
Producing one yard of cloth requires 3 worker and 1 capital, while producing one pound of food requi...
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