Finding Comparative Advantage. In one minute, Country B can produce either 500 TVs and no computers or 250computers and no TVs. Similarly, in one minute, Country C can produce either 2,400 TVs or 600 computers. Thisinformation is summarized by the following table.Calculate the opportunity cost of production for each country.Country BOutput and Opportunity CostOpportunity Costof TVsComputersComputersQuantity producedper minute500 TVs250 Computers2,400 TVSOpportunity Costof ComputersTVsCountry CBased on the comparative opportunity cost data in your table, the comparative advantage in TVs lies with Countrywhile the comparative advantage in computers is held by Country600 ComputersTVS

Solution:According to the given information, calculate the opportunity cost of production for each…

Answered: Finding Comparative Advantage. In one…

Advanced Engineering Mathematics

10th Edition

ISBN:9780470458365

Author:Erwin Kreyszig

Publisher:Erwin Kreyszig

Chapter2: Second-order Linear Odes

Section: Chapter Questions

Problem 1RQ

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Make-or-Buy Decision Somerset Computer Company has been purchasing carrying cases for its portable computers at a purchase price of $62 per unit. The company, which is currently operating below full capacity, charges factory overhead to production at the rate of 43% of direct labor cost. The unit costs to produce comparable carrying cases are expected to be as follows: Direct materials $24 Direct labor 16 Factory overhead (43% of direct labor) 6.88 Total cost per unit $46.88 If Somerset Computer Company manufactures the carrying cases, fixed factory overhead costs will not increase and variable factory overhead costs associated with the cases are expected to be 14% of the direct labor costs. a. Prepare a differential analysis dated April 30 to determine whether the company should make (Alternative 1) or buy (Alternative 2) the carrying case. If required, round your answers to two decimal places. If an amount is zero, enter "0".
Groovy Juice Mixers produces juices, Tropical breeze and Guava Jive. These Juices are both made by blending three ingredients, Grape, guava and Papaya. A certain level of flexibility is permitted in the formulae for these products. The allowable percentages, along with revenue and cost data, aregiven in the following table. Up to 60 gallons of Grape, 80 gallons of Guava and 60 gallons of papaya could be purchased. Groovy can sell as much of these juices as it produces. Juices Ingredient Grape Ingredient Guava Ingredient Papaya Sales price per gallon Tropical Breeze At most 25% At least 20% At Most 25% At Least 20% 8 Guava Jive At most 50% At least 40% At most 5% 7 Cost per Gallon 1.5 2.5 1.5 Formulate an LP whose objective is to maximize the net profit from the sale of the juices.
8. The table shows the cost per 100 kilowatt-hours (kWh) of electricity at four companies. Cost of Electricity Energy Cost (per 100 kWh) Energy Company Southern California Edison $146.76 Los Angeles Water and $104.69 Power San Diego Gas and Electric $153.17 Sacramento $104.92 Municipal Utilities In how many of the companies is the cost of electricity greater than the cost at Los Angeles Water and Power? А. 0 companies В. 1 company С. 2 companies D. 3 companies
The budget for a project on voting trends includes $2800 for hiring undergraduate students, graduate students, and faculty members to conduct interviews on the day before an election. Each undergraduate student will conduct 25 interviews for $100. Each graduate student will conduct 29 interviews for $150. Each faculty member will conduct 32 interviews for $200. No more than 15 interviewers can be hired. How many of each type of interviewer should be hired in order to maximize the number of interviews? What is the maximum number of interviews? undergraduate students, graduate students, and faculty members should be hired to maximize the number of interviews. The maximum number of interviews is (Type a whole number.)
Scientist give two different treatment to people who have the flu and determine if their health improves. The results for the test are in the two way table. A. What percentage of people receiving treatment 1 had improved health. B. What percentage of people receiving treatment to had improved health.
G.140.
The budget for a project on voting trends includes $3000 for hiring undergraduate students, graduate students, and faculty members to conduct interviews on the day before an election. Each undergraduate student will conduct 16 interviews for $100. Each graduate student will conduct 21 interviews for $150. Each faculty member will conduct 25 interviews for $200. No more than 17 interviewers can be hired. How many of each type of interviewer should be hired in order to maximize the number of interviews? What is the maximum number of interviews? undergraduate students, graduate students, and faculty members should be hired to maximize the number of interviews. The maximum number of interviews is (Type a whole number.) C
Otitis media, or middle ear infection, is initially treated with an antibiotic. Researchers have compared two antibiotics, A and B, for their cost effectiveness. A is inexpensive, safe, and effective. B is also safe. However, it is considerably more expensive and it is generally more effective. Use the tree diagram to the right (where the costs are estimated as the total cost of medication, office visit, ear check, and hours of lost work) to answer the following. a. Find the expected cost of using each antibiotic to treat a middle ear infection. b. To minimize the total expected cost, which antibiotic should be chosen? a. The expected cost of using antibiotic A is S (Round to the nearest cent as needed.) D w an example Get more help ww O Search e ( *** O 19 'C Clear all 0.70 Cure $59.30 A 0.30 No cure $96.15 0.85, Care $69.15 B 0.15 No cure $106.00 Check answer 2:17 PM 12/15/2022
Create a decision three that would help the best decision for the company.
The budget for a project on voting trends includes $4200 for hiring undergraduate students, graduate students, and faculty members to conduct interviews on the day before an election. Each undergraduate student will conduct 18 interviews for $100. Each graduate student will conduct 24 interviews for $150. Each faculty member will conduct 29 interviews for $200. No more than 22 interviewers can be hired. How many of each type of interviewer should be hired in order to maximize the number of interviews? What is the maximum number of interviews? undergraduate students, graduate students, and faculty members should be hired to maximize the number of interviews.
what's the answer?
Answer letter a,b,c,d, and e on the second picture pls.

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