"Insurance is a waste of money. If and when you suffer a financial loss because of an

accident or some other event, you can pay for it from your savings account."

Do you agree or disagree with this statement?

Explain your position.

Answers

Answer 1

Answer:

disagree

Explanation:

As a personal opinion I strongly disagree with this statement. This is because for the majority of the people on Earth that live day to day with their finances, an accident can completely wreck them financially. A simple car, house, or health accident can cost thousands of dollars in loss or even hundreds of thousands. Most people would not have 10% of that in a savings account. Therefore, Insurance can be extremely helpful and in most cases cover the entirety of the accident which can (in a way) give you a second chance.


Related Questions

from order Technology plays a major role in how warehouses are managed these days processing right through to inventory keeping and shipping. Do some research on what systems are available and specifically the financial benefits it holds for the user and owner. Write a short essay of no longer than 250 words. ​

Answers

The purpose of a WMS is to help provide that goods and materials move through warehouses in the most efficient and cost-effective way. A WMS handles many processes that enable these movements, including inventory tracking, picking, receiving and putaway

How does information technology help with warehousing?

The real-time information provides accurate, current information to managers, warehouse workers, and operations personnel – all at the identical time – for better decision-making. Besides real-time information, WMS releases the guesswork of where the event is found.

What's the most significant thing in warehouse management?Goods tracking.Selection and packing.Receiving and stowingShipping.ReportingEnable logistical growth.Parcels are processed and shipped faster.

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Using the tables above, if an investment is made now for $17,550 that will generate a cash inflow of $5,850 a year for the next four years, what would be the net present value (rounded to the nearest dollar) of the investment, assuming an earnings rate of 10%

Answers

Answer:

$993.71

Explanation:

Net present value is the present value of after tax cash flows from an investment less the amount invested.  

NPV can be calculated using a financial calculator  

Cash flow in year 0 = $-17,550

Cash flow each year from year 1 to 4 = $5,850

I = 10%

NPV = $993.71

To find the NPV using a financial calculator:

1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.

2. after inputting all the cash flows, press the NPV button, input the value for I, press enter and the arrow facing a downward direction.  

3. Press compute  

You discover that your supervisor/team leader stole a password and she has been secretly logging into the computer of another team leader to get information about their team’s funding sources. She is aware that you caught her and tells you that this information has helped your team stay competitive and get ahead. She prefers that you keep her secret. How would you handle this situation?

Answers

Answer:

I would probably tell him/her that I wouldn't really keep it a secret if she keeps doing the same things over and OVER again the first time I would keep it a secret though if she does it again I'll have to tell someone right away.

Explanation:

fill in the blank. gadgetbug inc. is known for its extremely efficient after-purchase service. none of gadgetbug's competitors provide the same kind of customer service. gadgetbug's___is described in the scenario.

Answers

Gadgetbug Inc. is known for its highly efficient post-purchase service. Gadgetbug's competitors do not offer the same type of customer service. Gadgetbug's dynamic environment is described in scenarios.

Post-purchase services refer to post-purchase services provided by e-commerce brands to their customers. Customer support, on the other hand, is the assistance you provide to your customers.

Below are some of the post-sales services that e-commerce brands should look out for.

High order accuracyFast and timely deliveryReal-time order trackingDelivery dateGreat unpacking experience with individually wrappedHassle-free process for returns and exchanges

On the other hand, an e-commerce brand can either invest in strong technology, infrastructure and policies to achieve all of the above, or outsource e-commerce fulfillment to his technology-enabled 3PL provider like Eshopbox. increase. Your 3PL provider handles everything. 

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I need help!!! offering (25 points)

I need help!!! offering (25 points)

Answers

Legal capacity can be defined as the key principle that would help to ensure that the people that are entering this contract have the authority to enter it.

What is a contract?

This is the term that is sued to refer to the legal agreement that two people would have to enter as they agree to do business with themselves. This is an enforceable document and it is legal in the court of law. Especially in the case where a breach may occur by the [persons that have entered into the contract.

The legal capacity is the term that is used to refer to the fact that the people that are entering this contract understands what it entails and all that concerns it.

The legal capacity tells us that the parties in the contract are legally competent and they are able to understand the contract that they are to sign as they do so .

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HURRRYYYY PLEASE HELP ME ASAP!!!!
1, Select a company with an international presence that you are familiar with or that you learn about by searching the internet

2.Identify the laws, treaties, acts, and governing bodies (e.g. U.N., WTO, and IMF) that impact their business.

3.Explain the impact these laws, treaties, acts, and governing bodies have on their business.

4.Differentiate the impact of those various laws etc. on their business abroad from the impact of similar things on their business in the United States.

Please provide citation and reference to sources. Quoted language must be put inside quotation marks

Answers

The WTO has a major impact on Toyota in a similar manner.The WTO's primary responsibility is to negotiate trade regulations among its members. As a result, the WTO regulations have a big impact on the Toyota industry.

The company is permitted to import and export the medicine in accordance with WTO regulations. The WTO may have both beneficial and bad effects on enterprises.

Toyota was able to enhance product exports with the help of the WTO. As the WTO upholds the organization's viewpoint to comply with WTO regulations and rules, the company's sales rate has increased.

However, the WTO also has a detrimental effect on Toyota's operations. Due to the substantial influence of its quantity of exports, the World Trade Organisation has continually raised the tariff ceiling. Therefore, it is conceivable to assert that the WTO has an impact on the Toyota company both advantageously and badly.

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Scenario 1: Imagine that an economy produces two goods, hot dogs and baseballs. In the year 2000 the economy produces 20 hot dogs and 15 baseballs, and the prices of hot dogs and baseballs were $2 and $5, respectively. In the year 2001 the economy produces 25 hot dogs and 20 baseballs, and the prices of hot dogs and baseballs were $3 and $6, respectively. Based on the information in Scenario 1, nominal GDP in the year 2000 in this economy is: Group of answer choices

Answers

Answer:

$115

Explanation:

Gross domestic product is the total sum of final goods and services produced in an economy within a given period which is usually a year

GDP calculated using the expenditure approach = Consumption spending by households + Investment spending by businesses + Government spending + Net export

Nominal GDP is GDP calculated using current year prices

(20 x $2) + (15 x $5) = $115

what is pie times 1 billion of pie=

Answers

Answer:

14

Explanation:

Answer:

pie times 1 billion of pie= 9869604.40109

Explanation:

Task 1: Answer the following questions in your notebook
1. What do you know about drug use?
2. What are the signs and symptoms of drug abuse?
he first activity.

Answers

Answer:

1. drug use can be harmful and also damages they way you think or do things for example if you have to much you feel like your going to pass out and do wierd actions.

2. some signs are you feel really tired and your eyes may want to close or you have to much and you feel like your fainting and if your around people you tend to act really badly and say where things

1. Drug use is the use of drugs for psychotropic rather than medical purposes.

2. Some symptoms include changes in appearance, dilated/constricted pupils, changes in hygiene, etc.

as a systems engineer for a large retail corporation, you have filled out a change order form to replace the laptop computers that sales reps use on the road with business tablets that are much more durable, provide both touch and keyboard options, and are more portable and easier to use when working with clients. the request has been forwarded to the change board, which is reviewing the change order form with you. one of the board members asks if this change will impact plans to move more of the business online to reach customers directly. which of the following questions does the board member really want answered? What is the scope of the requested change?
How does this change fit with company's current strategic focus?
What are the desired outcomes?
What are the desired deliverables

Answers

How does this change align with the present strategic priorities of the company.

What are the desired outcomes?

Yes, this change is consistent with the company's present strategic focus. A new change can help a company perform better or more efficiently, or it can help it enter a new, more lucrative market or sector. A stalled business may be helped by modifications to the sales rep equipment to resume its previous growth rates. It makes communication between sales representatives simpler. They can change their agendas to accommodate them.

The desired outcomes are as follows:-

Ease of Information AccessIt saves timeMobility EaseImproved CommunicationCost EffectivenessImproved Learning Methods

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Mary's team is located in different countries. Because of the time zone differences, it is difficult for the team to meet all together so their meetings are conducted ________. a) when Mary can meet because she is the leader b) synchronously c) at the same time d) the end of the project is reached e) asynchronously

Answers

Answer:

e) asynchronously

Explanation:

Since in the question it is mentioned that the team of Mary would be located in different countries having different time zones so it would be difficult to meet all together so their meeting would be conducted asynchronously where the time does not match or it would not be happened in the same time

Hence the last option is correct

I generally bounce back from tough conversations well, but occasionally find it difficult to be resilient. Agree or disagree

Answers

People can be tough sometimes. I generally bounce back from tough conversations well, but occasionally find it difficult to be resilient. I disagree.

What is Emotional resilience?

This is known as the ability of a person to recover quickly from any kind of bad news or traumas as a result of  illness or misfortune.

If a person can bounce back from tough conversations, it means they are strong and despite any point or issue thrown at them, they can withstand and be tough in that situation.

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On October 1, 2021, Culver Corp. issued $936,000, 8%, 10-year bonds at face value. The bonds were dated October 1, 2021, and pay interest annually on October 1. Financial statements are prepared annually on December 31.
Show the balance sheet presentation of bonds payable and bond interest payable on December 31, 2021.

Answers

Answer:

Culver Corp.

Balance Sheet as of December 31, 2021 (Partial)

Current liabilities:

Bond Interest payable $18,720

Long-term liabilities:

8% Bonds Payable $936,000

Explanation:

a) Data and Calculations:

8% Bonds Payable = $936,000

Maturity period of bonds = 10 years

Annual interest payable = $74,880 ($936,000 * 8%)

Interest payable for 2021 = $18,720 ($74,880 * 3/12)

b) This shows that interest payable for 2021 is a current liability, which will be offset within a year, while the Bonds payable is a long-term liability with a maturity period of 10 years.

Assume that a gourmet food manufacturer has considered renting a booth at a local mall to sell gift boxes of candy, nuts, and cookies during the holiday season. The fixed costs to rent and operate the booth would be $27,900. The unit contribution margins and sales mix anticipated by the company are as follows: Unit Contribution Margin Sales Mix Candy $1.50 50% Nuts $2.00 30% Cookies $1.00 20% What would be the weighted average contribution margin

Answers

Do not go to the link its bad

Consider the market for bagels, which is currently at equilibrium, and where Pbagel and Qbagel denote the price and quantity of bagels in the market, respectively. If the change given in each problem is the only change that happened (all other things are held constant), what will be the effect on the equilibrium price and quantity of bagels? Please draw a graph to explain.
A) The price of cream cheese, complementary goods to bagels, increases.
B) The price of croissants, substitute goods to bagels, decrease
C) The economy experiences an overall decrease in income (Suppose that bagel is an inferior good).

Answers

Answer:

please refer to attachment for more explanation

Explanation:

a. a. Since both goods are complementary goods an increase in the price of cream cheese would cause equilibrium price and quantity of bagel to decrease.

b. If the price of the substitute good croissant decreases then the demand for bagel will fall since croissant is obviously cheaper therefore demand curve will shift downward and price and quantity will fall.

c. Lower income of the consumer would make the demand for the inferior good bagel to rise. Demand curve will shift upwards and price and quantity will rise.

Consider the market for bagels, which is currently at equilibrium, and where Pbagel and Qbagel denote
Consider the market for bagels, which is currently at equilibrium, and where Pbagel and Qbagel denote
Consider the market for bagels, which is currently at equilibrium, and where Pbagel and Qbagel denote

Lamden Company paid its employee Trudy, wages of $61,500 in 2021. Of this amount, $2,400 was allocated to sick pay for two weeks due to Trudy’s spouse contracting COVID-19 and Trudy being quarantined. Trudy spent another 10 weeks at home caring for their children that were unable to attend school. Lamden allocated $10,000 in wages to family leave. Lamden allocated $6,000 of Trudy’s wages to the employee retention credit (5 weeks). The allocation of health care costs is $200 per week. Assume that all sick leave and family leave were taken after April 1, 2021. Compute Lamden’s:

Round your answers to two decimal places.

Credit for sick pay

Answers

The credit for sick pay according to the information given above is: approximately $2,365.39

What is Credit for Sick Pay?

According to IRS standards, the COVID sick leave provision requires employers to pay sick leave earnings for up to two weeks (or 80 hours) at the highest of the following rates:

Regular rate of pay of the employee Minimum wages as defined by the Labor Standards Act of 1938 Minimum wage rate in force for the employee in the appropriate state

Subject to a daily maximum of $511 and a total of $5,110.

Given that the employer must pay $511 per day or $5,110 in total

We can use Trudy's wage to compute the Sick Pay.

Recall that Trudy's wages = $61,500

Number of weeks rudy sick = 2 weeks

Hence Sick pay = $61,500 / 52 x 2 weeks

= 2,365.3846

\(\approx\) $2,365.39

Hence, Rudy's Credit for Sick Pay is : $2,365.39

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What is President Obama’s purpose in the speech

Answers

Answer:

his ( speech was "Rescue, Rebuild, Restore – a New Foundation for Prosperity". Among the topics that Obama covered in his speech were proposals for job creation and federal deficit reduction.) What he said in his victory speech was (To our future as Americans: This is our time, to put our people back to work and open doors of opportunity for our kids; to restore prosperity and promote the cause of peace; to reclaim the American dream and reaffirm that fundamental truth, that, out of many, we are one; that while we breathe, we hope.)

Explanation:

All infrastructure is underground.
A. True
B. False

Answers

All infrastructure is underground. This is a false statement because infrastructure can not be underground.

What is Infrastructure?

Roads, communications, transportation hubs, businesses, bridges, dams, power, medical facilities, and educational institutions make up the infrastructure.

Infrastructure is referred to as the fundamental physical framework of an organization, region, or country. It frequently pertains to the creation of public goods or industrial activities. Transportation, communication, sewage, water, and educational infrastructure are a few examples.

The two primary categories of infrastructure investments are as follows: Social infrastructure consists of institutions including hospitals, affordable housing, and schools. Infrastructure for the economy, including power, sewage, water, airports, and highways.

Therefore, The statement is false.

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Sandra’s Purse Boutique has the following transactions related to its top-selling Gucci purse for the month of October. Sandra's Purse Boutique uses a periodic inventory system.


Date Transactions Units Unit Cost Total Cost
October 1 Beginning inventory 6 $ 790 $ 4,740
October 4 Sale 4
October 10 Purchase 5 800 4,000
October 13 Sale 3
October 20 Purchase 4 810 3,240
October 28 Sale 7
October 30 Purchase 8 820 6,560
$ 18,540
3. Using LIFO, calculate ending inventory and cost of goods sold at October 31

Answers

The cost of goods sold (COGS) was $17,260, and the ending inventory was $3,160 using the LIFO method.

The LIFO method (last-in, first-out) of inventory valuation requires that the most recent purchases of inventory be used first in the cost of products sold and ending inventory calculations. The ending inventory and cost of products sold at the end of October will be calculated using the LIFO method, based on the data given in the table.Based on the data given, the total units sold is 14, and the total units purchased is 17. Here's how to calculate the ending inventory and cost of products sold using the LIFO method:Step 1: The last purchase of 8 units at a cost of $820 each on October 30 is deducted from the inventory count, leaving 9 units.Step 2: The previous purchase of 4 units at a cost of $810 each on October 20 is deducted from the inventory count, leaving 5 units.Step 3: The next purchase of 5 units at a cost of $800 each on October 10 is deducted from the inventory count, leaving 0 units.Step 4: Based on the LIFO method, the cost of the ending inventory is the sum of the cost of the oldest units remaining in stock, which is 4 units at a cost of $790 each on October 1, totaling $3,160.Step 5: Based on the LIFO method, the cost of goods sold (COGS) is calculated by adding the total cost of units sold, which is 14 units at a cost of $820 each on October 30, 4 units at a cost of $810 each on October 20, and 5 units at a cost of $800 each on October 10, totaling $17,260.Therefore, the cost of goods sold (COGS) was $17,260, and the ending inventory was $3,160 using the LIFO method.

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A sports car traveled a distance of 312 miles in 6 hours. Traveling at the same speed, what distance would this sports car travel in 8 hours? (5 points)

a
234 miles
b
360 miles
c
416 miles
d
474 miles

Answers

A sports car traveled a distance of 312 miles in 6 hours. Traveling at the same speed, distance that this sports car would travel in 8 hours will be 416 miles

It is calculated as below:

Calculation of miles per hour= total distance/total hours taken

=312/6

= 52 miles per hour

Calculation of total distance= Distance travelled in one hour* No. of hours

= 52 x 8 = 416 miles

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What do you think will happen to the stock market? Will it go down and possibly lead to the worst market crash in history , or will it bounce back to a high? & why ?
Answer in a paragraph please (: you’ll receive a brainy

Answers

I believe the stock market will decrease, due to shortage of meats already. The prices of eggs and many meats has already went up in a large amount. Trying to find something you once found on the shelves can be hard due to the marketing shortage or the product may not be made anymore.

Develop a managerial report (1,000-1,250 words) summarizing your analysis of the OEI service capabilities. Make recommendations regarding the number of technicians to be used when OEI reaches 20 and then 30 customers, and justify your response. Include a discussion of the following issues in your report:

What is the arrival rate for each customer?
What is the service rate in terms of the number of customers per hour? (Remember that the average travel time of 1 hour is counted as service time because the time that the service technician is busy handling a service call includes the travel time in addition to the time required to complete the repair.)
Waiting line models generally assume that the arriving customers are in the same location as the service facility. Consider how OEI is different in this regard, given that a service technician travels an average of 1 hour to reach each customer. How should the travel time and the waiting time predicted by the waiting line model be combined to determine the total customer waiting time? Explain.
OEI is satisfied that one service technician can handle the 10 existing customers. Use a waiting line model to determine the following information: (a) probability that no customers are in the system, (b) average number of customers in the waiting line, (c) average number of customers in the system, (d) average time a customer waits until the service technician arrives, (e) average time a customer waits until the machine is back in operation, (f) probability that a customer will have to wait more than one hour for the service technician to arrive, and (g) the total cost per hour for the service operation.
Do you agree with OEI management that one technician can meet the average 3-hour service call guarantee? Why or why not?
What is your recommendation for the number of service technicians to hire when OEI expands to 20 customers? Use the information that you developed in Question 4 (above) to justify your answer.
What is your recommendation for the number of service technicians to hire when OEI expands to 30 customers? Use the information that you developed in Question 4 (above) to justify your answer.
What are the annual savings of your recommendation in Question 6 (above) compared to the planning committee's proposal that 30 customers will require three service technicians? (Assume 250 days of operation per year.) How was this determination reached?

Answers

The purpose of this research is to examine the service proficiency of OEI and suggest suitable  staffing levels for accommodating a growing clientele of 20 and 30.

1. Arrival Rate for Each Customer:  1.25 customers per hour.

2. Service Rate in Terms of Customers per Hour: 1/3 customers per hour.

3. Travel Time and Waiting Time: The waiting time starts from the moment the customer contacts OEI until the machine is back in operation, including both travel and repair time.

What is the managerial report

1. Arrival Rate for Each Customer:  1.25 customers per hour.

Based on historical data, the arrival rate for each customer is calculated by dividing the total number of customers by the total time. let us say that OEI receives an average of 10 customers per day, and the service operates for 8 hours a day. So, the arrival rate per customer is:

10 customers / 8 hours

= 1.25 customers per hour.

2. Service Rate in Terms of Customers per Hour: 1/3 customers per hour.

The service rate takes into account the time required to complete a repair, including travel time. OEI estimates that each service call takes approximately 1 hour for travel time and 2 hours for the actual repair. So, the service rate is:

1 customer / 3 hours

= 1/3 customers per hour.

3. Travel Time and Waiting Time:

OEI is different from traditional waiting line models since service technicians need to travel an average of 1 hour to reach each customer. In this case, the travel time and waiting time predicted by the waiting line model should be combined to determine the total customer waiting time.

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Precision Systems manufactures CD burners and currently sells 18,500 units annually to producers of laptop computers. Jay Wilson, president of the company, anticipates a 15 percent increase in the cost per unit of direct labor on January 1 of next year. He expects all other costs and expenses to remain unchanged. Wilson has asked you to assist him in developing the information he needs to formulate a reasonable product strategy for next year.
You are satisfied that volume is the primary factor affecting costs and expenses and have separated the semivariable costs into their fixed and variable segments. Beginning and ending inventories remain at a level of 1,000 units. Current plant capacity is 20,000 units. The following are the current-year data assembled for your analysis.
Sales price per unit $100
Variable costs per unit:
Direct materials $10
Direct labor $20
Manufacturing overhead and selling and administrative expenses 30 60
Contribution margin per unit (40%) $40
Fixed costs $390,000
Required:
a. What increase in the selling price is necessary to cover the 15 percent increase in direct labor cost and still maintain the current contribution margin ratio of 40 percent?
b. How many units must be sold to maintain the current operating income of $350,000 if the sales price remains at $100 and the 15 percent wage increase goes into effect?
c. Wilson believes that an additional $700,000 of machinery (to be depreciated at 20 percent annually) will increase present capacity (20,000 units) by 25 percent. If all units produced can be sold at the present price of $100 per unit and the wage increase goes into effect, how would the estimated operating income before capacity is increased compare with the estimated operating income after capacity is increased? Prepare schedules of estimated operating income at full capacity before and after the expansion.

Answers

a. An increase of $20 per unit is necessary to cover the 15 percent increase in direct labor cost and maintain the desired contribution margin ratio.

b.The fixed costs and desired operating income remain the same, so the contribution margin per unit of $40 is used. The required sales volume is 18,500 units.

c. The estimated operating income after capacity expansion can be determined by increasing the production and sales volume by 25 percent, i.e., 23,125 units

a. To maintain the current contribution margin ratio of 40 percent, the selling price per unit needs to be increased by 20 percent [(15 percent wage increase) / (current contribution margin ratio)].

Therefore, an increase of $20 per unit is necessary to cover the 15 percent increase in direct labor cost and maintain the desired contribution margin ratio.

b. To maintain the current operating income of $350,000, the number of units that must be sold can be calculated using the contribution margin ratio.

The fixed costs and desired operating income remain the same, so the contribution margin per unit of $40 is used. The formula for calculating the required sales volume is:

(Number of units) = (Fixed costs + Desired operating income) / Contribution margin per unit

Plugging in the values, we have:

(Number of units) = ($390,000 + $350,000) / $40 = 18,500 units

c. Before the capacity expansion, the estimated operating income can be calculated using the current production and sales volume of 18,500 units.

The estimated operating income after capacity expansion can be determined by increasing the production and sales volume by 25 percent, i.e., 23,125 units.

The schedules of estimated operating income at full capacity before and after the expansion can be prepared by multiplying the respective sales volumes with the contribution margin per unit and subtracting the fixed costs and the wage increase.

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Mr. Johnson's medical office mixed up his lab results with another patient
and told him he had a serious disease. As a result, Mr. Johnson became
physically ill and had to be hospitalized. Will he prevail in an intentional
inflection of emotional distress case?
A. Yes, because his doctor should have known the results were
wrong.
B. No, because he won't have any damages if he has insurance.
C. No, since the mix-up in the lab results was not intentional.
D. Yes, because professionals should not make that kind of error.
ferror

Answers

Answer:

the third one

Explanation:

just answered

Answer:

The answer is C. No, since the mix up in the lab results was not intentional.

Explanation:

Write about how bookkeeping is done in a small business and what they can do to improve their business

Answers

What can be done in small business by using Bookkeeping in improving the business are:

Maintaining  Daily Records.Creation of  a New Business Account is required.Setting  Budget  just for  Tax Purposes. make your  Records Organized.Tracking of all the business  Expenses.Leaving an Audit Trail.

What is the purpose of bookkeeping and how can it  improve their business?

It should be noted that Bookkeeping b can be of great influence in getting  budget for  the business it helps when  preparing for tax returns.

With the knowledge of bookkeeping the business owner can  business Bookkeeping helps you budget for your business, prepare for tax returns, keep the business organized and so much more.

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How did they get they find $200,000 loss?

How did they get they find $200,000 loss?

Answers

Hi the answer to that would be $26,000,000

In what kinds of situations have devalued, disenfranchised, and marginalized groups in the United States supported each other’s causes? When have they undermined or resisted each other’s causes?

Answers

The battle for civil rights is an example of a circumstance in which undervalued, disenfranchised, and marginalized communities in the United States supported one other's interests. When it came to priorities, they undercut or opposed each other's causes.

What are civil rights?

Civil and political rights are a form of right that protects people' freedom from violations by governments, social organizations, and private individuals.

They ensure the right to participate in civic and political activities of society and the state without fear of discrimination or persecution.

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what does journalism have you do

Answers

Answer:

yas

Explanation:

If Country A is an agricultural country and Country B has many cities and factories, it would make sense for

both countries to set up car manufacturing plants.
Country A to specialize in growing corn while Country B specializes in making cars.
Country A to specialize in making cars while Country B specializes in growing corn.
both countries to compete in growing more corn.

Answers

Answer:

Country A to specialize in growing corn while country B specializes in making cars

How will the equilibrium price and quantity change if there is an increase in demand and a
decrease in supply? Draw the original curves and the new curves after the shift.

Answers

Answer:

Explanation:

The same inverse relationship holds for the demand for goods and services. However, when demand increases and supply remains the same, the higher demand leads to a higher equilibrium price and vice versa. Supply and demand rise and fall until an equilibrium price is reached.

Other Questions
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