The government of Murinca does not attempt to influence through quotas or duties what its citizens can buy from another country, or what they can produce and sell to another country. This best represents the situation of free trade in Murinca.
What is free trade?Free trade is an economic policy that allows countries to trade and make transactions with one another without imposing any tariffs or restrictions on their goods, services, or products. Free trade is often considered as an ideal economic scenario where goods, services, or products are freely traded between nations without any limitations or restrictions.In the given case, the government of Murinca does not impose any quotas or duties on the products or goods that its citizens are buying from other countries or selling to other countries.
This implies that the market forces of supply and demand will determine the prices and volumes of the transactions taking place in the Murinca market.The advantages of free trade include:Increased competition leading to lower prices for consumers and higher profits for businesses. Greater choice for consumers, who can choose from a wider range of goods and services. More efficient allocation of resources, as countries can focus on what they are best at producing and trading Increased economic growth as trade stimulates business and investment.
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g pierre cardin gives technical advice on textile manufacturing to china and in exchange receives silk and cashmere. this is an example of a(n):
By giving technical advice on textile manufacturing to china and in exchange receives silk and cashmere. this is an example of a countertrade
What Exactly Is Countertrade?Countertrade is a type of reciprocal international trade in which goods or services are exchanged for other goods or services rather than hard currency. This type of international trade is more common in developing countries that have limited access to foreign exchange or credit.
It refers to the exchange of goods or services for which payment is made in whole or in part with other goods or services rather than with money. A monetary valuation, on the other hand, can be used in countertrade for accounting purposes. The term bilateral trade is used in transactions between sovereign states.
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The relationship between increasing prices and decreasing money value is called
Answer:
Inflation occurs when prices rise across the economy, decreasing the purchasing power of your money.
Explanation:
Can I please get on the brainlist
Is a business plan a one time fee?
Answer:
i think so :)
Explanation:
What are five of the most essential funtions of accounting ?
What is the term for a variety of activities designed to stimulate a trial or
purchase?
A. Sales promotion
B. Advertising
C. Public relations
D. Personal selling
Answer:
I think B.Advertising
Answer:
Sales Promotion
Explanation:
Just took the test.
a marketer who expects to be effective in the international marketplace should:
A marketer who expects to be effective in the international marketplace should ensure that the marketing mix is tailored to the culture and needs of the target market. A marketer, including sport marketers, who aims to be effective in the international marketplace should prioritize tailoring the marketing mix to the culture and needs of the target market
Globalization has made it easier for businesses to enter international markets, and companies are increasingly searching for opportunities to expand their businesses worldwide. However, global marketing is not easy, as marketers face a variety of issues that must be addressed to ensure that their business is successful in foreign markets.The marketing mix must be tailored to the culture and needs of the target market if a marketer expects to be effective in the international marketplace. When entering foreign markets, the marketing mix should be carefully designed to fit the local market's unique characteristics.
These may include differences in consumer preferences, cultural differences, and other factors that may impact marketing effectiveness. They should also carefully evaluate their competitors in these markets and design marketing strategies that can effectively compete with them. The marketing mix must be customized to the target market, including product design, pricing, promotion, and distribution.
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Tonya is considering leaving work early to go to a baseball game. A ticket costs $30, and it costs $5 to park at the stadium. Tonya will miss 3 hours of work, where she is paid $20 an hour. What is Tonya's total explicit cost of going to the game?
Answer:
$95
Explanation:
UwU
Do you support the idea of regulating food advertising to children? Does food advertising really impact what children eat, given that parents are doing the shopping? How much impact should advertisers be allowed to have on children, whose minds cant's discriminate the way adults’ can?
The question of regulating food advertising to children raises considerations regarding the impact of such advertisements on children's food choices and the role of parents in influencing those choices. This response will explore the topic and provide an analysis of the situation.
Regulating food advertising to children is a complex issue that requires careful evaluation.
Research suggests that food advertising does have an impact on children's food preferences and consumption patterns. Children are a vulnerable audience, as their minds are still developing, and they may have difficulty discerning advertising tactics and distinguishing between healthy and unhealthy food choices.
Advertisers have the power to influence children's preferences and shape their dietary habits, which can potentially have long-term effects on their health.
While parents play a crucial role in shaping their children's eating habits, it is important to recognize that they face challenges in countering the influence of advertising.
Children are exposed to a significant amount of advertising outside of their parents' control, such as through television, the internet, and mobile devices.
Moreover, advertisers often target children directly, using persuasive techniques designed to capture their attention and influence their preferences.
Regulating food advertising to children can help create a healthier food environment by promoting the advertising of nutritious food options and limiting the promotion of unhealthy foods.
It can also support parents in their efforts to provide a balanced and nutritious diet for their children.
However, finding the right balance is essential to avoid excessively restricting commercial speech or burdening advertisers with impractical regulations.
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True/False : when problems are passed on to the next level of the organization, the price of service goes up.
False. Passing problems on to the next level of the organization does not necessarily lead to an increase in the price of service.
An organization is a structured entity composed of people, resources, and systems working together to achieve specific goals or objectives. It is a social arrangement designed to efficiently accomplish tasks, coordinate activities, and allocate resources within a defined structure. Organizations can be of various types, including businesses, non-profit organizations, government agencies, educational institutions, and more. The cost of service is determined by various factors, including the organization's cost structure, market conditions, competition, and pricing strategies. While addressing problems may involve additional resources and efforts, it does not automatically result in an immediate price increase for the service. Pricing decisions are complex and depend on a range of factors beyond the resolution of individual problems.
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Compute gross profit earned by the company for each of the four costing methods. For specific identification, units sold include 80 units from beginning inventory, 340 units from the March 5 purchase, 40 units from the March 18 purchase, and 120 units from the March 25 purchase
Here, the FIFO method's gross profit will be 19100, the LIFO method's gross profit will be 17980, the Avg cost method's gross profit will be 18652, and the Specific ID method's gross profit will be 18360.
First in, first out (FIFO) is an uncomplicated approach to inventory valuation based on the presumption that commodities acquired or created first are sold first. According to theory, the older stock is sent to clients before the newer stock.
The LIFO approach is predicated on the idea that the most recent items added to a company's inventory have already been sold. The computation was done using the purchase prices of these current goods.
A company's gross profit is calculated by deducting its entire sales from its total cost of products sold. All products sold by the business are included in the overall sales. All of the variable costs related to sales are added together to form the overall cost of the products sold.
Particulars FIFO LIFO Avg cost Spec. ID
Sales 50900 50900 50900 50900
Cost of goods sold 31800 32920 32248 32540
Gross Profit 19100 17980 18652 18360
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How important is money
Answer:
very important
Explanation:
money is a global income source for everyone. we all have different types but it is all still money. now say one country got rid of money and had people pay for stuff using other things. if china did that lots of different countries wouldn't be able to get stuff from there unless they had so much of that product they could just give it up.
At this stage in your life as a student, what investment would you recommend to save a portion of your money for your retirement
A invest in a security that carries higher risk and a higher rate of return
B invest in a low interest savings account
C invest in a checking account so that you can have immediate access to your money
D invest in some "safe" securities so that you can get the highest rate of return
Answer:
I don't know
Explanation:
sorry sorry if it's wrong pick b,c, and d
A whole supermarket shelf of snack food bags is marked, "Frito-Lay." This is an example of a(n)
brand.
a. co brand
b. individual
c private
d. wholesale
e. family
Which person has the highest taxable income?
Person A: Earns $50,000 per year with $5,000 in deductions
Person B: Earns $60,000 per year with $10,000 in deductions
Person C: Earns $90,000 per year with $30,000 in deductions
Person D: Earns $100,000 per year with $60,000 in deductions
A. Person B
B. Person D
C. Person A
D. Person C
Answer:
D. Person C
Explanation:
Taxable income is the difference between the gross pay and all authorized deduction.
For person A : taxable income = $50,000 - $5000 = $45,000
For Person B: taxable income =$60,000 - $10,000 = $50,000
For Person C: taxable income= $90,000 - $30,000 = $60,000
For Person D: taxable income=$ 100,000 - $60,00= $40,000
Person C has the highest taxable income with $60,000
Answer: person c
Explanation:
a pe x
What are the 5 main conflict?
The 5 main conflicts are man vs. Self, man vs. man.
Man vs. Self. This sort of warfare is typically resulting from something external — but the battle itself takes vicinity inside.guy vs. man.guy vs. Nature.guy vs. Society.guy vs. Supernatural.The opposing force created, the conflict in the story usually comes in four basic sorts: war with the self, battle with others, war with the environment and battle with the supernatural.
A relevant struggle and climax refers to a story's inciting incident, its primary 5 main conflicts that advances the plot's factors, and how the tale's climax is resolved. right here, the vital conflict is defined as whilst a primary person's strongest desire is met with the aid of an similarly strong internal or external obstacle.
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Companies that think carefully about the impact of sensations on product experiences are practicing ________. hedonic consumption need marketing want marketing sensory marketing
The companies that think carefully about the impact of the sensations are practicing sensory marketing.
What is sensory marketing?
This is the type of marketing that is done to make a product to be appealing to all of the five senses of a person that is to consume to the good.
The sensory marketing is correct here because the products are to be appealing to the senses.
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what is one of the effects that the internet has had on bussiness?
Select all that apply On December 1, Christy Co. accepted a 60-day, 6%, $1,000 note due January 30. On December 31, the appropriate year-end adjusting entry was made. On January 30, the note was honored and paid in full. The entry to record receipt of payment on January 30 (assuming no reversing entry was made) would include a credit to: (Check all that apply.) Multiple select question. Notes Receivable for $1,000. Cash for $1,010. Interest Revenue for $5. Interest Revenue for $10. Interest Receivable for $5.
Answer:
Notes Receivable for $1,000. Cash for $1,010. Interest Revenue for $5. Interest Receivable for $5.
Explanation:
The journal entry to record the receipt of the payment is shown below:
Cash Dr $1,010
To Interest receivable $5 ($1,000 ×6% × 30 days ÷ 360 days)
To Interest revenue $5
To Note receivable $1,000
(being the receipts is recorded)
here cash is debited as it increased the assets and credited the interest receivable, interest revenue and note receivable as it increased the assets and revenue accounts
a) Describe and identify 4 different types of market and list at least 4 conditions perfect market. (refers to the slides) b) Why is perfect competition normally regarded as being 'better' than monopoly? c) List at least one market that is considered to be closest to perfect competition and why? d) What is meant by monopoly power? What factors determine the extent of this power? (refer to slides) e) Explain why OPEC is considered to be Oligopoly type of market. List at least one more example that has the similar feature to Oligopoly. f) List at least one industry that has a feature of monopolistic competition
Market types are classified based on the number of competitors, nature of goods, and barriers to entry. The four main types of markets are: Perfect Competition Monopolistic Competition Oligopoly Monopoly
A perfect market is characterized by the following conditions: a large number of buyers and sellers, homogenous goods, free entry and exit, perfect knowledge, absence of externalities, and perfect mobility of factors of production.b) Perfect competition is considered as a superior market structure to monopoly due to the following reasons:In perfect competition, firms operate at maximum efficiency and produce goods and services at the lowest possible cost.In perfect competition, consumers get goods and services at the lowest possible cost. Monopolies often have the power to manipulate prices to their benefit. Hence, they may be able to charge higher prices and make higher profits than they would in a more competitive market.c) The agriculture industry is considered to be closest to perfect competition due to the following reasons:There are a large number of buyers and sellers in the agricultural industry.The goods produced are homogeneous. There is a relatively low barrier to entry.
The market is perfectly competitive, meaning that all buyers and sellers have equal access to the market information.d) Monopoly power refers to the extent to which a firm can influence the market price of a good or service. The factors that determine the extent of monopoly power are:The number of firms in the market.The level of product differentiation.The level of control over key resources.The extent of government regulation.The extent of economies of scale.e) OPEC is considered to be an oligopoly market due to the following reasons:It is a cartel that controls the price and production of oil.There are few major players in the market who have control over the supply of oil and can dictate prices
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a) Four different types of markets are:
Perfect Competition: a market structure in which no single firm can affect the market price and there are many buyers and sellers, homogeneous products, excellent information, easy entry, and easy exit.
Monopoly: a market system when there is just one seller or producer, no near replacemeants, substantial entry hurdles, and the ability to set the price.
Oligopoly: A market structure with a few large firms dominating the market, interdependence among firms, barriers to entry, and the potential for collusion or strategic behavior.
Monopolistic Competition: a market system with many businesses offering unique items, little entry barrier, and some level of market strength for each business.
b) Perfect competition is generally regarded as "better" than monopoly due to several reasons:
Price efficiency
Consumer welfare
Innovation and efficiency
c) One market that is considered closest to perfect competition is the agricultural market for standardized commodities such as wheat, corn, or soybeans. This market typically has many small farmers producing homogeneous products
d) Monopoly power refers to the ability of a single firm or a dominant firm in a market to control prices, output levels, and market conditions. Factors that determine the extent of monopoly power include:
Barriers to entry
Market share and concentration
Control over key inputs or distribution channels
Government regulations
e) OPEC (Organization of the Petroleum Exporting Countries) is considered an oligopoly market because it is an organization composed of several major oil-producing countries that collectively control a significant portion of the global oil supply.
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what are the different levels of profession
Answer:
the different levels of profession are:
medium level profession
high level profession
John F. Kennedy believed that a leader should be ?
Answer:
kn
Explanation:
Answer: B
Explanation:
The catapult systems repair crew on an aircraft carrier is responsible for repairing the system that launches the aircraft from the carrier. no two repairs are alike, and because pilots' lives are at stake, quality is imperative. repair personnel often have to develop creative solutions on the spot instead of depending on standard procedures. as a result, the most effective structure for the catapult systems repair crew is a(n) ________ structure.
Answer: Organic Structure
Explanation: Organic Structure may be explained as a type of organizational structure which often promotes creativity, being proactive and flexible decision making due to the unstable and dynamic nature of the work environment and problem the organization has to solve. In the scenario above, due to the risky nature of the task at hand, catapult repair crews do not posses the luxury of time to follow rigid orders, rules or follow a centralized model of problem solving. Therefore, a decentralized model is often adopted in other to afford the repair crew to use their tactical nous, experience and creative ability to approach, tackle and provide quick and quality solutions to lingering problems.
Janyell is the money person. All purchases or any funds needed for business activities have to be sent to her and approved first.
Which Function of Business is Janyell most closely
associated with?
A- accounting
B- sales
C- production
D- finance
Answer:
B?
Explanation:
During a hostile takeover attempt the board of directors of the target corporation blocked the attempt, however, shareholders who would have received a premium price for their stock are angry and sue. The courts will use: X the rule of reason to determine if the takeover made more financial sense to a greater number of people. the business judgement rule to determine if the directors acted reasonably. the rational basis test to determine if the block was the best course of action. intermediate scrutiny to determine if it was the best course of action.
The courts will determine if the board of directors acted reasonably by using the business judgement rule.
During a hostile takeover attempt the board of directors of the target corporation blocked the attempt, however, shareholders who would have received a premium price for their stock are angry and sue.
The courts will use the business judgement rule to determine if the directors acted reasonably.
However, the term 150 is not related to the given statement or the question, which is related to legal matters. Therefore, we cannot answer the question based on the given terms.
Nonetheless, the answer to the question is "the business judgement rule to determine if the directors acted reasonably."In the context of corporate law, the business judgment rule is a legal principle that allows a board of directors to make business decisions without being subjected to judicial inquiry.
It assumes that a board of directors, when making business judgments, acts in good faith and in the best interests of the company as a whole.
The courts will determine if the board of directors acted reasonably by using the business judgement rule.
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Which of the following government agencies regulates financial markets? a. osha b. the irs c. the faa d. the ots
OTS is an agreement in which a defaulting borrower agrees to pay a portion of their debt, it regulates Financial markets.
What exactly is this OTS?OTS is an agreement in which a defaulting borrower agrees to pay a portion of their debt in order to prevent banks from pursuing legal action against them.
Financial markets are regulated by OTS government agencies.
Therefore, option d. explains the OTS.
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Answer:
D
Explanation:
________enanles the keyboarder to construct a table .
a. Line space regulator.
b. Insert table function.
c. Shift lock.
d. Space bar.
b. Insert table function enanles the keyboarder to construct a table .
What is the tool?The "Insert table function" is a tool in computer programs for writing that lets you make tables in a document.
This is usually how it goes: To start writing a document, use a computer program like Microsoft Word or Docs. Put the little arrow thing where you want the table to go. This tool is often found in programs like Microsoft Word or Docs. It lets people make tables by saying how many rows and columns they need.
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Consider a second hand car market where three types of cars are being sold: High quality (H), medium quality (M) and low quality (L). Sellers value an H at $2000, an M at $1200 and an L at $800, whereas buyers value an H at $1800, an M at $1600 and an L at $1400. As discussed in the "Akerloff's Lemons Market", sellers are able to distinguish between different quality cars but buyers are not and a buyer believes that in this market 40% of the cars is an H, 30% of the cars is an M and 30% of the cars is an L. a) Determine which type of cars will be sold at the efficient allocation. b) Determine which type of cars will be sold at the market equilibrium.
Answer:
a) Determine which type of cars will be sold at the efficient allocation.
All cars would be sold in a Pareto efficient allocation.
In a Pareto efficient market, resources are all allocated in teh most efficient possible way. This is the reason why this is just a theoretical concept that does not necessarily apply in real life.
b) Determine which type of cars will be sold at the market equilibrium.
Since consumers are only willing to pay up to $1,620 for a used car, only medium quality and low quality cars will be sold. The price of high quality used cars is higher than the equilibrium price.
Explanation:
the most a buyer would be willing to pay for a used car is ($1,800 x 40%) + ($1,600 x 30%) + ($1,400 x 30%) = $720 + $480 + $420 = $1,620
what would be the present value today of $1,250 to be received 3 years from now, assuming a 12 iscount rate and quarterly compounding? express your answer to the nearest cent.
The present value today of $1,250 to be received three years from now with a 12% discount rate and quarterly compounding is $864.47.
To calculate the present value of the $1,250 to be received three years from now with quarterly compounding, we need to use the formula for the future value of a lump sum:
FV = PV x (1 + r/n)\(^{(n*t)}\)
Where FV is the future value, PV is the present value, r is the discount rate, n is the number of compounding periods per year, and t is the number of years.
In this case, FV is $1,250, r is 12%, n is 4 (quarterly compounding), and t is 3.
Plugging in these values, we get:
1,250 = PV x (1 + 0.12/4)\(^{(4*3)}\)
Solving for PV, we get:
PV = 1,250 / (1 + 0.12/4)\(^{(4*3)}\) = $864.47
Therefore, the present value today is $864.47.
In everyday life, this concept of present value can be used in various scenarios, such as calculating the amount needed to save today to achieve a specific financial goal in the future, or evaluating investment opportunities by comparing their present value to their potential future value.
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Please help I’ll give brainey if right answers
Answer:
f
Explanation:
Adnan Hassan earned 5% commission as a sales trainee. After
promotion to a sales associate, he earned 8% commission. His year-end
report showed $673,874 in total sales and $45,006.52 in commission.
What did his sales total as (a) a sales trainee and (b) a sales associate?
Answer:
He earns $296780 as a Sales Trainee and $377094 as a Sales Associate
Explanation:
Given
Let x represents his sales as a sales trainee
Let x represents his sales as a sales associate
Total Sales: \(x + y = 673874\)
Total Commission: \(0.05x + 0.08y = 45006.52\)
Required
Find x and y
Equations
\(x + y = 673874\) --- (1)
\(0.05x + 0.08y = 45006.52\) --- (2)
Make y the subject of formula in (1)
\(x + y = 673874\)
\(y = 673874 - x\)
Substitute this in (2)
\(0.05x + 0.08y = 45006.52\)
\(0.05x + 0.08(673874 - x) = 45006.52\)
Open Bracket
\(0.05x + 53909.92 - 0.08x = 45006.52\)
Collect Like Terms
\(0.05x - 0.08x = 45006.52 - 53909.92\)
\(- 0.03x = -8903.4\)
Divide through by -0.03
\(x = \frac{-8903.4}{-0.03}\)
\(x = 296780\)
Recall that
\(y = 673874 - x\)
\(y = 673874 - 296780\)
\(y = 377094\)
Hence;
He earns $296780 as a Sales Trainee and $377094 as a Sales Associate