Contact with banks for the purpose of opening company bank accounts should normally be the responsibility of the corporate Board of Directors. A bank account is a financial account kept by a bank or other financial organization in which financial transactions between the bank and a customer are documented.
Each financial institution determines the terms and conditions for each type of account it provides, which are divided into frequently understood types such as bank accounts, credit card accounts, current accounts, loan accounts, and many other sorts of accounts. A consumer may have more than one account. Loan loaders allow funds to be withdrawn.
To learn more about bank, click here.
https://brainly.com/question/15062008
#SPJ4
Janine, a professional home inspector, notices a lot of small holes burrowed into a home's attic beams.This could indicate the presence of which pest?
Janine, a professional home inspector, notices a lot of small holes burrowed into a home's attic beams. This could indicate the presence of wood-boring beetles. Optiob C
This is further explained below.
What is wood-boring beetles?Generally, The phrase "woodboring beetle" refers to a wide variety of beetle species and families that feed on and damage wood in their larval or adult stages. It is common to refer to woodworms as the larval stages of various insects in the woodworking business.
In conclusion, Attic beams at a house Janine is inspecting had a lot of little holes dug into them. Wood-boring beetles may be to blame for this.
Read more about wood-boring beetles
https://brainly.com/question/11338404
#SPJ1
Two resources often in short supply for entrepreneurs are:
a. time and money.
b. raw materials and labor.
c. plant and equipment.
d. financial backing and creative genius.
The two resources often in short supply for entrepreneurs are: a. time and money.
Time and money are two critical resources that entrepreneurs often find themselves lacking. Starting and running a business requires significant time investment, as entrepreneurs need to manage various tasks such as planning, decision-making, marketing, operations, and more. Time constraints can limit an entrepreneur's ability to pursue multiple opportunities or effectively balance work and personal life.
Financial resources, including capital and funding, are also often scarce for entrepreneurs. Starting a business typically requires upfront investment for expenses such as equipment, inventory, marketing, and hiring personnel. Lack of sufficient funds can hinder growth, limit innovation, and restrict the entrepreneur's ability to seize opportunities or overcome challenges.
While options b, c, and d may be relevant to specific industries or stages of business development, option a (time and money) represents the two resources that are generally scarce and crucial for most entrepreneurs.
To know more about entrepreneurs, visit:
https://brainly.com/question/31010585#
#SPJ11
The ________ mark is a certification that is granted to products that are determined to promote sustainable farming and provide higher prices and improved social and environmental standards for producers, typically in developing countries.
The word referred to above is called the Fairtrade Mark. The purpose of this mark is to enable consumers to encourage sustainable farming practices by buying produces that has such a mark.
Who issues the Fairtrade Mark?The Fairtrade Certification which is issued by a third-party auditor called FLOCERT is used to identify companies that have manufactured products that comply with Fairtrade's international standards.
The Fairtrade mark standards look at three major areas:
Environmental StandardsEconomic standardsSocial standardsPlease see the link below for more about Fairtrade Mark:
https://brainly.com/question/797907
1. According to this supply curve, 400 movie videos will be supplied at what price?
a. $12
b. $16
c.$14
d.$10
According to this supply curve, 400 movie videos will be supplied at what price 12 dollars.
What is a supply curve?A supply curve is a graphical representation of the relationship between the quantity of a good or service that a producer is willing to sell and the price at which they are willing to sell it. The curve is upward sloping, which means that as the price of a good or service increases, the quantity supplied by producers will also increase.
The opposite is also true, as the price of a good or service decreases the quantity supplied by producers will decrease. It is assumed that all other factors (technology, input prices, taxes and subsidies etc.) that affect production remain constant.
The position of the supply curve can also change depending on these factors. The supply curve is a fundamental concept in microeconomics, it is used to analyze market behavior and the determination of prices in a market.
Read more on supply curve here:https://brainly.com/question/11717727
#SPJ1
Which of the following events is consistent with an increase in the deadweight loss of a motor oil tax from $2 million to $12 million? a. The tax on motor oil increases from $1.00 per liter to $3.00 per liter. b. The tax on motor oil increases from $1.00 per liter to $1.50 per liter. c. The tax on motor oil increases from $1.00 per liter to $6.00 per liter. d. The change in the deadweight loss cannot be determined with the information provided
The correct answer is c. The tax on motor oil increasing from $1.00 per liter to $6.00 per liter is consistent with an increase in the deadweight loss of a motor oil tax from $2 million to $12 million.
Deadweight loss is the loss of economic efficiency that occurs when the equilibrium for a good or service is not achieved. This can happen due to a variety of reasons, such as market inefficiencies, government intervention, or externalities. Deadweight loss represents the value that is lost to society as a result of this inefficiency.
Deadweight loss refers to the loss of economic efficiency that occurs when the cost of a good or service exceeds its value to consumers. When the tax on motor oil is increased to $6.00 per liter, the price of motor oil for consumers increases significantly, leading to a decrease in the quantity demanded.
This reduction in consumer surplus results in a larger deadweight loss compared to the lower tax rates in options a and b. Option d is incorrect because the information provided allows us to make a comparison and identify which scenario leads to a higher deadweight loss.
To learn more about deadweight loss
https://brainly.com/question/13245375
#SPJ11
Brightstone Tire and Rubber Company has capacity to produce 196,000 tires. Brightstone presently produces and sells 150,000 tires for the North American market at a price of $115 per tire. Brightstone is evaluating a special order from a European automobile company, Euro Motors. Euro is offering to buy 23,000 tires for $94. 15 per tire. Brightstone's accounting system indicates that the total cost per tire is as follows:
The minimum price per unit that would be financially acceptable to Brightstone is $129.37.
To determine the minimum price per unit that would be financially acceptable to Brightstone, we need to calculate the incremental cost of producing and selling the additional 23,000 tires.
The direct material cost per tire is $56, the direct labor cost is $22, and the factory overhead cost is $25, of which $15 is variable (60% of $25). The total variable cost per tire is therefore $103 ($56 + $22 + $25 - $15).
The selling and administrative expenses per tire are $26, of which $11.70 is variable (45% of $26). Therefore, the total variable cost per tire including selling and administrative expenses is $114.70 ($103 + $11.70).
Adding the shipping cost per tire of $7.50 and the certification cost of $165,000 divided by 23,000 units or $7.17 per tire, the total incremental cost per tire is $129.37 ($114.70 + $7.50 + $7.17).
To learn more about costs click on,
https://brainly.com/question/23435297
#SPJ4
Complete question is:
Brightstone Tire and Rubber Company has capacity to produce 196,000 tires. Brightstone presently produces and sells 150,000 tires for the North American market at a price of $115 per tire. Brightstone is evaluating a special order from a European automobile company, Euro Motors. Euro is offering to buy 23,000 tires for $94. 15 per tire. Brightstone's accounting system indicates that the total cost per tire is as follows:
Direct materials $56
Direct labor 22
Factory overhead (60% variable) 25
Selling and administrative expenses (45% variable) 26
Total $129
Brightstone pays a selling commission equal to 5% of the selling price on North American orders, which is included in the variable portion of the selling and administrative expenses. However, this special order would not have a sales commission. If the order was accepted, the tires would be shipped overseas for an additional shipping cost of $7.50 per tire. In addition, Euro has made the order conditional on receiving European safety certification. Brightstone estimates that this certification would cost $165,000.
What is minimum price per unit that would be financially acceptable to Brightstone?
a. Norm and Linda are married, file a joint return, and have one 5-year-old child. Their adjusted gross income is $436,000. What is their child credit for the current year?
b. If Norm and Linda had a 3-year-old as well as the 5-year-old and an 18-year-old from Linda’s first marriage, what would their total child tax credit and other dependent credit be for the current year?
c. In b. above, how many children qualify for the child tax credit? Explain.
a. Norm and Linda's child credit for the current year is $2,000.
b. If Norm and Linda had a 3-year-old as well as the 5-year-old and an 18-year-old from Linda's first marriage, their total child tax credit and other dependent credit for the current year would be $6,000.
c. In scenario b, two children qualify for the child tax credit.
The child credit is a tax benefit designed to provide financial assistance to taxpayers who have dependent children. For the current year, Norm and Linda's child credit would be $2,000 based on the information provided. This credit helps offset the tax liability and is directly subtracted from the total tax owed.
In scenario b, Norm and Linda have two additional children: a 3-year-old and an 18-year-old from Linda's first marriage. The child tax credit is available for qualifying children who meet certain criteria, including age, relationship to the taxpayer, and dependency. In this case, the 3-year-old and the 5-year-old would both qualify for the child tax credit. However, the 18-year-old would not qualify due to exceeding the age limit for the credit.
The child tax credit is worth $2,000 per qualifying child, and in this scenario, Norm and Linda have two qualifying children. Therefore, the total child tax credit for the current year would be $4,000. Additionally, they may be eligible for the other dependent credit, which is worth $500 per dependent who doesn't meet the criteria for the child tax credit. In this case, the 18-year-old would qualify for the other dependent credit, bringing the total credit amount to $6,000.
Learn more about Child tax
brainly.com/question/28269788
#SPJ11
What should be included in all career objectives? interest in new challenges, relevant skills, technological expertise interest in a specific position, relevant skills, benefit to employer interest in a specific field, relevant skills, salary expectations interest in new knowledge, relevant skills, salary expectations
Answer:
B. interest in a specific position, relevant skills, benefit to employer.
Explanation:
Career objectives can be defined as an optional part of a curriculum vitae (resume) used by job applicants to give a brief description about their interest in a specific position, relevant skills, experience and potential benefits to an employer.
In order to increase your chances of being invited for a job interview, it is advisable that you include a clear career objective in your resume so as to make it compelling and convincing to hiring managers.
As a job applicant, what you should include in all career objectives is an interest in a specific position, relevant skills, and benefit to employer because it is one of the sections to be noticed first.
Generally, career objectives should be limited to a maximum of two or three lines of text or sentences and typed at the top of a resume, just below your contact information and name so as to quickly catch an employer's attention.
Please Help!!!! My 5th time posting this please actually help me!
In the workplace, new devices and technologies are transforming the way we exchange information and conduct business. List and concisely describe at least six electronic communication channels used most commonly by businesspeople today.
Answer: My answer is in the photo below. Hope it helps.
Do you think a client’s wishes should trump ethics in the mind of an advertising professional? Why or why not?
Answer: They should not.
Explanation:
When it comes to the advertising industry, the wishes of the client are not of the highest priority, they are of the second highest priority.
The highest priority is to the industry and its integrity. If advertisers acted in an unethical manner, they would risk destroying the reputation of the advertising industry which would lead to a massive loss of trust in it that could severely impact it.
Regardless of how important a client might be therefore, their wishes should never trump the ethics required in the industry because these ethics maintain the integrity of the advertising profession.
How is purchasing power parity measured?
PPPs are merely price relations that display the comparison between the national currency pricing of the same commodity or service in several nations.
What is a PPP measurement?By removing the variations in price levels between nations, purchasing power parities (PPPs) are rates of currency translation that aim to equalise the purchasing power of various currencies.The final expenditures sampled by the basket of commodities and services includes net exports, fixed capital formation, final consumption by households and the government, and fixed capital formation. This indicator is expressed as a national currency rate against the US dollar.That over time, PPP exchange rates have remained largely steady. Market rates, on the other hand, are more erratic, and utilising them could lead to rather significant fluctuations in overall growth measurements even when growth rates in particular countries are consistent.To learn more about PPP refer :
https://brainly.com/question/29788784
#SPJ4
University of the Southern Caribbean have been considering to construct two extension sites in other Caribbean Islands. After they reviewed and analysed several proposals, the options were narrowed down to two possible extension sites. The St. Lucia extension site is estimated to cost $950,000 with an expected cost of capital to be 10%. Grenada’s extension site is closer to Trinidad so the cost is anticipated to be $750,000 with a cost of capital of 12%. The anticipated net cash inflows for the next 6 years are projected below.
Years St. Lucia Extension Site Grenada Extension Site
1 230,000 230,000
2 228,000 280,000
3 278,000 295,000
4 283,000 180,000
5 273,000 200,000
6 280,000 150,000
Requirements:
1. USC would like the payback period to be by year 4 for the latest. Based on that, which investment would you recommend and if they both meet the criteria, rank them.
2. USC has $1,750,000 available for the projects. Use the NPV method for the basis of your recommendation.
3. Make an overall recommendation after reviewing both the payback and NPV methods.
Answer:
a. Payback period method works by finding out if the investment will payback its initial investment within a certain period.
Payback period is a maximum of 4, find out which investment paid back in 4 years:
St Lucia:
= Cash flows for first 4 years - initial investment
= 230,000 + 228,000 + 278,000 + 283,000 - 950,000
= $69,000
Payback period = Year before payback + (Amount left for payback / Cashflow in payback year)
= 3 + ( (950,000 - 230,000 + 228,000 + 278,000) / 283,000)
= 3.76 years
Granada:
Payback period = Year before payback + (Amount left for payback / Cashflow in payback year)
= 2 + ( ( 750,000 - 230,000 - 280,000) / 295,000)
= 2.81 years
Both of them meet criteria but Granada site has lower payback period of 2.81 years so should rank higher than St. Lucia site.
2. St Lucia NPV:
= (230,000 / (1 + 10%)) + (228,000 / (1 + 10%)²) + (278,000 / (1 + 10%)³) + (283,000 / (1 + 10%)⁴) + (273,000 / (1 + 10%)⁵) + (280,000 / (1 + 10%)⁶) - 950,000
= $177,243
Granada NPV:
= (230,000 / (1 + 12%)) + (280,000 / (1 + 12%)²) + (295,000 / (1 + 12%)³) + (180,000 / (1 + 12%)⁴) + (200,000 / (1 + 12%)⁵) + (150,000 / (1 + 12%)⁶) - 750,000
= $192,420
USC has enough money to fund both projects and so should embark on both of them as they both bring in a positive Net Present Value.
3. On the basis of both the Payback period and the NPV, the Granada site performs better than the St. Lucia so if USC does not have enough money for both projects, they should invest in the Granada project.
The issuing of new securities, mortgages, and other claims to wealth takes place in the:
a. secondary market
b. money market
c. primary market
d. securities market
The issuing of new securities, mortgages, and other claims to wealth takes place in the primary market.
The primary market is where new securities, such as stocks and bonds, are issued for the first time by companies and other issuers to raise capital. This is done through an initial public offering (IPO) or other types of offerings, where the issuer sells its securities directly to investors.
In the primary market, the price of the securities is determined by the issuer and the demand from investors. The proceeds from the sale of the securities go directly to the issuer.
On the other hand, the secondary market is where previously issued securities are bought and sold by investors.
The secondary market provides liquidity to investors by allowing them to sell their securities to other investors, and it also allows new investors to purchase existing securities.
In the secondary market, the price of the securities is determined by supply and demand, and the proceeds from the sale of the securities go to the seller rather than the issuer.
Learn more about market here:brainly.com/question/15483550
#SPJ11
How would an influencer describe their experience?
Answer:
encouraging
Explanation:
How do you write a professional bio about yourself?
If you work in a profession where it is appropriate, you should include your name and title in your professional bio.
You must provide your name and the title of your present position in the first sentence of your brief bio. Say, "Sarah Hayes is the Senior Marketing Director for Blooming Street Creative," as the first sentence of your bio. You might put your most recent title or your college major if you are actively looking for work.
Include significant professional positions and accomplishments in your biography. Include your interests, passions, and the way you apply your values to your work. a description of your background as a worker, businessperson, or professional.
Read more about professional bio at
https://brainly.com/question/30397118
#SPJ4
A seasonal factor is used to: A) Adjust the demand level corresponding to a specific period of time when there is seasonal oscillation B) Adjust the exponential smoothing when there is seasonal trend C) Adjust the demand for of linear regression when there is seasonal trend D) Adjust the demand for any forecasting method when there is a seasonal trend E) To find the preferred value of Beta when there is a seasonal trend
(A) Adjusting demand levels for seasonal oscillation is typically done using a combination of historical data and statistical analysis. Beta is a statistical term that refers to the degree of change in demand over time.
A seasonal factor is a component that is used to adjust the demand level corresponding to a specific period of time when there is seasonal oscillation. It is important to consider seasonal factors when forecasting demand for products or services, as they can have a significant impact on sales. Seasonal trends can result from factors such as holidays, weather patterns, and economic cycles, among others.
It is commonly used in forecasting methods such as exponential smoothing and linear regression.
When there is a seasonal trend, it is important to adjust the demand for any forecasting method accordingly. This can be done by applying a seasonal factor to historical data, which will help to identify and account for any seasonal trends. Beta can also be used to find the preferred value for forecasting methods when there is a seasonal trend.
In conclusion, a seasonal factor is used to adjust the demand level corresponding to a specific period of time when there is seasonal oscillation. This can be done using historical data and statistical analysis, and is important to consider when forecasting demand for products or services. Beta is a key statistical term that can be used to find the preferred value of forecasting methods when there is a seasonal trend.
To know more about demand visit:
https://brainly.com/question/29761926
#SPJ11
The Farmers' Alliance was originally formed to a break the economic grip of the railroads through farmers' cooperatives. b join poor black and white farmers in a political alliance to advance their similar economic interests. c drive up farm prices by reducing crop production. d undermine eastern bankers by providing low-cost loans to farmers. e advance agriculturally useful education in state land-grant colleges
Answer:
a. break the economic grip of the railroads through farmers' cooperatives.
Explanation:
Farmers' Alliance was an American agrarian economic movement created by the farmers living and farming in the United States of America during the 1870s and 1880s. The Farmers' Alliance was aimed and focused on improving the economic conditions for all American farmers to grow, develop and flourish excellently through the establishment of cooperatives and political advocacy groups.
Furthermore, the Farmers' Alliance believed majority of the economic problem and challenges was caused by industrial monopolies, eastern bank and railroads.
Hence, the Farmers' Alliance was originally formed in order to break the economic grip considered to be caused by the railroads, through the establishment of farmers' cooperatives.
What is a major function of the public sector
Answer:
Public sector provides many services such as; education, health and social care.
hich pricing strategy involves setting a high price for an exclusive, high-end product?
Give 2 advantages of a corporation?
2 advantages of a business corporation include...
personal liability protectionbusiness security and perpetuityHope this helps!! Good luck with your work :))
Brainliest? I'm trying to rank up please UvU
Answer:
Limited Liability
In a corporation, the owners of the company are only liable for the amount of money which they have invested through purchasing shares. This means that if the company goes bankrupt and has no money left to pay back the creditors and lenders, the money invested by its shareholders into the company (by purchasing its shares) will be used to pay back the creditors and lenders. Hence, the shareholders will lose the amount invested. Creditors and lenders, however, have no claim on the personal properties and assets of the owners. This is what limited liability means: limited up to the extent of the amount invested.
Easy Availability of Capital
In a corporation form of business organization, it is relatively easy to raise huge sums of capital through the public. Since the total money a company wishes to raise is divided into thousands and lakhs of shares, the price of each share comes out to be very small. A small price allows a number of people to purchase the shares of the company. Hence, it becomes easy to raise a big amount for a corporation by dividing it into smaller units.
Explanation:
Please mark Brainliest, it really helps.
Monopolistic competitors can make a _____________ in the short-run, but in the long run, ______________ will drive these firms toward _______________________.
A)
profit or loss; entry and exit; a zero-profit outcome
B)
loss; exit; losses on their earnings
C)
profit or loss; exit; economic profits
D)
profit; entry; a price that lies at the very bottom of the AC curve
In the short run, monopolistic competitors can make either a profit or a loss.
However, in the long run, entry and exit of firms will occur in response to these profit or loss outcomes. If a monopolistic competitor is making economic profits, other firms will be incentivized to enter the market, increasing competition.
On the other hand, if a monopolistic competitor is incurring losses, firms will be driven to exit the market.
Ultimately, this process of entry and exit will lead the monopolistic competitors toward a zero-profit outcome in the long run. As more firms enter the market due to the potential for profits, the increased competition will erode those profits.
profit or loss; entry and exit; a zero-profit outcome
Learn more about monopolistic here:
https://brainly.com/question/13117388
#SPJ11
Answer:
the correct answer is profit or loss, entry and exit, a zero-profit outcome
Explanation:
(econ1101)
A very large company would be most likely to have a(n)
Blank its accounting department.
at the head of
Answer:
manager or head of accounting that makes the most sense to me
Explanation:
APR is typically higher than the interest rate because
*
1 point
APR is only associated with smaller loans
the interest rate only factors in the principle
interest rate is a better picture of the coast as a whole
APR includes fees and other costs
Answer:mk
Explanation:km
The payback method ______. Multiple select question. cannot evaluate projects with uneven cash flows
Answer:
does not consider the time value of money
ignores all cash flows that occur after the payback period
is not a true measure of investment profitability
Explanation:
0.0
The payback technique determinate all cash flows over a project's life.
What are cash flows?Cash flow exists as the movement of money in and out of a company. Cash received represents inflows, and cash spent signifies outflows. Although it does seem sometimes that cash flow only bears one way. The cash flow statement stands as a financial statement that reports on a company's sources and use of cash over some time. Cash flow exists not necessarily always connected to profit, and businesses can actually register a negative one for several generations and still be profitable.
The correct answer exists to recognize all cash flows over a project's life.
Learn more about cash flows, refer:
https://brainly.com/question/10922478
#SPJ2
Ttttthhhhheeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeee accounf is not working
Answer:
Step by step explanation
What is the marginal revenue and marginal cost for this diagram?
What type of market is this? Explain your answer
Marginal revenue :
2060120200300420560Marginal cost :
108210192640It is a Monopolistic market structure because marginal revenue is greater than the marginal cost.
Marginal Revenue is the increase in the revenue by selling one extra product in the market. It is calculated by the Change in revenue divided by the change in output.
Marginal cost is the change in cost by producing one extra unit of output. It is calculated by a change in cost divided by the change in units.
Monopolistic market structure is where there are multiple companies producing similar products in the market.Example for monopolistic structure can be a grocery store.
For more about Marginal revenue refer to the link:https://brainly.com/question/12231343
If a company is going to export goods to a foreign market, the production process traditionally has been handled through:
fourth-party operations.
third-party operations.
domestic operations.
home-country operations.
domestic operations
If a company is going to export goods to a foreign market, the production process traditionally has been handled through domestic operations. Domestic operations refer to the manufacturing of goods, service delivery, and customer service activities that take place within a company's home country.
It can be performed in-house or by a third-party provider. For instance, a company that produces a product in the United States and then ships it to foreign markets is performing domestic operations because the product was manufactured in its home country.
Exporting a product is one example of how domestic operations can help a company expand its business beyond its home country.Exporting goods to a foreign market is not restricted to domestic operations, but it can also be performed by third-party operators.
Nevertheless, it is not a customary practice to have fourth-party operations involved in the manufacturing of goods because it may be difficult to monitor the quality of the goods being produced by the fourth-party.
Hence, home-country operations (domestic operations) are the most usual and viable option when exporting goods to a foreign market.
For more question on foreign market
https://brainly.com/question/32149908
#SPJ8
Why might someone consider paying less than 28 percent of monthly gross income for housing? Under what
circumstances might it be necessary to pay more than 28 percent?
Someone might consider paying less than 28 percent of their monthly gross income for housing in order to have more money available for other necessary expenses, such as food, transportation, healthcare, or savings.
Under what circumstances might it be necessary to pay more than 28 percent?Keeping housing costs lower can provide a buffer in case of unexpected expenses or emergencies. It can also help individuals and families avoid being financially stretched thin and facing difficulty in making ends meet.
On the other hand, it might be necessary for someone to pay more than 28 percent of their monthly gross income for housing under certain circumstances. For example, in areas with high housing costs, such as large cities or urban areas with limited affordable housing options, it may be difficult to find suitable housing that falls within the 28 percent guideline. In some cases, paying more for housing may be necessary to secure a safe and stable living environment, especially if it is close to work or important amenities.
Furthermore, for individuals or families with high income levels or who have significant financial resources, paying more than 28 percent of monthly gross income for housing may not be a financial burden. In these cases, it may be more important to prioritize living in a desirable location or having certain amenities or features in their housing, even if it means paying more.
Ultimately, the decision on how much to spend on housing should be based on a careful consideration of individual financial circumstances, needs, and priorities.
Learn more about income from
https://brainly.com/question/28154877
#SPJ1
photocopiers were initially exported from the united states. as more and more foreign competitors entered the market, the united states began to import photocopiers. this is an example of which theory
Photocopiers which were initially exported from the US, and as more foreign competitors entered the market, the US began to importing photocopiers is an example of a product life cycle theory.
The product life cycle theory states that products go through different stages of development, including introduction, growth, maturity, and decline. The theory posits that during the introduction stage, a product is typically developed and produced in the home market, and then exported to other countries.
As the product becomes more popular and competition increases, foreign companies may begin to produce and export the product to the home market, leading to imports.
In the case of photocopiers, it is likely that the United States was the initial innovator and exporter of photocopiers, but as other countries began to develop their own photocopier technology and enter the market, the United States began to import photocopiers from these countries. This is an example of how the product life cycle theory can explain shifts in trade patterns over time.
To learn more about product life cycle visit: https://brainly.com/question/12074531
#SPJ4
Target’s all in motion clothing line provides higher-quality apparel at target-level pricing, enhancing the product’s.
Clothing line provides higher-quality apparel at target-level pricing, enhancing the product’s are perceived value
Perceived value refers to a customer's assessment of the benefits or attractiveness of a good or service, particularly in comparison to a competitor. The cost that consumers are prepared to pay for a commodity or service serves as a proxy for perceived value. Price level targeting is a technique used by central banks to implement monetary policy in which a particular level of a price index, such as the CPI, is targeted. Price level targeting adjusts depending on recent events, much like inflation targeting with a forward-looking perspective.
To learn more about perceived value visit: https://brainly.com/question/18590518
#SPJ4