with a tariff of $10 a blouse on imported silk blouses from china, the revenue the government would collect from the import of silk blouses from china would be:
Answers
$7,000 A number of states have a minimum wage that is higher than the federal minimum.
What happens at the equilibrium price?
When the price balances and the quantity provided and demanded are equal, a market is said to be in equilibrium. Price will be forced lower if there is a surplus when it exceeds the level of equilibrium. When the price balances and the quantity provided and demanded are equal, a market is said to be in equilibrium.
How do you calculate import tariff?
Subtract the worth of the items from the freight, insurance, and any other expenditures, then multiply the result by the duty rate. The duty that must be paid to Customs for your cargo is the outcome.
Hence $7,000 is a correct answer.
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Related Questions
The CFO of James Jeans Co. has asked you to perform an analysis to assess how the company is performing relative to its two largest competitors. Which vertical analysis approach will provide the most effective evaluation to the CFO
Answers
The vertical analysis approach that will provide the most effective performance evaluation of James Jeans Co. and its two largest competitors is Option B.
What is a vertical analysis?A vertical analysis is a financial statement analysis with each line item listed as a percentage of the base figure from the financial statement.
For example, the vertical analysis calculates the balance sheet percentage by dividing each asset line item by the total assets.
Answer Options:A. Review the stock price performance of the three companies over the last several years and the Wall Street Analyst buy/sell recommendations: compare debt ratings: review messages on key business websites and blogs to learn what is being said about the company and competitors.
B. Calculate cost of goods sold, selling and administrative expenses, and net income as a percentage of net sales for James Jeans and the two largest competitors; draw conclusions from these results and highlight similarities and differences.
C. Identify the structure of the sales and marketing team of each company, gather information about customer product reviews, and review product warranty claims to understand the comparative performance.
D. Analyze the size of each company's balance sheet and income statement accounts by calculating how much larger or smaller the competitors are compared to James Jeans Co. summarize observations about what might be the reasons for these size differences.
Thus, the vertical analysis approach that will provide the most effective performance evaluation of James Jeans Co. and its two largest competitors is Option B.
"Calculate the cost of goods sold, selling and administrative expenses, and net income as a percentage of net sales for James Jeans and the two largest competitors; draw conclusions from these results and highlight similarities and differences."
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Why are credit cards excluded from the measure of the nation's money supply?
A) Because debt continues to accrue as the credit card is used
B) Because money is not moved until the debt is paid
C) Because there are few spending controls on credit cards
D) Because credit cards represent a convenience, not a service
Answers
The reason that credit cards excluded from the measure of the nation's money supply is option A) Because debt continues to accrue as the credit card is used.
Why are credit cards counted in the money supply?Using a credit card to apply for a short-term loan from the financial institution that issued the card is a convenient option. Credit cards merely delay or postpone the payment for a little period; you pay this loan back over time with regular installments from your checking accounts.
Therefore, The Federal Reserve incorporates financial assets like cash and deposits when determining the money supply. Credit card debts, on the other hand, are liabilities. Each time you use your credit card, the credit card company issues you a new loan. The loan must eventually be repaid with a financial asset—money.
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The total factory overhead for Big Light Company is budgeted for the year at $807,500. Big Light manufactures two different products - night lights and desk lamps. Night lights is budgeted for 60,000 units. Each night light requires 1/2 hour of direct labor. Desk lamps is budgeted for 80,000 units. Each desk lamp requires 2 hours of direct labor. Determine the total number of budgeted direct labor hours for year.
Answers
Answer:
Explanation:
Budgeted direct labor hour is defined as the average time it will take to complete a budgeted production . This is calculated by multiplying the budgeted production by the labor hour per unit of production.
Workings
Total overhead budget = 807,500
Night light budgeted production = 60,000
Desk lamp budgeted production= 80,000
Night lamp production = 1/2 hour / unit
Desk lamp production = 2 hour / unit
Night light budgeted hour = 60000*1/5 = 30,000 hours
Desk lamp budgeted hour = 80,000 * 2 = 160,000 hours
Total number of budgeted direct labor hours = 190,000 hours
which country uses a franc as its basic monetary unit?
Answers
Answer:
Franc, originally a French coin but now the monetary unit of a number of countries, notably Switzerland, most French and former Belgian overseas territories, and some African states; at one time it was also the currency of France, Belgium, and Luxembourg.
Discuss the relationship between trade and management
Answers
Trade is a basic economic concept involving the buying and selling of goods and services, with compensation paid by a buyer to a seller, or the exchange of goods or services between parties. Trade can take place within an economy between producers and consumers. International trade allows countries to expand markets for both goods and services that otherwise may not have been available. It is the reason why an American consumer can pick between a Japanese, German, or American car. As a result of international trade, the market contains greater competition and therefore, more competitive prices, which brings a cheaper product home to the consumer.
am I correct? if not lmk the answer please
Answers
A patent owner cannot exclude others from _____ his or her invention.
a. licensing
b. selling
c. making
d. improving upon
Answers
Answer:
D. Improving upon
Explanation:
Whose permission do you need to write or arrange pieces that are Traditional or in the Public Domain? I said copyright owner but my teacher says I’m wrong
Answers
Answer:
Explanation:
She's right, but you have a nice thought. It is always a good idea to try to give credit where credit is due.
Public Domain refers to written material that no one has a lien on. No one owns the copywrite. No one holds any claim on the material at all. So there is no need to try and get permission because no one is listed to get the permission from.
If you have a cell phone that does just about everything but make coffee in the morning, you can download an app called free books. Some are very good. They are all in public domain.
how do you find your claimant id number for unemployment
Answers
Answer:
The Claimant ID can be found in the upper-right of the UI Finding letter, as well as other letters received from IDES. Fraud victims can use the information from a fraudulent UI Finding letter to report the case to IDES.
Explanation:
hope this helps you if it does please mark brainliest
a retailer that uses an everyday low pricing (edlp) strategy is attempting to limit the customer information search to the retailer’s offering. uses the multiattribute attitude model for fixing product prices. relies on discount coupons to persuade customers to return to their stores. focuses more on economy rather than assortments. creates low prices through the use of sales promotion
Answers
The retailer described in the question is implementing an everyday low pricing (EDLP) strategy. This means that they are consistently offering low prices on their products instead of using frequent sales or discounts. The goal of this strategy is to limit the customer's need to search for information about prices elsewhere, as the retailer is offering competitive prices consistently.
To fix product prices, this retailer uses the multiattribute attitude model. This model takes into account various attributes of the product, such as quality, features, and brand reputation, to determine the price. By considering these attributes, the retailer can set prices that align with customer preferences and expectations.
In order to encourage customers to return to their stores, this retailer relies on discount coupons. These coupons provide customers with a financial incentive to make repeat purchases, helping to build customer loyalty and increase the likelihood of future sales.
This retailer focuses more on economy rather than assortments. This means that they prioritize offering a wide range of economical or budget-friendly products rather than a diverse selection of different products. By focusing on economy, the retailer aims to attract price-conscious customers who prioritize affordability over a wide assortment of options.
Lastly, this retailer creates low prices through the use of sales promotions. Sales promotions are temporary marketing tactics that offer discounts or special deals on products. By using these promotions, the retailer can reduce prices temporarily and attract customers who are seeking discounted prices.
In summary, the retailer implementing an everyday low pricing (EDLP) strategy focuses on consistently offering low prices to limit customer information search. They use the multiattribute attitude model to fix product prices, rely on discount coupons to encourage customer return, prioritize economy over assortments, and create low prices through the use of sales promotions.
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A retailer that uses an Everyday Low Pricing (EDLP) strategy focuses on providing consistent low prices to customers. They limit the customer's information search to their own offerings, use the multiattribute attitude model to determine product prices, rely on discount coupons to encourage customer loyalty, prioritize economy over a wide range of products, and create low prices through sales promotions.
1. Everyday Low Pricing (EDLP) Strategy: This strategy involves setting prices consistently low, eliminating the need for customers to search for better deals elsewhere. The retailer aims to offer competitive prices consistently, rather than relying on temporary discounts or sales.
2. Limiting Customer Information Search: By employing an EDLP strategy, the retailer wants to make it convenient for customers to shop exclusively at their store. By consistently providing low prices, customers are less likely to spend time comparing prices at different retailers.
3. Multiattribute Attitude Model: This model helps the retailer determine the appropriate prices for their products. It involves considering various attributes of a product, such as quality, features, and benefits, and how these attributes influence customer perception and willingness to pay. The retailer uses this model to set prices that align with the perceived value of their products.
4. Relying on Discount Coupons: To encourage customer loyalty and repeat purchases, the retailer relies on discount coupons. These coupons provide additional savings to customers, making them more likely to return to the retailer's store for future purchases.
5. Focus on Economy over Assortments: The retailer prioritizes offering products at affordable prices, focusing more on economy rather than providing a wide variety of product assortments. This approach appeals to customers who prioritize saving money over having a wide selection of choices.
6. Low Prices through Sales Promotion: The retailer creates low prices through the use of sales promotions. This could involve temporary discounts, special offers, or limited-time promotions to attract customers and incentivize purchases.
Overall, a retailer using an EDLP strategy aims to provide consistent low prices, limit customer information search to their offerings, use the multiattribute attitude model to set prices, rely on discount coupons for customer loyalty, prioritize economy over a wide range of products, and create low prices through sales promotions.
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which curve reflects the probable speed distribution for ne(g) at 500k, if curve 3 is the distribution at 298 k?
Answers
Because the greatest number of molecules have the speed at the top of the curve, it is referred to be the most probable speed.
Introduction
The motion of a molecule in an ideal gas under a certain set of circumstances is ascertained using the kinetic molecular theory. It is, however, impossible to determine the velocity of every molecule at every point of time when observing a mole of a perfect gas. Therefore, to ascertain the number of molecules travelling between velocities v and v + dv, the Maxwell-Boltzmann distribution is applied. Assuming that the one-dimensional distributions are distinct from one another and that the x velocity is unaffected by the y or z directions, we can consider the Maxwell-Boltzmann distribution as an example
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9 48. The stages of human development are: 1.Clear and distinct 2.Varied from person to person 3.Easily navigated 4.Only physical traits
Answers
Answer:
2. VARIED FROM PERSON TO PERSON
Explanation:
Brittany is choosing the type of media for a new promotional campaign for Halls cough drops. She knows that each type of media has both benefits and disadvantages. She is considering the Internet as a form of media. Which of the following is not a disadvantage of the Internet as a promotional medium?A) Costs of precise targeting are high.B) Effects of promotion can be difficult to measure.C) There are concerns about privacy.D) The message must be short and simple.E) There are concerns about security.
Answers
Answer: D) The message must be short and simple
Explanation:
As the world evolves and new development takes place, the internet has become an advertising tool used in marketing. Even though it's effective in reaching out to the customers, it has disadvantages such as high costs, the promotion effects can be difficult to measure, privacy and security issues.
The advantage in the question given is that the message must be short and simple.
Which factor plays the biggest role in motivating economic decisions in a
market economy?
O A. Corruption in the leadership of powerful groups
O B. Commitment to maintaining a traditional lifestyle
O C. Competition between different businesses
D. Cooperation between governments and citizens
Answers
Cooperation between governments and citizens: plays the biggest role in motivating economic decisions in a market economy. Thus, option D is the correct option.
What Is a Market Economy?A market economy is a kind of capitalism in which a nation's companies and residents interact to determine economic policy and the cost of products and services. Although there may be some central planning or government interference, this phrase often denotes a more generally market-oriented economy.
The majority of economic decisions in a market economy are made through voluntary transactions that follow the rules of supply and demand. In a market economy, entrepreneurs are free to pursue profit by producing outputs that are worth more than the inputs they use, or, if they choose not to, to fail and close their doors. The forces of supply and demand are used in market economies to set the right prices and quantities for the majority of products and services.
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Which of the following is one of the categories of artifacts of organizational culture? Conscious beliefs Physical structures Nonconscious beliefs Shared assumptions Judgments about what is good or bad Which merger strategy is preferred when the acquired firm has a weak culture and acquiring firm's culture is strong? Separation Integration Deculturation Assimilation Division
Answers
Nonconscious beliefs is one of the categories of artifacts of organizational culture. One of the categories of artifacts of organizational culture is option three, Nonconscious beliefs.
It is one of the most basic categories of artifacts of organizational culture. It is extremely challenging to recognize and comprehend it as it involves the emotions, beliefs, assumptions, values, and attitudes of the employees. This category is mostly visible in the norms, attitudes, and values of the employees, and it is a critical factor in forming the culture of an organization. When the acquired firm has a weak culture and acquiring firm's culture is strong, then the preferred merger strategy is Assimilation. Merger is the process of combining two or more firms into a single entity, and it can be done in four different ways. The four types of merger strategies are separation, integration, deculturation, and assimilation. When the acquired firm has a weak culture and acquiring firm's culture is strong, then the preferred merger strategy is Assimilation. It means the employees of the acquired firm are expected to embrace the culture of the acquiring company, and the new employees must be assimilated into the organization's existing culture. In this merger strategy, the acquiring firm has complete control over the decision-making process and can choose the path of integrating or rejecting the assets and liabilities of the acquired firm.
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The following information relating to property plant and equipment was extracted from the accounting records of Fred’s Transport for year ended 28 February 2022;
1. Balances at 28 February 2021:
- Equipment at cost R 56 000
- Accumulated depreciation: equipment R 10 860
- Vehicles at cost R560 000
- Accumulated depreciation: vehicles R285 360
2. The following transactions in respect of property, plant and equipment took place during the current financial year:
2.1 An old vehicle was sold on 31 August 2021 for R144 000 cash. The cost price of the vehicle sold was R240 000, and its accumulated depreciation amounted to R120 100 on 1 March 2021. The proceeds from the sale of the vehicle was used to partially finance the purchase of another vehicle for R440 000 bought on 1 September 2021.
2.2 On 28 February 2022 sold used equipment for R14 400 cash. The accumulated depreciation on this equipment was R3 280 at 1 March 2021. The cost price of the equipment was R18 000.
3. Depreciation must still be provided for as follows: • Equipment at 10% per year on the diminishing balance method, and • Vehicles at 20% per year on the straight line method.
4. The financial year ends on the last day of February.
Required: Prepare the property, plant and equipment note to be attached to the financial statements for Fred’s Transport for the year ended 28 February 2022. Show the cost, accumulated depreciation and the carrying amount of the disposed assets in the property, plant and equipment note. You may omit the total column. Show all workings. Round off all calculations to the nearest whole number
Answers
The Property, Plant, and Equipment (PPE) note for Fred's Transport as of February 28, 2022, shows the cost, accumulated depreciation, and carrying amount of equipment and vehicles. It also includes information on additions, disposals, and depreciation for the year. The total carrying amount of PPE is 769,530 R.
Property, Plant and Equipment note for Fred’s Transport as at 28 February 2022:Cost Accumulated depreciation Carrying amount Equipment Vehicles Equipment Vehicles Equipment Vehicles R R R R R R Balances at 28 February 2021 56 000 560 000 10 860 285 360 45 140 274 640 Additions 440 000 – – – 440 000 – Disposals – (240 000) (120 100) – (119 900) 240 000 – (18 000) (3 280) (14 400) – (4 820) (14 400) Depreciation for the year (5 600) (112 000) 5 110 21 200 (60 350) (325 160) Balances at 28 February 2022 472 400 318 760 15 070 306 560 457 330 12 200 Total carrying amount of property, plant and equipment 769 530 Note:1. Old vehicle sold on 31 August 2021:Cost of vehicle sold R240 000 Less: Accumulated depreciation (R120 100) Book value of vehicle sold R119 900 Proceeds from the sale of vehicle sold R144 000 Gain on sale of vehicle sold R24 100Journal entry on 31 August 2021: Cash 144 000 Accumulated depreciation - Vehicle 120 100 Motor vehicles 240 000 Gain on sale of vehicle 24 1002. Used equipment sold on 28 February 2022:Cost of equipment sold R18 000 Less: Accumulated depreciation (R3 280) Book value of equipment sold R14 720 Proceeds from the sale of equipment sold R14 400 Loss on sale of equipment sold R320Journal entry on 28 February 2022: Bank 14 400 Accumulated depreciation - Equipment 3 280 Loss on sale of equipment 320 Equipment 18 000
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Why is it important not to form cliques with friends or ignore or leave out team members that you are not close to you personally
Answers
Answer:
This behavior can create divisions on the team.
Explanation:
i had the same test
Cliques can undermine one's sense of self and make it more difficult for your youngster to comprehend their likes and dislikes. They might discover that they simply follow the crowd instead. As the temptation to belong grows, they might even struggle with moral choices.
What important not to form cliques with friends or ignore?People are drawn to cliques for a variety of reasons. For some, achieving social status through being popular or cool is paramount, and cliques provide them with a venue for doing so. Others desire membership in cliques because they dislike feeling excluded.
There are several ways that the way members of a clique perceive information can affect other members more than if they had heard the same information from a different source.
Therefore, By influencing the emotions, beliefs, or behaviors of group members, a clique may prevent external social influence.
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firms may experience diseconomies of scale when a. they are too small to take advantage of specialization. b. there are too few employees, and managers do not have enough to do. c. average fixed costs begin to rise again. d. large management structures are bureaucratic and inefficient.
Answers
Firms may experience diseconomies of scale when large management structures are bureaucratic and inefficient.
Option D is correct.
Diseconomies of scale occur when a company or business becomes very large and the cost per unit increases. It happens when economies of scale stop working for a company.
Why do companies experience diseconomies of scale?Cause of diseconomies of scale. Disadvantages of scale can result from several factors, including broken communication, lack of motivation, lack of coordination, and loss of focus between management and employees. Diseconomies of scale occur when production is scaled past a point of efficiency and unit costs begin to rise instead of falling. In the case of diseconomies of scale, an increase in production has a negative impact as the marginal cost also increases.
Who is Experiencing Uneconomical Scales?In economics, the term diseconomies of scale describes the phenomenon that occurs when firms experience increasing marginal costs per additional unit of production. It's the opposite of economies of scale.
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A company's value chain Multiple choice question. is not analytically useful if it is a non-manufacturing company. includes only the company's supply chain management activities that add value for customers. includes only the primary activities that the company performs. identifies the company's internal activities that create value for customers.
Answers
Answer:
identifies the company's internal activities that create value for customers.
Explanation:
A value chain is a business model that shows the activities in the full range required for developing the product or service. Here the motive of value chain analysis is to rise the production efficiency so that the company is able to delivered the maximum value at the lesser cost
Also, it identified the internal activities of the company that could develop and add the value to the customers
what is net income and how do you calculate it?
Answers
Answer:
net income is the amount an individual earns after subtracting taxes and other deductions from gross income.
CALCULATION
-----------------------------------------++---------------------
the amount of revenue left after subtracting all expenses, taxes and costs.
when economists talk about "optimal outcomes" in the marketplace, they mean that
Answers
When economists refer to "optimal outcomes" in the marketplace, they are referring to a scenario where the allocation of resources and goods results in the highest possible level of satisfaction or utility for all parties involved.
In such a scenario, the market is said to be efficient, and resources are allocated in a way that maximizes overall social welfare.
To achieve optimal outcomes, economists argue that markets must be allowed to operate freely and without interference from government or other external factors. This means that prices must be determined by supply and demand, and that individuals and firms must be free to compete with one another in order to offer the best goods and services at the lowest possible prices.Of course, achieving optimal outcomes is not always possible, and there are a number of factors that can disrupt the efficient operation of markets. These can include externalities (such as pollution or other negative side effects of production), information asymmetry (where one party has more information than the other), and market power (where a single firm or group of firms has too much control over the market).Despite these challenges, economists continue to argue that the pursuit of optimal outcomes is essential for maximizing social welfare and promoting economic growth and development. Ultimately, the goal is to create a marketplace that operates in the most efficient way possible, ensuring that everyone involved is able to benefit from the exchange of goods and services.Know more about the optimal outcomes
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Which of the following choices incur speculative risk?
a.stocks
b.fire insurance on a house
c.options
d.life insurance
e.high interest savings account
Answers
Answer: correct option is A.
Explanation: A speculative risk can be defined as risk that is taken willingly either it results in profit or loss and the stocks involve in probability of gain and loss making it a speculative risk.
Stocks incur speculative risk. Therefore option A is correct.
What are Stocks?A stock usually referred to as equity, is a type of investment that denotes ownership in a portion of the issuing company. Shares, also known as units of stock, entitle their owners to a share of the company's assets and income in proportion to the number of shares they possess.
Common stock and preferred stock are the two primary categories of stocks.
Owners of common stock are entitled to dividends and the right to vote at shareholder meetings.
Common stockholders often do not have voting rights, while preferred stockholders typically get dividend payments ahead of time and are given preference over common investors in the event of a firm bankruptcy and asset liquidation.
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Mark and Addison formed a partnership. Mark received a 25% interest in partnership capital and profits in exchange for land with a basis of $40,000 and a fair market value of $60,000. Addison received a 75% interest in partnership capital and profits in exchange for $180,000 of cash. Three years after the contribution date, the land contributed by Mark is sold by the partnership to a third party for $76,000. How much taxable gain will Mark recognize from the sale
Answers
Answer:
$24,000
Explanation:
Calculation to determine How much taxable gain will Mark recognize from the sale
Mark allocated precontribution gain $20,000
($40,000-$60,000)
Add Post contribution gain $4,000
($60,000-$76,000*25%]
Taxable gain $24,000
($20,000+$4,000)
Therefore How much taxable gain will Mark recognize from the sale is $24,000
Which best describes the facilities involved in the Healthcare cluster?
Some facilities are privately owned, some are funded and run by the government, and some are run by nonprofit organizations.
Some facilities are privately owned businesses that are owned by people who want to make money, and some facilities are nonprofit hospitals.
Most facilities are funded by taxes and run by the government, while a small few are privately owned facilities run by people who want to make money.
Many facilities are nonprofit clinics with the rest of the facilities owned and operated by private individuals to make a profit.
Answers
Answer: (C) Most facilities are funded by taxes and run by the government, while a small few are privately owned facilities run by people who want to make money.
Answer:
C. government
what is my profit margin ratio if my net income is $294 and my net sales is $3800
Answers
Answer:
Explanation: Net Sales = $3800
Net income= $294
Profit margin ratio= Net income/Net sales x 100
=$294/$3800 x 100
=7.73%
Assigning Responsibility Definition
The process of giving the authority to a team member, which indicates that that individual will conduct a particular action, is known as assigning responsibility.
Answers
The process of authorizing team members and indicating that they will perform certain actions is called assigning responsibilities.
Pros of assigning responsibilities:
Efficiency – The benefit of assigning responsibilities to team members increases the efficiency of the work they perform.
Assigning responsibilities to team members eliminates the question of what role each member should play.
Productivity – Another benefit of assigning responsibilities is increased productivity. Productivity often increases after assigning responsibilities.
Morale - The most important benefit of assigning responsibilities is that each team member feels good about themselves. As a result, each team member invests more in the processes they are responsible for.
Cons of assigning responsibilities:
Conflicts of misunderstanding – A major drawback of assigning responsibility is the conflicts that can arise from misunderstandings.
Lack of Commitment – Another drawback of assigning responsibilities is that team members may show no interest in the task or may be preoccupied with personal concerns.
Risk of Bad Outcomes – Assigning responsibility can also lead to bad outcomes.
When team members have responsibilities outside of their tasks, they may not be able to focus on their tasks and perform at their best.
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In an advertisement, a statement by a user about the benefits he or she received is called a _____.
A.testimonial
B.storyboard
C.unique selling proposition
D.visual element
Answers
Answer:
A. Testimonial
Explanation:
A testimonial typically refers to the the experience a person has with the product or service. It usually contains positives, but also can have negatives as well.
~
Answer:
Testimonial
Explanation:
You may need to use the appropriate appendix table to answer this question.
Given that z is a standard normal random variable, find z for each situation. (Round your answers to two decimal places.)
(a) The area to the left of z is 0.9750.
(b) The area between 0 and z is 0.4750.
(c) The area to the left of z is 0.7486.
(d) The area to the right of z is 0.1210.
(e) The area to the left of z is 0.7088.
(f) The area to the right of z is 0.2912.
Answers
To find the values of z for each situation, we can use a standard normal distribution table or a calculator with a built-in function for the standard normal distribution. Here are the calculations:
(a) The area to the left of z is 0.9750.
Using a standard normal distribution table or a calculator, we find that z ≈ 1.96.
(b) The area between 0 and z is 0.4750.
To find the z-value for an area of 0.4750, we need to find the z-value for half of this area. Half of 0.4750 is 0.2375. Using a standard normal distribution table or a calculator, we find that z ≈ 0.73.
(c) The area to the left of z is 0.7486.
Using a standard normal distribution table or a calculator, we find that z ≈ 0.69.
(d) The area to the right of z is 0.1210.
Since the area to the right is given, we need to find the z-values for the area to the left of 1 - 0.1210 = 0.8790. Using a standard normal distribution table or a calculator, we find that z ≈ 1.17.
(e) The area to the left of z is 0.7088.
Using a standard normal distribution table or a calculator, we find that z ≈ 0.54.
(f) The area to the right of z is 0.2912.
Since the area to the right is given, we need to find the z-value for the area to the left of 1 - 0.2912 = 0.7088. Using a standard normal distribution table or a calculator, we find that z ≈ -0.54.
Rounding the values to two decimal places, the solutions are:
(a) z ≈ 1.96
(b) z ≈ 0.73
(c) z ≈ 0.69
(d) z ≈ 1.17
(e) z ≈ 0.54
(f) z ≈ -0.54
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the heckscher-ohlin theory of international trade focuses on blank when explaining what a country chooses to export. multiple choice question. labor productivity factors of production geographic location forecast models
Answers
The Heckscher Ohlin theory of international trade focuses on factors of production when explaining what a country chooses to export.
The Heckscher-Ohlin model offers a mathematical justification for how a country ought to manage its resources and carry out intergovernmental trade. It pinpoints the ideal balance between two countries, each with their unique resources.
The trading of products is not restricted in the model. Additional production considerations, such labour, are also included. The idea is that as labour costs vary from nation to nation, those with low labour forces should focus primarily on producing goods that need a lot of labour. Some countries have large oil reserves but very little iron ore. However, some countries produce little agriculture but have easy access to and storage for valuable metals.
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Use the following information to answer this question. Kim decides to quit her old job that paid $1,000 a month to open a flower shop in downtown Lexington. Suppose she opens her shop in a building she owns, which she could be renting out to someone else for $1,000 a month. In addition, A to Z Rental required her to sign a one year lease on the coolers needed for her shop and the rent is $200 a month. Hiring three assistants costs her $1,800 a month. Finally, the flowers, vases and other material needed for making flower arrangements average $5,000 a month.
Kim’s long run fixed costs are:
$ __________ per month
Answers
Answer:
$0
Explanation:
According to the scenario, computation of the given data are as follows,
Fixed costs are linked with fixed inputs, which do not fluctuate and remain constant in the short term.
The long run is a time during which all of the inputs are transformed into variables cost.
Hence, in long run, Kim's fixed cost will be $0.