1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Elena-2011 [213]
2 years ago
8

What tends to happen to a nation that increases its participation in an open economy with an international sector?.

Business
1 answer:
VARVARA [1.3K]2 years ago
6 0

Generally, nations that engage in open economies export and import products with other countries more easily.

<h3>What is an open economy?</h3>

Open economy is an economic term that refers to an economic system in which two or more countries maintain an exchange agreement of goods or services.

The open economy includes the transfers and reception of:

  • Goods.
  • Services.
  • Technologies.
  • Others.

Learn more about open economy in: brainly.com/question/13505968

You might be interested in
Last year Thomson Inc's earnings per share were $3.50, and its growth rate during the prior 5 years was 11.0% per year. If that
Semmy [17]

Answer:

10.52 years

Explanation:

We can work out the number of years using this relationship

V =P× (1+r)^n

V= tribe valeu  = 3×3.5 = 10.5

r-growth rate -11%

n- number of years- ?

10.5 = 3.5× (1.11)^n

<em>dividing both sides by 1.11^n</em>

1.11^n = 10.5/3.5

<em>taking the log of both sides</em>

n log 1.11 = log 3

n = log 3/log 1.11

n =10.52

5 0
2 years ago
you are a trust fund baby, but you cannot touch your money until you are 30. you are now 21 and want to plan for your future bas
meriva

Answer:

Explanation:

30 - 21 = 9 years

r = 3% inflation

FV = 25,000

We know that FV = PV(1+r)^n

25,000 = PV(1+0.03)^9

PV = 25,000/ 1.3047731

PV = 19,160.42, this is how much it worth today

6 0
3 years ago
At a bakery, which of the following operating characteristics might result in economies of scale? A Each oven requires one worke
MA_775_DIABLO [31]

Answer:

C. A giant mixing container costs twice as much to operate as a small one but can mix 6 times as much dough daily

Explanation:

Economies of scale refers to a state when increase in the output results out of lower average costs. The operation of such a phase results out of, the total cost getting spread over large number of units of production in the long run.

Economies of scale results when the operations of a business expand due to which a firm can buy in bulk, avail more discounts and concessions from the seller for inputs and the efficiency of the labor rises.

In the given case, if the bakery decides to purchase a giant mixing container, it might lead to economies of scale given the fact, with respect to costs, the revenues shall rise more.

Since the giant mixer is capable of mixing six times as much dough daily, it would lead to a reduction in the average cost accompanied by an increase in the output and thereby lead to economies of scale.

6 0
3 years ago
Suppose that a friend asks you to drive him to the airport this weekend so that he can catch a flight. He pays you for the gas u
galina1969 [7]

Answer:

Implicit Imputed opportunity cost of time sacrifised while airport drop .

Explanation:

My friend asking me to drop at airport, & paying costs : gas used while driving, parking cost of car - has excluded certain price giving aspects.

He has included all the Explicitly quantified costs , whose payment is made to third person - like fuel & parking.

However, he has not included the implicit cost in terms of opportunity cost i.e other things sacrifised while going to drop him. Such costs payment is although not directly made to third person, but they still reflect a 'cost' as they reflect a gain sacrifised meanwhile.

In this case, it includes time sacrifised while going to drop friend at airport. That time could be used at work, which could have monetary benefits. So, this cost is eliminated to be evaluated by my friend.

4 0
3 years ago
What should a person do if faced with a conflict between his or her ethical and social values and those of the organization?​
charle [14.2K]

Answer:

The person should do whatever impacts his/her company or organization in a good way.

Explanation:

Sometimes facing ethical decisions could be hard, but usually in business everyone is selfish.

If you have any questions feel free to ask in the comments - Mark

Also when you have the chance please mark me brainliest.

6 0
2 years ago
Other questions:
  • Competency: Communication Concepts
    7·1 answer
  • A misconception is a mistaken idea or thought.
    11·1 answer
  • The market mechanism benefits society by ensuring that ________.
    10·2 answers
  • Identify three economic activities that are replacing shifting cultivation
    10·1 answer
  • ECONOMICS - What is the 'consumer's problem'?
    15·2 answers
  • Soon after becoming the new manager of operations at the Cooper Motors, a local car dealership, Finn discovers that employees ar
    15·1 answer
  • Which of the following is the best description of
    13·1 answer
  • What was the firm's end-of-year cash balance? Recreate the firm's cash flow statement to arrive at your answer. Write out your a
    10·1 answer
  • Taylor's nominal income is $50,000 per year in Acity where the cost-of-living index is 200. Taylor is considering accepting a si
    7·1 answer
  • Bucknum Boys, Inc., produces hunting gear for buck hunting. The company’s main production departments are Molding and Finishing.
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!