All categories

2 years ago

Question 1 (1 point) Which of these is not expected when international trade occurs?

Business

1 answer:

Triss [41]2 years ago

7 0

Answer:

This is incomplete, I need the options to be able to answer this question

You might be interested in

The deadweight loss from a tax is likely to be greater with a good that has Select one: a. many substitutes. b. an inelastic dem

Lorico [155]

The deadweight loss from a tax is likely to be greater with a good that has many substitute.

<h3>What is deadweight loss?</h3>

This refers to scenario, tax imposed create loss of economic sufficiency; when the supply of goods and services aren't met.

Dead weight loss is the inefficiency that occurs when the market is not in equilibrium.

Learn more about deadweight loss here: brainly.com/question/26362939

#SPJ1

3 0

2 years ago

Illinois Company is attempting to develop the cost function for repair costs. The following past data are available: Machine Hou

Harlamova29_29 [7]

Answer:

$480

Explanation:

Data provided in the question:

Machine Hours Repair Costs

2,400 $6,385

1,200 $3,480

2,000 $5,285

3,400 $8,980

Now,

Machine Hours Repair Costs

Highest 3,400 $8,980

Lowest 1,200 $3,480

Difference 2,200 $5,500

Unit variable cost = $5,500 ÷ 2,200

= $2.5

Total cost at high level = $8,980

Machine hours highest level = 3,400

Also,

Total cost at high level = Fixed cost + Variable cost at highest level

$8,980 = Fixed cost + [ $2.5 × 3,400 ]

Fixed cost = $8,980 - [ $2.5 × 3,400 ]

= $8,980 - $8,500

= $480

7 0

3 years ago

If the inflation rate decreased from 3.33% to 2.90% between October and November, while the nominal interest rate increased from

Rudiy27

Answer:

1.90%

Explanation:

There is the accordance or connection between nominal and real interest rates. It is basically possible to convert from nominal interest rates to real interest rates. According to the Fisher, there is a equation that's called the Fisher Equation:

Real interest rate ≈ nominal interest rate − inflation rate.

On our example,

Inflation rate in October- 3.33%

Inflation rate in November- 2.90%

Nominal interest rate in October- 4.75%

Nominal interest rate in November- 4.80%

In October,

Real interest rate=4.75%-3.33%=1.42%

In November,

Real interest rate=4.80%-2.90%=1.90%

As a result, we see that there is 1.90% real interest rate in November and the real interest rate has increased 0.48% in November compared to October.

7 0

3 years ago

Read 2 more answers

Theo is injured at work and files a workers' compensation claim, which is administered by the workers' compensation agency in hi

mixas84 [53]

Because the judge has the final answer because Theo waved his right for a trial

3 0

3 years ago

can produce two types of light fixtures, the indoors model and the outdoors model. if the total sales are expected to be 21,050

mars1129 [50]

Answer:

$1,000,000

Explanation:

The computation is shown below:

<u> Particulars Indoors Model Outdoors Model Total </u>

No of Units

(21,050 in ratio 2:3) 8,420 12,630 21,050

Sales 1,263,000 2,778,600 4,041,600

Less: Variable costs 168,400 505,200 673,600

Contribution margin 1,094,600 2,273,400 3,368,000

Less: Fixed costs

(2,160,000 + 208,000) 2,368,000

Operating Income 1,000,000

7 0

3 years ago