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2 years ago

If the economy is opened to free trade, the price and quantity of this product sold would be_________.

1 answer:

7 0

1) If the economy is the closed equilibrium price and the amount is decided wherein the domestic demand and deliver curve intersects. here equilibrium price is Pa and the amount is X.

2) If the economic system is open to exchange equilibrium rate is a computer and the equilibrium amount is Z.

3) With unfastened change output produced via home producers is O-V. And by foreign manufacturers is Z-V.

4) With in keeping with the unit tariff charge is Pt and the whole quantity bought is Y.

5) With consistent with unit tariff quantities offered by using overseas producers is Y-W and through domestic manufacturers is O-W.

6) Per unit sales after tariff received via foreign producers is a computer and by using home producers is Pt.

7) General quantity of tariff sales = consistent with unit tariff × amount imported.

= (Pt - computer) × (y - w).

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3 years ago

Kelly Addison is a designer clothing buyer for a chain of department stores. She has gone through several negotiation certificat

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Full question:

Kelly Addison is a designer clothing buyer for a chain of department stores. She has gone through several negotiation certification programs and is considered an expert negotiator by her peers.

-When Kelly sees value in a product but does not want to pay the offered price, she often offers to split the difference between what she wants to pay and what the seller wants. Which of the following would be most likely to stall the negotiations with Kelly?

A)accepting the offer to split the difference

B)making another pricing counteroffer

C)offering better delivery and payment terms if she matches the asked price

D)standing firm on price but offering a discount for the second order

Answer:

B) making another pricing counteroffer

Explanation:

We are told that Kelly Addison is an expert negotiator and has received several negotiation certification programs. She also has a policy in which whenever she sees value in a product but does not want to pay the offered price, she splits the difference between what she wants to pay and what the seller wants.

Thus, making another pricing counteroffer may stall the negotiations with Kelly.

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4 years ago

Ida Company produces a handcrafted musical instrument called a gamelan that is similar to a xylophone. The gamelans are sold for

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Answer:

Results are below.

Explanation:

The absorption costing method includes all costs related to production, both fixed and variable. The unit product cost is calculated using direct material, direct labor, and total unitary manufacturing overhead.

The variable costing method incorporates all variable production costs (direct material, direct labor, and variable overhead).

Absorption costing:

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Unitary production cost= 180 + 340 + 51 +40.87

Unitary production cost= $610.87

Variable costing:

Unitary production cost= 180 + 340 + 51

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