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Tpy6a [65]
2 years ago
11

Over time, the average consumer will be better off from reduced trade barriers by ________

Business
1 answer:
topjm [15]2 years ago
6 0

Over time, the average consumer will be better off from reduced trade barriers by lower prices.

  • Comparative advantages allow countries to manufacture the goods at which they are experts.
  • A is skilled at making delicious wine, and they can do so for less money than B while still creating a wine of higher quality.
  • When trade obstacles are lowered, wine from country A will be sold in country B, customers will have more wine options available to them, and prices will be substantially less different than they are when strong barriers are in place.

Learn more about the average consumer  here brainly.com/question/14285371

#SPJ4.

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vWhat are the most likely consumer market segments for robots? Which consumer characteristics would be important to determine th
PolarNik [594]

Answer:

1- The most relevant segments are young adults between 20-30 years old who generate their own resources because the robots would be expensive.

2- The most outstanding characteristics of consumers would be:

  • People who like technology.
  • That their income level reaches to acquire a robot.
  • That they are adaptable people to the changes

3- Company robots for home cleaning, complete cleaning and cooking could be created.

8 0
3 years ago
Marin Company in its first year of operations provides the following information related to one of its available-for-sale debt s
KonstantinChe [14]

Answer:

Explanation:

Available for sale securities are required to be reported at fair value.

Hence the difference between amortized cost and fair value is required to be transferred to other comprehensive income.

The amount of credit loss that Marin should report on this available for sale security at 31-12-2020

= $52,000 - $44,000

= $8,000

8 0
3 years ago
If you owned a business what would be the way to protect your personal assets from liablity?
inysia [295]

Answer:

When you form an LLC, you establish a new business entity that's legally separate from its owners. This separation provides what is called limited liability protection. As a general rule, if the LLC can't pay its debts, the LLC's creditors can go after the LLC's bank account and other assets.Sep 4, 2020

7 0
3 years ago
We say that the economy as a whole is in macroeconomic equilibrium if:
Serga [27]

For the economy as a​ whole, macroeconomic equilibrium if the total​ spending, or aggregate​ expenditure, equals total​ production, or​ GDP: Aggregate Expenditure​ = GDP.

Macroeconomic equilibrium happens when the quantity of real GDP demanded equals the amount of actual GDP provided at the point of intersection of the ad curve and the AS curve. If the amount of actual GDP provided exceeds the amount demanded, inventories pile up in order that corporations will reduce production and expenses.

Macroeconomic equilibrium is a situation within the economy in which the amount of combination called for equals the quantity of aggregate supply. If there are changes in both aggregate call for or mixture deliver, you can additionally see a trade-in rate, unemployment, and inflation.

The amount of output furnished may be extra than the mixture demand. charges will begin to fall to dispose of the surplus output. As fees fall, the amount of combination demand will increase and the economy returns to equilibrium.

Learn more about macroeconomic equilibrium here: brainly.com/question/1971734

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5 0
2 years ago
Suppose that a firm’s marginal production costs are given by MC = 10 + 4Q. The firm’s production process generates a toxic waste
SCORPION-xisa [38]

Answer:

A) Marginal private cost= 50

B) Total Marginal social cost to society = 70

Explanation:

A) In order to find the marginal private cost we will use the firms production cost formula as it is the private cost that the firm is enduring and is only relevant to the firm's cost and not the society's cost.

In order to find the marginal unit cost of the 10th unit produced will will replace Q in the formula by 10 as it represents quantity.

MC= 10 + 4Q

MC= 10 + 4(10)

MC= 10 +40 = 50

B) In order to find the marginal cost to society we will add the marginal external cost of the 10th unit to its private cost. We already know the marginal private cost is 50 now we need to find the marginal external cost to it to find the total marginal cost.

Marginal external cost = 2Q

Q= 10

Marginal external cost = 2*10 =20

The total Marginal cost to society= 50 + 20= 70

3 0
3 years ago
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