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
Brums [2.3K]
1 year ago
3

Under this economic model a country strives to create a favorable balance of trade, in which the value of its exports is greater

than the value of its imports.
Business
1 answer:
Vitek1552 [10]1 year ago
8 0

Under this economic model, a country strives to create a favorable balance of trade, in mercantilism the value of its exports is greater than the value of its imports.

Trade refers back to the voluntary alternative of goods or services among unique financial actors. for the reason that parties are under no duty to trade, a transaction will handiest arise if both parties take into account it is useful to their pastimes.

Trade is described as the overall marketplace of purchasing and selling items, the manner you make a living or the act of exchanging or shopping for and promoting something. An example of change is the tea trade where tea is imported from China and acquired in the US. An instance of alternate is while you work in income.

Learn more about Trade here: brainly.com/question/15115779

#SPJ4

You might be interested in
At a production and sales level of 3,000 units, Bastion Company incurred $60,000 of fixed cost and $36,000 of variable cost. Whe
Dominik [7]

Answer:

$27 per unit

Explanation:

Given that,

At production and sales level of 3,000 units,

Fixed cost = $60,000

Variable cost = $36,000

Variable cost per unit:

= Variable cost ÷ No. of units produced and sold

= $36,000 ÷ 3,000

= $12 per unit

Hence,

At production and sales level of 4,000 units,

Total cost:

= Fixed cost + Variable cost

= $60,000 + (4,000 units × $12 per unit)

= $60,000 + $48,000

= $108,000

Therefore, the company's cost per unit is as follows;

= Total cost ÷ No. of units

= $108,000 ÷ 4,000

= $27 per unit

4 0
3 years ago
Sutton Enterprises makes gadgets using a two-step process that involves machining and assembly, respectively. During the period,
MaRussiya [10]

Answer:

Total equivalent units= 11,890

Explanation:

Giving the following information:

Assembly Department completes 10,200 gadgets and transfers them to Finished Goods Inventory.

The Assembly Department has 2,600 gadgets in the process that are 65% complete for conversion.

<u>To calculate the equivalent units, we need to multiply the % complete for the number of units started:</u>

Units completed= 10,200

Units in ending inventory= 2,600*0.65= 1,690

Total equivalent units= 11,890

5 0
4 years ago
Miller Company has a subsidiary located in Saudi Arabia. In order to reduce economic exposure, Miller restructured its operation
ICE Princess25 [194]

Answer:

Miller has virtually eliminated its economic exposure regarding the Saudi Arabian subsidiary.

Explanation:

Exposure is defined as the amount of money that is invested in a particular business venture that can be lost in case of unfavourable performance.

It is expressed in monetary terms or as a percentage of investment portfolio.

Miller has ensured economic exposure is reduced by borrowing heavily in Saudi riyal. This results in only a small amount being invested directly by Miller in the Saudi subsidiary.

The money generated is used to service the loan, resulting in zero cash flow to Miller.

In this scenario Muller has virtually eliminated its economic exposure regarding the Saudi Arabian subsidiary.

5 0
4 years ago
Read 2 more answers
"carol really doesn't like her new boss and is not happy with the new tasks she's been assigned and the long hours she's been wo
tino4ka555 [31]

Carol is likely to have a low job satisfaction. Job satisfaction is being defined as the content of an individual in regards to a job that the individual is in to. By which based on the scenario, it could be seen that Carol has low job satisfaction by which she isn’t satisfied.

3 0
3 years ago
Shirts are made in a process with two resources. The first resource has a capacity of 35 shirts per hour. The capacity of the se
nlexa [21]

Total labor content is 4.2143 min per shirt.

<h3>What do you mean by labor content?</h3>

The sum of all the process stages' individual times is known as the total labor content. For instance, if a procedure has two steps that each take 20 seconds, the total labor time is 40 seconds. Cycle time minus processing time is the definition of idle time.

Capacity of resource 1=35 shirts / hour

Time taken per shirt at resource 1=60 / 35=1.7143 minutes

Capacity of resource 2=24 shirts / hour

Time taken per shirt at resource 2=60 / 24=2.5 minutes

Therefore,

Total labor content = Time taken per shirt at resource 1+ Time taken per shirt at resource 2=1.7143+2.5=4.2143 minutes per shirt

Disclaimer

Shirts are made in a process with two resources. There is one worker in eachresource. The first resource has a capacity of 35 shirts per hour. The capacity of thesecond resource is 24 shirts per hour. Demand for this process is 20 shirts per hour. What is the total labor content in a shirt? Provide your answer in minutes per shirt.

Learn more about labor content here

brainly.com/question/28059667

#SPJ1

8 0
2 years ago
Other questions:
  • Differentiation business strategies are often associated with premium prices. There are, however, reasons why a firm would NOT w
    11·1 answer
  • Technician a says that wheel concentricity problems may simulate a tire that is out of balance. technician b says that tire conc
    13·1 answer
  • You have a marketing budget (B) in dollars. The amount you want to spend on print advertising is P dollars. You want to split th
    12·1 answer
  • Abbott Landscaping purchased a tractor at a cost of $35,000 and sold it three years later for $17,500. Abbott recorded depreciat
    6·1 answer
  • Perez Company manufactures two products. The budgeted per-unit contribution margin for each product follows: Super Supreme Sales
    9·1 answer
  • How did the corporate culture of Enron contribute to its bankruptcy? Did Enron’s bankers, auditors, and attorneys contribute to
    9·1 answer
  • All assets, capabilities, organizational processes, firm attributes, information, knowledge, and so on, controlled by a firm tha
    8·1 answer
  • A company is considering whether to purchase or lease a piece of equipment for an upcoming project. The cost to purchase is $10,
    9·1 answer
  • A buyer purchased a home under an agreement that made the buyer personally obligated to continue making payments under the selle
    8·1 answer
  • Consider the following data for two variables, x and y.
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!