All categories

1 year ago

If the world price for a good exceeds the before-trade domestic price for a good, then that country must have.

1 answer:

3 0

If the world price for a good exceeds the before-trade domestic price for a good, then that country must have a comparative advantage in the production of the good.

The domestic price level represents the current price of a particular good or service in an economy. Government agencies or national economists tend to look at different price levels to gauge how prices rise or fall, which is economically known as inflation and deflation, respectively.

If the world price is lower than the domestic price of a good in a country, allowing free trade will reduce that country's total surplus. When the world price of a good is lower than the domestic price of a good, the imposition of a tax on an imported good will increase the total surplus in the market.
Economic pricing theory asserts that in a free market economy, market prices reflect the interaction between supply and demand: prices are set to match the quantity supplied and the quantity demanded.

Learn more about domestic goods here: brainly.com/question/1383956

#SPJ4

You might be interested in

Frank is interested in rewriting the vision statement for his antique shops, and he wants his employees and his business to grow

vivado [14]

<u>Answer:</u> Option A True

<u>Explanation:</u>

As an entrepreneur Frank has made the right decision of rewriting the vision statement for his antique shop. A business can succeed only when it has a strong vision statement. When there is a proper vision statement the entire business works for that purpose.

The vision statement made should be linked with the goals of employees. This will create a positive and inspiring place for the employees to work. Even the small antique shop can expand its business activities and attain growth through proper vision statement.

8 0

3 years ago

Trusper Company was organized on January 1, Year 1 and has had 1,000 shares of $200 par value, 10% cumulative preferred stock ou

Masja [62]

Answer:

Trusper Company

The total amount of dividends that will be paid to common stockholders during Year 2 is:

$40,000.

Explanation:

a) Data and Calculations:

10% cumulative preferred stock = $200,000 ($200 * 1,000)

Common stock = $3,000 (3,000 * $1)

Dividends in Year 1 for cumulative preferred stockholders = $20,000 ($200,000 * 10%)

Dividends outstanding after Year 1 for cumulative preferred stockholders = $15,000 ($20,000 - $5,000)

Dividends for Year 2 for cumulative preferred stockholders = $35,000 ($20,000 + $15,000).

Total dividend paid to common stockholders during Year 2 = $40,000 ($75,000 - $35,000)

b) The unpaid cumulative preferred stock dividend of $15,000 for Year 1 will be added to the dividend of the Year 2. The common stockholders are not paid any dividends in Year 1. But in Year 2, they will get $40,000 after the cumulative preferred stock dividends are paid.

3 0

3 years ago

To what extent is there anything positive to be said for bureaucratic structures? Select a large-scale organization of your choi

seropon [69]

Answer:

Even though the bureaucratic structure has received a lot of criticism, it has some advantages. Accountability, predictability, structure and job security are just a few to mention. Furthermore, a bureaucratic culture is based on impersonal relationships, discouraging favoritism

3 0

2 years ago

A company that has been subject to Securities Exchange Act of 1934 reporting requirements for five years and has an aggregate wo

pickupchik [31]

accelerated filer, A company reporting requirements for five years and has an aggregate worldwide market cap of $300 million is an accelerated filer.

More about accelerated filer?

A publicly traded company that, as of the end of its fiscal year, satisfies each of the following requirements:

As of the final business day of the company's most recent completed second fiscal quarter, the total worldwide market value of the voting and non-voting common equity held by its non-affiliates (or public float) was $75 million or more but less than $700 million.
For at least 12 months, the company has been required to report in accordance with Sections 13(a) or 15(d) of the Exchange Act.
The business has previously submitted at least one annual report in accordance with Exchange Act Sections 13(a) or 15(d).
The company does not meet the revenue requirements (which include those listed below), so it is not eligible for smaller reporting company status.

Learn more about accelerated filer here: brainly.com/question/14855960

#SPJ4

7 0

2 years ago

Describes how a monopoly controls an industry

stira [4]

Answer:

Key ideas:

A single entity controls the flow of the product.
Possesses the power to limit prices.
Will have some influence in politics.
Difficult for new companies to enter the market.

Explanation:

Monopoly refers to the state when there is only one company controlling the flow of products, therefore controlling the prices of it. There are a lot of examples of monopoly in the contemporary era such as AB Inbev, but it doesn't mean that it is totally a modern concept. Monopoly existed even in history take for example the case of Carnegie steel mills or the issue of railroads.

When one company possess such power that it can control the price, it can badly damages the interest of other investors and consumers. But the reason they create a monopoly is that they have heavy influence in politics. That is how they turn up the decisions to their own benefits. And monopolies always try to create hurdles for new investors to get in the market. Because they are charging whatever they want due to no competition, as soon as new competition arrive it will challenge the monopoly which it can't take.

3 0

3 years ago