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
lidiya [134]
10 months ago
15

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

Business
1 answer:
lions [1.4K]10 months ago
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
Imagine a situation in which there is a president who prefers less environmental regulation of business. She orders the EPA to e
Brilliant_brown [7]

Answer:

A principal-agent game.

Explanation:

The principal-agent problem is a conflict in priorities between the owner of an asset and the person to whom control of the asset has been delegated.

The problem can occur in many situations, from the relationship between a client and a lawyer to the relationship between stockholders and a CEO.

Resolving a principal-agent problem may require changing the system of rewards in order to align priorities or improving the flow of information or both

7 0
3 years ago
Read 2 more answers
Discuss the difference between fixed expenses and variable expenses as they relate to a budget.
SSSSS [86.1K]

Fixed expenses are expenses that stay the same for a person or a business. An example of a fixed expense is rent/mortgage. This expense doesn't change if you are only usig the building for 2 weeks or the entire month, its a set rate. A variable expense is an expense that changes like an electric bill, it varies based on the month and usage. When you budget, you can easily budget for your fixed expenses but you need to allow some room in your budget for expenses that change.

6 0
3 years ago
Read 2 more answers
Which of the following methods is a mathematical technique used for finding the best location for a single distribution point th
trapecia [35]

Answer:

A. ​center-of-gravity method

Explanation:

The mathematical technique that is being described in the question is called the center-of-gravity method. Like mentioned in the question this is an business technique that is used by businesses in order to find the best possible geographic coordinates for a single distribution point. This location is calculated by considering the Market's surrounding it, Volume of goods shipped, and Shipping Costs.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

3 0
2 years ago
Which of the following describe the product in the marketing mix?
Elza [17]

Answer:

a

Explanation:

3 0
3 years ago
Read 2 more answers
ABC company issued 3000 shares of stock for $5 per share and issued 5000 shares for land valued at $10,000. How much cash did AB
stellarik [79]

Answer:

The cash received by ABC company from the issuing of stock is $15,000.

Explanation:

It is given that ABC company issued 3000 shares of stock for $5 per share.

The cash received by ABC company from the issuing 3000 shares of stock is

Cash=3000\times \$5

Cash=\$15,000

It is also given that ABC company issued 5000 shares for land valued at $10,000. It means ABC company received land instead of cash. So, total cash received by ABC company from the issuing of stock is $15000

Therefore, the cash received by ABC company from the issuing of stock is $15,000.

8 0
2 years ago
Other questions:
  • A customer owns 210 shares of ABC common stock. ABC declares a rights offering, with the terms being that for every 20 rights te
    10·1 answer
  • HURRY HURRY!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
    5·1 answer
  • Armour, Inc., an advertising agency, applies overhead to jobs on the basis of direct professional labor hours. Overhead was esti
    5·1 answer
  • Which of the following does NOT define the responsibilities of a limited partner? A. No financial investment in the business. B.
    6·1 answer
  • What plan of action will you do to address your development area??
    7·1 answer
  • Which of the following is a requirement for the Safety Data Sheet (SDS)?
    13·2 answers
  • A company purchased new furniture at a cost of $32,000 on September 30. The furniture is estimated to have a useful life of 5 ye
    15·1 answer
  • When Jolt Co. acquired 75% of the common stock of Yelts Corp., Yelts owned land with a book value of $70, 000 and a fair value o
    14·1 answer
  • If scrap, common to all jobs, is returned to the storeroom and the time between the scrap being inventoried and its disposal is
    15·1 answer
  • A company reported the following amounts at the end of the year total sales revenue = 550000; sales discounts = $12,000; sales r
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!