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]
1 year 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]1 year 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
Job 243 was recently completed. The following data have been recorded on its job cost sheet: Direct materials $ 51,870 Direct la
Virty [35]

Answer:

$19.20

Explanation:

Computation for the unit product cost that would appear on the job cost sheet for this job.

First step is to compute the Total Product cost

Job 243

Direct material $ 51,870

Direct labor (435*11) 4,785

Overhead (516*13) 6,708

Total Product cost $63,363

Now let Compute the unit product cost

Unit product cost=$63,363/3,300 units

Unit product cost =$19.20

Therefore the unit product cost that would appear on the job cost sheet for this job is $19.20

8 0
3 years ago
If an advertiser places a TV commercial using a​ lonely, lost puppy to sell its​ products, then that advertiser is said to be ut
ryzh [129]

Answer:

correct answer is Sadvertising

Explanation:

these type of advertiser is said to be Sadvertising because it is that type of advertising by which advertiser creator is use some certain type of strategy by which they play on peoples emotion and feeling of sadness.

nowadays emotional advertising become popular in the recent year,  

many firms work for creating strong emotional ties about their product

they think ad. with emotional reaction is viewed  more likely to be shared  

so here the correct answer is Sadvertising

5 0
3 years ago
A company's competitive strength scores pinpoint its strengths and weaknesses against rivals and Select one: a. point directly t
Montano1993 [528]

Answer:

e. point directly to the kinds of offensive/defensive actions it can use to exploit its competitive strengths and reduce its competitive liabilities.

Explanation:

A competitive strength assessment is defined as a weighted comparism of a business's strengths and weaknesses compared to the competition. The knowledge gained can be used to improve on weak areas.

Competitive advantage is the traits that set a business aside and gives it an edge over others. Competitive strength assessment evaluates the competitive advantages of a company. Therefore it shows the kinds of offensive/defensive actions it can use to exploit its competitive strengths and reduce its competitive liabilities.

8 0
3 years ago
If it costs $100000 to put on an event for four weeks (28 consecutive nights) how much revenue per night is needed to make $2000
12345 [234]

Answer:

the answer would 4285.7142 per night

8 0
3 years ago
Read 2 more answers
Setterstrom Company established a petty cash fund on May 1, cashing a check for $100. The company reimbursed the fund on June 1
topjm [15]

Answer:

Following are the journal entries for Setterstrom Company;

<u>May 01</u>

Debit: Petty cash  = $100.00

Credit: Cash = $100.00

<u>Jun 01 </u>

Debit: Delivery Expense  = $31.25

Debit: Postage Expense  = $39.00

Debit: Miscellaneous Expense  = $25.00

Debit: Cash over/short (Balance amount)  = $3.00

Credit: Petty Cash ($100 - $1.75)  = $98.25

<u>Jul 01</u>

Debit: Delivery expense  = $21.00

Debit: Entertainment expense = $51.00

Debit: Miscellaneous expense = $24.75

Credit: Petty Cash ($100 - $3.25) =  $96.75

<u>Jul 10 </u>

Debit: Petty cash  = $30.00

Credit: Cash = $30.00

8 0
3 years ago
Other questions:
  • You are a Geographic Information System (GIS) specialist who normally works at the Public Works Planning office. You are directe
    8·2 answers
  • Securities not listed on one of the exchanges trade in the over-the-counter market. In this exchange, dealers "make a market" by
    9·1 answer
  • The merger between two general merchandise stores Sears and K-Mart who each carried some specialty items will most likely produc
    14·1 answer
  • Jeff deposits $3,000 into an account which pays 5 percent interest, compounded annually. At the same time, Kurt deposits $3,000
    10·1 answer
  • Heidi Ganahl's account of how she founded Camp Bow Wow through great adversity is best characterized as a(n):
    15·1 answer
  • Price of oil in international markets has dropped stunningly 60% in the past twelve months. Among the factors mentioned behind t
    12·1 answer
  • Hunter Thompson, an owner, made an additional investment of $21,000 in cash. A firm purchased equipment for $10,000 in cash. A f
    5·1 answer
  • If the price of one of the products associated with indifference curves increases, all else the same, what is the result?
    5·2 answers
  • During the past five years, the nation of Andolvia began a massive undertaking: teaching farmers how to successfully grow and ha
    9·1 answer
  • condominiums usually require a monthly fee for various services. at $320 a month, how much would a homeowner pay over a period o
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!