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Alik [6]
4 years ago
3

A trade discount is: Question 52 options: A term used by a purchaser to describe a cash discount given to customers for prompt p

ayment. A reduction in selling price below the list price. A term used by a seller to describe a cash discount granted to customers for prompt payment. A reduction in price for prompt payment. Also called a rebate.
Business
1 answer:
atroni [7]4 years ago
3 0

Answer:

A reduction in selling price below the list price.

Explanation:

A trade discount is a discount given to a buyer by the seller as a reduction in the list price of the commodity. It is a reduction in cost of goods sold or services rendered in business. It helps start ups or small businesses save money when purchasing goods or services from those in supply. It is the amount by which a manufacturing deducts money from a reseller instead of the end user.

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Which of the following is the most likely result of a quota that limits the importation of steel into the United States? a. a re
I am Lyosha [343]

Answer:

  • <u><em>d. a reduction in output and employment in domestic industries that utilize steel as a resource</em></u>

Explanation:

The first impact of a <em>quota that limits the importation of steel into the United States </em>is that the domestic market will experience a decrease on the number of suppliers.

As a consequence, the domestic manufacturers will have less competition and they will be able to increase the prices of the steel in the domestic market, instead of struggling to decrease the costs, or improve the quality, or increase the productivity, or enhance the service.

Thus, the domestic indutries that utilize the steel will face an increase on the prices of their main raw material, becoming less competitive. Then, <em>most likely</em>, their price should increase and their sales and production should decrease; thus, <em>they will face a reduction in output and employment.</em>

5 0
4 years ago
In what way(s) does gdp per capita not provide an accurate representation of living standards?
Alborosie

The ways that gdp per capita  does not provide an accurate representation of living standards is option A, B,C.

<h3>What is gdp per capita ?</h3>

Gross domestic product per capita is used to measure or determine the growth of a nation economy or income of a nation per individual who live in the nation.

Hence, gdp per capita cannot provide an accurate representation of living standards through the followings ways:

  • A. GDP per capita does not measure production that occurs outside of the market economy.
  • B. GDP per capita does not account for changes in environmental quality.
  • C. GDP per capita does not account for how people distribute their time between work and leisure.

The missing options are:

A.  GDP per capita does not measure production that occurs outside of the market economy.

B. GDP per capita does not account for changes in environmental quality.

C. GDP per capita does not account for all final goods and services sold in markets.

D. GDP per capita does not account for how people distribute their time between work and leisure.

Learn more about Gross domestic product per capita here:brainly.com/question/1383956

#SPJ1

6 0
2 years ago
You have determined the following data for a given bond: Real risk-free rate (r*) = 3%; inflation premium = 8%; default risk pre
vagabundo [1.1K]

Answer: 16%

Explanation:

Interest rate on long term treasury securities is calculated below using following formula:

Interest rate = Real risk-free rate + inflation premium + default risk premium + liquidity premium + maturity risk premium

= 3% + 8% + 2% + 2% + 1%

= 16%

Interest rate on long term treasury securities is 16%.

4 0
4 years ago
There are 100 used laptop g for sale on the market. 40% of them are in good condition, and the rest of them are broken, which is
NNADVOKAT [17]

Answer:

In equilibrium the maximum price set for a broken laptop to be sold is $600

Explanation:

According to the given data we have the following:

It is given that 40% laptops are in good condition. This implies that 60% are in bad condition.

In ordert to calculate the maximum price set for a broken laptop to be sold we would have to calculate the expected price that the buyers will be willing to pay for a  laptop as follows:

Expected price=0.60($2000)+0.40($600)

Expected price=$1,200+$240

Expected price=$1,440

As the owners of good laptops are willing to sell their laptops for $1,800, whis is more that $1,440, they will not sell their products.

This implies that only bad laptops are sold in the market. The willingless to pay for the bad laptops is $600

Therefore, In equilibrium the maximum price set for a broken laptop to be sold is $600

7 0
3 years ago
What transactions are included in income from continuing operations? briefly explain why it is important to segregate income fro
Advocard [28]
<span>Transactions that are included in continuing operations are income from revenue,expenses, gains and losses.These are the components that will probably continue in future periods. It is important to segregate income from continuing operations from other transactions that affecting net income, because the information will help analysts predicts future cash flows.</span>
3 0
3 years ago
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