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Vinvika [58]
4 years ago
6

By lowering production costs, subsidies help foreign competitors gain export markets. True or False

Business
1 answer:
Luden [163]4 years ago
5 0

Answer:

False

Explanation:

Whenever, there will be reduced production costs, due to any reason in the economy, then the goods will be cheaper and accordingly the sale will be in abundance assuming other factors remain constant.

Thus, due to subsidies the cost to producers will be less and then exporters will not be able to get more share as domestic goods will cost cheaper.

Thus, there will not be any gain to foreign competitors in our domestic markets, as they will not get any share extra rather they will loose as a foreign competitor. In fact goods which are exported will also cost low, and therefore, will gain new customers.

Therefore, above stated statement is false.

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When Raymond and Lyle orally agreed to become general partners in a construction business, nothing was said about profits and lo
Over [174]

Answer:

The profit is shared among the partners according to the ratio given in the partnership deed.

This can be agreed in two ways according to the agreement deed:

1) The profits could be shared according to the partnership deed equally or whatever ratio is given in the deed.

2) As Lyle provides services as an architect, draftsperson, and business manager he can be paid separately  for his services . Suppose he is paid $ 50,000 then the profit can be shared after deduction of the salary in the profit sharing ratio,  which would be $ 120,000 - $ 50,000 = $ 70,000

in the ration of 3:1 then Raymond would get $ 52,500 and Lyle $ 17,500 Plus Salary $ 50,000.

4 0
3 years ago
An increasing number of firms decide to install tablets and computers so that customers are able to order and pay on their own.
Gekata [30.6K]

Options:

a. have no effect on; increase; decrease; negative

b. increase; increase; decrease; negative

c. increase; increase; increase; positive

d. increase; increase; decrease; uncertain

e. decrease; increase; decrease; negative

Answer:

Option D is the correct answer.

An increasing number of firms decide to install tablets and computers so that customers are able to order and pay on their own. This can be expected to <u>increase</u> investment spending by the firms. At the same time we can expect the unemployment rate to <u>increase</u> and consumption spending to <u>decrease</u>. Overall the effect on gross domestic product (GDP) is <u>uncertain.</u>

Explanation:

Since, Firm choose to build venture by introducing tablets and PCs and hope to accomplish benefit level. And yet joblessness can be relied upon to increment and subsequently utilization spending will diminish. Thus, the general impact GDP is dubious in light of the fact that an underlying increment in venture increment the monetary development level by increment in work rate. On the off chance that business rate increment, at that point consequently utilization spending increment. And yet it was relied upon to expand joblessness rate which decline the utilization spending. Thus, all things considered GDP may increase or diminish . Consequently GDP is dubious.

8 0
3 years ago
Neon Light Company of Kansas City ships lamps and lighting appliances throughout the country. Ms. Neon has determined that throu
Airida [17]

Answer:

a. Cash freed up by cash management:

= Amount received * speed increased by + Amount disbursed by speed reduced by

= 2,550,000 * 2 days + 1,110,000 * 1/2 days

= 5,100,000 + 555,000

= $‭5,655,000‬

b. Interest on freed up cash:

= ‭5,655,000‬ * 7%

= $‭395,850‬

c.<u> No.</u> It is less than the income earned from interest from freed up cash so it should not be implemented as it brings no additional benefit.

4 0
3 years ago
A company had revenue of $250,000, rent expense of $10,000, utility expense of $3,500, salary expense of $18,500, depreciation e
Elena-2011 [213]

Answer: $204,500

Explanation:

The amount in the income summary account before it is closed for the period will be calculated thus:

Revenue = $250,000

Less: Rent expense = $10,000

Less: Utility expense = $3,500

Less: Salary expense = $18,500

Less: Depreciation expense = $9,000

Less: Advertising expense = $4,500

Amount in Income summary account = $204,500

7 0
3 years ago
Which of the following statements is TRUE of the global debt crisis?
Yuri [45]

Answer:

The correct answer is (D)

Explanation:

Governments are liable to pay foreign debt, in order to do so they usually take money out of reserves to pay the debts. When money is drawn out of national supply it leads to decrease in money supply and depreciation of national currency. A depreciation of domestic currency hinders economic activity and reduces tax revenue and ultimately global debt crises.

7 0
3 years ago
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