Answer:
A. At high prices, people want a small quantity. At low
Explanation:
Answer:
Outsourcing
Explanation:
Outsourcing is the process by which business hires another company to perform tasks on its behalf. It is usually undertaken to reduce costs and focus on the strategic parts/functions of the organisations.
Many companies have outsourced their functions to developing countries. Like call centers are outsourced. Apple has outsourced its manufacturing to China.
Answer:
The Correct Answer is "Accrue a $15 million liability and define it in a note to the financial report"
Explanation:
Collect a $15 million risk and clarify it in a note to the budget reports.
Since according to the bookkeeping standard of conservatism or show of conservatism, we ought to foresee and represent all the conceivable losses,but not benefits. Since the case have been made in 2021 we should accept it as a future conceivable misfortune and ought to be appeared in our records.
Answer:
There is trade diversion and a welfare loss for country X.
Explanation:
A trade diversion is created since country X no longer imports widgets from country Z and instead it imports them from country Y. Since country X started to import from country Y following the formation of a regional trade agreement it is losing welfare. This happens because country Z's widgets had a lower price but they were replaced due to the advantages given to country Y's widgets by the trade agreement.
Answer:
$11.75 per share
Explanation:
The formula and the computation of the book value per share are shown below:
Book value per share = (Total stockholder equity) ÷ (number of common shares)
= ($470,000) ÷ (40,000 shares)
= $11.75 per share
We simply divide the total stockholder equity by the number of common shares so that it can come in per share value.