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4 years ago

What term refers to the United States’ sale of steel to Germany?

Business

2 answers:

Stella [2.4K]4 years ago

5 0

The term that refers to the US's sale of steel to Germany is D) national export.

aleksklad [387]4 years ago

3 0

The answer would be : B. business

Business refer to an activity in which an entity provides goods or services to the consumers. In this case , The united states is the entity , Steel is the Goods, and Germany is the consumer

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For most normal goods the income effect and the substitution effect work in the same direction; so when the price of a good fall

bezimeni [28]

Answer:

The income effect and substitution effect work in opposite directions and income effect is dominant.

Explanation:

In case of a normal good, both the income effect as well as substitution effect work in the same direction. A fall in the price of a product will increase the purchasing power of the consumer so its quantity demanded will increase.

The consumers will also prefer the cheaper good so the substitution effect will cause the quantity demanded to increase.

In case of an inferior good, however, income elasticity is negative. The income effect and substitution effect work in opposite directions.

A price decrease in the case of an inferior good will increase the real income and purchasing power of the consumer. This will cause the quantity demanded of the inferior good to decline as the consumer will prefer a substitute normal good.

8 0

3 years ago

During the month of April, direct labor cost totaled $15,000 and direct labor cost was 40% of prime cost. If total manufacturing

Aleonysh [2.5K]

Answer:

Manufacturing overhead= $39,500

Explanation:

Giving the following information:

Direct labor= $15,000

Direct labor cost was 40% of prime cost.

Total manufacturing costs= $77,000

First, we need to calculate the prime cost:

Prime cost= direct material + direct labor

Prime cost= 15,000/0.4= 37,500

Now, we can determine the manufacturing overhead:

Manufacturing overhead= total manufacturing costs - prime costs

Manufacturing overhead= 77,000 - 37,500

Manufacturing overhead= $39,500

7 0

3 years ago

True or False: The International Monetary Fund (IMF) is considered less controversial than the World Bank.

GenaCL600 [577]

Answer:

True

Explanation:

The International Monetary Fund (IMF) is considered less controversial than the World Bank. Reason: Both the IMF and the World Bank were established at Bretton Woods. The World Bank is the less controversial of the two institutions.

3 0

3 years ago

The Cash Over and Short account:Select one:a. Is used to record a credit balance in the cash account.b. Is an income statement a

Katyanochek1 [597]

Answer:

b. Is an income statement account used for recording the income effects of cash overages and cash shortages from errors in making change and/or from errors in processing petty cash transactions.

Explanation:

Cash over and short account, is not the actual cash account or something like that. In fact it is an expense account made which reports all the over-dues that is overages or short-dues that results from an imprest account, like petty cash.

This account records the difference created in between the expected value of cash and actual value of cash in imprest account.

Therefore the correct option in all the above is:

b. Is an income statement account used for recording the income effects of cash overages and cash shortages from errors in making change and/or from errors in processing petty cash transactions.

8 0

3 years ago

Suppose the Andrews company expands to other markets with good designs, high awareness, and easy accountability, what strategy w

marissa [1.9K]

The correct answer should be B. Broad differentiation

They want to be seen as better than others and also spread to other markets. This is why they would advertise these qualities that are mentioned in the question, so as to appeal to higher amount of people. Niche would be if they had a niche buyer base and if they stuck to them making products for them.

3 0

3 years ago