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Burka [1]
3 years ago
9

The ways in which the world's economies are linked

Business
1 answer:
skelet666 [1.2K]3 years ago
5 0
The internet links the Earth's economies.
You might be interested in
A leading game console manufacturer reduces the price of its flagship product by 10 percent. Holding other things such as income
nekit [7.7K]

Answer:

E (Last one, you didn't put a letter for it)

Explanation:

The answer is E because a price reduction, depending on how large it is, will mostly have an effect on consumer, or in this case, customer sales. In this case, since it is a smaller percentage, it may not have a very big effect though.

4 0
3 years ago
Grib Corporation uses a predetermined overhead rate based on direct labor cost to apply manufacturing overhead to jobs. The pred
gregori [183]

Answer:

$270,000

Explanation:

Calculation of total manufacturing cost assigned to Job 436

Direct Materials

Dept A                                                   $50,000

Dept B                                                    $10,000

Direct Labor

Dept A      ($80,000 x 1/2)                   $40,000

Dept B                                                   $60,000

Manufacturing Overheads

Dept A                                                   $80,000

Dept B   ($60,000 x 50%)                    $30,000

Total                                                     $270,000

Therefore,

The total manufacturing cost assigned to Job 436 was $270,000.

8 0
3 years ago
When income is ?$400400 per? week, 33 nights dining outnights dining out are demanded. when income is ?$600600 per? week, 55 nig
Delicious77 [7]

In economics, income elasticity of demand measures the response of the number demanded for a good or service to a change in the income of the people demanding the good or service. The formula for calculating this metric is:

Income Elasticity Demand = Change in Quantity Demanded / Change in Income

Income Elasticity Demand = 55 nights – 33 nights / $600 - $400

Income Elasticity Demand = 0.11 = 11%

Since <span>Income Elasticity Demand is 0.11 or 11% (positive number), therefore this means that an increase in income of the people leads to an increase in the demand of nights dining out.</span>

4 0
2 years ago
How does the economic boom affect a business or your business?
shepuryov [24]

Answer:

The answer is easy and simple to understand.

First of all, it ill be generally good for your business, price levels of materials required and services will remain at a reasonable level so you can afford them.

Moreover, the cost of financing will be bearable and low. Since the interest rates are low, more money can be borrowed to expand your business venture.

Economic book means more employment opportunities, and as the supply of labor increases. the cost or the wage rate can remain at a reasonable and fair level for both the employers and employees.

The currency exchange rates will be stable and will not deviate heavily during the economic boom period, making importing and importing fairly easy for your business.

However, since the economy is rigorous and healthy, more entrepreneurs will enter the market and the competition will  be sever.

Moreover, foreign investors and businesses with new technologies, products and practices may enter your market, making it a bit difficult for you.

Explanation:

4 0
3 years ago
Sunland, Inc. has 1000 shares of 7%, $10 par value, cumulative preferred stock and 47000 shares of $1 par value common stock out
Helga [31]

Answer:

700

Explanation:

Calculation for the annual dividend on the preferred stock

Annual dividend on the preferred stock=1000 shares of 7%, $10 par value

Annual dividend on the preferred stock=(1000*$10*.07)

Annual dividend on the preferred stock=$700

Therefore the annual dividend on the preferred stock will be $700

8 0
3 years ago
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