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3 years ago

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Which of the following American groups benefited the most from China's turn toward capitalism?

1 answer:

castortr0y [4]3 years ago

8 0

Answer:

Which of the following American groups benefited the most from China's turn toward capitalism?

b. Consumers

Explanation:

In order to understand it completely, first of all there is need to understand what actually happens in Capitalism.

Capitalism is a system where private sector of a country holds most of its productions, organisations and businesses. Resulting in effective running of the organisations. Organisations reach their heights in attaining success resulting in high profits. Moreover, organisations goes global and start their operations internationally with their products and services, which consequently, will be beneficial for the international consumers. International consumers will be getting better products in very much competitive prices. So, the same happened with the American Consumers, they benefited the most from China's turn towards Capitalism.

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Which fact supports the idea that renting is a good

kipiarov [429]

The fact that support the idea that renting is a good is Landlords take care of most maintenance.

<h3>What is renting?</h3>

Renting refers to an agreement where a payment is made for the temporary use of a good, service or property owned by another.

It is obtaining a owner's property, in return for regular payments.

Hence, the fact that support the idea that renting is a good is Landlords take care of most maintenance.

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2 years ago

Net income increases when: Group of answer choices fixed costs increase. depreciation increases. the average tax rate increases.

worty [1.4K]

Net income increases when "revenue" increases.

<h3>What is revenue?</h3>

The overall revenue generated by a business over a predetermined period of time. This can be done by-

The entire income generated by a specific source, such as a property with high predicted yearly returns.

The total income a financial investment generates.
The amount of revenue that a political entity, such as a country or state, collects and deposits into the treasury for use by the general public.

The simplest way to determine revenue is to multiply the total number of units sold by the selling price.
A company's earnings, or bottom line, will be lower than its sales because revenues do not take expenditures or expenses into account.

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2 years ago

Consider the following abbreviated financial statements for Weston Enterprises:

Nadusha1986 [10]

Answer:

Weston Enterprises

a. 2018 2019

Owners' equity $3,187 $3,309

b. Change in net working capital for 2019 is $39.

c. The company sold $841 in fixed assets.

d. The cash flow from assets = ($2,544) + $841 = ($1,703)

e. Long-term debt paid off = $291.

f. The cash flow to creditors = 478 ($524 - 46).

Explanation:

Data and Calculations:

WESTON ENTERPRISES 2018 and 2019 Partial Balance Sheets

Assets Liabilities and Owners' Equity

2018 2019 2018 2019

Current assets $1,178 $1,263 Current liabilities $526 $572

Net fixed assets 5,707 6,023 Long-term debt 3,172 3,405

Owners' equity 3,187 3,309

Total $6,885 $7,286 Total $6,885 $7,286

WESTON ENTERPRISES 2019 Income Statement

Sales $15,490

Costs 7,171

Depreciation 1,387

Interest paid 404

2018 2019 Change

Current assets $1,178 $1,263 $85

Current liabilities $526 $572 46

Net working capital $652 $691 $39

Fixed assets:

Beginning balance 5,707

Additional purchase 2,544

Less depreciation 1,387

Balance after depre. 6,864

Ending balance 6,023

Asset sold 841

Long-term debt

Beginning balance 3,172

Additional debt 524

Debt paid off (291)

Ending balance 3,405

6 0

3 years ago

Two manufacturers, denoted 1 and 2, are competing for 100 identical customers. Each manufacturer chooses both the price and qual

nataly862011 [7]

Answer:

Nash equilibrium will occur at the following conditions P1 = P2 = 10 and x1 = x2 = 0.

Explanation:

The term or concept known as the Nash equilibria is very important and it is often used in the determination of the kind of price strategies companies that are competing against one another will use in order to acquire more customers than the others.

So, in this question/problem we are given that there are two manufacturer that is manufacturer 1 and manufacturer 2. Also, the total number of customers both manufacturers are competing for is equal to 100.

Kindly note that we are given from the question that ''Each manufacturer chooses both the price and quality of its product, where each variable can take any non-negative real number''

If each of the manufacturer has 50 customers each that is symmetric condition.

Assuming we have a condition or situation where p1 is less than p2 for manufacturer 1, it means that manufacture 1 lessens its price, therefore manufacturer 1 will have all all the profit = 100(p1 - 10 - 5x1).

Assuming manufacturer 1 reduces both the quality and the price this time around to the point that it is justifiable to lower the price because of the quality , it means that we will have 1000 + (x1 = 0) + (p1 - compensation m).

For any of the manufacturer, If m> x' and we have that x1 = x'>0[ which is for the quality], then, the profit will be 100(10 + 5x'- m -10).

Also, For any of the manufacturer, if we have x'<m<5x' and x1 for the representation of quality, then, Customers will buy from both manufacturer making m<5x'.

Therefore, Nash equilibrium will occur at the following conditions: P1 = P2 = 10 and x1 = x2 = 0.

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3 years ago

Jessica was recently praised by her supervisor for displaying superior customer service during an encounter with a problem custo

yaroslaw [1]

Jessica was recently praised by her supervisor for displaying superior customer service during an encounter with a problem customer. This is an example of organizational effectiveness.

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Customer service is the assistance you provide to make sure that your clients have a simple and satisfying experience with you, both before and after they purchase and utilize your goods or services. If you want to keep clients and expand your business, you must provide outstanding customer services. Customer service today offers much more than the standard telephone support representative. It's accessible through social media, text messages, email, and the web. Many business also provide self-service assistance, allowing clients to research solutions on their own day or night.

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6 0

1 year ago