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BARSIC [14]
3 years ago
8

A builder of custom homes reduced the price of a model by 25​%. if the new price is $480,000, what was its original​ price? how

much can be saved by purchasing the​ model?
Business
1 answer:
kolezko [41]3 years ago
5 0
The new price is $480,000 and it is reduced of a model by 25%. We can find the original price using proportions:$ x --------------------100%$480,000 -----------   75%x : 480,000 = 100 : 7575 x = 48,000,000x = 48,000,000 : 75x = $640,000$640,000 - $480,000 = $160,000Answer: The original price was $640,000 and $160,000 can be saved.

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Assume, for Vietnam, that the domestic price of textiles without international trade is higher than the world price of textiles.
nikitadnepr [17]

Answer:

a. other countries have a comparative advantage over Vietnam and Vietnam will import textiles.

Explanation:

A country has comparative advantage if it produces a good or service at a lower opportunity cost when compared to other countries.

The price of textile in Vietnam is higher when compared with other countries, this shows that Vietnam doesn't have a comparative advantage in the production of textile.

Vietnam should import textiles and use its resources to produce other goods for which it has a comparative advantage.

I hope my answer helps you.

8 0
3 years ago
Manufacturers will work with specific retailers depending on where their target consumers expect to find their products. what do
vodomira [7]

Manufacturers will work with specific retailers depending on where their target consumers expect to find their products in the process known as Consumer expectation.

<h3>What is Consumer expectation?</h3>

Consumer expectations can be regarded as the economic outlook of households.

Expectations in the path of consumers help them in the bearing on current economic activity and help Manufacturers to work with specific retailers depending on where their target consumers.

Learn more about Consumer expectation at:brainly.com/question/2664098

#SPJ12

3 0
2 years ago
Ajax Corporation has just decided to let managers work from home one day a week. This decision will
Viefleur [7K]

Answer: Option B        

                       

Explanation: In simple words, increase in supply of managers refers to the condition in which the quantity of managers willing to work in certain situations increases due to change in some factors.

As in the given case, the company is offering one day work from home facility to the employees which is beneficial for the personnel in many way as they will get extra time for their social life and will save efforts and time they invest while commuting from their residence to office.

Hence due to this decision their utility satisfaction from the job will increase which will further lead to increase in supply of managers in the organisation.

5 0
3 years ago
The difference between the amount received from issuing a note payable and the amount repaid at maturity is referred to as:
ololo11 [35]

Answer: interest

Explanation:

Notes payable occurs when a promissory note is issued to the bearer by the firm. Notes payable can either be short term which is within a year or long term which is more than a year.

The difference between the amount received from issuing a note payable and the amount repaid at maturity is known as the interest.

8 0
3 years ago
The following information is known for the month of December: Purchases of supplies during December total $4,500. Supplies on ha
4vir4ik [10]

Answer:

1. a.) Dr Supplies 4500

               Cr Cash          4500

  b.)  Dr Supplies expense  1000

                            Supplies            1000

2.a.) Dr Prepaid insurance 24000

                   Cr  Cash                 24000

  b.) Dr  Insurance expense   2000

                           Cr Prepaid insurance    2000

3. Dr Salaries expense  16000

                       Cr Salaries payable 16000

4.a.)Dr  Cash          4500

                 Advance rent     4500

  b.)Dr Rent expense   1500

                     Cr     Advance rent    1500

Explanation:

1.Supplies were purchased on cash and at the end of period supplies were on hand was 3500 so 1000 was of supplies were used.

2. Annually  insurance prepaid was 24000=2000 * 12.so

For the month of Dec was 2000 expense.

3.Salaries for the month of Dec was payable of Rs.16000.

4.As cash was received against rent which was unearned.the rent expense for the month of Dec was = 4500/3=1500.

5 0
3 years ago
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