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3 years ago

How do exports and imports affect a nation's economy?

1 answer:

6 0

We import goods from other countries when they are harder to make in ours, we export goods to other countries when the goods are harder to make or obtain in theirs. if a nation exports more than it imports, a surplus is created. When a country imports goods more than it exports, it creates a trade deficit. A trade deficit in a nation causes it to have to borrow from other countries in order to pay for the imports. On the other hand, a surplus is much healthier for the economy light of the fact that it boosts economic output.

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You purchased 100 shares of stock value at $55 per share. The stock value increases to $85 per share what was the rate of increa

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Answer:

54.55%

Explanation:

The purchasing price is $55

Price has increased to $85.

The monetary increase = $85 - $55 = $30

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3 years ago

In economics, if a good is inelastic,

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In economics, if a good is inelastic, then <u>its supply or demand is not sensitive to price changes. </u>

Changes or fluctuations in market prices does not affect the supply and the Demand of inelastic goods.

<h2>Further Explanation; </h2>

Inelastic goods, are types of goods whose demand and supply is not affected by changes in market prices. That is an increase or decrease in market price does not affect their supply or demand.
When the price of an inelastic good changes, its supply and demand is unaffected.
Examples of such goods include, water and food. Therefore, for inelastic goods, the consumer buying strength and habits remain the same.

<h3>Demand and supply in determination of market price </h3>

Demand refers to the quantity of goods or services that consumers are willing and able to buy at a particular price while supply is the quantity of goods or services that suppliers are willing to supply to the market at a particular price.

One of the factor that determine market prices are the forces of demand and supply, this is based on the ability and willingness of buyers and sellers to undertake selling and buying.
Buying and selling occurs at an equilibrium price that is agreed upon by sellers and buyers.
This means the sellers and buyers are willing to exchange a certain quantity of a commodity at this price. Thus, price depends on the demand and supply in the market.
However, for <u>inelastic goods</u> such as water and food, the consumer has no option than to buy them at existing prices since they are necessity goods.

Keywords; Inelastic goods, demand and supply, market price.

<h2>Learn more about: </h2>

Demand and supply; brainly.com/question/6749722
Effect of supply and demand on market price: brainly.com/question/3522474

Level; High school

Subject: Business

Topic: Demand and supply

Sub-topic: Types of goods

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Answer: my reaction would probably not be good

Explanation:

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Which device deployment model gives businesses significant control over device security while allowing employees to use their de

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<u>COPE device deployment model</u> gives businesses significant control over device security while allowing employees to use their devices to access both corporate and personal data.

It stands for Corporate-Owned, Personally Enabled. It is a business strategy where the organization provide computer or mobile devices to its employees for their work.

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