Answer:
P = 40 - <u>2</u>QD
Explanation:
Given;
QD = 20-0.5P ................................. (1)
FFrom equation (1), we can now solve for P by first rearranging as follows:
0.5P = = 20 - QD
Divide through by 0.5, we have:
(0.5 / 0.5)P = (20 / 0.5) - (1 / 0.5)QD
P = 40 - 2QD
Therefore, the missing value is 2 and the answer is given as follows:
P = 40 - <u>2</u>QD
In a world that is synchronized on a global scale, trade between nations is constant. Imports cannot be reduced by 20% in order to close the trade deficit.
<h3>Why it is not possible to reduce imports?</h3>
There are certain nations that will be impacted if the United States decides to cut imports by 20%.
As a result, imports from the United States will likewise be restricted in other nations.
In other words, the United States may experience a fall in exports while attempting to reduce imports. The overall impact on trade imbalances could be minimal.
The trade conflict between the United States and China is a good illustration. China responded to the United States taxes on its imports by imposing its own levies. As a result, both countries suffered.
As a result, there is no quick fix for decreasing trade deficits. A more delicate balance between consumption and production must be achieved over time.
The manufacturing industries must have favorable policies and incentives to encourage consumer demand for locally made items.
Check out the link below to learn more about trade deficit;
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Answer:
. Obtaining third-party written quality and quantity reports prior to payment for the raw materials
Explanation:
Purchases of raw materials can be regarded as purchases of all commodities that is required as inputs in the process of production as well as related to the supply of factors of production. It should be noted that Effective controls relevant to purchasing of raw materials should usually include; ✓Determining the need for the raw materials prior to preparing the purchase order.
✓Systematic reporting of product changes that will affect raw materials. Obtaining financial approval prior to making a commitment.
<u>Answer:</u>
<u><em>(E) Enterprise resource planning
</em></u><em> is an information system designed to integrate internal and external members of the supply chain</em>
<em></em>
<u>Explanation:</u>
ERP is a procedure utilized by organizations to oversee and coordinate the significant pieces of their organizations. Numerous ERP programming applications are imperative to organizations since they assist them with actualizing asset arranging by incorporating the entirety of the procedures expected to run their organizations with a solitary framework.
ERP applications likewise enable the various offices to impart and share data all the more effectively with the remainder of the organization. It gathers data about the action and condition of multiple divisions, making this data accessible to different parts, where it tends to be utilized gainfully.