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Romashka [77]
2 years ago
5

In 2009, because U.S. imports were $2,535 billion while exports were $2,116 billion:

Business
1 answer:
Katyanochek1 [597]2 years ago
6 0

Answer:

  A. imports exceeded exports by a sizable $419 billion

Explanation:

Obviously imports had a greater value than exports. The difference in value is ...

  $2535 -2116 = $419 . . . billion

This observation matches choice A.

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HOW MUCH IS THE PESO MARK-UP IF THE SELLING PRICE IS 15 PESOS AND THA PURCHASE COST IS 10 PESOS
sergiy2304 [10]

Answer:

Mark-up = 50%

Explanation:

Given the following data;

Selling price = 15 Pesos

Purchasing cost = 10 Pesos

To find the mark-up;

First of all, we would determine the profit;

Profit = Selling \; price - Purchasing \; cost

Profit = 15 - 10

Profit = 5 Pesos

Now, we can solve for the mark-up using the formula below;

Mark \; up = \frac {Profit}{Purchasing \; cost} * 100

Mark \; up = \frac {5}{10} * 100

Mark \; up = \frac {500}{10}

Mark-up = 50%

7 0
2 years ago
If a $1,000 increase in income leads to an $800 increase in consumption expenditures, then the marginal propensity to consume is
sp2606 [1]

If a $1,000 increase in income leads to an $800 increase in consumption expenditures, then marginal propensity to consume is 0.8.

Given that a $1,000 increase in income leads to an $800 increase in consumption expenditures.

We are required to find the marginal propensity to consume.

Marginal propensity to consume is the ratio of increase in consumption and the increase in income. It is also known as MPC.

MPC=ΔC/ΔI

ΔC=Change in consumption

ΔI= Change in income.

MPC=800/1000

=0.8

Hence if a $1,000 increase in income leads to an $800 increase in consumption expenditures, then marginal propensity to consume is 0.8.

Learn more about marginal propensity to consume at brainly.com/question/17930875

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4 0
2 years ago
Read 2 more answers
Suppose consumers spent $42 million on Christmas trees last year, when the average tree cost was $30. This year they spend $42 m
faltersainse [42]

Answer:

The question is incomplete

Choose one correct answer from the following;

a.​the demand for trees is inelastic.

b. total revenue to tree producers rose this year.

c. consumers bought the same number of Christmas trees this year as last year.

d.​the price of the Christmas trees stayed the same.

e.​the demand for trees is unit elastic.

The answer is e.​the demand for trees is unit elastic.

Explanation:

Price elasticity of demand =( (25-30)/30 *100)/ 1680-1400/1400 *100)=1.2

4 0
3 years ago
You are Alex Moreno. What critical information do you think would be most helpful for the sales force to be able to access about
mafiozo [28]

Answer: Information concerning the customer is a key in keeping the customer.

Explanation:

The best tool Alex Moreno can give to his sales force to be able to have access between GCB and it's customer's would be any information on gaining accessibility. Information concerning the customer is a key in keeping the customer. With this information, they would be able to carry out an analysis and build their product and services and how it can be improved upon.

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3 years ago
Increasingly, people are buying more fuel-efficient cars that burn less gasoline per mile. This seves people money
Sliva [168]
As the gas prices increase, the demand for electric and fuel efficient cars has greatly increased. People want to avoid spending more money than needed. With new advancements being made technologically, there is not much of a demand for cars that require excessive gasoline.
These new advancements have created a new era of automobiles which in turn creates job openings and economic growth in the auto industry.
Personally, I would rather purchase an electric car, or a car that is more fuel efficient to save more money in the long run.
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2 years ago
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