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balu736 [363]
4 years ago
6

Why do consumers benefit from free trade and the resulting competition between businesses?

Business
1 answer:
Helga [31]4 years ago
4 0
The answer for this question is: <span>Competition tends to drive down prices and improve quality
When free trade exist, every businesses must heavily compete in order to win the customers' favor.
In order to obtain the favor, a couple of things that they could do are lowering their price in comparison to their competitor and improve the products that they made.</span>
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Jane has just been appointed as purchasing manager of Tacoma Technologies Corp. The previous purchasing manager, who recently re
iris [78.8K]

Answer:

The classification of the given problem is discussed in the following subsection on the explanation.

Explanation:

It's also certainly expected that Jane's cooperative strategy for dealing with supplies will operate. The majority wins all strategy in today's global marketplace is riddled with a lot of consequences. Customer demand has become increasingly dynamic as well as any company that also has subcontractors prepared to fight from them will be guaranteed to win over the lengthy period.

  • Reducing supply volatility is yet another aim that could only be accomplished in partnership with either the distributors. In today's climate, the buying process appears to backstop these dangers toward both, instead of just place itself as being a cost-effective component.
  • There are also several actions she could take toward adopting a coordinated approach. Every one of those needs to begin with construction dignity and loyalty. Accountability to something like the consumer side is therefore a preliminary stage that would also help providers manage ahead.
  • Providers who act very much like clients should be adequately compensated. Steps such as volume obligations for reduced costs, first rejection liberties, etc. must be urged to strengthen the supplier relationship.
8 0
4 years ago
As capital investments flow from high wage core countries to low wage periphery regions, _______________________ shifts take pla
professor190 [17]

Cheap labor and raw materials.

Margin generally occur when there is a capacity to produce more with cheap labor and enough raw material for the production.

In comparison to the developing countries,  the capital investments flow from high wage core countries to low wage periphery regions.  Wage employment is far less than the daily wage earners.

Labor changes occur in both the kind of wage rate and employment. Shifts take in case both high to low and low to high variations to maintain stability both between the production procedure, employment and labor ratio . All depends on the situation of the economy in a country.

To learn more about capital investments here,

brainly.com/question/13529977

#SPJ4

5 0
2 years ago
Which of the following factors would be most likely to lead to an increase in interest rates in the economy? a. Households reduc
Xelga [282]

Answer:

C. Most businesses decide to modernize and expand their manufacturing capacity, and to install new equipments to reduce labor cost

Explanation:

Interest rate is the cost attached to borrowed money. It is also the return for the risk of lending.

Businesses borrow to make profit in the future. They also borrow to finance the purchase of equipments. The interest on these loan is what stimulate the economy which encourages people to borrow, lend and spend.

When businesses continue to expand their production capacity and also install new equipment, such will lead to an increase in interest rate in the economy because most industries often times raise credit to finance assets purchase. An increase in demand for money raises interest rate and vice versa.

Other causes of high interest rate in an economy are;

- Inflation, which is the consistent rise in the prices of goods and services as a result of too much money in circulation. The higher the rate of inflation, the higher the interest rate.

-Government, through central bank, issuing directives on the effect of monetary policy on interest rate. This is done through open market operation.

When there is lower interest rate in the economy, amount paid as interest by consumers will be less hence have money to spend. This will also affect business as they will be able to buy equipments and produce more with cheap funds.

5 0
3 years ago
Glendale Paving currently has 120,000 shares of stock outstanding that sell for $54 per share. Assume no market imperfections or
emmasim [6.3K]

Answer:

The new price will be $38.57.

Explanation:

The initial price of 120,000 outstanding shares is $54.

There are no market imperfections or taxes.

The firm declares a dividend of 40%.

The new share price will be

= Initial\ price\times(\frac{1}{1+ dividend} )

= 54\times(\frac{1}{1+0.4} )

= 54\times\frac{1}{1.4}

= 54\times0.71

= $38.57

5 0
3 years ago
Recently, the owner of Martha's Wares encountered severe legal problems and is trying to sell her business. The company built a
Irina18 [472]

Answer:

The market value of this firm is $980,744

Explanation:

The computation of the market value is shown below:

= Current value of building + current value of building + market value of inventory + accounts receivable + cash balance - owing balance

= $1,480,000 + $507,000 + $225,000 ($450,000 × 50%) + $237,844 ($245,200 × 98%)  + $10,900 - $1,480,000

= $980,744

We take the market value instead cost value, as question has asked for the market value of the firm

8 0
4 years ago
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