Answer:
The meaning of a 'flattened' world is that ,globalization, which can be described as inventions and various developments in the technology world , has created a level playing ground, where countries considered as small or minors are now competing with the super-power ones.
Explanation:
The major challenge of this is that , the rate competition has increased between countries that have great impacts on the resource area of businesses.
And the opportunities are that, new jobs are created or available especially in the information systems and other jobs or occupations involving services.
Finding better suppliers and at a better price has also been considered as a big benefit because now there were more places to choose from globally.
Answer:
The contribution margin ratio can be calculated using either total amounts or per unit amounts.
Explanation:
Contribution margin ratio = 
This can even be done by 
This will calculate contribution as a percentage of Sales, with this margin ratio we get break even sales value, and not the units.
Whenever there is an increase in variable cost it decreases the contribution.
Therefore, correct statement is
The contribution margin ratio can be calculated using either total amounts or per unit amounts.
False. As trade will also cause the average level of wages in an economy to rise and not fall.
<h3>The relationship between free trade and wages</h3>
Free trade results in an increase in all factor incomes, including wages, interest rates, profits, and rents, which raises GDP and makes more money available for company investment, which boosts global trade.
Trade will increase the average pay level in an economy because it increases the amount that an economy can produce by allowing businesses and workers to take use of their comparative advantages.
Therefore, employers will value employees who can create more, which will cause the demand for their labor to move to the right and raise earnings in the labor market. Contrarily, trade restrictions will cause an economy's average pay level to decline.
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Answer: a)
Explanation: All the others are deductible, whilst excise taxes are only deductible as a business expense.
The statement that are NOT costs that are relevant to the "total cost to own" of a car is: f. None of the above.
<h3>What is total cost?</h3>
Total cost is the cost generated or cost incurred for producing a product or the expenses incurred for owing a product such as car.
Total cost formula is:
Total cost=Fixed cost+ Variables cost
If a person own a car it is important to know that all the following are the total cost that will be relevant to the cost of owing a car are:
Inconclusion the statement that are NOT costs that are relevant to the "total cost to own" of a car is: f. None of the above.
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