Answer:
Yes, the WTO stands for trade liberalization, which requires transparency, economic reform, and no protectionism, regardless of the member nation's economic situation.
Answer: unitary price elastic
Explanation:
A good is unitary price elastic if a change in price leads to the same proportional change in quantity demanded.
The coefficient of a good with unitary elasticity is 1 .
Coefficient of elasticity = percentage change in quantity demanded / percentage change in price
= 5% / 5% = 1
I hope my answer helps you
Answer:
Supplier bills payable in 30 days
Explanation:
This is current assets
- Certificates of deposit that mature in six months
- Cash
- Customer receivables
The Supplier bills payable in 30 days is a current liability
Answer:
Market Segmentation
Explanation:
Market Segmentation is an efficient tool used in catering for the wants,needs,etc. for buyers classified under sub-group (age,income,behavior)
Answer:
The current ratio reflects existing cash as well as amounts to be converted to cash in the normal operating cycle.
Explanation:
As we know that
There are two liquidity ratios which is current ratio and quick ratio
The formula to compute each one is shown below:
Current ratio = Current assets ÷ Current liabilities
And, the quick ratio = Quick assets ÷ current liabilities
where,
Quick ratio = Current assets - inventory - prepaid expenses
By considering the two above ratios we could find the liquidity position of the ratio but the current ratio is the best as it includes all the items i,e to be required for it
