1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Lady bird [3.3K]
3 years ago
8

The world price of a ton of steel is $650. Before Russia allowed trade in steel, the price of a ton of steel there was $1,000. O

nce Russia allowed trade in steel with other countries, Russia began a. exporting steel and the price per ton in Russia decreased to $650. b. exporting steel and the price per ton in Russia remained at $1,000. c. importing steel and the price per ton in Russia decreased to $650. d. importing steel and the price per ton in Russia remained at $1,000.
Social Studies
1 answer:
MArishka [77]3 years ago
6 0

Answer:

The correct answer is option c.

Explanation:

The world price of a ton of steel is $650.  

During the autarky, the price of steel in Russia was $1,000.  

After the trade, the price fell to $650. This means that Russia started importing steel from other countries where it was cheaper. This caused the price of steel in Russia to fall to the level of the world price.  

This happens because at price $1,000 consumers will purchase from foreign producers. This will reduce the demand for domestic producers. This decrease in demand will shift the demand curve to the left such that the price falls to $650.

You might be interested in
Samples of an argumentative essay of the purpose of government
alexdok [17]

like how a pilot flies an airplane without needing input from the passengers

government takes care of the rights, security & economics of a group of people so they don't need to do it themselves

5 0
2 years ago
The most important sources of social change are physical environment, technology, population, cultural innovation, and social co
Rashid [163]

The most important sources of social changes are physical environment, technology, population, cultural innovation and social conflict. The statement is true.

<h3>What is social change?</h3>

Social changes refers to those changes that occurs in human being while interacting and making relationships which transforms the society and culture as a whole.

These changes benefits the society as a whole as technological development helps the future generations for example mobile phone helps social interactions and many more.

Thus social changes are important for future growth.

Learn more about changes here:

brainly.com/question/16971318

#SPJ1

4 0
2 years ago
Help!! How is apple successful and unsuccessful at branding??
Nikolay [14]
The company Apple, has had many successful and unsuccessful attempts at products and branding. Its been quite successful in the companny's ability to diffuse their products around the world. iPhones and other apple products ca be found nearly in every continent and the newest iPhone always seems to be trending on social media. However, like all companies, Apple's less successful products have lead to although minor commercial failures. Many complain that apple's merchandise are overpriced and al the same leading to less commercial values than originally anticipated.
Take the iPhone SE for instance, mirroring almost exactly the same as the iPhone 4, was to say the least, not Apple's greatest success.

~I hope this helps!~
3 0
3 years ago
According to karl marx, what social relations matter most in a capitalist system?
alexandr402 [8]

<span>The answer to this question is Economic Relationships. Karl Marx is a philosopher, economist, and political theorist who developed the concept of relations of production. Capitalist mode of production is also known as the Marxist theory. According to Karl Marx, relations of productions refers to the relationship to the capitalists and by the workers. </span>

4 0
3 years ago
Sarah makes sure that she walks by her boss's office several times a day and tries to greet and make eye contact with her. she i
fredd [130]
I believe Sarah is trying to increase her visibility.
hope this helps!
7 0
3 years ago
Other questions:
  • "in japan, women are supposed to cross their legs when they sit down on the floor."
    10·1 answer
  • Under the​ _____ test, an arrangement is considered an investment contract if there is an investment of money by an investor in
    5·1 answer
  • According to the neoclassical view, the phillips curve is
    14·1 answer
  • A failing project becomes a black hole for money, time, and personnel as management contiues to pour resources into it despite t
    15·1 answer
  • What is the connection between the industrial revolution and imperialism?
    7·1 answer
  • A researcher designs a study to determine whether female preschoolers prefer sweetened or unsweetened cereal. The researcher use
    7·1 answer
  • Which of the following groups is most responsible for deforestation caused by harvesting trees such as mahogany for their timber
    10·2 answers
  • Even though the Federalist party was short lived, it had a profound effect on American history. Which of the following best summ
    11·1 answer
  • Which of the following best describes a plateau?
    13·1 answer
  • Christianity Quiz TIMED PLS HELP!!!
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!