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cricket20 [7]
3 years ago
5

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

nce Russia allowed trade in steel with other countries, Russia begana.importing steel and the price per ton in Russia remained at $650. b.exporting steel and the price per ton in Russia remained at $650. c.importing steel and the price per ton in Russia increased to $1,000. d.exporting steel and the price per ton in Russia increased to $1,000.
Business
1 answer:
SCORPION-xisa [38]3 years ago
3 0

Answer:

d.Exporting steel and the price per ton in Russia increased to $1,000.

Explanation:

As world price of ton of steel is less in Russia in world [ $650 < $1000]. So, rest of the world will buy cheaper steel from Russia, i.e Russia would export steel to rest of the world.

Russia exporting steel to rest of the world, reduces the domestic supply of steel in Russia. This decreased supply creates excess demand of steel in domestic russian market. Excess Demand creates competition among buyers & increases price of steel in domestic russian market. This would happen till price of steel in russian domestic market equates steel global price.

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34kurt
The answer to the given question is "INTENSIVE" distribution.

When creative pen company designed a new, ergonomically-friendly pen, they wanted to, literally, get in the hands of as many consumers as possible. The creative pen will likely choose an "INTENSIVE" distribution.
7 0
3 years ago
Can Transnet raise extra capital for expansion
Butoxors [25]

Answer:

Yes

Explanation:

Enjoy your day. Thanks for the question

6 0
1 year ago
Baa-rated bonds currently yield 6%, while Aa-rated bonds yield 4%. Suppose that due to an increase in the expected inflation rat
ollegr [7]

Answer: The new confidence index is 0.7143

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To calculate the new confidence index;

STEP1: Add the bond increase to the current bond;

6% + 1% = 7%

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8 0
3 years ago
The principal offensive strategy options include all of the following EXCEPT:A.using a cost advantage to attack competitors on t
Len [333]

Answer:

All are options for offensive strategy

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Now, what the term principal offensive strategy refers to is that it is a type of corporate strategy that pushes for changes within the industry. What we are trying to say is that, the principal offensive strategy pursues an agenda that is pushing for a change within the industry.

Efforts might be concerted or individual steps might be taken. Hence, various techniques or strategies are in place to be used.

Offensive strategy types includes, an end run strategy where a company does not want competition and thus explore the part of the market with little or none.

A preemptive one which seek to conform some advantages on the company as it is the first one based on demographics

Others include: an acquisition and a direct attack strategy

3 0
3 years ago
In a firm's external environment, _____ primarily capture population characteristics related to age, gender, family size, ethnic
Tpy6a [65]

Answer:

demographic trends

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Demographic trends cover statistics such as age, gender, religion and socioeconomic class.

I hope my answer helps you

4 0
3 years ago
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