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
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.

You might be interested in
Following are the accounts and balances from the adjusted trial balance of Stark Company. Notes payable $ 11,000 Accumulated dep
DENIUS [597]

Answer:

                    STARK COMPANY

                  INCOME STATEMENT

      FOR THE YEAR ENDED DECEMBER 31

PARTICULARS                          AMOUNT$

Service Revenue                           20,000

<u>Less-Expenses</u>

Supplies expense           200

Interest expense             500

Insurance expense         1800

Utilities expense             1300

Depreciation expense    2000

Wages expense              7500

Total expenses                              <u>13,300</u>

Net profit                                       <u>$6,700</u>

                              STARK COMPANY

                  STATEMENT OF RETAINED EARNINGS

FOR THE YEAR ENDED DECEMBER 31                       Amount$

Retained earnings December 31 prior year end            14,800

Add- Net income                                                               6,700

Less- Dividends                                                                 3,000

Retained earnings, December 31 Current year end   $18,500

8 0
3 years ago
Which of the following are examples of job amenities?A. a child-care center at work B. health insurance benefits C. pleasant wor
Temka [501]

Answer:

The correct option here is E) all of the above.

Explanation:

Job amenities are nothing but the perks or benefits that a employee receives from his or her employer company . There can be various benefits that a employee can receive like health insurance, pension plan , dental insurance, vacation, or sick days , good working conditions etc.

All of the choices given in the question are examples of job amenities that a employee receives

6 0
3 years ago
Green and yellow are adjacent on the color wheel; what does this mean?
matrenka [14]

Answer:

analogous

Explanation:

both green and yellow are a part of analogous

5 0
3 years ago
Why is ADS low this week
Mumz [18]
Because it misses the I is AiDS
I'm sorry I hope that gave u a chuckle. 

But I do not understand the question. Are there answer choices or?
7 0
3 years ago
What is the maximum days supply of isotretinoin that may be dispensed per prescription?.
soldi70 [24.7K]

30-days is the maximum days supply of isotretinoin that may be dispensed per prescription.

Prescription is a health practitioner's written course for the medicine that a person wishes and the way it's miles for use, or the medicine itself: The doctor gave me prescriptions for antibiotics and cough syrup.5 days ago.

1- simple prescription: those written for a unmarried component or prefabricated product and no longer requiring compounding or admixture by way of the pharmacist. 2- Compound or complicated prescription: the ones written for greater than a unmarried factor and requiring compounding.

Learn more about prescription here:brainly.com/question/1392739

#SPJ4

6 0
1 year ago
Other questions:
  • Omega Company makes and sells jungle gyms and tree houses for children. For jungle gyms, the price is $150 and the variable expe
    12·2 answers
  • Twenty percent of the employees of abc company use direct deposit and have their wages sent directly to the bank. assume we rand
    5·1 answer
  • The following December 31, 2021, fiscal year-end account balance information is available for the Stonebridge Corporation: Cash
    5·1 answer
  • If a firm sells on terms of 2/10, net 30 days, and its DSO is 28 days, then the fact that the 28-day DSO is less than the 30-day
    6·1 answer
  • Honda Motor Company is considering offering a $ 1 comma 800 rebate on its​ minivan, lowering the​ vehicle's price from $ 29 comm
    12·1 answer
  • So you can retire early, you have decided to start saving $500 a month starting one month from now. You plan to retire as soon a
    14·1 answer
  • The balance sheet value of a firm's inventory is $60,000. Suppose that the firm purchases supplies at a cost of $3,500 and adds
    15·1 answer
  • Erica decides to spend $50 on a ticket to a concert with friends instead of buying a new pair of jeans. What is the opportunity
    10·2 answers
  • Which of the following is an example of a broken job-role stereotype? A female forest ranger A female secretary A male architect
    8·1 answer
  • Once the information is complete and conclusions are made, then management can make more confident business decisions. This is p
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!