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3 years ago

Whether exchange is between individuals, firms, or countries, voluntary trade occurs because:

Business

1 answer:

larisa86 [58]3 years ago

5 0

Answer:

b.both parties are made better off.

Explanation:

People voluntary to trade when they will better off after the trade. Since individual or nation has different proficiency and endowment resources, the ability to produce some product will be different for each country.

For example, German people are skillful of making beer. They have efficient production. Whereas France have expertise in making perfume. It is reasonable for German people to buy perfume from France since it is cheaper and has better quality than making it themselves. On the other hand, if french want to drink beer, it is cheaper to buy from Germany. Thus, both Germany and France will be better of after the trade.

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Which business document most likely would contain instructions?

Feliz [49]

B) printer warranty

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4 years ago

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Myles Manufacturing Company's accounting records reflect the following inventories: Dec. 31, 2014 Dec. 31, 2013 Raw materials in

Basile [38]

Answer:

Myles Manufacturing Company

Cost of Goods Sold = $2,700,000

Explanation:

Cost of Goods Sold:

Beginning Inventory of Raw Materials = $820,000

Purchase of Materials = $900,000

Less closing inventory of Raw Materials = $620,000

Cost of Raw Materials used in production = $1,100,000

Opening WIP = $220,000

Cost of Raw Materials used in production = $1,100,000

Direct Labour = $1,000,000

Manufacturing Overhead = $960,000

Less Closing WIP = $300,000

Cost of Goods Manufactured = $2,980,000

Opening Finished Goods = $100,000

Cost of Goods Manufactured = $2,980,000

Less closing Finished Goods = $380,000

Cost of Goods Sold = $2,700,000

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3 years ago

How unemployment is impacting on the south africa economy?

Evgesh-ka [11]

Unemployment continues to rise to unacceptable level. As David Lipton said if the government are to navigate this dangerous period. Government must respond concretely to all of these challenges. Despite of political obstacles. This is important to all countries specially South Africa.

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3 years ago

In cultures that are high in uncertainty avoidance,————-

lukranit [14]

Culture is known to be the way of life of people in a particular place. In cultures that are high in uncertainty avoidance is one where orderliness, consistency, and structure are important.

Uncertainty avoidance is simply known as the way cultures socialize its people or members to feel in uncertain, novel, surprising, or in surprise situations.

People who have high uncertainty avoidance cultures often capitalizes on strict orderliness and consistency in behavior.

Conclusively, The ability to approach cross-cultural work relationships with a learner mind-set is known to be an attribute of high cultural intelligence.

Learn more about Culture from

brainly.com/question/25010777

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2 years ago

Match the items with their descriptions.

Studentka2010 [4]

Answer:

a2,b4,c3,d1

Explanation:

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3 years ago