Answer:
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$13,070
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Explanation:
The Cost of inventory = all cost of purchase; including costs of conversion and transfer.
Calculation of Inventory Cost FOB ship.
Cost of Purchase $12,000
Transportation-in $100
Shipping insurance $170
Car import duties $800
Total Cost $13,070
Answer:
False, jobs requiring a higher level of education have more benefits than jobs that require minimal education.
False - because not every business plans work
Answer:
Explanation:
All of the above.
Companies will be attracted to nations that encourage market exchange and not restrict it, reward innovation, and protect people and property,
Answer:
Allocate existing resources more efficiently among competing uses.
Explanation:
The main goal of resource development is to find ways that allocate resources more efificiently, to spread the available resources in a way that maximizes economic and social benefit taking into account the different competing uses.
Resource development does not necessarily promote central planning because it can make use of market strategies to achieve its goal, and it cannot increase the amount of resources available as well, because these are determined by the natural endownment that each area has.