Sew much fabrics is an example of a company that imports.
<h3>What does import mean?</h3>
Import is when a good or service is brought into a country from a foreign country. An example of import is when a person living in the US buys silk from Italy.
Reasons for import
- There may be more varieties in foreign countries.
- The imported good could be of a better quality.
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Answer:
$47,200
Explanation:
For computing the budgeted purchase, first we have to determine the purchase unit which is shown below:
= Sale units + ending inventory units - beginning inventory units
where,
Sale units are 1,300 units
Ending inventory units = 900 units × 30% = 270 units
Beginning inventory units = 1,300 × 30% = 390 units
Now put these units to the above formula
So, the units would equal to
= 1,300 units + 270 units - 390 units
= 1,180 units
Now the budgeted purchase would be
= 1,180 units × $40
= $47,200
Answer:
Agriculture is the traditional basis of the economies of the West Indies.
<h3>
What is the economy of the West Indies?</h3>
- Agriculture is the traditional basis of the economies of the West Indies, but production and employment in agriculture have been declining.
- Most countries are not self-sufficient in food production, and cereals, primarily wheat, are the chief food imports.
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Answer: The following are reasons for increase in ethical violations among business leaders in the 21 century:
1. The 24/7 news cycle place a more scrutiny on unethical behaviour.
2. Globalization allows business to operate in region where ethical risk are greater.
3. Digital communication are more susceptible to hackers and whistle blowers.
Explanation:
False.
It DECREASES. The midpoint of the demand curve will be unitary elastic, whereas above it, it will be elastic and below it, it will be inelastic.