The development of an internationally distributed
collection of multimedia files addressed using universal resource locators led
to the world-wide web (www).
Tim Berners-Lee, who was an English scientist invented
the World Wide Web (WWW) in 1989. The global information medium,
accessed by the use of internet, where documents and other web resources are recognized
and it is also refers to the collection of public websites. Web and Internet
are different terms, they are mostly misunderstood.
Answer:
Income will increase by $5 per unit
Explanation:
The income effect in case of the order accepted is presented below:
As we know that
Additional sales per unit $32
Direct material per unit $12
Direct labor per unit $9
And, the incremental variable overhead cost is $6 per unit
Since the fixed cost is the same so it does not affect the effect on income
So, the income effect would be
= $32 - $12 - $9 - $6
= $5 per unit
Since the answer comes in positive which means there is an increase in income
Answer: Option B
Explanation:
A trade restriction is an artificial restriction on the trade of goods and/or services between two or more countries.
The right option is B because the statement contains one error; domestic producers gain at the expense of foreign producers rather than domestic consumers.
