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Harman [31]
3 years ago
6

______________ was a seventeenth- and eighteenth-century belief that a nation should try to sell more goods to other nations tha

n it buys from them.
Business
1 answer:
GarryVolchara [31]3 years ago
3 0

Answer:

Mercantilism

Explanation:

Mercantilism is the belief that a country should always run a trade surplus. The European powers (Portugal, Spain, France, The Netherlands, and Britain) of the seventeenth and eighteenth century had colonies from where they extracted resources in order to enrich the mother country and keep the trade surplus.

For this same reason, the power prohibited intercolonial trade, since it could reduce the mother country's trade surplus, or even, turn it into a deficit.

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What was the main reason that Carnegie invested in the Frick Coke Company? He wanted to make sure he could always get fuel for h
Nikolay [14]

I believe the answer is: He wanted to make sure he could always get fuel for his steel plant.

At that time, the Frick Coke company was the largest coal producer in the country and they control about 80% of the coal market share. At that time, coal is the most important fuel resources for steel industries, they are used to melt and shapes the steel products.

4 0
3 years ago
Read 2 more answers
The determinants of the supply of a good are any factors other than the product's ______ that cause the supply curve of the good
Vlada [557]

The determinants of the supply of a good are any factors other than the product's price that cause the supply curve of the good to shift.

<h3>What is supply curve?</h3>

The supply curve can be regarded as  graphic representation which is used in showing the relationship that exist between between the cost of a good or service and  quantity supplied.

However ,  the price is seen at the left vertical axis, of the curve and product's price that cause the supply curve of the good to shift.

Learn more about  supply at; brainly.com/question/25308213

#SPJ1

5 0
2 years ago
When John first starts his job, he rides the bus wherever he goes. However, after one year, John receives a promotion and a pay
vekshin1

Answer:

c. Inferior

Explanation:

Based on the information provided it can be said that this behavior would indicate that to John, a bus ride is an inferior good. This term by definition is a good whose demand decreases when consumer's income rises. Since John received an increased salary with his promotion, he is now able to afford to be able to drive instead of taking the bus. Therefore his demand for taking the bus has drastically decreased.

4 0
3 years ago
The area of accounting that provides managers inside the organization with information they need to make decisions is called: a.
Murljashka [212]

Answer:

d. managerial accounting.

Explanation:

Managerial accounting -

It refers to the accounting practice , where identifying , interpreting , analysing and measuring the financial information to managers for the goals and target of the organisation , is referred to as managerial accounting.

It is different from the financial accounting .

Hence , from the given information of the question,

The correct term is d. managerial accounting .

4 0
3 years ago
Howrley-David, Inc., manufactures two models of motorcycles: the Fatboy and the Screamer. Both models are assembled in the same
natima [27]

Answer:

Fatboy = $4,000

Screamer = $5,000

Explanation:

Particulars                         Amount  

Direct labor                       $6,000,000  

Indirect materials               $1,800,000  

Other overhead                $4,200,000  

Conversion costs                 $ 12,000,000  

Number of units assembled  6,000  

Operation cost per unit           2,000

Particulars                 Fatboy        Screamer            Total

Operation cost             $4,000,000     $8,000,000   $12,000,000

Fatboy = 2,000 × 2,000

Screamer = 4,000 × 2,000

Materials cost             $4,000,000     $12,000,000   $16,000,000

Fatboy= 2,000 × 2,000

Screamer = 4,000 × 3,000

Total cost              $8,000,000 $20,000,000    $28,000,000

Number of units       2,000         4,000             6,000

Unit cost                $4,000          $5,000

7 0
4 years ago
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