This is tough to answer in 3-5 sentences, and tends to also be a heavy identifier of your possible political leanings. You'll have to apologize if some of mine leak out in the response, but this is a question we debate hotly more frequently than every 4 years.
In general, international trade can help increase the GDP and overall profits for US-based corporations. However, if all we do is export, and we don't import, other countries don't look favorably upon that and may heavily tax our goods to counter this.
I believe we do need to be thoughtful about the amounts and kinds of international trade that we engage in. For example, farming is always a hotly debated issue for international trade, in part because farmers in other countries with a dramatically lower cost of living OR farmers in countries with a favorable currency rate (exchange from their currency to our dollars gives them an advantage) can undercut our farmers here in the US, many of whom are already struggling.
There are also those who are worried that when we import produce from countries that have not outlawed pesticides we know are carcinogenic, for instance, this creates not only a disadvantage for US farmers, but also for consumers who may be concerned about health issues.
As another example of this, many countries outlawed import of US beef during the Mad Cow Epidemic. We in turn also placed bans on importing beef from the UK.
These are examples of why it's important to be thoughtful about trade, but there are certainly many others, including decline in production jobs within the US that have left cities like Detroit a ghost town (this was formerly the hub of our automotive industry production).
Answer:
(i) Option (A) is correct.
(ii) Option (A) is correct.
Explanation:
(i) Marginal revenue refers to the change in total revenue obtained from the sale of an extra unit of a commodity. It is calculated by differentiating total revenue with respect to output. It is shown as:
where,
TR = Total revenue
q = output
(ii) In a perfectly competitive market, price is equal to both average revenue and marginal revenue. Since, firms in a competitive market are not required to reduce the price of their product for selling more number of units. Hence, the average revenue remains the same at all the level of output. That's why average revenue in equal to the price under perfect market conditions.
Therefore, every additional unit of an output is sold at a same price, so the marginal revenue obtained from an extra unit is constant and hence, price is equal to the marginal revenue.
Answer:
$2,842
Explanation:
total amount that the PPO will pay = $20,300 x 70% = $14,210
Marie has to pay 20% of that amount = $14,210 x 20% = $2,842
A preferred provider organization (PPO) is a type of healthcare insurance that provides discounts if you use their network physicians and providers. In this case, Marie received a 30% for going to that hospital.
Hİ!
I'M İLAYDA.
I'M TURKISH.
<h3> THE TURKISH AUTHORS:</h3>
- Orhan Pamuk>>Orhan Cotton
- Elif Şafak
- Yaşar Kemal
- Ahmet Hamdi Tanpınar
- Ömer Seyfettin
- Muzaffer İzgü
- Halide Edip Adıvar
Answer:
a. According to UPA Section 6, a partnership is
“the association of two or more persons to carry on as co-owners a business for profit…whether or not the persons intend to form a partnership.”
b. "Association" means coming together to act as one.
c. Yes. They qualify as forming an "association."
d. Yes. The situation involved in the case involves "two or more persons."
e. Yes. The situation in the case involves a business being carried on for profit.
f. When we say the partners must be co-owners, it means that the "two or more persons" are joint owners. Each partner owns a part of the entity.
g. The four elements of the definition of a partnership are met. This implies that the two corporations could form a partnership under the UPA or the Revised UPA (RUPA).
Explanation:
The act clearly identified that a partnership must have two or more persons coming together to carry on the business for profit as co-owners. The implication is that there are four elements that must be met for an entity to be declared a partnership. They include: "association," "two or more persons," "carry on a business for profits," and "as co-owners."
