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Goryan [66]
2 years ago
13

During the 16th and 17th centuries many European countries adopted the belief that the best way to have a prosperous country was

to heavily regulate the economy and limit imports from other countries while trying to accumulate as much gold and capital as possible. What is the name for this set of practices?
Business
1 answer:
ruslelena [56]2 years ago
8 0

Answer:

Mercantilism

Explanation:

Mercantilism is a type of economic nationalism. It is the belief that a nation's economic prosperity is an assessment of how much gold or silver it has.

mercantilism is based on the idea that by increasing exports and minimising imports, the wealth and power of a Nation was best served.

By discouraging the buying of foreign products, England grew it's wealth by making its people to only buy products from Britain.

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In-s [12.5K]

Answer:

Hello, good morning. How's your day so far? thats the answer

4 0
3 years ago
Read 2 more answers
The markup on a TV should be 58% based on selling price. If the seller paid $252 for one, then how much should it be sold for (i
FinnZ [79.3K]

Answer:

=$398.16

Explanation:

Mark up represents the desired profits of a product. A percentage mark-up increases the price of a product by that specific percentage.

If the cost is $252 and the required mark-up is 58%, the selling price will 58% higher than $252.

= 58% of 252 + 252

= (58/100 x 252 ) + $252

=$146.16 +252

=$398.16

3 0
3 years ago
Why do businesses take financial cost into account other than social cost when making decisions.
deff fn [24]

The correct answer to this open question is the following.

Although there are no options attached we can say the following.

Why do businesses take financial costs into account other than social costs when making decisions.?

The reason why is because businesses are created to make profits. And financial costs directly impact sales, revenue, and profits. Any other consideration that does not directly affect the balance sheet or the bottom line, is not considered a priority and takes the back seat when business decisions are made.

On the other hand, the social cost should be important and it is, but not as important as the financial costs for the above-mentioned reasons.

Social costs are more on the side of the ethics of the managers or leaders of the organizations. And ethics and moral values are not a prominent thing to be considered in the decision-making process of modern corporations.

7 0
2 years ago
When choosing between two alternatives, such as replacing or not replacing the machine, do not include _______ costs in the anal
zysi [14]

Answer:

Head Office Cost Allocations

Explanation:

Usually Projects have Head Office costs that are allocated to them.

Head office costs allocated to projects will be the same for the choices of alternatives (replacing or not replacing the machine).

The Head office costs are a costs that is incurred at Head office as well.

Thus, Head Office Costs allocations are <em>irrelevant</em> and must not be included in the analysis.

4 0
3 years ago
When two people witness something at the same time and in the same situation yet interpret it differently, factors that operate
SpyIntel [72]

Answer:

The correct answer is (A)

Explanation:

Every individual has a different sense of thinking and perceiving things and moments. Perceiving things is all about judging, observing and percipient. IN that regard, two people having the same experience can perceive things differently. People interpret things based on their perceptions. Perception can change through experience and knowledge. So, an important factor which shape perception depends on perceivers.

6 0
2 years ago
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