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3 years ago

Explain the history of the country’s economy of cuba

Business

1 answer:

butalik [34]3 years ago

5 0

Answer:

The economy of Cuba is a largely planned economy dominated by state-run enterprises.The country's economy had grown rapidly in the early part of the century, However, from 1996, the State started to impose income taxes on self-employed Cubans.

Explanation:

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Look at the map showing the European Union (EU) and its free-trade agreement (FTA) countries.

shepuryov [24]

The actual correct answer is: The European Union's free-trade agreements include agreements with both developed and developing nations.

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3 years ago

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Mike wants to purchase an $11,350 car with a loan from a credit union that requires a 20% down payment. what amount will Mike bo

djyliett [7]

He will borrow 80% of the cost of the car.
80/100*11350= $ 9080

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4 years ago

The Blanket Company (TBC) manufactures two types of blankets. One is made of nylon. The other is made of wool. The budgeted per-

Ksenya-84 [330]

Answer:

contribution margin of nylon blankets = $64

contribution margin of wool blankets = $120

annual fixed costs = $743,000

sales mix = 75% nylon blankets, 25% wool blankets

weighted contribution margin = ($64 x 75%) + ($120 x 25%) = $78

if TBC wants ot make $115,000 in profits it must sell:

= ($743,000 + $115,000) / $78 = 11,000 units

TBC must sell 2,750 wool blankets and 8,250 nylon blankets.

The Blanket Company (TBC)

Income Statement

Sales revenue $1,804,000

Variable costs ($946,000)

Contribution margin $858,000

Fixed costs ($743,000)

Operating income $115,000

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3 years ago

For the past two years, Swen Johannsen, owner/general manager of Swen's Fine Duds, a local men's clothing store, has fought to s

Viefleur [7K]

Answer:

Swen is using product/service repositioning strategy.

Explanation:

Product Repositioning simply refers to the art of altering the target markets perception of one's product and or services.

Swen is still in the clothing business. He has only changed the way he delivers it to the target consumers.

Of course, this sometimes calls for a change in product mix (which refers to altering the type of products being offered). However, the central idea of the strategy still holds as customers now see the business differently.

This type of strategy is easier to pull off for start-ups, or unpopular businesses trying to make a comeback. Where the business is a well-established brand, it can prove extremely difficult and may be costly.

Cheers.

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3 years ago

You charge a price of $5 for a pair of earrings and produce 100 pairs. At this price, consumers demand 200 pairs of earrings. Th

Dima020 [189]

Raise the price of your earrings

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3 years ago

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