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Furkat [3]
3 years ago
10

Why does competition among traders affect how much of the gains from trade are given to the countries involved in the trade?

Business
1 answer:
erma4kov [3.2K]3 years ago
5 0

Answer:

As competition increases, traders must offer certain advantage to their clients, e.g. lower prices, credit sales, longer payment terms, etc., which end up benefiting their clients, and also traders will be willing to relinquish some of their gains to keep existing clients.

This is exactly the same thing that occurs in a given market when the number of suppliers increases, decreasing the equilibrium price and increasing consumer surplus.

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The total assets of brandon co. are $900,000 and its liabilities are equal to one-fourth of its total assets. what is the amount
yuradex [85]
900,000 / 1/4 = liabilities
900,000 - liabilities - stockholder's equity

900,000/4 = 225,000
900,000 - 225,000 = 675,000
5 0
3 years ago
Read 2 more answers
What is the greatest concern with applying new technologies like the cloud in manufacturing?
Sergeu [11.5K]

Answer:

Theft of intellectual property.

Explanation:

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3 0
3 years ago
A manager wants to determine the number of containers to use for incoming parts for a kanban system to be installed next month.
Shalnov [3]

Answer:

y

Explanation:

7 0
3 years ago
A style guide, such as an MLA manual, will assist you in:
Arada [10]

Answer:

d

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4 0
3 years ago
On January 1, 2014 the Accounts Receivable and the Allowance for Doubtful Accounts carried balances of $30,000 and $500, respect
san4es73 [151]

Answer:

correct option is $750

Explanation:

solution

we know here that Net balance of opening accounts receivable is

Net balance of opening accounts receivable = $30000 - $500

Net balance of opening accounts receivable = $29500

and

Credit sales during the year is here $7500 0

and Cash payments received = 74550

so

uncollecectible account expenses = credit sales × % of sale uncollectible

so uncollecectible account expenses = $75000 × 1%

uncollecectible account expenses  = $750

so correct option is $750

8 0
3 years ago
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