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3 years ago

The decision about what goods and services will be produced in a market economy is made by

1 answer:

8 0

e. consumers and firms choosing which goods and services to buy or produce

hope it helps I think this is right

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T/F If firms from country A undertake $20 billion of FDI in firms from country B in year 1, and another $20 billion in year 2, t

pogonyaev

Answer: False

Explanation:

In both the first and second years, firms in country A undertook FDI projects of $20 billion in country B. This means that Country A had FDI outflows of $20 billion in those two years not inflows. Inflows are what happens when the FDI is coming into the country.

Country B on the other hand, was receiving money from country A. Country B therefore had FDI inflows of $20 billion in each of the two years and not outflows like Country A had.

4 0

3 years ago

Which of the following will NOT cause a shift in the demand curve for good X?

sammy [17]

Answer:

A. A change in the price of good X.

Explanation:

A demand curve plots price against quantity demanded. A change in price causes a movement along the demand curve according to the law of demand which says an increase in price leads to a reduction in quantity demanded and a fall in price leads to a rise in quantity demanded.

If the price of a complementary good increases, the demand for good x would fall and the demand curve would shift leftwards.

If income increases, and good x is a normal good, the demand curve would shift to the right.

If a change in taste and preference is in favour for good x, more of good x would be demanded and the demand curve would shift to the right.

I hope my answer helps.

4 0

3 years ago

Shankar Company uses a perpetual system to record inventory transactions. The company purchases inventory on account on February

Ksenya-84 [330]

Answer:

Dr. Cr.

February 2, 2012

Inventory $30,000

Account Payable $30,000

February 10, 2012

Account Payable $30,000

Discount received $600

Cash $29,400

Explanation:

Term 2/10, n/30 means there is a cash settlement discount of 2% is available if the payment is made within 10 days after the purchase of goods. Net credit period is 30 days. Purchases were made on February 2 and Payment was made on February 10 within the discount period, so Shankar Company is entitled to claim the discount of 2%. Cash will be paid net of discount.

Discount = $30,000 x 2% = $600

Cash Payment = $30,000 - $600 = $29,400

6 0

3 years ago

Yard Tools manufactures lawnmowers, weed-trimmers, and chainsaws. Its sales mix and unit contribution margin are as follows.

MAXImum [283]

Answer:

Lawnmowers= 30,000

Weed-trimmers= 75,000

Chainsaws= 45,000

Explanation:

First, we need to calculate the weighted average contribution margin:

Weighted average contribution margin= sales proportion*unitary contribution margin

Weighted average contribution margin= (0.2*30) + (0.5*20) + (0.3*40)

Weighted average contribution margin= $28

Now, the break-even point in units for the whole company:

Break-even point (units)= Total fixed costs / Weighted average contribution margin

Break-even point (units)= 4,200,000 / 28

Break-even point (units)= 150,000

Finally, the number of units to be sold for each product:

Lawnmowers= 0.20*150,000= 30,000

Weed-trimmers= 0.5*150,000= 75,000

Chainsaws= 0.3*150,000= 45,000

6 0

3 years ago

In what kind of situation would a silent partner be better than a partner who is very active in the business?

Mariana [72]

Answer:

If you need negotiating

Explanation:

If you need to negotiate, often times a silent partner can be better because they will not get you into more trouble or ruin your presentation with their own activeness.

5 0

3 years ago

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