Answer:
Particulars Amount
Beginning inventory, September 1, 2013 $18,870
Purchase $
224,790
Less: Purchase return and allowance <em><u>$
5,430</u></em>
Net purchase $
219,360
Add: Freight in $9,780
Cost of goods purchased <u>$229,140</u>
Cost of goods available for sale $248,010
Less: Inventory August 31,2014 <u>$20,100</u>
Cost of goods sold <u>$227,910</u>
Answer:
US specialisation in TV can be stated on the basis of Absolute Advantage, not comparative advantage.
Explanation:
Absolute Advantage is when a country can produce more output per input of a commodity, than other country.
Comparative Advantage is when a country can produce a good at lower opportunity cost (in terms of other sacrifised)
China can produce more (ie 5 units television) per hour employed, compared to US able to produce lesser (3 units) in the same time. So, on the basis of Absolute Advantage, it can be stated that US should specialise in TV production.
However, since other good's details have not been given. So, we cannot attain the relative opportunity costs. Hence, specialisation on the basis of comparative advantage can't be stated.
Thank you for posting your question here at brainly. I hope the answer will help. The mission statement "Acme inc. has a mission statement that is open to interpretation. Many stakeholders identify with it." is <span>ambiguous.</span>
Answer:
They lower their prices.
Explanation:
As a<u><em> monopoly is stablished</em></u> then the next step is to<u><em> reduce prices </em></u>when competitors try to enter the market so they remain being the company with the biggest<u><em> share of the market. </em></u>
Answer:
(A). Federal Administrative Agency
Explanation:
The Securities and Exchange Commission(SEC) is an independent federal government agency responsible for protecting investors, maintaining fair and orderly functioning of the securities market.
The Securities and Exchange Commission was created in 1934 to help restore investor confidence in the wake of the 1929 Stock Market Crash.
The SEC is allowed to bring only civil actions, either in federal court or before an administrative judge.
Most of the administrative agencies are under the supervision of the President. Since SEC is an independent body, the President exercises limited power and control over it. But he does play a major role in influencing the activities of such independent bodies.
Thus, The Securities and Exchange Commission is an example of a Federal Administrative Body i.e option (A).
