Increased manufacturing has helped some countries fill up the gaps.
People and policymakers should be educated about how expensive a trade war can be.
- It's possible that some politicians will be educated about the dangers of protectionism.
- Learning that, as Norway, Korea, and many others have discovered this year, a favorable trading nation is not necessarily friendly.
- commercial and political figures to help you expand your exports to a wide range of nations. Do not concentrate your exports in a single nation.
Identify opportunities to produce new products in order to boost exports in nations that rely heavily on imports.
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Answer:
Total Variable Cost, Variable Cost Per Unit
Explanation:
- The increase of the activity is associated with the increase of the total variable costs and costs per the unit and is the sum of the variable cots of each individual product developed and is obtained by multiplying one unit of the variable cost to the products.
Answer: $35,000
Explanation:
Implicit rental price = Interest payment + Depreciation
Interest payment = 5% * 500,000
= $25,000
Implicit rental price is therefore:
= 25,000 + 10,000
= $35,000
