1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
kow [346]
3 years ago
14

Why does the US import oil?

Business
1 answer:
agasfer [191]3 years ago
6 0

Answer:

C. because it does not produce enough oil.

Explanation:

Although, the United States is one of the leading producers of oil, yet still import oil because it does not produce enough oil to meet the demand of its citizens. In other words, the United States consumes more than what she can produce.

Another reason is that most refineries in the United State are created basically for heavy crude whereas most of what she produce are light crude oil. The United States import the oil she is able to process while she export to other countries to complete the setup process.

The remedy to the above situation is when new refineries are built which are somewhat expensive or the existing refineries are upgraded to meet with the demand.

You might be interested in
The Versatech Corporation has decided to produce three new products. Five branch plants now have excess product capacity. The un
Ratling [72]

Answer:

A parameter table was constructed to show the transportation problem and to also obtain an optimal solution.

Explanation:

<u>Solution</u>

(a) the first step is to prepare  the problem as a transportation problem by establishing  the appropriate parameter table

                            1        2          3            Supply

Source    1           31      45      38             400

(Plant)      2          29     41       45             600

               3           32     46      40            400

               4           28     42      M              600

               5           29     43      M              1000

     Demand        600    1000  800

The total supply  is = 400 + 600 + 400+ 600+ 1000= 3000

Total demand is = 600 + 1000 + 800 = 2400

(b) since the problem given is an imbalanced transportation problem,to make it a balance transportation problem we will make use of what is called the dummy destination for this numbers 3000 - 2400 = 600

                  1        2          3                  4 (Dummy)      Supply

Source    1           31      45      38               0                   400

(Plant)      2          29     41       45               0                   600

               3           32     46      40               0                   400

               4           28     42      M                 0                   600

               5           29     43      M                 0                    100

Demand             600    1000  800          600

The positive independent number of  allocations is equal to m+n -1 = 5 + 4-1 =8

This solution is a basic feasible solution called a non -degenerate

The cost of initial transportation is he initial transportation cost=31*400+29*200+41*400+46*400+42*200+M*400+M*400+0*600

=$61400+800M

Note: kindly find an attached document of the part of the solution of the work.

4 0
4 years ago
In order for a business to be really successful,
poizon [28]

it would be a as a team I hope this helps

3 0
2 years ago
Valli Company uses the percentage of sales method for recording bad debts expense. For the year, cash sales are $700000 and cred
marshall27 [118]

Answer:

Adjusting entry Valli Company will make to record the bad debts expense:

Debit Bad Debts Expense $25,000

Credit Allowance for Doubtful Account $25,000

Explanation:

Valli Company uses the percentage of sales method for recording bad debts expense. Bad debts expense is calculated by using the following formula:

Bad Debts Expense = % Estimated Bad debts × Credit Sales

In Valli, Credit sales are $2,500,000 and % estimated is 1%.

Bad Debts Expense = 1% x $2,500,000 = $25,000

The adjusting entry to record the bad debts expense will be:

Debit Bad Debts Expense $25,000

Credit Allowance for Doubtful Account $25,000

6 0
3 years ago
Kelly and tim jarowski plan to refinance their mortgage to obtain a lower interest rate. they will reduce their mortgage payment
xxTIMURxx [149]
<span>If you divide 1650 to 56, the answer is 30 months rounded up to the nearest number. I am not sure if this is worth it and am wondering if people actually pay money to do this. If you were taking down monthly payments by 200 dollars or more, it would be worth it since you will be saving more money on a monthly basis. You can have more money for gas, groceries and other bills.</span>
6 0
3 years ago
Dante is looking forward to his friend's presentation on the top ten classic horror movies. He usually sits next to the air cond
lawyer [7]

Answer:

(d) Identifying distractions.

Explanation:

Distraction is the process of diverting the attention of an individual or group from a desired area of focus and thereby blocking or diminishing the reception of desired information. Also distractions can come form both external sources and internal sources. Dante's is external and he was able do identify it and got a solution.

5 0
4 years ago
Other questions:
  • Show what you need for each of your calculator keys when computing your answer.
    7·1 answer
  • Calhoun produce, a ____, takes possession of truckloads of tomatoes, arranges for storage, and transports them to auctions to be
    5·1 answer
  • Analysis reveals that a company had a net increase in cash of $20,330 for the current year. net cash provided by operating activ
    5·1 answer
  • What countries represent the largest global business opportunities for the next decade
    10·1 answer
  • The maintenance expense (paid at the end of the year) on a machine, with 6 years of useful life, is expected to be (in constant
    6·1 answer
  • The following totals for the month of April were taken from the payroll register of Magnum Company. Use this information to answ
    12·1 answer
  • What role do government agencies play in a mixed market economy?
    5·1 answer
  • Tom bought 5 bonds with $1,000 face value for $1,100 5 years ago. The coupon rate is 8%. Tom sold the bond for $900 today. What
    10·1 answer
  • The right to receive an impartial review of one's complaints and to be dealt with fairly is known as:_________.
    7·2 answers
  • The following information is available for Kiss Company: Sales$100,000 Operating expenses$94,000 Operating assets$40,000 Stockho
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!