Semiperipheral countries. they have traditional values and institutions.
<h3>What is Semi-periphery countries?</h3>
- According to world-systems theory, the industrialising, primarily capitalist countries that are situated halfway between the periphery and the core countries are the semi-periphery countries, also known as merely the semi-periphery.
- Semi-periphery countries are frequently situated physically between core and peripheral regions as well as between two or more competing core regions.
- They have organisational traits with both core countries and periphery countries.
<h3>What do you mean by semi-peripheral regions?</h3>
- Semi-peripheral areas in world systems theory are those that are situated halfway between the core and the peripheral.
- The organisational structure of these nations or areas is made up of both core and peripheral nations, and they are frequently situated geographically between two or more core nations.
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Answer:
Exchange influence tactic
It means to express one's promise or trading favours
Explanation:
Influence tactics are the strategies a leader or an organization adopts so as to get people committed to them, such strategy could be positive and negative, hard or soft.
Examples of influence tactics includes rational persuasions, exchange, personal appeals, pressure, consultation, Ingratiation, etc.
Answer:
Explanation:
Bank reconciliation statement:
Cash account balance $3950
Less: Deposit in transit ($900)
Less: Bank service charges ($75)
Add: Interest added to the checking account by the bank $150
Add: Checks outstanding $960
Less: Check drawn incorrectly charged by the bank ($85) [150-65]
Adjusted balance $4,000
Net purchases including Freight-in and cost of goods purchased were $3666,000.
calculation:-
Purchases $404,000
Purchase Returns and Allowances $13,000
Purchase Discounts of $9,000,
Freight-In $16,000.
Net purchases and cost of goods purchased = ( $404,000 - $13,000 -$9,000 - $16,000.)
Freight-in is the cost incurred to ship finished goods to a distributor or retailer. Freight-in is considered a selling expense and is expensed when incurred.
Freight-out is the cost of delivering finished goods to a customer. The cost of freight charges paid to ship goods sold to customers is called freight-out, and it is paid by the seller, not by the purchaser.
The shipping cost is to be paid by the buyer of merchandise purchased when the terms are FOB shipping point. Freight-in is considered to be part of the cost of the merchandise and should be included in inventory if the merchandise has not been sold. It is a direct expense and is thus debited to the trading account.
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Answer and Explanation:
The computation is shown below;
Given that
Price = P = $90
And, the Marginal cost = MC = $18
a.
Now the markup would be
= (P - MC) ÷ P
= ($90 - $18) ÷ $90
= $72 ÷ $90
= 0.80
= 80%
Now the monopoly markup is
b.
As we know that
Monopoly, markup = 1 ÷ elasticity of demand(e)
e = 1 ÷ markup
= 1 ÷ 0.8
= 1.25
The absolute value of e would always be negative so e = -1.25
Therefore
The firm s price elasticity of demand is -1.25
