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Inga [223]
3 years ago
7

Which is the most accurate statement about trade? a. Trade can make every person better off. b. Trade helps rich people and hurt

s poor people. c. Trading for a good can make a person better off only if the person cannot produce that good itself. d. Trade makes some people better off and others worse off.
Business
1 answer:
laiz [17]3 years ago
7 0

Answer:

a. Trade can make every person better off.

Explanation:

Trade generates a benefit for all parties trading. If a party do not fell like winning with trade, it will stop trading and the trade will not occur. It is important for each party to make sure the other wants to keep trading, so quantity and price will be based upon both parties agreement.

A person can trade for product she produces, for example a person who produce a certain fruit can buy the same fruit when is off-station in their side of the world with another producer.

It could also trade becasue is the raw material of a finished product and it need more input for his facilities.

If a person or a party who is trading thinks is worse than before the trade, then it will stop trading so, as long as there is trade, both parties are better off after the trade.

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Aims of Accelerated Growth Initiative for South Africa
irinina [24]

Answer:

The Accelerated and Shared Growth Initiative for South Africa (AsgiSA) was prepared during 2005 and launched in February 2006. Its objectives were to introduce policies, programmes and interventions that would allow the South African economy to grow enough to halve poverty and unemployment between 2004 and 2014.

Explanation:

6 0
3 years ago
. Suppose you own a bookstore. You believe that you can sell 40 copies per day of the latest John Grisham novel when the price i
Iteru [2.4K]

Answer:

PED = 0.67 inelastic demand

you should not lower the price of the book

Explanation:

the midpoint formula for calculating price elasticity of demand = {(Q2 - Q1) / [(Q2 + Q1) / 2]} /  {(P2 - P1) / [(P2 + P1) / 2]}

PED = {(50 - 40) / [(50 + 40) / 2]} /  {(25 - 35) / [(25 + 35) / 2]} = [10 / (90 / 2)] /  [-10 / (60 / 2)] = (10 / 45) / (-10 / 30) = 0.222 / -0.333 = 0.67

the PED = 0.67 which means that the demand is inelastic

if you lower the price of the book, the increase in number of books sold will be proportionally lower than decrease in price, so you will lose money by doing that.

7 0
3 years ago
During 2020 the Ivanhoe Company had a net income of $85700. In addition, selected accounts showed the following changes: Account
lilavasa [31]

Answer:

$85,400

Explanation:

The cash flow statement categories the company's transactions in a financial period into 3 groups; these are operating, investing and financing.

The net profit/loss, depreciation, changes in current assets (other than cash) and liabilities are considered as operating activities including income taxes.  

The sale of assets, interest received, purchase of investments are examples of investing activities while the issuance of stocks, debt principal deduction (loan settlement), issuance of debt securities etc are examples of financing activities.

Accounts Receivable $3100 increase - Operating cash outflow

Accounts Payable 1200 increase - Operating cash inflow

Buildings 4000 decrease -  Investing

Depreciation Expense 1600 increase - Operating cash inflow  

Bonds Payable 8100 increase - Financing cash inflow

Amount of cash provided by operating activities

= -$3100 + $1200 + $1600 + $85700

= $85,400

3 0
3 years ago
Jacob's physical toy store relies on offline metrics, such as store visits and in-store sales. He's heard that specialized campa
Citrus2011 [14]

Brand awareness campaign is the type of campaign that is done by the Jacob in hi physical store as he doing store visits and in-store sales and heard that specialized campaign types can help him meet these kinds of goals.

<h3>What is brand awareness campaign?</h3>

Brand awareness campaign is mostly done to promote the new brand or the unknown brand, which needs exposure to get well placed in the market.

Brand awareness is very useful tool for the company as they promotes the products plus brand name ans make the remark of the brand in customer's mind.

Thus, it is Brand awareness campaign.

For further information, Brand awareness campaign, click here:

brainly.com/question/14773098

#SPJ1

6 0
2 years ago
How many steps are in the risk management process?
arlik [135]
5 steps are taken to manage risk. This is referred to as the “Risk Management Process.”
3 0
3 years ago
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