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3 years ago

A example of closed economy

Business

1 answer:

irina1246 [14]3 years ago

6 0

Brazil is an example of a closed economy as it has the least amount of imports in the world

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Select the true statement about the relationship between law, ethics, and business.

Vilka [71]

Answer:

Explanation:

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3 years ago

Theresa sued her former employer for age, race, and gender discrimination. She claimed $200,000 in damages for loss of income, $

Nimfa-mama [501]

Answer:

$700,000

Explanation:

Although Theresa claimed $200,000 for damages, $300,000 for emotional harms and $500,000 in punitive damages, the final settlement was made at $700,000.

Hence, the gross income must include the amount which was actually used and received in settlement and this is $ 700,000.

Hope this Clear things up

Good Luck.

5 0

3 years ago

Bennette Corporation has provided the following data concerning its overhead costs for the coming year: Wages and salaries $540,

ollegr [7]

The activity rate for the Order Processing activity cost pool is closest to

542

Explanation:

Given that ,

Wages and salaries $540,000

Depreciation $220,000

Rent $240,000

Cost pool for order processing activity

Activity Cost Pools= 30% 25% 45%

= (540,000*30%) +(220,000*25%)+(240,000*45%)

= (162000)+(55000)+(108000)

=325000

Hence ,the Cost pool for order processing activity =325000

We know that the formula for

Activity rate = Cost pool/Total activity

Activity Cost Pool Total Activity Assembly 40,000 labor-hours Order processing 600 orders

= 325,000/600

= 542

The activity rate for the Order Processing activity cost pool is closest to

542

3 0

3 years ago

You work for a marketing agency advising a client considering whether to drop prices during an economic downturn. The client, a

Thepotemich [5.8K]

Explanation:

1- One of the pieces of advice I could give the customer about lowering the balance sheet price is that this could generate different interpretations for the potential consumer, as there may be a perception that the price reduction of the product occurred due to the loss of product quality in relation to competing products.

2- There are other effective strategies for managing an economic crisis in addition to a direct reduction in the retail price, such as the psychological price strategy, which are the marketing techniques used by salespeople so that consumers respond emotionally to the product, and not a logical way, which generates a perception of greater benefit for the consumer, which can lead to increased sales without having to lower the price of the product.

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3 years ago

A production department's output for the most recent month consisted of 10,000 units completed and transferred to the next stage

pav-90 [236]

Answer:

15,000 units

Explanation:

Calculation for the equivalent units of production using the weighted average method

Using this formula

Equivalent units of production=

Units completed+Ending work in process inventory

Let plug in the formula

Equivalent units of production=10,000+(10,000×50%)

Equivalent units of production=10,000+5,000

Equivalent units of production=15,000 units

Therefore the equivalent units of production will be 15,000 units

3 0

3 years ago