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3 years ago

Which of these is an example of innovation?

1 answer:

6 0

"These include, for example, production processes or IT technologies for apps. Product innovations, quality improvements or cost savings often go hand in hand with process and technology innovations. ... Examples include innovation in education, poverty reduction, equal opportunities and health. "

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Economists study international trade or trade between countries. List which countries you think are the top four trading partner

lianna [129]

U.S. trade with other nations is worth $4.9 trillion per year. China, Canada and Mexico are the country’s largest trading partners, accounting for nearly $1.9 trillion worth of imports and exports. But this landscape could be reshaped as President Trump pursues “America First” policies and reworks free trade deals.

<h3>What is international trade?</h3>

International trade is the term for cross-border economic activity. Consumer products like televisions and apparel, capital goods like machinery, raw materials, and food are some of the things that are often traded. Other transactions involve services, like payments for foreign patents and travel services (see service industry). International financial payments, in which the private banking sector and the central banks of the trading nations play key roles, promote international trade transactions.

International trade and the associated financial transactions are typically carried out to give a nation the commodities it lacks in exchange for the abundant commodities it produces; these transactions, when combined with other economic policies, tend to raise the standard of living in a given country.

learn more about international trading refer:

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3 0

2 years ago

When Acme Dynamite produces 250 units of output, its variable cost is $2,000, and its fixed cost is $500. It sells each unit of

DaniilM [7]

Answer:

The firm will continue to produce in the short run.

Explanation:

Given the number of units produced by Acme Dynamite = 250 units.

The variable cost of producing the 250 units = $2000

The fixed cost = $500

The selling price = $25 per unit.

The new price after the fall in price = $10

Total revenue from the selling of 250 units = 250 × 10 = $2500

Since the revenue received is covering the variable cost and fixed cost. Thus, the firm will produce or continue to produce in the short run.

7 0

3 years ago

A golf ball manufacturer gives us its data for the year: WIP Inventory, January 1 Units started Units completed and transferred

N76 [4]

Answer:

c. $10,106 if taken separately for Direct Material or Conversion Costs

Or None of these as total cost is $ 10,779+$ 10,081= $20860 for units transferred out

Explanation:

Units % of Eq. Units

Completion D.M Conversion

Units completed and

transferred out 6,400 units 100% 6400 6400

WIP Inventory, 3,100 units 90%,60% 2790 1860

December 31

<u>Total Units to account for 9190 8260</u>

Direct materials $15,478

Direct labor $7,400

Manufacturing Overhead $5,611

Direct Material Cost per unit= $ 15478/9190= $ 1.684

Conversion Cost per unit= $13011 / 8260= 1.575=$ 1.58

Direct Material Cost for Completed units = 6400 * $1.684= $ 10,779

Conversion Cost for Completed units = 6400 *1.575= $ 10,081

6 0

3 years ago

PLEASE HELP AHHH! IM BAD AT BUSINESS ;-;

tankabanditka [31]

Answer:same

Explanation:

7 0

3 years ago

Read 2 more answers

Difference between honors and regular classes

deff fn [24]

Honor classes are harder and require a B average. Regular classes are easier even though the same material is included in both.

3 0

3 years ago

Read 2 more answers