another method of entering international trade, which can be relatively low risk, is exporting
International Trade
International trade is the exchange of capital, products, and services across international borders or territories because goods or services are required or desired. In most countries, such trade accounts for a major portion of GDP.
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Answer:
C) $24,000
Explanation:
Each individual setup cost is equal to the total cost assigned to setups divided by the actual setups completed during the period:
individual setup cost = total costs assigned to setups / setups completed = $120,000 / 100 setups = $1,200 per setup
If each setup costs $1,200 and product X5 required 20 setups, then the total amount assigned to X5 setups = $1,200 x 20 = $24,000
Answer:
Inferior good
Explanation:
An inferior good is a good for which demand rises when income falls and demand falls when income rises.
on the other hand, Normal goods are goods that are goods whose demand increases when income increases and falls when income falls