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Marina CMI [18]
3 years ago
7

Suppose a small country has a comparative advantage in the production of consumer electronics, and it has one major electronics

firm that produces far more consumer electronics than the population can consume. This country exports a large quantity of consumer electronics but also imports a large quantity. Which statement best explains why the country imports consumer electronics?
a. Imports create greater competition in the domestic marketplace.
b. Other countries may have trade barriers blocking imported consumer electronics.
c. This country has both an absolute and a comparative advantage in this industry.
d. The government allows its one consumer electronics firm to enjoy a regulated monopoly.
Business
2 answers:
ale4655 [162]3 years ago
8 0

Answer:

a. Imports create greater competition in the domestic marketplace.

Explanation:

The company in the center of discussion has competitive advantage in producing electronics then means it is cheap for them to produce locally

We can define comparative advantage is an economic terminology that make to an economy's ability to produce goods and services at a cheaper cost than that the one of their trade partners. Comparative advantage also gives a company the ability to be able to sell goods and services at a cheaper price than that of its competitors and also realize broad sales margins.

zlopas [31]3 years ago
4 0

Answer:

Imports create greater competition in the domestic marketplace.

Explanation:

Comparative advantage is defined as the ability of a company to produce goods at a lower opportunity cost than other competitors. They can now sell the goods at lower prices.

If the company in this scenario have competitive advantage in producing electronics then it is xheap for them to produce.

When they export electronics and import again, it can only mean that the imported electronics have a competitive edge that the company wants to take advantage of. For example higher quality than what is available locally.

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The risks of vertical integration include all of the following EXCEPT: a. costs and expenses associated with increased overhead
aleksandrvk [35]

Answer: Lack of control over valuable assets

 

Explanation: In simple words, vertical integration refers to a process under which an organisation combines two or more stages of production which were previously performed by any other company.

The vertical integration is done where the company wants to get more hold on its supply chain with the ultimate objective of having better control over valuable assets.

Hence from the above we can conclude that the correct option is C.

5 0
3 years ago
As it turns out, Brian and Sondra's good fortune with the restaurant has caused their competitors to lose business. In fact, Caj
iren2701 [21]

Answer: Brian and Sondra have, done nothing illegal

Explanation:

Brian and Sondra company are totally in their right, they are not directly involved in the poor fortunes of their competitors.

A rise in sales at Brian and Sondra company led to drop in the sales of their competitors leading to closure of their competitors businesses.

5 0
3 years ago
Zwick Company bought 25,000 shares of the voting common stock of Handy Corporation in January 2021. In December, Handy announced
sp2606 [1]

Answer:

$125,000

Explanation:

Zwick company bought 25,000 shares of Handy corporation

In 2021 Handy corporation reported $208,100 net income

The cash dividend reported is $5.00 per share on all its 208,000 shares

Therefore the Zwicks company dividend revenue from Handy corporation in December 2021 can be calculated as follows

= 25,000 shares × $5.00

= 125,000

Hence Zwick's dividend revenue from Handy corporation is $125,000

8 0
3 years ago
Read 2 more answers
10 points...........​
dedylja [7]

Double entry, a fundamental concept underlying present-day bookkeeping and accounting, states that every financial transaction has equal and opposite effects in at least two different accounts. It is used to satisfy the accounting equation:

Assets
=
Liabilities
+
Equity

​
Assets=Liabilities+Equity
​


With a double entry system, credits are offset by debits in a general ledger or T-account.

So debit is the answer
7 0
2 years ago
Read 2 more answers
1.
Annette [7]

Answer:

<em>under</em><em> </em><em>heal</em><em>th</em><em> </em><em>and</em><em> safety</em><em> </em><em>law</em>

Explanation:

The primary responsibility for this is down to employees workers have duty to take of their own health and safety.

4 0
2 years ago
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