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Yanka [14]
3 years ago
11

When a monopolistically competitive market opens up to international trade, each firm produces a greater quantity of output than

it did before. Explain why this is
Business
1 answer:
sesenic [268]3 years ago
8 0

Answer:

The correct answer is the increase in the amount of buyers.

Explanation:

To begin with, due to the fact that the company is now selling internationally then the market is wide more open for them to increase the portfolio of clients and moreover to increase the amount of sales that the company is having. Therefore that when the company starts to trade internationally it will increase its amount of consumers that will be able to buy from them and also the amount of resellers that can buy from them to buy to final consumers. Primarily, the improvement in the increase of buyers will tend to increase the amount of production that the company is producing and so also the amount of sales so therefore that the company will produce a greater quantity of output than it did before.

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On July 1, 2015, Friedman Inc. invested $717,963 in a mine estimated to have 806,700 tons of ore of uniform grade. During the la
yaroslaw [1]

Answer:

The computations are shown below:

Explanation:

(a) Depletion cost per unit

Depletion cost per unit

= $717,963 ÷ 806,700 tons

= $0.89 per ton

(b) The Journal entry to record depletion expense is

Depletion Expense                   A/c Dr     $ 92,293     (103,700 tons × $0.89)

          To To Accumulated Depletion      A/c   $ 92,293

(Being the depletion expense is recorded)

(c) The cost applicable is

= 16,700 unsold units × $0.89

= $14,863  

5 0
3 years ago
Label each statement as either "True" or "False" below.
Umnica [9.8K]

Answer:

The answer is

1. False

2. True

3. True

4. True

5. False

Explanation:

1. False. Banks does not keep the entire value of all customer deposits in the bank vault. Some customers deposit will be given out as loan and other Investment opportunities.

2. True. Loans given out to borrowers are part of customers' deposits.

3. True. Bank run occurs when customers try to withdraw their money from a bank at once, maybe the bank is in crisis.

4. True. Federal Deposit Insurance Corporation protects customers' deposits

5. False. The fractional reserve banking system requires all banks to keep part of customer deposits in the bank vault to prevent bank runs

4 0
4 years ago
The phrase laissez-faire means which of the following?
Ksivusya [100]
Hey there!

The phrase “laissez-faire” means “Let it be” originally but in the choices you provided In your answers above the closes to it would mostly be ‘to let be’ would be your answer


Answer: B. To let be


Good luck on your assignment and enjoy your day

~LoveYourselfFirst:)
6 0
3 years ago
True or False: Pharmacies are required to collect the 20% coinsurance and may not waive this or deductible amounts due.
ki77a [65]

Answer:

True

Explanation:

All PBM´s manuals and third.party payer contracts require that participating pharmacies collect deductibles, copays or coinsurance amounts.  

6 0
3 years ago
How many pounds of garbage does the average american produce each day
Maslowich

Answer:

5.91 pounds of trash a day

Explanation:

yes

4 0
4 years ago
Read 2 more answers
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