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nikklg [1K]
3 years ago
9

(Scenario: Sugar Trade in Birdonia) In autarky, suppose that equilibrium sugar price is $100 per ton in Birdonia, a small agricu

ltural nation. Now, suppose Birdonia engages in free trade with the rest of the world. The world price of sugar is $125 per ton. What action must the government of Birdonia take to ensure that Birdonians do not import sugar at the world price of $125?
Business
1 answer:
evablogger [386]3 years ago
6 0

Answer:

The government of Birdonia should do nothing.

Explanation:

Equilibrium sugar price of $100 means that at that price($100), more people are willing to buy sugar. Also more firms are willing to supply the commodity at that price.

Hence since consumers are considered rational, they will want to go for a higher value at minimal cost. Opting for imported sugar at $125 is the least the Birdonian citizen will do.

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DanielleElmas [232]

Answer:

Income will increase by $5 per unit

Explanation:

The income effect in case of the order accepted is presented below:

As we know that

Additional sales per unit $32

Direct material per unit $12

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And, the incremental variable overhead cost is $6 per unit

Since the fixed cost is the same so it does not affect the effect on income

So, the income effect would be

= $32 - $12 - $9 - $6

= $5 per unit

Since the answer comes in positive which means there is an increase in income

5 0
3 years ago
Sunland Company reported the following information for the month of April: Units Work in Process Beginning inventory, April 1 8,
coldgirl [10]

Answer:

50,900 units

Explanation:

a. The computation of the units were transferred out of Work in Process Inventory is shown below:

= Beginning inventory of work in process units  + added to the production units - ending inventory of work in process units

= 8,100 units + 47,600 units - 4,800 units

= 50,900 units

Basically we added the production units and deduct the  ending inventory of work in process units to the Beginning inventory of work in process units so that the transferred out units could come

7 0
3 years ago
Which account is usually federally not federally insured?​ Does this even make sense?
Komok [63]

Answer:

I think it's A. or C. but I really think it's C.

8 0
2 years ago
Defined by Miles as "a requirement of the activities of one subunit that is affected by the activities of other subunits" is a _
Natali [406]

Defined by Miles as "a requirement of the activities of one subunit that is affected by the activities of other subunits" is a <u>contingency</u>.

According to the contingency theory of management, situational circumstances can have an impact on the relationships between dependent and independent variables at work, which will have an effect on employee behavior, effectiveness, and behavior at work in general. Also known as the situational approach to management, this idea.

It is crucial to take into account the particular contingency factors that apply to each business in order to assess organizational data effectively and increase employee engagement. A need for one component's operations that affects those of another subunit is known as a contingency.

The above question is incorrect, the correct question is:

Defined by Miles as "a requirement of the activities of one subunit that is affected by the activities of other subunits" is a _________.

To know more about Contingency here

brainly.com/question/29816313

#SPJ4

4 0
1 year ago
To be considered of high quality, a product must: Select one: a. meet high specifications b. meet customers' stated expectations
masha68 [24]

Answer:

D

Explanation:

meet safety standards

4 0
3 years ago
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