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.
Answer: From the comprehension , we can state the following two arguments:
<u><em>(a.) If a poor corn harvest is predicted, prices of corn futures rise.</em></u>
<u><em>(b.) If a bountiful corn harvest is predicted, prices of corn futures fall.</em></u>
Also, it has been predicted that much-needed rain for the corn-growing region will start tomorrow.
Now, if the following is true, then it weakens the above argument:<em><u> Agriculture experts announced today that a disease that has devastated some of the corn crop will spread widely before the end of the growing season.</u></em>
Since, it has already been predicted that it'll rain in requirements with the growth of the crop but if the crops are destroyed before the growing season , then there will be a decrease in cultivation and thus the prices will rise.
<u><em>Therefore, the correct option is (D)</em></u>
Answer:
Here are several organization involvements that exist in international trades but might not exist in domestic trade:
- Import/export
- Countertrade Agreement
- Foreign Direct investment
- Multinational marketing strategy
Explanation:
- Import/export
To put it simply, Import is the act of acquiring goods from another country to your country. Export is the act of sending goods from your country to another country,
- Countertrade Agreement
This consist of tradge agreements that created by the government between different countries.
Most countries will impose tariff or quota to the foreign goods that come into their country. This will increase the price of the foreign goods when they entered the local markets. Tariff and quota are made to protect local businesses from foreign businesses.
- Global outsourcing
This happens when a company give their job to the people from another country.
Most commonly, this is conducted by companies from a richer countries. Outsourcing their jobs to a poorer country tend to cut down the labor cost. They can send the product output back to their original country and sell it with higher price/.
- Multinational marketing strategy
This marketing strategy considers the different cultures / taste that exist in foreign market. They will cater their strategy to suit the taste of foreign customers and improve their brand favorability.
During the <u>information search</u> stage of the buyer decision process she will ask her friends to recommend stores that sell good quality winter wear clothing.
<u>Explanation</u>:
As a buyer, we always look into lot of recommendations and options to buy a product.
Information search is the major phenomena while buying a product. Information search helps in making decision for a consumer or purchaser.
Information search can be classified into two types:
i) Internal research
ii) External research
Newspapers, magazines and even word of mouth help in providing information during decision making process. This information search before buying a product helps the consumer to make good decision and gain profit over their purchase.
Answer:
total amount that owes the bank at the end of the loan is $22897.74
Explanation:
given data
loan = $22,000
Annual rate = 8% =
= 0.021192 %
time = 6 month = 183 days
solution
we get here Amount at the end of loan tenure
Amount at the end of loan tenure = Amount borrowed × FVf at 0.02192%
Amount at the end of loan tenure = $22,000 × 1.040886
Amount at the end of loan tenure = $22897.74
so total amount that owes the bank at the end of the loan is $22897.74