The answer is cost reduction. It is an opening to a more competitive ground that would invite different countries to participate and invest. The trade would allow prices to be good for costumers affordability. Cost integration can improve business systems through efficiency and cooperation.
Answer:
$245,000
Explanation:
Total assets for Tom Smith Corporation can be calculated as follows:
Cash $5,000
Machinery, $50,000
Depreciation Machinery ($25,000)
Building $150,000
Depreciation Building, ($35,000)
Savings $10,000
Accounts receivable, $30,000
Inventory $10,000
Land $50,000
Total Assets $245,000
Neoclassical economics focuses on providing more options while Behavioral economics focuses on helping people make better decisions with the options available.
A psychological approach to business, behavioral economics looks at how well people's expectations of utility and profit maximization match their actions and if they actually maximize predicted utility.
Contrarily, neoclassical economics views manufacturing costs as a key determinant of pricing a product. Thus, neoclassical economists contend that customers' primary determinant of choice is price.
Hence, the two have different beliefs about giving people options. While behavioral economics focuses on assisting people in making better decisions with the options at hand, neoclassical economics places greater emphasis on offering more options.
Want to know how would keynesian and neoclassical economics propose dealing with cyclical unemployment? Read here: brainly.com/question/28213854
#SPJ4
Answer:
Correspondence audit
Explanation:
The Internal Revenue Service conducts 3 types of audits. That is correspondence, field, and office audit.
The easiest and most common one is the correspondence audit that involves communication via mail.
The IRS send request for documents concerning a particular issue. Usually a Mathematica error on you part when filling the form or am ommission of an income on tax return.
This is easily resolved by sending the required documents.
The other two types of audit are more difficult to handle. Office audit is in person interview regarding issues o your tax return.
Field audit is an in depth audit of various items regarding your busuness
Answer: i think u have to contact a mod im not rlly sure