Answer:
Unit sales level multiplied by a constant unit contribution margin.
Explanation:
The change in period-to-period operating income when using variable costing can be explained by the change in the Unit sales level multiplied by a constant unit contribution margin.
Hope this helps!
A weaker Yuan against the US dollar makes Chinese exports cheaper, increases demand, and makes US exports to China more expensive, thereby reducing the demand for US exports.
<h3>What is international trade?</h3>
International trade is the global exchange of goods and services among countries of the world, involving the use of the foreign exchange.
The three types of international trade are:
- Export Trade
- Import Trade
- Entrepot Trade.
Thus, by manipulating the Yuan, the Chinese government ensures that it has a more competitive advantage over the United States in international trade.
Learn more about Chinese Yuan Manipulation at brainly.com/question/27858412
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You may know college admission tests by name — the SAT, SAT Subject Tests and the ACT. These tests, also called college entrance exams, are designed to measure students' skills and help colleges evaluate how ready students are for college-level work.
The first statement is false.
A firm earning a zero profit is an action called predatory pricing, which there
can be a temporary loss because of a super low price and when a new firm enters
the market the new firm won’t be able to compete with a very low price forcing
the new firm out of the market. This action can be a barrier of entry making the
market less contestable. A firm in a contestable market should operate at
efficient level of production and earn a minimal profit close to equilibrium.
<span>It
is true that a contestable market model has important policy implications for
example to increase competition policy maker can decrease regulation so that
new firm can easily enter the market. Policy makers can also force firms to
allow other firms to use their networks encouraging new firms to enter the
market and lessening the monopoly power of restricting supplies. Policy makers
can also set up its own new firm and distribute its resources to small new
firms to increase competition.</span>
