ECONOMIC HELP!!!!!!!!

If nations such as Germany, Japan, and the United States prohibited international trade in automobiles, a likely effect would be

Musya8 [376]

Answer:

C. the price effect would become a more significant consideration for each firm that makes automobiles.

Explanation:

The situation above is highly related to the topic about "supply" and "demand." If the nations of Germany, Japan and the U.S.A. prohibits the international trade in automobiles, this will result to a surplus of automobile goods within the country. Since these automobiles were meant to be sold abroad, the prohibition will lower its international demand. Such increase in supply will have a significant effect on the price of the automobiles. This is the reason why each firm should have to consider the situation's effect on the price of the automobiles and related goods.

So, this explains the answer.

4 0

4 years ago

Glenrosa Company bought inventory from Monterosa Company, FOB destination. On December 31, the last day of the accounting year,

il63 [147K]

Answer:

The correct option is (B) Monterosa

Explanation:

At the time when the goods are shipped so in the case of FOB destination the goods title would be transferred to the buyer at the time of reaching to the buyer destination as mentioned by the buyer. Till then it would be included in the seller's inventory

So as per the given situation, Monterosa should involves this goods in its closing inventory i.e. as on December 31

4 0

3 years ago

During November, TaskMaster purchased 208,000 pounds of direct materials at a total cost of $436,800. The total factory wages fo

aniked [119]

Answer:

See below

Explanation:

Given the above information,

Direct material price variance is computed as;

= (Actual price - Standard price) × Actual quantity

Actual price = $436,800/208,000

Standard price = $436,800/182,000

Actual quantity = 208,000

Direct material price variance

=[ ($436,800 / 208,000) - ($436,800 / 182,000 ] × 208,000

= ($2.1 - $2.4) × 208,000

= $62,400 unfavourable

8 0

3 years ago

In conversation, interbank foreign exchange traders use a shorthand abbreviation in expressing spot currency quotations. Conside

Kruka [31]

Answer:

The answer is A. 19-23

Explanation:

The bid price is the price that the dealer is willing to buy and ask price is the price that the seller is willing to offer.

In the $/£ bid-ask quote of $1.2519-$1.2523, you would notice that the first three number(1.25) are the same for both the bid and ask quite. So it is a known fact that it is always the last two that is chosen.

The difference between bid and ask price is called spread.

Option B is wrong because it was written incorrectly.

5 0

3 years ago

A resource-based strategy Multiple choice question. focuses on efficient execution of both primary and supporting components of

ki77a [65]

Answer:

can be achieved by exploiting resources that are competitively valuable, rare, and hard to imitate by rivals

Explanation:

A resource-based strategy is a form of the technique used by business managers to efficiently utilized the existing and valuable resources of the firm. These resources would be difficult to come by for the competitors such that it is hard for competitors to replicate. Thereby leading a sustainable or long term competitive advantage to the firm

Hence, in this case, the correct answer is A resource-based strategy "can be achieved by exploiting resources that are competitively valuable, rare, and hard to imitate by rivals."

5 0

3 years ago