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choli [55]
3 years ago
15

The trading principle formulated by adam smith maintained that:

Business
1 answer:
erma4kov [3.2K]3 years ago
6 0
The correct answer is D. Absolute cost differences regulate the immediate basis for trade
Absolute gain is the ability of a country, separate, company or region to make a good or service at a lower cost per unit than the cost at which any other individual produces that same good or service.
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What is the best way to finance your own business?
Kruka [31]
I would say different things such as crowdfunding, bank loans, <span>start-up funds, factoring, and angel investors. Getting enough money to support your work, possible co-owners and workers, and even defining on the money taken in from customers will take some time to evaluate. </span>
4 0
3 years ago
Write an essay about Buisness skills 150 words pls <br> giving 100 points
miskamm [114]

business exists only to earn profits by providing goods and services to the customers. According to the modern concept, the underlying objective of every business is customer satisfaction as this is what results in most profits. If the customer is satisfied, the business excels. something about Business goals is a predetermined target that a business or individual plans to achieve in a set period of time. These goals are often split into short-term goals and long-term goals. Business goals can be general and high level, or they can focus on specific measurable actions. One of the reasons businesses succeed is that they reach consumers first. The fastest companies to market have the best access to customers. ... It's much easier to dominate a market without competitors. If you are first to market, you are more likely to succeed, even if your product or service is substandard.

8 0
2 years ago
Sheffield’s Manufacturing Company can make 100 units of a necessary component part with the following costs: Direct Materials $1
larisa [96]

Answer:

Company Save  $37000 by Buying

Explanation:

given data

make component part = 100 units

Direct Materials = $122000

Direct Labor = 34000

Variable Overhead = 55000

Fixed Overhead = 30000

purchase the component = $200000

fixed costs = $4000

to find out

make or buy decision

solution

first we find here Total Cost for Making component part

total cost = Direct Materials + Direct Labor + Variable Overhead + Fixed Overhead ..............1

put here value

total cost for make =  $122000 + 34000  + 55000 + 30000

total cost for make = $241000

and

now we find here Total Cost for buying component part

total cost = Purchase Price + fixed costs   ............2

put here value we get

total cost for buying = $200000 +  $4000

total cost for buying  = $204000

so

we can say Company Save =  $241000 -  $204000   = $37000 by Buying

5 0
3 years ago
An individual taxpayer reported the following net long-term capital gains and losses:Year Gain (loss)1 ($5,000)2 1,0003 4,000The
Leona [35]

Answer:

A) 4000

Explanation:

Long term capital losses cannot be set of against the long term capital gains of next year

As a result an individual taxpayer should report in the

year 3 is $4000

5 0
2 years ago
W+w+w
Step2247 [10]

Answer:

3w

4n-3

10.641

Explanation:

3w

n+3n-3, 4n-3 (distribute your 3 through the paranthasis)

4.871+7.4= 12.271

12.271-1.63= 10.641

I'm lost on your last three,

what are the periods for, and is the third to last one a comma or decimal

3 0
3 years ago
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