Answer:
Mexico either specialized in the production of high end cars which it exports, while it imports low end cars for its domestic market. Since Mexico is a developing country, most of the cars sold domestically will be low end cars.
Countries manufacture and export the goods which they can produce at a lower opportunity cost since they have a comparative advantage in their production. Mexico probably has a comparative advantage in the production of high end cars (specially vs. the US) which generate higher revenues.
Answer:
The answer is D. $1,830
Explanation:
FIFO means First in First out.
It is one of the inventory methods along with LIFO(Last in First out), average weighted cost and specific identification.
FIFO literally means the inventory bought first will be the first to be sold. Leaving the last inventories bought as the ending inventory.
In this question, Cost of Sales according to FIFO is:
250 units x $6 = $1,500
30 units at $11 = $330
Total =. $1,830
Therefore, the cost of sales under this method is $1,830
Answer:
it exists because of the increase in the availability of goods when income rises
Answer:
The correct answer is:
The unemployment rate would remain unchanged (d)
Explanation:
Unemployment rate is defined as the percentage of unemployed labor, in a total labor force. That is the percentage of people willing and able to work, but not working because there are no jobs available for them. Considering this definition, we see that the 300,000 people who have given up looking for jobs, are still able and willing to do so, despite being discouraged, hence, when the unemployment rate of the total labor force is to be calculated they will be counted also.
The correct answer is conflict theorists.
This theory was proposed by Karl Marx, and it stipulates that our society will always be in some kind of a conflict because of competition for resources, which are limited at this moment. Everyone wants to have those resources, but not everyone can have them, which is why they fight.