Answer:
A) importing products from developing rather than developed countries
Explanation:
Mercantilism asserts that countries should simultaneously encourage exports and discourage imports. Therefore, it is in a country's best interest to maintain a trade surplus, i.e. have more exports than imports. Mercantilism believes that governments should intervene the markets in order to achieve a trade surplus.
Mercantilism tries to take advantage of other countries, and it always easier to take advantage on poorer or developing countries, rather than richer developed countries.
The two situations with the highest total surplus are :
Surplus is defined as an amount of something that has been left over, when all the requirements of a person have been met.
1. Jay buys a house for $40,000 less than he was willing to pay. he bought his home from sellers who received $2,000 more than they were willing to sell for.
4. Kevin wanted to spend $50 on a dishwasher and bought one at $45 from a producer who was hoping to receive $40.
In my view, correct answer should be like this: Bob has just been diagnosed with diabetes. His diagnosis will contribute to the <span>morbidity</span> rate. Morbidity rate is the frequency with which a particular decease appears in the region. It's needed to determine premiums of the insurance to customers.
The opportunity cost of a cup of coffee is $4.
weekly income = $40
The price of a cup of coffee = $4
The price of a subway ticket is $2
Theopportunity cost of particular interest is the cost or advantage given up via carrying out that activity, relative to conducting an alternative pastime. more truly, it approaches if you chose one activity (for example, the funding you're giving up the possibility to do a one-of-a-kind alternative. The most reliable interest is the one that, net of its possible cost, provides a greater return compared to every other sport.
As a representation opportunity cost of the relationship between shortage and preference, the objective of possible value is to ensure the efficient use of scarce sources. It includes all related charges of a choice, both explicit and implicit. opportunity cost additionally includes the utility or monetary gain a character misplaced, if it's miles indeed more than the eco geo or actions taken
Hence, The opportunity cost of a cup of coffee is $4.
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That at least two accounts are affected.
That the total debits will equal the total credits.
Answer: Options C and D.
<u>Explanation:</u>
In a double entry system, there are two accounts which are to be dealt with at the same time. Those two accounts or the two sides of the accounting are the debit side and the credit side. The debit side is on the right side of the table and the credit side is on the left side of the accounting table.
One entry made in the accounting table will affect both the sides of the table which means that one entry will affect debit side also and the credit side also of the table.