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Taya2010 [7]
3 years ago
11

If the world price of a given product increases relative to its domestic price, then for that product:

Business
1 answer:
BartSMP [9]3 years ago
8 0

If the world price increases relative to domestic prices, there will be fewer imports and increased exports of the given product because it would be cheaper to buy the domestic version and companies would make more selling the product on the international market.

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Consumer sovereignty means that legislation now protects the rights of consumers to dispose of their incomes as they see fit.
Gelneren [198K]

Answer:

The correct answer is B false.

Explanation:

Consumer sovereignty mean consumers are the final authority to determine which goods are the most suitable to fulfill their needs and that is the reason why their decisions, preferences and habits should be the starting point of any new invention. Means the holder of scarce resource has to produce those products that customers wants to satisfy their need. The power of consumer spending is the best judge of what to produce.

3 0
3 years ago
On December 31, 2020, Dow Steel Corporation had 610,000 shares of common stock and 31,000 shares of 9%, noncumulative, nonconver
sergiy2304 [10]

Answer:

$3.02 per share

Explanation:

The computation of the earning per share is shown below:

we know that

Earnings per share = (Net income - preferred dividend) ÷  Weighted average outstanding common shares

= ($2,150,000 - $70,000) ÷ 688,000 shares

= $3.02 per share

<u>Date                 Particulars           No. of shares </u>

01/01-31/12 610000 ×  12 ÷ 12 (610000 × 1.04)  $634,400

28/02-31/12    63000 × 10 ÷ 12 (52500 × 1.04)   $54,600

01/07-31/12     (2000) ×  6 ÷ 12          -$1,000

Weighted average outstanding common shares 688,000

4 0
2 years ago
Holding all other things constant, when the price level rises, interest rates:
SashulF [63]
The interest rate will also increase and firms will want to borrow less for new plants and gear and households will want to borrow less for homebuilding. And in addtion to that interest rate is the amount charged, expressed as a percentage of principal, by a lender to a borrower for the use of assets.
5 0
3 years ago
On January​ 31, 2021​, Pristar ​Logistics, Inc., issued 10​-year, 5​% bonds payable with a face value of $5,000,000. The bonds w
nignag [31]
50000+50=100010101 please like I need to finish my homework this app is saving me
5 0
3 years ago
Who are risk takers in search of profits
AlekseyPX

Answer:

entrepreneurs

Explanation:

4 0
3 years ago
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