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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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"Which of the following is NOT correct? Group of answer choices Roadrailers are considered a multimodal solution when all of the
Ulleksa [173]

Answer:

Assortment warehousing is a form of warehousing that combines classic operations with light manufacturing and packaging duties in order to assure short customer lead times.

Explanation:

Warehousing

This have different points of view. The traditional view about warehousing is that it is a place used in for storage or holding of goods/ inventory

The contemporary opinion about warehousing is that it is has function set in place to mix inventory assortments to meet the need of customer. It deals with the storage of products which is held to a minimum.

Warehousing types

This includes;

1. Distribution centers

2. Consolidated terminals

3. Break-bulk facilities

4. Cross-dockers

assortment warehousing

This is a known form of warehousing. It consists of when different type of goods is held close to the source of demand in order to assure short customer lead time.

3 0
3 years ago
What are examples of types of products that are currently being manufactured by joint ventures between the U.S., Canada, Mexico,
choli [55]

Answer:

Uber Taxi

Star Bucks

Tata Global Beverages

Siemens and Nokia

Alibaba

Explanation:

Joint venture is the business in which there are two or more parties who shares the ownership. The business management may be mutually decided. There are many examples of Joint ventures in the world. Uber Taxi is one of the finest example of joint venture where Volvo vehicles shares the ownership. The joint venture reduces the investment cost for both the parties. The business can be quickly spread in the world by the efforts of two or more parties that form the joint venture.

3 0
3 years ago
motors are packaged for sale in a certain warehouse. The motors sell for $100 each, but a double-your-money-back guarantee is in
ss7ja [257]

Answer:

$840

Explanation:

the question misses an important detail, number of motors.

I used 10 as the total number of cars. from the solution i believe you would be able to solve any other problem of this sort yourself.

n = 10

p = 1-probability of any 1 motor being defective

= 1-0.08

= 0.92

going further in solving this problem, i will use the binomial distribution

we have expected value as;

Σxp(x)

= $100 x p(of 100) - $100 x p(of losing 100)

= 100(0.92) - 100(0.08)

= 92 - 8

= $84

from here we multiply 84$ by n

remember n =  total number of cars = 10

10 x $84

= <u>$840</u>

6 0
4 years ago
Describe the change in aggregate supply that should result from each of the following changes in determinants. Assume that nothi
Sergio [31]

Answer: Please refer to Explanation

Explanation:

(a) A rise in the average price of inputs

DECREASE because it is now less profitable for suppliers so they will produce less.

(b) An increase in worker productivity;

INCREASE because total cost is reduced as more goods are being produced per cost.

(c) Government antipollution regulations become stricter.

DECREASE (unless the increase in antipollution device production outweighs the decline in production caused by the increased cost of the regulations)

(d) A new subsidy program is enacted for new business investment in productive equipment.

INCREASE as the subsidy program will lower the cost of inputs so Suppliers will produce more goods.

(e) Energy prices decline.

INCREASE as there again would be Lower Input Costs thus pushing Suppliers to produce more.

6 0
4 years ago
A company receives a 10%, 120-day note for $1, 500. The total interest due on the maturity date is:______.a) $50,00. b) $150,00.
Leto [7]

Answer:a) --A -$50.00

Explanation:

Using days of year = 360 days

Interest due = Principal  x rate  x period

           = $1500 x 10% x 120/360

   = $50

The total interest due on the maturity date is:__$50.00___

6 0
3 years ago
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