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vagabundo [1.1K]
3 years ago
11

Why are products made in Third World Countries cheaper than goods made in the US?

Business
1 answer:
Lostsunrise [7]3 years ago
6 0

Answer:

Demand in developing countries is lower and so the price is set lower to match the capacity to pay (such as pharmaceuticals). Locally produced goods, especially the outputs of primary production are generally inexpensive and often will be cheaper in developing countries e.g. bananas.

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Which social network has more than 410 million registered members and because of that popularity, more than 4 million companies
Afina-wow [57]

Answer:

The social media platform with more than 410 million people registered is Linkedin

hope I helped!! :D

Explanation:

7 0
3 years ago
If patricia were to paint her living room alone, it would take 4 hours. her sister naomi could do the job in 5 hours. how long w
Mila [183]

Practicia completes the job in one hour = 1/4

Naoimi completes the job in one hour = 1/5

If Parcticia and Naoimi does it together,let us suppose in x number of hours.

The equation so form is:

(1/4)*x + (1/6)*x = 1 (i.e job finished)

The Least common multiple(LCM) of 4 and 6 = 12

12*(1/4)*x + 12*(1/6)*x = 12*1

Therefore, solving the equation we get,

3x + 2x = 12

5x = 12

x = 12/5

x= 2 2/5 hours or 2.24 hours

Therefore number of hours they took to complete the work is 2 hours and 24 minutes or 2.24 hours.

4 0
3 years ago
What is the Total Cost of a stock purchase if the stock price is $12, shares purchased 100, with a 2% Broker's Fee? (Stock Price
Vaselesa [24]
That is correct, good job
5 0
3 years ago
Grayson owns a local smoothie store. His business started small, but over the years, word of mouth has spread, bringing more peo
irina1246 [14]

Growth requires developing a formal structure to function efficiently.

<u>Explanation</u>:

Growing a business from lower level to higher level requires lot of efforts and talents. If the business is developed and moving to the next level, it is necessary for the entrepreneur to follow certain formal structure.

The formal structure helps the owner of the company to maintain his standard in specific hierarchy. This formality may keep the employees or workers organized. The work will be allotted clearly to each and every one and each of them will have their own responsibilities.

3 0
3 years ago
Zouar Computer Corporation currently manufactures the disk drives that it uses in its computers. The costs to produce 5,000 of t
iogann1982 [59]

Answer:

Net profit $15,000  

Explanation:

Total Cost Saving and Benefit of Buying outside  

Total Cost Other than fixed cost               $95,000  

($12 + $2 + $5) × 5,000    

Fixed cost                                                     $15,000

($3 × 5,000)

Additional income                                        $40,000  

Total saving                                                 $1,50,000  

Cost Of buying                                             $1,35,000  

($27 × 5,000)    

Net Benefit                                                   $15,000

($150,000 - $135,000)

6 0
3 years ago
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