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3 years ago

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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Hardwig Inc. is considering whether to pursue a restricted or relaxed current asset investment policy. The firm's annual sales a

skad [1K]

Answer:

c. 1.50%

Explanation:

The Hardwig, Inc is considering to pursue a relaxed or restricted current asset investment. We need to calculate the ROE for both the situations. The Net income in the both situation will be;

EBIT - Interest expense - Tax expense = Net Income

Restricted situation = $150,000 - 72,000 - 31,200 = $46,800

Relaxed situation = $150,000 - 81,818 - 27,273 = $40,909

ROE = Net income / equity

Relaxed situation = $40,909 / $818,180 = 5.00%

Restricted situation = $46,800 / $720,000 = 6.50%

The difference between both ROE = 1.50%

6 0

2 years ago

An aggregate production function shows ________. A. the relationship between a country's output and its price level B. various

Maru [420]

Answer:

The correct answer is letter "C": the relationship between a country's GDP and its factors of production.

Explanation:

The Aggregate Production Function describes the relationship between a country's Gross Domestic Product (GDP) and the factors of production involved in it. Aggregate Production functions are considered physical and human capital, labor, knowledge, social infrastructure, and natural resources. Production increases as a result of increases in capital, natural resources, and labor.

3 0

2 years ago

Duane and Evan orally agree to a transfer of forty acres of farmland. Evan asks Finance Bank to lend him the funds to buy the la

harina [27]

Answer:

a. Finance Bank

Explanation:

According to Statute of Fraud, the agreement must be in writing to be within the statute and enforceable. The oral contracts are usually enforceable but the transfer of land needs to be in writing to be enforceable according to law of Statute of Fraud. If the contract is in writing it would be adequate to be enforceable. While the contract with bank must have some written form which will make it enforceable contract by the finance bank.

8 0

3 years ago

Read 2 more answers

The capital structure of Merritt Co. is 20% common equity and debt equal to 80%. The cost of common equity is 10% and the pretax

olchik [2.2K]

Answer:69

Explanation:

7 0

3 years ago

Miguel Alvarez in the accounting department at Baumer Company has provided the following information:

Mekhanik [1.2K]

Answer:

$10.65

Explanation:

The computation of the incremental manufacturing cost in the case when the production level is changed

= Direct material cost per unit + direct labor cost per unit + variable manufacturing overhead per unit

= $6.25 + $3.20 + $1.20

= $10.65

Here the fixed cost would not be relevant

8 0

3 years ago