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3 years ago

How does the Walmart corporation benefit AND harm American producers? American consumers?

Business

2 answers:

Kruka [31]3 years ago

6 0

Answer:

Explanation:

They helps to boost economy of country and provides goods and services at reasonable price. On the other hand, it is competitor of many companies like superstore, save on foods etc

valina [46]3 years ago

3 0

Explanation:

Walmart benefits american producers by buying american made products.

Walmart harms american producers because they buy cheaply produced electronics from China. this company is known to contract companies to produce products that

can be sold for a higher price in store, and create a bigger profit for walmart.

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Hyatt Hotels has installed automated check-in machines at some of its hotels. To check in and get a room key, guests insert a cr

kodGreya [7K]

Answer:

Productive resource

Explanation:

Productive resources are the resources used to produce the products and services that people need. There are 3 types of productive resources:

human: human resources are strength, education and skills
natural: given to us by nature, e.g. water, minerals, land, etc
capital: goods needed to produce other goods or services. The automated check-in machine is a capital resource.

Human resources are the strength, education, and skills of people. Natural resources are the gifts of nature that are used to produce goods and services. Water, land, and minerals are examples of natural resources. Capital resources are the goods needed to produce or provide access to other goods and to supply services. Examples include buildings, equipment, tools, machinery, ports and other manufactured and constructed things.

4 0

3 years ago

Using normal costing, which of the following is false about actual overhead?Select one:a. It is separated into many smaller acco

Natasha2012 [34]

Answer:

d. Actual overhead is recorded to the overhead control account during the period.

Explanation:

Actual overhead -

It is the indirect cost of the factory which have been incurred .

The example of actual overhead costs are as follows -

Factory depreciation , Equipment maintenance , Factory rent , Production supplies , Factory property taxes , Production supervisor salaries

hence , from the given options , the false statement is ( d ) .

5 0

4 years ago

Gains from trade

Sergeeva-Olga [200]

Answer:

Contente's opportunity cost of producing 1 bushel of rye is 0.5 of jeans, and Dolorium's opportunity cost of producing 1 bushel of rye is 0.25 of jeans. Therefore, DOLORIUM has a comparative advantage in the production of rye, and CONTENTE has a comparative advantage in the production of jeans.

Suppose that each country completely specializes in the production of the good in which it has a comparative advantage, producing only that good. In this case, the country that produces rye will produce 64 million bushels per month, and the country that produces jeans will produce 24 million pairs per month.

Suppose the country that produces rye trades 54 million bushels of rye to the other country in exchange for 18 million pairs of jeans.

Dolorium:

Export 54 million bushels of rye

Consume 10 million bushels of rye

Import 18 million pairs of jeans

Contente:

Export 18 million pairs of jeans

Consume 6 million pairs of jeans

Import 54 million bushels of rye

Before specialization, the total production of rye = 36 + 16 = 52 million bushels, and the total production of jeans = 6 + 12 = 18 million pairs.

Because of specialization, the total production of rye has increased by 12 million bushels per month, and the total production of jeans has increased by 6 million pairs per month.

Calculate the gains from trade—that is, the amount by which each country has increased its consumption of each good relative to the first row of the table.

Contente:

Before specialization and trade, produced and consumed 6 million pairs of jeans and 36 million bushels of rye.

After specialization and trade, consumed 54 million bushels of rye and 6 million pairs of jeans.

Gain from trade is 18 million bushels of rye.

Dolorium:

Before specialization and trade, produced and consumed 12 million pairs of jeans and 16 million bushels of rye.

After specialization and trade, consumed 10 million bushels of rye and 18 million pairs of jeans.

Gain from trade is -2 million bushels of rye and 6 million pairs of jeans.

Explanation:

There is a mistake in the question, since Contente's production of jeans must be 6 per hour and its production of rye should be 12 bushels per hour. That is the only way that it can produce 6 million pairs of jeans and 36 million bushels of rye. Something similar happens with Dolorium, it must be able to produce 16 bushels of rye per hour and 4 pairs of jeans per hour in order to produce 12 million pairs of jeans and 16 million bushels of rye.

Country Rye Jeans

Contente 12 6

Dolorium 16 4

Contente's opportunity cost of producing rye = 6 / 12 = 0.5 pairs of jeans.

Dolorium's opportunity cost of producing rye = 4 / 16 = 0.25 pairs of jeans.

Dolorium's production of rye = 16 bushels x 4,000,000 labor hours = 64,000,000 bushels of rye.

Contente's production of jeans = 6 pairs x 4,000,000 labor hours = 24,000,000 pairs of jeans

8 0

4 years ago

Jeff believes in the principle of rights theory and uses it to make ethical decisions for his business. He must decide whether t

Anika [276]

Answer:

D. How his decision will affect the rights of his employees, his consumers, and others.

3 0

3 years ago

On January 1, Bloomingdale, Inc. borrows $92,000 from First Estate Bank. The loan is due in one year along with 4% interest. The

otez555 [7]

Answer:

d. $920 increase liabilities, increase expenses

Explanation:

The journal entry is given below:

On March 31

Interest Expense Dr. $920 ($92,000 × 4% × 3 ÷ 12)

To Interest Payable $920

(being interest expense is recorded)

Here interest expense is debited as it increased the expense and credited the liabilities as it also increased the liabilities

Therefore the option d is correct

4 0

3 years ago