The correct option is this: TO OFFER PRODUCTS AT LOWER PRICES, MANUFACTURERS MOVE THEIR PLANTS TO FOREIGN COUNTRIES WHERE LABOUR IS CHEAP LEAVING AMERICANS OUT OF A JOB.
The major reason for operating a business is to make profits. No matter the prices at which products are sold in the market, manufacturers usually ensure that they make some profits because that is the only way they can remain in business. Thus, in a situation where the prices of product is very low, manufacturers will look for means of cutting costs so that they can make some profits. That is why a company will prefer to move to a place where it can get cheaper labor for its products.<span />
The market system is also known as capitalism, while the command system is also known as communism. The market system is owned by private ownership, businessman and companies, hence it has capitalism concept. The command system is owned by a community or public.
Hence it can be said that
The market system is also known as <u>capitalism</u>, while the command system is also known as <u>communism</u>.
Answer:
The simple rate of return of 4.54%
Explanation:
The simple rate of return of 8.75%
($97,000 - $56,000 - $27,500) ÷$297,000
=$13,500÷$297,000
=0.0454×100
=4.54%
The new machine $330,000 ÷ 12 years useful life
=$27,500
The new machine $330,000
Les old machine scrap $33,000
=$297,000
Therefore the simple rate of return is 4.54%
Answer:
the broker may have leaned towards the technological stocks because of their current popularity. while he did not do what he was asked or get permission first. he could always invest in whats the most current.
Explanation:
