The answer is<u> "Supply will decrease."</u>
A storm that crushed the wheat products would make the cost of that grain to rise. Given that grains are a critical contribution to the make of oat, the ascent in the cost of grain speaks to an expansion in input costs for oat. This is spoken to in the grain advertise as a leftward move of the supply bend and no adjustment in the demand curve.
Answer:
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Explanation:
Answer:
1. Access to new resources that are not available domestically.
2. The ability to purchase new products that are not produced domestically.
3. The ability to purchase goods produced abroad at lower prices than the domestic good.
Explanation:
International trade involves the economic exchange or transactions of capital, goods and services between countries, mainly over international boundaries as a result of want or need by the consumers.
Examples of such goods are crude oil, clothing, electronic gadgets etc.
International trade can be classified into three categories namely;
- Import trade.
- Export trade.
- Entrepot trade.
The International Trade Organization now known as the World Trade Organization which was founded in 1994 is focused on efficiently lowering the cost of alternatives, creating access to resources and increased diversity of choice for consumers.
Answer:
The correct answer is 2
Explanation:
The market outcomes are the accounting indicators of the sales as well as profit revenue and the market share which is commonly used outcomes in the measure of the performance for the marketing.
Markets are for organize the economic activity. But the governments sometimes improve the market outcomes, not always So, there is not agreement regarding that the government to improves the market outcomes. The standard of living of company grounded on the ability to produce the goods and services.
Answer:
Option C is correct - allocate all of its production capacity to Product Y.
Explanation:
1. Contribution margin per production hour
Product X Product Y
Contribution margin per unit $8 $7
Units produced per hour 2 3
Contribution margin per production hour $16($8*2) $21($7*3)
2. The most profitable sales mix for this company is to allocate all of its production capacity to Product Y.
Option C is correct.