How has globalization made countries more interdependent? Check all that apply.
Countries now rely on one another for vital resources.
Countries now rely on each other for new industries.
Countries now rely on one another for chances to import.
Countries now rely on one another for an employment base.
Countries rely on each other for cheaper products.
Countries now rely on one another for chances to export.
so its 1,2,3,5,6
Answer: $2500
Explanation:
From the question,
Average variable cost(AVC) = $50
Average total cost (ATC) = $75
Output (Q) = 100
Since Average fixed cost is the difference between the average total cost and the average Variable cost. This will be:
AFC = ATC - AVC
AFC = $75 - $50
AFC = $25
We should note that:
AFC = TFC / Q
TFC = AFC × Q
TFC = $25 × 100
TFC = $2500
Therefore, total fixed cost is $2500
Because they are the leaders and if they make a decision and it make she other people fail it could cause them there job or make the store go down hill. It could make everyone fail and then if they fail the store fails
Answer:
Explanation:
Price ceiling is a price regulatory system put in place by the government to check how high the price of a product can be. It is binding when it is set below the equilibrium price consequently leading to shortage of goods , but non binding if set above the equilibrium price since the price can still fall back to the equilibrium.
When shortage arises as a result of price ceiling being set below the equilibrium price , black market is formed to resolved the shortage with price set by supply and demand. Goods will be illegally sold at prices above the price ceiling.
The effect on black market in the short run will not be severe as the as demand and supply are still at the inelastic stage , but becomes severe in the long run due to elastics demand and supply.
The sales channel that has been opened to manufacturers as a result of digital tools is B2B.
- Through B2B e-commerce, manufacturers can be able to sell their goods directly to the consumers through online platforms.
- It should be noted that because we're in a digital era now, consumers can be able to make purchases for products through online sales platforms and the goods will be delivered to the person's address. This is vital for businesses as manufacturers can make more sales and improve their revenue.
In conclusion, the correct option is B.
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