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earnstyle [38]
2 years ago
12

encourage outsourcing of production units. protect domestic producers by limiting foreign competition. lower the prices of impor

ted components. tend to benefit consumers and not producers.
Business
1 answer:
NARA [144]2 years ago
4 0

Answer:

lower the prices of imported components

Explanation:

In simple words, Job outsourcing allows American businesses to compete more effectively in the international economy. It enables them to advertise to international markets through their abroad operations. They keep labor costs cheap by recruiting in developing countries with poorer living conditions.  As a result, the pricing of the items they send back to the United States are lower.

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________ refers to how people make decisions in a lottery or with uncertainty. People do not generally make expected value decis
allsm [11]

Answer:

The correct answer is c. Prospect theory.

Explanation:

Prospective theory belongs to behavioral economics and stands out as an alternative model to the expected utility theory, since the validity of the rational agent's neoclassical assumption is questioned. This theory was developed by Nobel laureate Daniel Kahneman and his collaborator Amos Tversky in his »Prospect Theory: An Analysis of Decision under Risk” (1979). They used the results obtained from both his own empirical observations, as of several experiments.

Individuals set preferences based on a specific situation and circumstances, rather than in absolute terms. This means that depending on their initial situation, agents will act in one way or another. One of the results of this reasoning leads to behavioral asymmetries between situations of possible losses or gains. Individuals, for example, are generally more risk averse than profit lovers. An endowment effect is also derived from this analysis, since the compensation required by someone to dispose of a good is greater than what they would be willing to pay to acquire it.

4 0
2 years ago
If accounts receivable and inventories increased by $85,000 (total), accounts payable increased by $14,000, and depreciation add
scoundrel [369]

Answer:

We can't define the firm's net income without additional information as either (1) or (2):

1) Revenues/ all income, and all expenses

2) Operating cash-flow together with interest expense, and tax rate

Explanation:

If we can have the operating cash-flow, then we can define EBIT (profit/ earnings before tax and interest) as below:

Operating cash-flow = EBIT  + depreciation - increase of accounts receivable and inventories + increase of accounts payable.

Assuming Operating cash-flow is $100,000 then we have:

EBIT = $100,000 + $64,000 - $85,000 + $14,000 = $93,000

Assuming the firm have no interest expense and tax rate is 35%, then net profit = EBIT*(1- tax rate) = $93,000 * (1-35%) = $60,450

6 0
3 years ago
What is an example of a situation in which the cost of capacity is substantially more than the cost of waiting? What would the w
labwork [276]

Answer:

<em>Cost of Capacity, Cost of Waiting</em> and <em>Waiting Lines</em> which are concepts indicated in the question speaks to Queuing Theory under Operations Management.

The goal of studying this theory simply relates to Optimizing Efficiency.

Let's define the concepts highlighted in the question.

Capacity cost is defined as the total amount of expenses incurred by an organization to provide for or increase its ability to conduct business operations. It can also be referred to as the <em>cost of service</em>.

Cost of Waiting on the hand within the context indicated above is how much it costs a business to keep customers waiting.

The more customers leave without making a purchase or do not return because of frustrating wait times, the higher the waiting cost.

Waiting Line -  This is simply a line of people waiting to be attended to, or access a product or service. It could also refer to Assembly Line. Or simply, <em>a queue.</em>

Explanation:

Cost of Waiting plus Cost of Service equals Total Cost.

<u><em>An optimized situation</em></u><u> is where the total cost is at it's lowest</u>. Reducing capacity may reduce costs of service, but cause an upward spike loss of sales due to lost customers.

Excessive capacity, on the other hand, will reduce the loss of sales due to the loss of customers but lead to an increase in operating costs.

To answer the questions, an example of a situation in which the cost of capacity is substantially more than the cost of waiting is given below:

a) If One ATM can serve 3 customer in 2 Minutes, and ATM users arrive the ATM Gallery at the rate of 3 customers every 4 minutes, then haveing 5 ATM Machines installed at such a location would translate to higher cost of capacity in relation to cost of waiting (Assuming that the cost of purchasing the machines and profit accruable from the ATM use charges are not factors under consideration)

b) the waiting line in such a condition would be substantially smaller than an optimised gallery or close to zero

Cheers!

3 0
3 years ago
Which explains a role of the Bureau of Consumer Protection?
vesna_86 [32]

Answder:

The answer is 4. it works to educate consumers about their rights.

Explanation:

Bureau of consumer protection educates the consumers about their rights and responsibilities. Also, it educates customers on the health and safety standards that every business smust adhere to.

This greatly increases the chances of consumers to not fall into malpractices of certain businesses.

6 0
2 years ago
Read 2 more answers
Tim works at a law firm where he is expected to bring in a large number of cases each week. he has been working at this job for
vekshin1
If Tim were taking any other drug, it would most likely be amphetamines. Amphetamines are nervous system stimulants, thus it is helpful for those that are hyperactive.
3 0
3 years ago
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