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ivanzaharov [21]
3 years ago
15

WoodCore Inc. produces an entire line of office furniture at its manufacturing facility in the United States and then ships its

products for sale to various companies in Europe. WoodCore Inc. is involved in
Business
1 answer:
Lynna [10]3 years ago
4 0

Answer:

WoodCore Inc. is involved in exporting.

Explanation:

Exporting is the act of producing a good in the home country, and selling the product abroad.

WoodCore Inc. is involved in exporting because, as an American company, it finishes its products in the United States, but ships a part of the production for sale in Europe.

If instead, it obtained the finished goods from Europe, and sold them in the United States, WoodCore Inc. would be involved in importing.

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Please select the word from the list that best fits the definition
Vlad1618 [11]
B. Too broad

While this maybe true. It's way too broad of a statement to conclude.
6 0
3 years ago
Read 2 more answers
For a competitive market, A. a seller can always increase her profit by raising the price of her product. B. a seller often char
PtichkaEL [24]

Answer: For a competitive market, <u><em>if a seller charges more than the going price, buyers will go elsewhere to make their purchases.</em></u>

Explanation:

A perfectly competitive market has the following characteristics:

(a). In this particular market there are many buyers and sellers.

(b). Also each company makes similar product. i.e. the products are identical in nature.  

(c). In this market buyers and sellers will have access to perfect information about price. and product.

(d). In a competitive market there are no barriers to entry into or exit from the market.

Therefore , <u><em>if a seller charges more than the going price, buyers will go elsewhere to make their purchases.</em></u>

3 0
4 years ago
Raj is a 50% shareholder in an S corporation. In the current year, he is reporting $50,000 of salary, $2,000 of interest income,
ycow [4]

Answer:

B) $4,000

Explanation:

The computation is shown below

As the QBI deduction can be less of

20% of Qualified business income

OR

20% of net capital gain

So the 20% of qualified business income is

= $20,000 × 20%

= $4,000

And, the 20% of  Net capital gain is

= ($65,000 - $10,000) × 20%

= $11,000

So, the lesser amount between $4,000 and $11,000 is $4,000

3 0
3 years ago
The arguments for restricting trade
katen-ka-za [31]

Answer: (A) Unfair competition argument

Explanation:

  The unfair competition argument is one of the type of common argument that helps in applying while taking various types of unfair decisions in an organization.

It is one of the intellectual branch that basically substitute the competitor's products and the items in the market by using the deceiving techniques or methods.

According to the given question, Lobbyist is basically using the various types of Unfair competition arguments for the purpose of argue for the trading restriction on the steel rods as the foreign producers are using their unfair benefits over the domestic manufactures.      

Therefore, Option (A) is correct answer.

6 0
3 years ago
Read 2 more answers
A particular brand of shampoo costs 6 Canadian dollars in Toronto. The nominal exchange rate is about 1.2 and the real exchange
likoan [24]

Answer:

The correct answer is D that is $4.49

Explanation:

The US dollar price of the shampoo is computed as:

Price in US = (Price in Canada × Real exchange)/ Nominal exchange rate

where

Real exchange is 0.90

Price in Canada is 6

Nominal exchange rate is 1.2

Putting the values above:

Price in US = (6 × 0.90) / 1.2

= 5.4 / 1.2

= $4.49 or $4.5

4 0
4 years ago
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