It's when goods or services is entering in a country from abroad to buy
Answer:
The answer is
Up to $368 (320 x 1.15=$368).
good luck
Answer:
an increase of $3,000 which will be subtracted from net income
Explanation:
an increase of $3,000 which will be subtracted from net income .Increase in Inventory = 10000-7000 = $3000 .Increase in Inventory is reported as a decrease and subtracted from net income .an increase of $3,000 which will be subtracted from net income
Answer:
Net operating income would be decreased by $137,000
Explanation:
The computation is shown below:
Sales $490,000
Less: Variable expenses ($221,000)
Contribution margin $269,000
Less
Fixed manufacturing expenses ($90,000)
Fixed selling and administrative expenses ($42,000)
Net income $137,000
If the product H58S were dropped than the net operating income would be decreased by $137,000
When the price of a commodity is $11, where 1250 units are being bought and sold in a perfectly competitive market, the market price of the commodity will increase from its original price if the market is monopolized.
<h3>What is a perfectly competitive market?</h3>
In a market where there are less to zero restrictions for entry and exit of buyers and sellers in the market dealing in similar commodities, then such a market is known as a perfectly competitive market.
There is no pricing power in the hands of the buyers and sellers in the market, as there is no minimum or maximum limit on the number of sellers in the market, so the supply is not restricted in such a market.
Hence, it can be concluded that market prices are stable in a perfectly competitive market, and it generally increases in a monopolistic market.
Learn more about a perfectly competitive market here:
brainly.com/question/13961518
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