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AlekseyPX
3 years ago
6

The question - in your opinion, why do most economists oppose policies that restrict free trade or trade among nations

Business
1 answer:
Dafna1 [17]3 years ago
5 0
Restricting free trade or trade among nations creates outside market influences that cause markets to act in unpredictable ways. This could artificially makes prices higher or lower than they should be. It can also cause shortages in goods or services produced. This prevents market optimization.
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Globalization in the corporate age enables people who do not have health insurance to take advantage of medical tourism, medical
Vesnalui [34]
Globalization​very useful for health insurance to take advantage of medical tourism, medical tourism is traveling
7 0
3 years ago
During November, the production department of a process operations system completed and transferred to finished goods 31,000 uni
Aleks [24]

Answer:

200,800 units

Explanation:

<u>Calculation of Equivalent units of Production of Conversion Costs</u>

Method : weighted-average method.

Completed and Transferred (181,000 × 100%)             = 181,000

Ending Work In Process (33,000 × 60%)                     =   19,800

Equivalent units of Production of Conversion Costs  = 200,800

6 0
3 years ago
Andrews Company manufactures a line of office chairs. Each chair takes $14 of direct materials and uses 1.9 direct labor hours a
xenn [34]

Answer:

Chair unit cost:                 $    49.72

Total cost for 675 chairs: $  33,561

Explanation:

Direct Materials:                                                                   $  14.00

Direct Labor:   1.9 hours x $16 labor cost:                           $ 30.40

Overhead:

1.9 labor hours x ($ 1.6 variable rate + $ 1.20 fixed rate) = $<u>  5.32  </u>

                                          Total unit cost:                             $ 49.72

Cost to produce 675 chairs:

675 charis x $ 49.72 per chair = $ 33,561‬

6 0
3 years ago
which of the following best describes the kinds of decisions that result from using cost-benefit analysis
ehidna [41]

With the absence of the options to choose from, lets look at general results of using cost-benefit analysis.

Explanation:

using cost-benefit analysis is a strategic way of making decisions based on cost and benefit solely.

Ideally any investment or strategic decision to be made by an institution needs a cost-benefit analysis.

This is done by listing all the projected resources needed to take up the strategic objective and costed. After which another list is made of the potential benefit that is likely to come to the organisation.

When the two is compared we say <em>you are making cost-benefit </em>analysis.

More often without secondary reasons, the option with the highest benefit over cost is chosen.

This cost and benefit analysis are made both qualitatively and quantitatively.

Quantitatively methods such as NPV are used.

#learnwithbrainly

7 0
3 years ago
Suppose that the United States and Canada both produce only two products, televisions and food. The United States can produce 10
algol13

Answer:

Option A. Two - Third of a television

Explanation:

Using Unitary Method,

Here, the opportunity cost of producing 150 pounds of food in US = 100 televisions

Similary the opportunity cost of producing 1 pound of food in US = 100 / 150 televisions = 0.66 televisions = 2/3 televisions

So the right option is A.

3 0
3 years ago
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