Ask question

Ask question

All categories

3 years ago

9

Mary kay, avon, and other cosmetic manufacturers produce and market their products on a worldwide basis including countries like

the united states, australia, india, and china. thus, the cosmetics industry serves as an example of __________.

1 answer:

Nina [5.8K]3 years ago

6 0

Beauty and cosmetics

You might be interested in

The market for gasoline has changed in a couple significant ways over the last few years: new technologies have decreased the co

Phantasy [73]

In economics, supply and demand refers to a relationship between the amount of a ware that producers wish to offer at different costs and the amount that consumers wish to purchase.
Because of the way that automobiles are ending up more fuel proficient the general impact on the equilibrium cost of gasoline is that there will be a less need of gas required thus the cost will diminish or decrease. According to my thinking, it would be more beneficial to the economy due to the lesser degree a need however it would offer more gas because of the abatement in cost. Society utilizes different things that uses gas other than cars, for example, lawnmowers, tractors, bikes, and so on. So despite the fact that new advancements are diminishing the cost related with creating gas society still deliver items that utilizes fuel every day that will keep on having an impact on the equilibrium price overall.

4 0

3 years ago

Read 2 more answers

To maximize economic surplus, keep increasing output as long as

finlep [7]

Answer:Therefore, total surplus is maximized when the price equals the market equilibrium price. In competitive markets, only the most efficient producers will be able to produce a product for less than the market price. Hence, only those sellers will produce a product

Explanation: i no it

7 0

3 years ago

Economic growth refers to a steady increase in the production of goods and services in an economic system.

MatroZZZ [7]

Answer:

<em>Economic growth refers to a steady increase in the production of goods and services in an economic system.</em><em> </em><em><u>True</u></em>

3 0

2 years ago

A capital market helps businesses

ahrayia [7]

I think the answer is c.capitalize on interest but i'm not quite sure

4 0

3 years ago

On october 31, 2009, sky co. borrowed $16 million cash and issued a 7-month, noninterest-bearing note. the loan was made by star

mash [69]

Answer: Sky's effective interest rate on this loan is 8.39%.

In this question, we assume that interest is compounded annually.

Since Sky issues a non-interest bearing note, Star Finance will deduct 7 months' interest at 8% on the Face Value of the loan and pay the rest as principal to Sky.

Face value of the note $16 million

Discount Rate p.a 8%

Tenure of the note 7 months

$Discount on Note = Face Value * Discount Rate * \frac{Tenure in months}{Months in a year}$

$Discount on Note = 16 * 0.08 * \frac{7}{12}$

$Discount on Note = 0.746666667million$

[tex]Loan Amount received by Sky = Face Value - Discount on note[/tex]

$Loan Amount received by Sky = 16 - 0.746666667$

$Loan Amount received by Sky = 15.25333333 million$

So, Sky pays an interest of 0.746666667 on a sum of 15.25333333 for 7 months. This works out to a seven month interest of:

$Seven month Interest Rate = \frac{Interest}{Loan amount}$

$Seven month Interest Rate = \frac{0.746666667}{15.25333333}$

$Seven month Interest Rate = 0.048951049$

From this we can work out the effective interest rate for Sky as follows:

$Sky's Effective Interest Rate = Seven month interest rate * \frac{12}{7}$

$Sky's Effective Interest Rate = 0.048951049* \frac{12}{7}$

$Sky's Effective Interest Rate = 0.083916084$

4 0

3 years ago