1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
gogolik [260]
2 years ago
7

Why do lower labor costs in other countries lead to job loss in the United

Business
1 answer:
Artist 52 [7]2 years ago
3 0

Answer:

Foreign producers are able to insource and make higher profits.

Explanation:

yes its so because the foreign producers cause people to work for them instead so u need to buy products made in your own country.

You might be interested in
A monopolist does not have a supply curve because the firm's decision about how much to supply is impossible to separate from th
Stella [2.4K]
True. A monopolist does not face the same constraints as an open or free market but instead is bounded by the consumers' demand for its products. Therefore, the firm's decision about how much to supply is directly related to its demand curve because they can produce as much or as little as the consumes demand. 
7 0
3 years ago
At high price levels, demand tends to be ________ and the price effect is ________, relative to the output effect.
rosijanka [135]
At high price levels, demand tends to be elastic and the price effect is small relative to the output effect.
3 0
2 years ago
What distinguishes open-ended credit from closed-ended credit?
KiRa [710]

Open-ended credit is credit that can be used repeatedly.

Example: A credit card

Close-ended credit is credit that has to be paid in full by a certain date

Example: A house loan (mortgage)

6 0
2 years ago
Read 2 more answers
Ken is 63 years old and unmarried. He retired at age 55 when he sold his business, Understock.com. Though Ken is retired, he is
elena-s [515]

Answer: $‭46,950‬

Explanation:

a. All sources of income should be included including illegal ones.

b. Gain = 1,000 (32 - 31)

= $1,000

c. Gain = Amount received - Amount paid apportioned per year

=  25,000 - (210,000/20)

= 25,000 - 10,500

= $14,500

d. Not included as disability benefits are not included.

e. The $300 is deductible but the $200 that went towards car payment is not.

f. Taxation principles require that the person taxed should be the person earning the income so Ken will not be charged on the $1,100

g. The relevant figure here is the tax benefit before the $610 refund.

Ken claimed $6,250 in itemized deduction but the standard deduction is $6,200. Ken gained;

= 6,250 - 6,2000

= $50

h. The $30,000 is included as Ken earned it.

Gross Income = 1,200 + 1,000 + 14,500 + 200 + 50 + 30,000

= $‭46,950‬

3 0
3 years ago
Venezuela Co. is building a new hockey arena at a cost of $2,500,000. It received a downpayment of $500,000 from local businesse
FromTheMoon [43]

Answer:

cash                             2,011,446 debit

unamortized bond cost  50,000 debit

            bonds payable               2,000,000 credit

            premium on BP                     61,446 credit

--to record issuance--

# Beg. Carrying //cash   // expense //Amortization// End.Carrying Value

1 2,061,446  210,000   206144.57 3855.43  2,057,590

2 2,057,590  210,000  205759.02 -4240.98  2,053,349

3 2,053,349  210,000  205334.93 -4665.07  2,048,684

4 2,048,684  210,000  204868.42 -5131.58  2,043,553

5 2,043,553  210,000  204355.26 -5644.74  2,037,908

Bonds payable          1,000,000 debit

premium on BP              24,342 debit

issuance cost expense 25,000 debit

interest expense           51,217.1  debit

loss at redemption        41.959,9‬ debit

  cash                                                     1,117,500 credit                      

  unarmortized bond issuance cost       25,000 credit

Explanation:

First, we solve the value collected which is the present value of the coupon payment and maturity

C \times \frac{1-(1+r)^{-time} }{rate} = PV\\

C 210,000.000

time 10

rate 0.1

210000 \times \frac{1-(1+0.1)^{-10} }{0.1} = PV\\

PV $1,290,359.0922

\frac{Maturity}{(1 + rate)^{time} } = PV  

Maturity   2,000,000.00

time   10.00

rate  0.1

\frac{2000000}{(1 + 0.1)^{10} } = PV  

PV   771,086.58

PV c  $  1,290,359.0922

PV m  $     771,086.5789

Total  $  2,061,445.6711

Now, we solve for the premium

2,061,446 - 2,000,000 = 61,446 premium

the interst expense will be calcualte as carrying value times market rate

the cash will be the same for every period thus 210,000

Finally, the difference will be the amortizationon the premium

If redem on July 1st 2016 we need to record the interst:

2,048,684 x .05 = 102.434,2/2 = 51.217,1

cash interest: 1,000,000 x 10.5% / 2  = 52,500

<em>Total cash</em>

52,500 interest

<u>1,065,000 bonds </u>

 1,117,500

portion of unamortized cost 25,000

face value 1,000,000

portion of premium: 48,684/2 = 24.342‬

the loss f redemption will be the difference between the interest expense, amoritzation on premiun and write-off of the face value with the amount of cash outlay.

8 0
3 years ago
Other questions:
  • What is the highest degree a person must reach to be in management
    11·2 answers
  • You have a work meeting that starts at 1:15 pm. You arrived at 12:53 pm. How many minutes early were you?
    13·2 answers
  • A company produces 1,000 packages of chicken feed per month. The sales price is $4.00 per pack. Variable cost is $1.50 per unit,
    9·1 answer
  • Selected balance sheet and income statement information for Oracle corporation follows.(required computations from the perspecti
    9·1 answer
  • A stock just paid an annual dividend of $1.8. The dividend is expected to grow by 8% per year for the next 3 years. The growth r
    7·1 answer
  • able below shows the marginal revenue and costs for a monopolist. Demand, Costs, and Revenues Price (dollars) Quantity Demanded
    11·1 answer
  • One part of a cooperations income is paid out to shareholders it is called a ______.​
    6·2 answers
  • What do u mean by equipment ?​
    14·2 answers
  • Roger is almost done with his feasibility study and is concerned about the financing. Up until this point, he has been operating
    10·1 answer
  • Soft skills are ________; they are more or less relevant in every job, at every level, and throughout your career.
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!