Answer:
The export supply curve would shift upward as the demand for the exported goods will decrease, the supply of goods will decrease and the price of goods will increase (become more expensive to export). As a result of the trade war intensifying, the future of the exchange rate will increase as the market for exporting goods will become more volatile in trade. When the supply of goods decrease, it pushes up the price to purchase the export goods and will have a negative impact on the rate at which the exported goods are exchanged at. That means the exchange rate (like taxes and levies on export) will increase in price.
Explanation:
To understand this concept, you have to understand the definition of an export supply curve. An export supply curve is the value of the difference of the quantity to supplied (produced) to export less the the quantity demanded by consumers (who want imported goods).
Refer to the illustrated graph attached to understand the above information.
Answer:
The Seller would be primarily liable
Explanation:
Since in the question, it is mentioned that the seller had sold a house to a buyer for taking up the loan i.e. based on a subject. But after two years the buyer does the default and does not pay the money.
Therefore for lending the note, the seller is primarily liable as the seller permit the buyer for taking the loan
Answer:
There are two answers to this::
1. No social or moral taboos on production
2. A competitive market system
Answer:
B. work-in-process inventories.
Explanation:
Partially completed goods that are in the process of being converted into a finish product are defined as work-in-process inventories.
Generally, the work-in-process inventories include the following raw materials cost, direct labor cost and factory overhead cost.
These category of products are only partially completed and as such are waiting for further processing, still undergoing fabrication or kept in a buffer storage.
Answer:
$4,240
Explanation:
A listing contract is a contract between the owner of a property and real estate broker. It's a legal document that gives the real estate broker the rights to sell your home.
In this case, since the house was sold by the owners during the listing period, the real estate company is entitled to the 4% on sale agreed upon.
Thus,
Commission entitled = 106,000 × 4%
= 106,000 × 0.04
= $4240