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polet [3.4K]
2 years ago
6

Explain in more than 3 sentences why does the USA imports so much from China.

Business
1 answer:
mylen [45]2 years ago
8 0

The U.S. depends heavily on China for providing the low-cost goods that enable income-constrained American consumers to make ends meet. The U.S. also depends on China to support its own exports. Next to Mexico and Canada, China is America's third-largest and by far its most rapidly growing major export market.

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Future Value of Annuity. Twins Jessica andJoshua, both 25, graduated from college andbegan working in the family restaurant busi
pav-90 [236]

Answer:

Jessica will have $611,816.70 at retirement.

Explanation:

a) Data and Calculations:

Jessica:

Annual contribution in IRA for 10 years = $2,000

Retirement age = 65 years

Interest rate per year = 10%

Annuity value for investing $2,000 annually is $35,062.33

FV (Future Value) $35,062.33

PV (Present Value) $13,518.05

N (Number of Periods) 10.000

I/Y (Interest Rate) 10.000%

PMT (Periodic Payment) $2,000.00

Starting Investment $0.00

Total Principal $20,000.00

Total Interest $15,062.33

Amount received after investing $35,062.33 for 30 years.

Using an online finance calculator:

FV (Future Value) $611,816.70

PV (Present Value) $35,062.33

N (Number of Periods) 30.000

I/Y (Interest Rate) 10.000%

PMT (Periodic Payment) $0.00

Starting Investment $35,062.33

Total Principal $35,062.33

Total Interest $576,754.37

7 0
2 years ago
Roofing Issues. Sally agrees to roof a house for Bob. After doing his research, Bob chooses Sally based on her great reputation
expeople1 [14]

Answer:

C. Spencer will win because regardless of whether Glen was acting within the scope of his employment, Sally is liable for his negligence

Explanation:

Spencer will win the lawsuit and Sally is liable for negligence.

This is because, Sally was the person originally hired to do the roofing job.

She hired other workers to help her with the job, so she's liable to their actions and inactions.

Sally is operating under a working agreement (contract) and has already charged a fee of $10,000 so any punitive damages would be her responsibility.

Spencer was moving around and Glen threw some roofing shingles without any word of warning to people that might be in harm's way. So for Glenn's actions, Sally is liable for his negligence.

5 0
3 years ago
Trade will take place: A. if the maximum that a consumer is willing and able to pay is less than the minimum price the producer
Lubov Fominskaja [6]

Answer: (B.) <u><em>If the maximum that a consumer is willing and able to pay is greater than the minimum price the producer is willing and able to accept for a good.</em></u>

Explanation:

A producer will only sell goods and services if the consumer is willing to pay as much as the asking price. i.e. The price that the producer is asking. For this to happen the consumer's willingness to pay must be greater than the minimum price.

Therefore , the trade will take place if <u><em>the maximum that a consumer is willing and able to pay is greater than the minimum price the producer is willing and able to accept for a good.</em></u>

8 0
2 years ago
_______ measures how many consumers in a market are familiar with the brand and what it stands for and have an opinion about it.
Anastasy [175]

Answer:

Brand Awareness

Explanation:

Brand Awareness measures how many consumers in a market are familiar with the brand and what it stands for and have an opinion about it. Brand awareness is further consisted of 2 elements:

1: Brand Recognition: is the ability of consumers to confirm previous exposures to brand when they are presented the brand as a cue. For example, if you go to a store, will you be able to recognize the brand to which you have been already exposed?

2: Brand Recall: It is the consumers ability to retrieve the brand from their memory if they are given product category or usage occasion as a cue. For example, when you think of carbonated drink, then what brand comes into your mind?

3 0
3 years ago
Which of these individuals is an entreneur ?
wlad13 [49]

Answer:

A. a computer programmer who starts her own software Company

Explanation:

Entrepreneurship is the process through which new businesses are started. An entrepreneur is a person who takes risks by committing their time and resources to start a business.

The computer programmer is the entrepreneur in this case. She is starting a new software business. Other than her computer skills, she will need to be creative and innovate to develop products that will appeal to customers. She will take all risks of her new business but also stand to enjoy its success.

7 0
3 years ago
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