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3 years ago

When the price of steel rises, ford uses more aluminum in the production of its cars. this is an example of?

Business

2 answers:

Leno4ka [110]3 years ago

8 0

Hey there,
This is an example of <span>Substitution in production.

Hope this helps :))

~Top
</span>

Sonbull [250]3 years ago

3 0

This is called s<span>ubstitution in production</span>

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Companies such as starbucks and ibm are businesses that serve customers and suppliers wherever in the world they may be located

ddd [48]

The answer is :Globalization

Globalization refers to the situation when we able to integrate all of the resources and communication among all people in the world, not limited to country's border.

Globalization could only occurs after advanced technological development that allow people from other countries to make contact with one another in a fast and efficient way.

3 0

3 years ago

RKO Company sold bonds with a face value of $850,000 for $910,000. The bonds have a coupon rate of 8 percent, mature in 10 years

Alex73 [517]

Answer:

cash 910,000 debit

bonds payable 850,000 credit

premium on BP 60,000 credit

-- to record issuance of bonds --

interest expense 63700 debit

amortization 4300 credit

cash 68000 credit

--to record coupon payment at December 31th--

Explanation:

issuance:

cash proceed of 910,000 face value of 850,000 the 60,000 difference wil be a premium.

interest entry:

we multiply the carrying value of the bonds by the market rate

we calcualte the cash procees as ussual: face value x bond rate

the difference wil be the amortization on premium

910,000 x 7% 63,700

850,000 x 8% 68,000

amorization 4,300

5 0

3 years ago

Evaluate the following statement: Banks use deposits to make consumer loans to households and commercial loans to businesses. B

Sav [38]

To night it is fffffffffffffalse

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4 years ago

In order for mutually beneficial trade to occur between two otherwise isolated nations, Multiple Choice each nation must face co

serg [7]

In order for mutually beneficial trade to occur between two otherwise isolated nations, each nation must be able to produce at least one good relatively cheaper than the other.

<h3>What does comparative advantage mean?</h3>

A country has comparative advantage in production if it produces at a lower opportunity cost when compared to other countries. A country should specialise in the production of goods for which it has a comparative advantage. This is when trade can be mutually beneficial .

To learn more about comparative advantage, please check: brainly.com/question/25812820

6 0

3 years ago

The manager of a 150-unit apartment complex knows from experience that all units will be occupied if the rent is $1000 per month

Roman55 [17]

The rent that the manager should charge to maximize revenue will be $2,000.

In business, a rent is known as the cost incurred by a business to utilize a property or location for an office, retail space, factory, or storage space.

Initially, to find revenue by coming up we can calculate with an equation below:

Revenue = Price × Revenue

Where, price = 1000 + 20x

Quantity = 150 - x

R(x) = (1000+20x) (150-x)

R(x) = 150000 - 1000x + 3000x - 20x²

R(x) = - 20x² + 2000x + 150000

To maximize the revenue, we calculate the derivative and set it to zero:

R(x) = - 20x² + 2000x + 150000

R(x) = -40x + 2000

-40x + 2000 = 0

40x = 2000

x = 50

After we find the amount of X, thus we determine the rent that the manager should charge to maximize revenue

Price=$1000+20x

Price=$1000+20(50)

Price=$1,000 + 1,000

Price = $2,000

Learn more about the rent at brainly.com/question/2254034

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5 0

1 year ago