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Yanka [14]
3 years ago
8

Trade industry short note​

Business
1 answer:
exis [7]3 years ago
6 0

Answer:

Trade is a basic economic concept involving the buying and selling of goods and services, with compensation paid by a buyer to a seller, or the exchange of goods or services between parties

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Price is the _____________ a consumer is willing to make to acquire a specific product or service.
vfiekz [6]

Answer:

Overall sacrifice

Explanation:

Price is associated with the amount of money that a consumer have to pay to purchase a articular product. Overall sacrifice is that amount of money which is sacrificed by the consumer to acquire a particular product or service. Price of the product is set by the seller in the market and it is totally depends upon the willingness of the consumer to buy the product at the prevailing prices or not.

3 0
4 years ago
NEED HELP ASAP, WILL GIVE BRAINLIEST
SVEN [57.7K]

Answer:

the answer is c 16.65% hope this helps you out

6 0
3 years ago
Read 2 more answers
Suppose a gold miner finds a gold nugget and sells the nugget to a mining company for $600. The mining company melts down the go
KIM [24]

Answer:

GDP grew by $2,200

Explanation:

G<em>ross domestic product (GDP) which is the total market value of all the final goods and services produced in a country over a given period of time. The GDP can be calculated using the value added approach.</em>

Here the GPD figure is ascertained by summing the amount of additional value created by each factor of production at each stage of the production process of the final product.

<em>Only the values added are summed, the cost of the inputs or intermediate goods are not included</em>

<em>In this question, the final value of $2200 represents the amount by which the GDP has increased in the period. This also can be verified using the value-added approach as follows</em>

                                                   Value added($)

Gold miner   -                                   600

Mining company : 1000 -600 =      400

Jewerlry maker  :1600 - 1000 =      600

Departmental store :2200 -1600 = <u>600</u>

Total value added                           <u>2,200</u>

8 0
3 years ago
How will food delivery like deliveroo engage with local community​
BartSMP [9]

Answer:

People can go around and help the economy continue flowing

Explanation:

The person ordering is supporting a restaurant in the community without having to leave the house if they don't want to but they are still able to get food from places and they are able to support them with their business. They are also paying the person who is delivering the food, helping give people in the community jobs and keep the economy flowing.

8 0
3 years ago
Key infrastructure challenges to consider when entering a foreign market include?
swat32
Key infrastructure challenges to consider when entering a foreign market include:

transportation, communication, and energy

6 0
3 years ago
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