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
Nutka1998 [239]
3 years ago
5

Why is it better for countries to specialize in production of one good and trade with other countries?

Business
2 answers:
nirvana33 [79]3 years ago
8 0
Because it helps make the production cost cheaper and the sale price higher
lana66690 [7]3 years ago
6 0
Yea he just beat me to it
You might be interested in
Green Co. produces only Product Z. As part of the annual budgeting, Green is considering whether to produce a new product. Green
RSB [31]

Answer:

Total units= 23214

Explanation:

Giving the following information:

Direct materials $1 per unit

Direct labor $100 per hour (100/500 units= $0.2)

The marketing manager decided to spend $2 per unit.

Fixed cost $55,000

Price= $4,000/1,000 units= $4.

First, we will determine the effect of the first 5000 (with the mkt expense) on the fixed costs:

5000*[4-(1+0.2+2)]= 4000 - 55000= 51000

Break-even point= fixed costs/ contribution margin

Break-even point= 51000/ [4-(1+0.2)]= 18214 units

Total units= 23214

7 0
3 years ago
RST Company produces a product that has a variable cost of $6 per unit. The company's fixed costs are $30,000. The product sells
Sonja [21]

Answer:

$75,000

Explanation:

The computation of the revised break-even point in dollars is shown below:

Break even point = (Fixed expenses) ÷ (Profit volume Ratio)  

where,  

Contribution margin per unit = Selling price per unit - Variable expense per unit  

= $10 - $4

= $6

And, Profit volume ratio = (Contribution margin per unit) ÷ (selling price per unit) × 100

So, the Profit volume ratio = ($6) ÷ (10) × 100 = 60%

And, the fixed expenses is $30,000 + $15,000 = $45,000

Now put these values to the above formula  

So, the value would equal to  

= ($45,000) ÷ (60%)  

= $75,000

8 0
3 years ago
Which statement is TRUE regarding a 28-year old woman who inherits he grandfather's IRA? A. She may delay distributions until sh
frosja888 [35]

Answer:

C. She may receive distributions over her expected life

Explanation:

The deal that derives that if there is one inherits so IRA could be inherited from the spouse. In this case, the fund would remain in the IRA with no tax outstanding unless the spouse continues for taking the distributions it could be started by age 70 and half.

If we skip the given away option that implies the transfer the IRA in a Beneficiary Distribution Account. Also the distributions arise when there is a depletion over the five years

Since she is 28 years old so the expected life is for another 50 + years or more so it decreases the needed yearly distribution

Therefore the option C is correct

5 0
3 years ago
Suppose the economy is in short-run equilibrium above potential GDP, the unemployment rate is very low, and wages and prices are
Effectus [21]

Answer:

an open market sale of Treasury securities (bonds).

Explanation:

An open market sale will decrease the money supply so aggregate demand decreases and shifts to the left.

8 0
3 years ago
Explain how people manage financial risk through transfer.
Alex Ar [27]

There is always risk of fraudulent behaviors.

Hope this helped! :)

3 0
3 years ago
Other questions:
  • A company purchased a delivery van for $30,000 with a salvage value of $6,000 on January one, Year 1. It has an estimated useful
    8·1 answer
  • The difference between the willingness to sell a good and the price a producer receives is also known as:
    11·1 answer
  • What are the advantages and disadvantages of using a credit card?
    14·2 answers
  • How do free market and planned economies differ in the allocation factors factors of production. provide examples
    8·2 answers
  • When a company uses LIFO for external reporting purposes and FIFO for internal reporting purposes, an Allowance to Reduce Invent
    5·1 answer
  • Studies comparing different sources of media found that the more _______ the media, the more persuasive the message.
    12·1 answer
  • What are the different childcare options that families have?
    15·1 answer
  • On October 15, 2021, a 5% stock dividend was declared and distributed. The fair value of the common stock on this date was $31.4
    5·1 answer
  • Cammie received 100 NQOs (each option provides a right to purchase 10 shares of MNL stock for $10 per share). She started workin
    11·1 answer
  • Assume that a U.S. firm considers investing in British one-year Treasury securities. The interest rate on these securities is 12
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!