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Zanzabum
3 years ago
6

one reason some manufacturing companies have moved production from overseas locations back to the united states is an increasing

preference by U.S. consumers for products made in the united states. Assuming that managers at these companies used all available information, including the increased preference by U.S. consumers for domestically produced, when making the decision to move production back to the United States exemplifies which key economic idea
Business
1 answer:
Sloan [31]3 years ago
5 0

Answer: C.  People are rational.

Explanation:

Economic theory assumes that people are rational when making economic decisions. This means that they will seek to make a decision that can satisfy them the most or give them the highest benefit.

This benefit does not always have to be monetary, it can also be emotional. The U.S. customers who prefer made in America products would therefore be emotionally satisfied by the decision of these manufacturing companies to move back to the U.S. and will patronize them more.

This decision to move back was therefore based on people being rational.

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Gringo's Restaurant is a small restaurant located in a Mesa, Arizona, neighborhood shopping center that has a grocery store (cha
Morgarella [4.7K]

Answer:

The correct answer is letter "C": probably reasonable and enforceable.

Explanation:

In Law, covenants are agreements between two parties that push one of them to refrain from doing certain activities. There are two types of the covenant: covenants running with the land and covenants for title. In Carl's case, <em>it is possible that the covenant provisioned at the moment of selling Gringo's Restaurant to Wilma is reasonable to promote fair competition within a determined area. Therefore, Carl is not allowed to open another restaurant similar to the one he is selling otherwise the covenant in Wilma's contract could be enforced.</em>

5 0
3 years ago
The balance shown in the August bank statement of Colt Company was $22,400. After examining the August bank statement and items
a_sh-v [17]

Answer:

A.$20,200

Explanation:

The computation of the cash amount which should be reported in the balance sheet is shown below:

= August Bank statement balance + Deposits outstanding - Checks outstanding

= $22,400 + $2,300 - $4,500

= $20,200

The other amount which is given in the question is irrelevant. Hence, these items should not be considered in the computation, so they are ignored.

3 0
4 years ago
Read 2 more answers
Marsh uses a perpetual inventory system. On December 29, Marsh, Inc. sold inventory for $5,500 on account with terms 2/10 n/30.
krok68 [10]

Answer:

no no entry will be made

Explanation:

Data provided in the question:

Date on which inventory sold,  December 29

Amount of inventory sold = $5,500

Account terms = 2/10 n/30

Date on which amount is paid, January 3

Now,

Since the date on which the entry is being made (i.e December 29) is before the payment is actually made (i.e January 3). Therefore, no no entry will be made in its inventory account

3 0
4 years ago
Brews 4 U is a local chain of coffee shops. Managers are interested in the costs of the stores and believe that the costs can be
Sergeeva-Olga [200]

Answer a)  The letter b is best described as the estimate of the cost for an additional customer visit.

Answer b)  The letter y is best described as the observed store cost for a given month.

Answer c)  The letter x is best described as observed customer visit for a given month.

Answer d)  The estimated cost for 370 customer visits is

Y = a + bx

a =$ 687.65 b = $ 7.59 x = 370 customer visits

Y = $ 687.65 + ($ 7.59 * 370 customer visit) = $ 687.65 + $ 2,808.3  = $ 3,495.95

Answer e)  The percent of total variance that can be explained by regression equation is R2 = 0.79754 or 79.754%

8 0
4 years ago
Your uncle lends you $2,000 less $100 (interest at 5 percent), and you receive $1,900. Use the APR formula to find the true annu
vesna_86 [32]

Answer:

APR =5.263%

Explanation:

Computation of the true annual percentage rate

Using the APR formula to find the true annual percentage rate

APR=(2 × n × I) / [P × (N + 1)]

Hence;

APR= (2 × 1 × $100) / [$1,900 × (1 + 1)]

APR=$200/($1,900×2)

APR=$200/$3,800

APR= 0.05263 ×100

APR =5.263%

Therefore the true annual percentage rate using the APR formula will be 5.263%

7 0
3 years ago
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