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Answer:
TRADE DEFICIT
FOREIGN CURRENCY RESERVE DEPLETION
LOCAL CURRENCY DEVALUATION
RECESSION
POTENTIAL UNEMPLOYMENT
Explanation:
The problem that could develop if the U.S. became too dependent on other nations for goods and services are:
1. Trade deficit because when a country imports more than it exports it runs a trade deficit.
2. Foreign Currency Reserve Depletion: If the U.S. has to import so much from other countries, it will need to increase its foreign reserve because that is how it will pay for such imports. Otherwise the foreign reserve will be hugely depleted
3. Local Currency Devaluation. Reliance on exports can devalue the worth of the local currency because the demand of the foreign currency will be high in relation to local currency and people will be willing to pay more to get foreign currency, which will devalue the local currency
4. Recession: If the United States is reliant on OPEC countries for Oil and an embargo is placed on oil export from those, the U.S. will suffer a recession.
5. Potential Unemployment: Imports of finished goods will cripple local industries who will be forced to compete with the international firms whose goods and services are being imported; and those employed in such industries might loose their jobs, if the small local enterprises are unable to survive such competition.
Answer:
$39,800
Explanation:
From the question above Morrow company has decided to use the measuring cost function method to find its total cost
- $68,400 is the highest cost and $37,600 is the lowest cost
- 6,000 is the highest number of hours and 3,200 is the lowest
The first step is to calculate the cost driver. Let's use the alphabet c to represent the cost driver
(68,400-37,600) / (6,000-3,200)
c = 30,800/2,800
c= $11
Cost driver= $11
The next step is to find the fixed cost. Let's use the alphabet f to represent the fixed cost
68,400= f + ( 11×6000)
68,400= f + 66,000
f= 68,400-66,000
f= $2,400
Fixed cost= $2,400
The final step is to calculate the cost function
Cost function= fixed costs+variable costs×number of units
Fixed cost= $2,400
Variable cost= $11
Number of units= 3,400 hours
= 2,400+(11×3,400)
= 2,400+ 37,400
= $39,800
Hence the total cost at an operating level of 3,400 hours is $39,800
Answer
a. 200 million
b. 30 million
The answer and procedures of the exercise are attached in the image below.
Explanation
Please consider the data provided by the exercise. If you have any question please write me back. All the exercises are solved in a single sheet with the formulas indications.
Answer:
There are 211 quarters and 216 dimes
Explanation:
To answer this question, we need to properly understand what a dime is and what a quarter is. A quarter is 25 cents while a dime is 10 cents in value.
Let the number of dimes present be d and the number of quarters present be q.
We are told that he has 5 more dimes than quarters.
Mathematically, this means that:
d - q = 5 or d = q+ 5 .......(I)
The total value there is $74.35. In cents, this has a value of 7435 cents.
Mathematically:
25q + 10d = 7435......(ii)
We substitute what we have in 1 in 2
25q + 10(q+5) = 7435
25q + 10q + 50 = 7435
35q + 50 = 7435
35q = 7435-50
35q = 7385
q = 7385/35
q = 211
Recall, d = q+ 5 ; d = 211 + 5 = 216
