Answer:
Mexico
Explanation:
The history of the churro is the subject of much debate. Three countries claim ownership of the snack: Spain, China, and Portugal.
Answer:
Successful innovation allows you to add value to your business so that you can increase your profits—if you don't innovate well, your business will plateau. Innovation helps you stay ahead of the competition. With globalization and a rapidly changing market, there are more competing businesses than ever before.
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Answer:
The operating profit is $4,800,000
Explanation:
We know that,
The operating profit would equal to
= Sales - variable cost - fixed expenses
where,
Sales = Number of rounds of golf × selling price per unit
= 600,000 rounds × $75
= $45,000,000
Variable cost = = Number of rounds of golf × selling price per unit
= 600,000 rounds × $17
= $10,200,000
And, the fixed expenses is $30,000,000
Now put these values to the above formula
So, the value would equal to
= $45,000,000 - $10,200,000 - $30,000,000
= $4,800,000
The complete question is:
Some time ago, the nation of Republica opened up its paper market to international trade. Which of the following results of this policy change is consistent with the notion that Republica has a comparative advantage over other countries in producing paper?
a. The price of paper in Republica decreased as a result of the policy change.
b.Republica began exporting paper as a result of the policy change.
c.The domestic demand curve for paper shifted to the right as a result of the policy change.
d.The domestic quantity of paper demanded increased as a result of the policy change
Answer:
b.Republica began exporting paper as a result of the policy change.
Explanation:
When a country has comparative advantage in producing a product, they can produce the product at a lower cost compared to other nations. So they tend to leverage their comparative advantage by exporting to nations that do not have comparative advantage in that good.
If after Republica opens up its paper market to international trade, it starts to export paper. This indicates Republica has comparative advantage in producing paper.
Answer:
D) $2,622
Explanation:
Daily costs
= ($8/meal x 3 meals/day x 2 people) + $45 + $190 + $25) = $308 daily costs
Total costs
= ($400 x 2) + 90 + 500 + (308 x 4 days)
Hence:
Total costs = 800 + 90 + 500 + 1,232
= $2,622
