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Llana [10]
2 years ago
8

To sum up international trade theory, we can say that the primary reason for trade is

Business
1 answer:
muminat2 years ago
6 0

Answer:

The primary reason for trade is for the economic development of a country.

Explanation:

Trade makes a significant and necessary contribution to the economy and the country's development particularly in underdeveloped countries. The rapid progress of underdeveloped countries in the Industrial field is due to their exports. In most countries, such would represent a significant share of their gross domestic product (GDP).

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Helga runs a website on which she sells houseplants. She also earns through pay-per-click advertising that allows search engines
DerKrebs [107]

Answer: a. Gardening gloves

b. Terracotta planters

c. Garden scissors

d. Watering cans

Explanation:

From the question, we are informed that Helga runs a website on which she sells houseplants and that she also earns through pay-per-click advertising that allows search engines to show targeted ads on her site.

All the products will be advertised on her website. The gardening gloves, terracotta planters, garden scissors and the watering cans are all materials that are required for plant growth to provide water and keep weeds away.

6 0
2 years ago
During July, the cost of goods manufactured at Xxis Corporation was $70,000. The beginning finished goods inventory was $19,000
JulsSmile [24]

Answer:

The cost of goods sold =  $74,000

Explanation:

<em>Cost of goods sold is computed as</em>

<em>Opening stock + production- closing inventory</em>

<em>The figure is always subtracted from the sales revenue to determine the gross profit</em>

The cost of goods of XXis Corporation

Cost of goods sold = 19,000 +  70,000 - 15,000

 = $74,000

The cost of goods sold =  $74,000

5 0
1 year ago
A homeseller wants to net $75,000. The commission is 9%, the loan payoff is $450,000, and closing costs are $36,000. What must t
gregori [183]

Answer:

The home must sell for $616,500 to be able to settle all costs

Explanation:

The net to the formula can be used to ascertain the price of the property , the formula is given below:

Net amount=Sales price*(100%-commission rate)

The net to the seller in this case is the amount that seller would receive and be able to settle mortgage and closing costs and still be left with $75000

Net amount =$75000+$450000+$36000

                     =$561000

commission rate is 9%

$561000=sales price*(100-9%)

$561000=sales price*91%

sales price =$561000/91%

                  =616483.52

But to the nearest $100 is $616500

6 0
2 years ago
After sugar refiner has produced fine sugar for baking purposes, what is left over is used to produce molasses. This technology
Blizzard [7]

Answer:

ECONOMIES OF SCOPE

Explanation:

Economies of Scope concept implies producing different , but related products will reduce the per unit  cost of production of the firm (relatively lesser than if the products would have been produced separately.

This happens because of backward & forward linkages in interrelated but different goods' inputs & outputs .

Ex : In this case, another byproduct - molasses has been produced of waste from sugar production, which could have otherwise been purchased input.

Economies of Production is cost reduction due to quantity & not variety production. Diseconomies of Scale & Diseconomies of Scope are their opposite phenomenas leading to cost rise . So , none of these 3 are apt.

6 0
2 years ago
Acme corporation currently has a 20% market share in a $15 billion industry (measured by sales revenue). emca corporation curren
denpristay [2]
Industry sales = $15 billions
Acme market share = 20%
Emca market share = 17%

Acme market share in form of sales:
Acme marker share = 20% of $20 billion = (20/100)*20 = $3.00 billions

Emca market share in form of sales:
Emca market share = 17% of $20 billions = (17/100)*20 = $2.55 billions

Difference between the market shares for two companies as a percentage:
Difference = |20%-17%| = 3% of $20 billion
3 1
2 years ago
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