Look around your room or in your house and find five different objects and identify where they were made. In at least 100 words, discuss how you have personally benefited from trade and provide at least 2 examples. Identify 1 positive impact of trade on your life and 1 way that you have been negatively impacted also.

Answers

Answer 1

Answer:

Throughout my home, there are many objects that were made in many different places. These objects, though they may seem pedestrian, are highly significant in their ability to help and serve. One of these objects includes my television. This trade occurred at Best Buy, where I gave $5,000 U.S dollars in turn for a continuous flow of information. I have since been positively impacted, as I am always aware of my surroundings (I.e. news) and I can keep up with the latest shows. Another example is my refrigerator. My refrigerator allows me to, once again, connect to the internet and keep in touch with those around me. This product has also impacted me, as it makes life much easier. When at the grocery, I am able to search on my phone and look inside to see what I may, or may not, need.

Explanation:


Related Questions

What is an accountant
what do they do for a living

Answers

Answer:

An accountant is a professional who is responsible for keeping and interpreting financial records. Most accountants are responsible for a wide range of finance-related tasks, either for individual clients or for larger businesses and organizations employing them

Explanation:

the contribution margin income statement allows users to easily judge the impact of a change in ______ on profit.

Answers

The blank space has been correctly filled below:

The contribution margin income statement allows users to easily judge the impact of a change in selling price, cost, or volume on profit.

The contribution margin income statement is an evaluation of a former sales period. Entrepreneurs use this procedure to determine whether they made a profit or loss during the period.

After their evaluation, they realize the operating income or net income. The contribution margin is generated using this formula,

Net product revenue - Total variable cost ÷ product revenue.

A proper understanding of the fixed and variable costs is essential to accurately calculate the contribution margin.

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the pitfalls of a differentiation strategy include

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The pitfalls of a differentiation strategy include many methods such as "attempting to differentiate using easily copied features."

Other methods that could be a pitfall for differentiation strategy includes the following:

When firms differentiate based on the features, they believe buyers do not value.

When firms differentiate based on price, for example, firms charge higher prices to create a premium image.

Differentiation strategy in business is a method businesses or firms use to create distinct products for consumers, and it is expected to give the firms a competitive advantage over rivals.

Hence, in this case, it is concluded that there are various pitfalls in differentiation strategy firms should be aware of.

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Consider a Malthusian economy. For each of the following scenarios, use the diagrams to illustrate what happens to a country’s population size and living standards, ceteris paribus. Clearly explain what happens to the equilibrium and describe the transition to the new equilibrium if any.a. Marrying late slows down population growth.b. An earthquake kills half of the population and destroys half the land.

Answers

In the situations presented, what happens to the population and living standards is that they improve significantly avoiding a Malthusian catastrophe.

Malthusianism is a sociological concept that refers to the theory developed by Thomas Malthus in which he states that population growth at the rate that is being done will result in a decrease in resources for life, that is what he defined as Malthusian catastrophe.

According to the above, the situations presented would be a way of delaying the Malthusian catastrophe because if people marry late, the probability of having children is reduced for biological reasons. In addition, the number of children is going to be reduced.

On the other hand, if an earthquake occurs that destroys half the world and kills half the population, the Malthusian catastrophe is delayed because the available resources would increase in relation to the existing population.

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gen-tech sells merchandise on account for $4,000 to acorn company with credit terms of 2/10, n/30. within the discount period, acorn company returns $500 of damaged merchandise and a check for ________ to settle the account.

Answers

Within the discount period, acorn company returns $500 of damaged merchandise and a check for $3,450 to settle the account

Using this formula

Check amount=(Merchandise sold- Merchandise return)-  [(Merchandise sold- Merchandise return)× Discount]

Where:

Merchandise sold=$4,000

Merchandise return=$500

Discount=2%

Let plug in the formula

Check amount=($4,000-$500)-[($4,000-$500)×2%]

Check amount=$3,500-($3,500×2%)

Check amount=$3,500-$70

Check amount=$3,430

Inconclusion within the discount period, acorn company returns $500 of damaged merchandise and a check for $3,450 to settle the account.

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when an externality is present, the market equilibrium is

Answers

Answer:

Effecient

Explanation:

And the equilibrium maximizes the total benefit to society as a whole

withholding taxes for federal and state income tax are based upon which items?

Answers

Number of exemptions claimed and amounts earned by employees.

The text below describes the purpose of the Coalition of Independent Educator Associations (CIEA). The Coalition of Independent Educator Associations (CIEA) is made up of non-unionized education associations across America. Keeping educators connected, CIEA collaborates and focuses on serving its members in each state and on the national level. Source: cieaonline.org Judging from the organization's description, CIEA could be best categorized as what kind of interest group

Answers

Answer:

peak association

Explanation:

The Coalition of Independent Educator Associations (CIEA) is most likely an Economic interest group based on the description of its services.

Economic interest groups:

Represent the affairs of a labor group such as teachers and doctors Foster cooperation between members of a labor group Increase economic and financial access for their members

The Coalition of Independent Educator Associations (CIEA) is concerned with the affairs of educators as well as working to increase collaboration and cooperation between its educator members.

We can therefore conclude that the CIEA is an economic interest group as it engages in work that is typical of other economic interest groups.

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what is the name of the file management application?

Answers

Answer:

Traditional file management applications such as File Explorer — the de facto file manager in Windows — are powerful enough only as far as personal use is concerned. Put simply, they are basic tools designed to help users manage files and folders on local computers.

Two homebuilders are building homes in nearby subdivisions. One is offering 2,500-square-foot homes with two-acre yards. The other is offering a similarly sized house with quarter-acre yards. The builder offering the smaller lots cannot keep up with demand. The builder offering the larger lots has several unsold houses. The builder with the larger lots could use ____ to determine why his homes are not selling.

Answers

Answer: estimation

Explanation:

As per the given situation, Proactive customer monitoring might be used by the builder with the bigger lots to figure out why his homes aren't selling.

What is Proactive customer monitoring?

The goal of proactive monitoring is to proactively seek out possible problems before they become serious obstacles for their company. Because proactive monitoring foresees problems, one  can deal with them before an application crashes or performance degrades.

Homes are being constructed in surrounding communities by two homebuilders. One presents homes with two-acre yards that are 2,500 square feet in size. The other is providing a home with a similar size and quarter-acre yards.

The smaller lots are being offered by a builder who is unable to meet demand. The developer who is offering the larger lots has a number of unsold homes.

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________ is the process of examining data sets in order to draw conclusions about the information they contain.

Answers

Answer:

Data analytics

Explanation:

if gdp is $15 trillion, consumption is $9 trillion, government spending is $2 trillion, investment is $3 trillion, and exports are $3 trillion, then imports must be $____ trillion.

Answers

The imports of this country are around $2 trillion.

The GDP of a nation refers to the value of all the final goods and services produced in the country in that year. It is calculated by the formula:

GDP = Consumption + Government Spending + Investment + Exports - Imports

15 = 9 + 2 + 3 + 3 - Imports

15 = 17 - Imports

Imports + 15 = 17

Imports = 17 - 15

Imports = $2 Trillion

In conclusion, the imports are $2 Trillion

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a demand curve shows the relationship between price and _________________ on a graph.

Answers

Answer:

relationship between price and quantity demanded

Explanation:

Plz Mark Brainliest

A demand curve shows the relationship between price and quantity demanded.

What is the demand curve?

The demand curve is a downward sloping curve that shows the relationship between price and quantity demanded. The relationship between price and quantity demanded is negatively related. As price increases, the quantity demanded decreases and as price decreases, the quantity demanded increases.

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o d
Of the following, which is NOT in the socio-economic category of managed trade?
a. Embargoes
O b. Countertrade
.
O
O O O
c. Ethics and safety
5.
O
O d. Export cartels
7.
O
O e. The infant industry argument
8.
o
9.
a
10.
o
11.
о
12.
O
13.
оо
14.

Answers

Answer:

D.

Explanation:

Careers of the future are easy to predict.
False or true

Answers

Answer:

False

Explanation:

False

This is false because you don't know if there will be new careers developing within time and and new job opportunities are going to be available.

Nasdaq, the American Stock Exchange, and the OTC market collectively form the

Answers

Answer: Stock market

Collectively, the markets of Nasdaq, the American Stock Exchange, and the OTC market form the Stock Market.

What is the stock market?

This is a market where shares or stocks in different companies are sold amongst people.

There are various components in the stock market of the United States including Nasdaq, the American Stock Exchange and the OTC market.

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You were thrilled when your employer named you the new Southeast Asia manager and put you in charge of setting up the organization’s office there. But in only your second week at the new location, you encountered something unusual. A local government worker informed you that he would process your permit applications and other paperwork more quickly if you were willing to give him a cash payment, otherwise it may take up to 18 months to process them. Where you come from, that’s a bribe, which is both unethical and illegal. Your career is riding on this promotion, so what should you do?

Answers

Since your career is on the line, It is better you consult with your organization's ethics committee and act accordingly.

Bribery is simply known as an offence where an individual is offered or received of gifts or rewards. It can be in monetary or non monetary terms

Conclusively, Since my career and future is on the line, making a mistake of accepting of the bribe is never an option and also to avoid taking the wrong step, consulting the ethics committee will be the right thing to do.

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a market that operates outside the legal system, either by selling illegal goods or by selling goods at illegal prices is referred to in economics as a

Answers

Answer:

the answer is black market

what type of cost remains the same per unit at every level of activity?

Answers

Answer:

A variable cost

Explanation:

A variable cost remains the same per unit at every level of activity.

I hope this helps.

If Frica Morrison a machine operator at Stanley Foundry, makes $513.66 a week and has 33 in FIT withheld, how many allowances has she claimed?

A 0
B 1
C 2
D 3​

Answers

Using the Single's Person Weekly payroll distribution , the number of allowances claimed by Frica Morrison will be 3.

Given that :

Weekly pay = $513.66Federal income tax withheld = 33

From the payroll table, Frica's weekly pay falls inbetween $510 - $520 ; checking along the row, we can see from the table(attached) that Federal income tax withheld of $33 falls under the 3 allowances claimed.

This means that for Frica to have $33 withheld from his weekly pay of $513.66, then he must have claimed 3 allowances.

Therefore, the Number of allowances claimed by Frica Morrison is 3.

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Which statement describes the effect of inflation?

A. Inflation does not affect the value of an object.

B. Inflation does not affect the cost of an object.

C. Inflation increases the cost of an object or decreases the value of
an object.

D. Inflation decreases the cost of an object or increases the value of
an object

Is it C?

Answers

Inflation is a decrease in the purchasing power of money, ... As a currency loses value, prices rise and it buys fewer goods and services

The statement that best describes the situation and the effect of inflation is the option C). Inflation increases the cost of an object or decreases the value of an object.

What is the effect of the inflation?

Inflation refers to the general increase or rise in the prices of goods and services in an economy. It is the rate of increase in prices over a given period of time. It also lowers the values of pensions, savings, and Treasury notes.

Inflation played a very significant role in the development of any country as it effect it in both the negative and positive way. It raises the prices of both the goods and services, which lower down the purchasing power of the people.  

Basically, it can be said that the Inflation occurs when there is a broad increase in the prices of the goods and services.

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what is the opportunity cost of investing in capital?

Answers

Answer:

The opportunity cost of investing in capital is the loss of consumption that results from redirecting resources toward investment. Overinvestment in capital is possible because of diminishing marginal returns: As the stock of capital rises, the extra output produced from an additional unit of capital falls.

please give brainliest

to find the total bond value, add the present value of the amount paid at maturity to the _____ of the annual coupon payments.

Answers

Annuity present value.

Hope this helps!

What are payroll taxes levied on?
A.
a business's profits
B.
an individual's dividend income
C.
the wages or salaries of a company's employees
D.
the goods and services purchased by people
E.
a piece of land

Answers

Answer:

D

Explanation:

cus im like that

Payroll taxes are levied on the wages or salaries of a company's employees. Hence, Option (C) is correct.

Payroll taxes are typically withheld from an employee's paycheck by the employer and are used to fund various government programs and social benefits.

Payroll taxes serve as a means for governments to generate revenue that goes towards funding programs such as Social Security, Medicare, unemployment insurance, and other social welfare initiatives.

The specific rates and regulations surrounding payroll taxes can vary by country and jurisdiction.

The taxes are typically calculated as a percentage of an employee's income and are withheld directly from their paycheck, with the employer responsible for remitting the taxes to the appropriate government agency.

Thus, payroll taxes provide the necessary funding for government programs and social benefits.

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Advertising plans include: (select 3 that apply)
HELP ASAPSelect 3 correct answer(s)
developing a marketing strategy
evaluating the results of the advertising
determining the target market
setting an advertising budget
o discrediting the competition

Answers

Advertising plans include defining the target market, setting an advertising budget, and evaluating advertising results.

An advertising plan can be defined as a strategy used by companies to:

attract and retain consumers.

For this, it is necessary for the organization to define its target market, the necessary budget and the communication channels where its advertising will be shown.

It is also essential to monitor and evaluate advertising results to understand how advertising has impacted audiences and achieved expected results.

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Answer:B,C,D

Explanation:

Which of the following is an example of capital loss?

Answers

what are the options?

general mills has a variety of brands in its snacks category, including chex, nature valley, fiber one, and cascadian farm. this represents a

Answers

Answer:don't cheat in this class I will tell ur professor in Bemidji about u

Explanation:

at the end of 2021, koosharem corp. calculated and recorded $50,000 in depreciation on a building that it had purchased five years earlier. how will this depreciation affect koosharem’s 2021 financial statements?

Answers

The effect of depreciation  on koosharem’s 2021 financial statements is that it would lead to a decrease in the net income and a decrease in assets.

Depreciation is a method that is used to decrease the carrying value of an asset due to wear and tear.

There are different methods that can be used to determine the depreciation of an asset. They include:

The double-declining method The straight line deprecation methodThe unit of production depreciation method Sum of the years deprecation method.

Building is considered as an asset to the business. It is a type of fixed asset. The carrying value of the building on the balance sheet would be reduced by $50,000. Depreciation is an expense. This would lead to an expense of $50,000 which would reduce net income by the same amount.

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when would sunk costs be irrelevant for current decision making?

Answers

Sunk cost are always irrelevant when making current decisions.

Sunk cost is the cost that has already been incurred and cannot be recovered. Sunk cost should not be considered when making future economic decisions.

An example of sunk cost: A farmer buys a piece of land for $100,000. He plants on the land. Years later, the land becomes infertile. The farmer is considering selling the land. In this question, the cost of the land is sunk cost. The sunk cost is $100,000. The farmer should not consider this cost when determining if to sell the land or not.

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True or False? Language is symbolic.

Answers

Answer:

true

Explanation:

Answer: true

Explanation: correct on edge

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