Based on the options given, the most likely answer to this query is A. Add information systems.. It would be much more efficient if the business uses informations system to automate its functions Thank you for your question. Please don't hesitate to ask in Brainly your queries.
Answer:
c. the trade balance and the exchange rate.
Explanation:
An Open Economy is an economy that allows the free inflow and outflow of goods, services, capital and people. The opposite of a closed economy.
What sets these two models apart is that in an open economy, both imports and exports are allowed, so that countries necessarily have to trade in more than one currency, so the exchange rate must be examined. In addition, business transactions are recorded in a balance of payments. So these are the two concepts that are not tried in a closed economy analysis, but are introduced in an open economy.
Answer:
The correct answer is A.
Explanation:
Giving the following information:
July 1: Beginning Inventory 31 units at $16 $496
July 7: Purchases 109 units at $16 $1744
July 22: Purchases 16 units at $17 $272
A physical count of merchandise inventory on July 30 reveals that there are 39 units on hand.
FIFO (first-in, first-out)
Units sold= (31 + 109 + 16) - 39= 117
COGS= 31*16 + 86*16= $1,872
Answer:
THERE ARE SCARCITY EVEN IN AN AFFLUENT COUNTRY LIKE THE UNITED STATES BECAUSE WANTS ARE LIMITED BUT NEEDS ARE UNLIMITED. SOME PEOPLE ARE POOR WHILE OTHERS ARE WEALTHY