B, you don’t have enough profit
Answer:
The correct answer is : False
Explanation:
The participation in local production might repress the growth of imports in a market for goods made of different types. The domestic demand constitutes a great proportion or potential import suppliers. The domestic industry may influence its reaction to import competition, the prevalence of multinational enterprises (MNEs) is important.
Answer:
Bev's markup per mat in dollar is 20$
Bev's markup per mat in percentage is 50%
i think
Explanation:
Answer:
d. horizontally summing individual supply curves.
Explanation:
Each firm will have its own supply curve depicting the relationship between the price and the quantity of goods it is willing to produce at that given price. The market supply curve is obtained by aggregating the different firm supply curves i.e. the total quantity suppliers are willing to produce when the product is sold for a given price.
Based on the above, option d is the correct answer.
Answer:
Uneven distribution of natural resources often leads to countries trading with one another, explain how
In ancient times, trade by barter was first employed for trading as a result of uneven distribution of natural resources which calls for need for transacting with other countries. It has greatly benefited countries in such a way that it strengthens the tie between them and make wealth to be well distributed as the country with least natural resources still has something to sell to those with many. e.g Crude oil from Nigeria to other part of the world has made it easier for Nigeria and this still remains their major natural resources used in international trade for money and it has helped to boost their economy since oil was detected.
Explanation:
