What role does competition play in international trade?

It results in higher prices.

It discourages imports.

It drives down prices for consumers.

It does away with the need for investment.

Ismail Construction enters into a contract to design and build a hospital. Ismail is responsible for the overall management of the project and identifies various goods and services to be provided, including engineering, site clearance, foundation,

Automated retailing: is most effective in high-traffic areas. promotes products through infomercials. uses a master distributor as lead salesperson. is based on the idea that social relationships influence buying habits.

Oil found in texas is an example of A. Human capital B. A capital resource C. A labor resource D. An entrepreneur

The accounts receivable turnover measures a. the number of days of accounts receivable outstanding b. the fair market value of accounts receivable c. the efficiency of the accounts payable function d.

two divisions: the Beta Division and the Alpha Division. The Beta Division has sales of $235,000, variable expenses of $132,600, a traceable fixed expenses of $63,800.

A supermarket places its store brand of blackberry jam priced at $5 per jar in the fruit preserves aisle, alongside the jam jars of a better known brand-whose products are priced at $8 apiece.

The goal of the biological (ergonomic) approach to job design is: a. to make the work simple so that anyone can be trained quickly and easily to perform it. b.

Perfect price discrimination describes a situation in which the monopolist a charges exactly two different prices to exactly two different groups of customers. b maximizes consumer surplus. c experiences a zero economic profit.

On August 1, Masters Company buys 2000 shares of ABD common stock for $72500 cash. On December 1, the stock investments are sold for $75000 in cash.

The net income earned by the cooper, cross, and crane partnership is $18,000. their respective average capital balances are $20,000, $20,000, and $40,000.