The world price of a ton of steel is $1000. Before Russia allowed trade in steel, the price of a ton of steel there was $650. Once Russia allowed trade in steel with other countries, Russia begana. exporting steel and the price per ton in Russian remained at $650b. exporting steel and the price per ton increased to $1000. c. importing steel and the price per ton in Russia remained at $650d. importing steel and the price per ton in Russia increased to $1000.
Answers (1)
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “The world price of a ton of steel is $1000. Before Russia allowed trade in steel, the price of a ton of steel there was $650. Once Russia ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers
You Might be Interested in
What does market analysis include
Answers (1)
Official unemployment statistics Multiple Choice 1. include cyclical and structural unemployment but not frictional unemployment. 2. overstate unemployment because workers who are involuntarily working part time are counted as being employed. 3.
Answers (1)
What exists because of scarcity
Answers (1)
To generate higher profits, producers must work to increase their total supply. increase their total expenses. decrease their customer base. decrease their production costs.
Answers (2)
Spending $1,500 more today for a hybrid engine rather than a conventional gasoline engine will result in annual fuel savings of $300.
Answers (1)
New Questions in Business
Solemon Company has total fixed cost of $15,000, variable cost per unit of $6, and a price of $8. If Solemon wants to earn a targeted profit of $3,600, how many units must be sold?
Answers (1)
Using the following information, what is the amount of net income? Purchases $ 33,189 Selling expenses $ 758 Merchandise inventory, September 1 7,436 Merchandise inventory, September 30 8,978 Administrative expenses 760 Sales 51,684 Rent revenue 832
Answers (1)
You are managing a project and need to cut the cost of the project. You decide to transfer workers to another job to cut the project's costs. Costs associated with transferring the workers are an example of project indirect costs. O True O False
Answers (1)
K Inc. has provided the following data for the month of May: Inventories: Beginning Ending Work in process $ 17,000 $ 12,000 Finished goods $ 46,000 $ 50,000 Additional information: Direct materials $ 57,000 Direct labor cost $ 87,000 Manufacturing
Answers (1)
Marcy Tucker received the following items this year. Determine to what extent each item is included in her AGI. (Leave no cells blank - be sure to enter "0" wherever required.) A $25,000 cash gift from her parents.
Answers (1)