Suppose there is a decrease in the U.S. selling price of Japanese-made cars (a substitute for American-made cars). At the same time, the price of steel, used to make American-made cars decreases. What would we expect would happen in the market for American-made cars

Answers

Answer 1

If the price of the steel used to produce steel falls, it would cause the price of American cars to fall.

How does the price of resources affect demand?

The price of a resource used in the production of goods can have a huge effect on the price.

If the price of steel is high, it would make the price of cars to be on the increase hence reducing the demand for the product in the market.

Read more on demand here:

https://brainly.com/question/1288364

#SPJ1


Related Questions

Based on this scenario,Do you want to change any of your business strategy.

Answers

Answer:

Yes , You can change your location.

Labor costs charged to manufacturing overhead represent ______ labor costs.

Answers

The indirect labour cost is shown when labour expenditures are applied to the manufacturing overhead account.

What are the types of overheads?

Overhead expenses include things like accounting fees, advertising, insurance, interest, legal charges, labor costs, rent, maintenance, supplies, taxes, phone bills, travel expenses, and utilities.

Business overheads may be divided into two categories:

administrative and manufacturing.

Thus in the above statement, when labour costs are added to the manufacturing cost it gives rise to indirect cost

Learn more about Cost overheads:

brainly.com/question/13384595

#SPJ1

Putting criticisms or complaints on a professional e-mail will make a person look like a _______ and someone an employer would not like to hire.

Answers

Answer:

Putting criticisms or complaints on a professional e-mail will make a person look like a troublemaker and someone an employer would not like to hire.

If a client has lump sum amounts at his or her disposal, or is ready to pay into a savings plan to accumulate that lump sum, an agent would recommend _________ annuity.

Answers

When client has lump sum amounts at his or her disposal, or is ready to pay into a savings plan to accumulate that lump sum, an agent would recommend variable annuity.

What is a variable annuity?

It should be noted that a variable annuity simply means a contract between an individual and an insurance company where the insurer makes periodic payments.

In this case, when client has lump sum amounts at his or her disposal, or is ready to pay into a savings plan to accumulate that lump sum, an agent would recommend variable annuity.

Learn more about annuity on:

brainly.com/question/5303391

#SPJ1

Suppose a manufacturer produces soccer balls and footballs. If the cost of producing a soccer ball decreases, the opportunity cost of producing:

Answers

Suppose a manufacturer produces soccer balls and footballs. If the cost of producing a soccer ball decreases, the opportunity cost of producing increase

What is opportunity cost?

Opportunity Cost of a product is the amount of money or benefits that is lost when a particular products is not used again.

The product is left for another alternative that is better.

Therefore, Suppose a manufacturer produces soccer balls and footballs. If the cost of producing a soccer ball decreases, the opportunity cost of producing increase

Learn more on opportunity cost below,

https://brainly.com/question/1549591

#SPJ1

Milo Millworks Incorporated has maintained a sustainable competitive advantage for its framing style. In order to accomplish this, the framing style must be

Answers

In order to accomplish this, the framing style must be difficult to substitute for.

What is Competitive advantage?

Competitive advantage can be defined as the way in which a company produce or manufacture more goods or product and sell those goods produce at lesser rate so as to  increase their sales than that of  their market competitors.

Based on the scenario in order for Milo Millworks to accomplish the competitive advantage  for their framing style, the framing style must be difficult to substitute for.

Therefore the framing style must be difficult to substitute for.

Learn more about Competitive advantage here:https://brainly.com/question/26514848

#SPJ1

A bank receives a demand deposit of $10,000. The bank is now in a position to extend additional loans of $8,000. What is the legal reserve requirement

Answers

If the bank is now in a position to extend additional loans of $8,000. The legal reserve requirement is: 20 percent.

Legal reserve requirement

Using this formula

Legal reserve requirement=( Demand deposit -Additional loans/Demand deposit

Let plug in the formula

legal reserve requirement=($10,000-$8,000)/$10,000

Legal reserve requirement=$2,000/$10,000×100

legal reserve requirement=20%

Therefore the legal reserve requirement is: 20 percent.

Learn more about legal reserve requirement here:https://brainly.com/question/14177894

#SPJ1

Question 8 of 10
What is the best strategy when considering a financial aid package?
A. Consider grants as a last resort.
B. Attend the most expensive school, regardless of aid.
C. Settle on the school that is least costly, even if you don't really
want to attend.
D. Consider private loans as a last resort.

Answers

The best strategy when considering a financial aid package is to Consider grants as a last resort.

What is a financial aid package?

This is the aid that is provided to the people of the United States as an aid that would help them in their education.

The financial aid helps to take care of the tuition of the students who have issues with finance.

Read more on financial aid here:

https://brainly.com/question/26499492

#SPJ1

Answer:

D.

Explanation:

just took it


Which method for calculating a credit card balance does not take into
account the purchases made during the current billing cycle but does take
into account the payments made during the current billing cycle?

Answers

The method for calculating a credit card balance does not take into account the purchases made during the current billing cycle is known as the adjusted balance method.

What is a billing cycle?

It should be noted that a billing cycle simply means the interval from the end of a billing period to another.

In this case, the method for calculating a credit card balance does not take into account the purchases made during the current billing cycle is known as the adjusted balance method.

Learn more about bills on:

brainly.com/question/24719924

#SPJ1

Answer:

previous balance method

Explanation:

yw

From which organization can you request free information about your credit score?

the office of the comptroller
equifax
the federal insurance corporation
fico

Answers

The organization from which one can request free information about one's credit score is Equifax. Hence, option B. Equifax is correct. Read below on where to get free information on one's credit score.

Where can one get free information about one's credit score?

One is provisioned to a free credit information every 12 months from each of the three major consumer reporting companies which are: Equifax, Experian and TransUnion. Hence, the answer (option B) chosen.

Therefore, the correct answer from above is option B. Equifax.

learn more about Equifax: https://brainly.com/question/1548980

#SPJ1

Answer:

The correct answer is B. Equifax

Explanation:

In your lesson from FLVS, it states that the three recording agencies are: TransUnion, Equifax and Experian.

Equifax is in the answer choice and the other two are not, so Equifax is correct.

Your friend is developing a marketing plan for her new business. What should she put in this plan?

Answers

My friend's marketing plan should be:

Where she wants to sell her product.Description of the people in her target market.

What is marketing plan?

These are plans a business devise to sell or advertise its products. The purpose of the plan is to help identify the target market and how best to reach them.

Hence,  she should put in these her plan; where she wants to sell her product and a description of the people in her target market.

Learn more about marketing plan here: https://brainly.com/question/9027729

#SPJ1

How should the government respond to housing prices going up?


explain why this policy would be the best solution using sowell's three questions.


why is your proposed solution the best response to this issue?

what is the cost of your proposed solution?

is there evidence (statistics or statements from experts) from a credible source that shows your proposed solution would work?

Answers

Th way Government can help to curb the rising of the housing prices is to provide subsidy to some of the households, especially those with low-income.

What is subsidy?

A subsidy serves as an aid from the government that help to relieve people in one way or the other.

Conclusively, with this subsidy, those household that earn very low income can be able to meet up because the actual price that is been put on the housing would be reduced.

Learn more about

https://brainly.com/question/26025523

#SPJ4

.

When starting a small business, government agencies such as the Small Business Administration (SBA), the Farmers Home Administration, the Economic Development Authority, and the Minority Business Development Agency are possible sources of: Multiple select question. customers information interest free loans capital

Answers

The government agencies like SBA and farmers' home administration are possible sources of capital. Thus the correct answer is D.

What is capital?

Capital refers to the total amount of capital assets required to generate goods or services in a business. This amount can be used to start a business, manage daily operations of the business, or grow and extend it.

These institutions the Small Business Administration (SBA), the Farmers Home Administration, the Economic Development Authority, and the Minority Business Development Agency help to provide small businesses with financial assistance in terms of capital and loans and provide training to manage things in the business.

Therefore, option D capital is the correct answer.

Learn more about capital, here:

https://brainly.com/question/14545977

#SPJ1

PLEASE HELP ME!! please, please,, please explain how you got it, thank you

Answers

Answer:

I think the second one.

1/10 cookies per pizza

Interview a business owner on this crisis experienced in the workplace

Answers

There are several crises experienced by employees during recent pandemic. So, in an interview with a business owner regarding the crisis experienced, one can ask about how can businesses deliver better outcomes in times of a crisis.

What is an interview?

An interview is a meeting or a formal consultation at which information is obtained (as by a reporter, television commentator, or pollster) from a person.

It is a conversation in which you and an employer exchange information. The main features of the interview are conducted in the form of conversation, which is shaped by certain guidelines and questions between the researcher and the respondent. It is used in surveys and participant observation methods.

Learn more about interview here,

https://brainly.com/question/15128068

#SPJ1

Your task is to take this and construct a graphical representation of the data. In doing so, you determine that as the price of soda rises, the quantity of soda supplied increases. This confirms the .

Answers

Your task on constructing the supply and price of soda confirms the Law of Demand.

What does the law of demand state?

The law of demand posits that for normal goods, the quantity demanded will decrease if the price increases. And vice versa.

This was why the quantity demanded for soda decreased as the prices increased.

Find out more on the law of demand at https://brainly.com/question/24500422.

#SPJ1

What is one of the main reasons why businesses need to keep accurate accounting records?.

Answers

Businesses need to keep accurate accounting records so as to know if they are acheiving their financial goals.

What are Accounting records?

Accounting records can be regarded as those documentation that help to display the financial performance of a company.

Therefore, it is easy to keep track of ones goals financially with Accounting records.

Learn more about Accounting records at;

https://brainly.com/question/26282268

#SPJ3

Logan's Roadhouse has become popular with a variety of people. It recently identified a primary customer segment in Millennials. To win over this demographic group, traditional media is less authentic in the perception of Millennials; therefore, Logan's Roadhouse does not use traditional media, and its marketing and promotion focus on maintaining a large online and social media presence. Here Logan's is likely to use _______.

Answers

If  he does not use traditional media. Here Logan's is likely to use concentrated targeting.

What is concentrated targeting?

Concentrated targeting can be defined as a marketing strategy in which a sales promotion or brand promotion is targeted, concentrated or focus at a specific audience.

Most companies  business owner tend to make use of concentrated targeting so as to cost effectiveness.

Therefore Logan's is likely to use concentrated targeting.

Learn more about Concentrated targeting here:https://brainly.com/question/14299097

#SPJ1

Diners are served in a process with two resources. The first resource has a capacity of 1.1 diners per hour. The capacity of the second resource is 1.5 diners per hour. Demand for this process is 0.9 diners per hour.Instruction: Round your answer to three decimal places. What is the cycle time of this process (in minutes)

Answers

The cycle time of this process for the firm is 2.89.

What is a Cycle Time?

This refers to the average time between the start of production of one unit and the start of production of the next unit of production

Cycle Time = Net time available to work / Customer demand

Cycle Time = 1.1 + 1.5 / 0.9

Cycle Time = 2.88888888889

Cycle Time = 2.89.

Therefore, the cycle time of this process for the firm is 2.89.

Read more about cycle time

brainly.com/question/18802868

#SPJ1

4. if you have two children, ages 2 and 4, how much should you record in step 3 of the form? (3 points)

Answers

Based on the information provided, you should record two (2) dependents in Step 3 of the W-4 form.

What is a W-4 form?

A W-4 form simply refers to an internal revenue service (IRS) tax form which is used in the United States of America, so as to indicate the correct federal income tax that should be withheld from an employee's paycheck.

In Step 3 of the W-4 form, an employee is expected to indicate whether or not he or she has dependents. Thus, an employee would write (record) the number of dependents he or she has in Step 3 of the W-4 form.

In this scenario, we can logically conclude that you should record two (2) dependents in Step 3 of the W-4 form because you've two (2) children, aged 2 and 4.

Read more on W-4 form here: https://brainly.com/question/15507745

#SPJ1

professionals who take onwership of their mistakes are said to have: A: a work ethic B: integrity C:dishonesty D:ingenuity

Answers

the correct answer is B. integrity

Match each online banking security practice with the PCI security requirement that mandates it.
vulnerability management program
credit card data protection
strong access controls
secure network
encrypting transfer of card data
installing a firewall
installing antivirus software
assigning unique IDs and user names

Answers

The correct matches are as follows:- encrypting transfer of card data ⇒ strong access controls, credit card data protection installing a firewall, installing antivirus software⇒ vulnerability management program, Assigning unique IDs and user names secure network.

What do you mean by the PCI security?

PCI stands for the Payment Card Industry security that deals with the credit card from the major credit card schemes.

PCI DSS refers to the Payment Card Industry Data Security Standard, that sets the standards for all those companies, which are dealing with the credit card information.

PCI DSS ensures the safe environment to maintain the security for the stores, process and transmit the data for the credit card.

Learn more about the PCI security here:-

https://brainly.com/question/14471342

#SPJ1

Answer:

Plato Gang Rise :)

Explanation:

Managing a small business became relatively easy with the advent of inexpensive personal computers. Inexpensive computer systems and off-the-shelf or even free, open-source software make it easy for the small business manager to: Multiple select question. lengthen their daily working hours follow the daily sales and expenses travel to other area businesses manage customer records

Answers

The inexpensive computer systems helps the business manager to follow the daily sales and expenses and manage customer records.

What is a computer system?

The compilation of pieces of hardware and softwares by connecting them together to create a network of computer in order to perform certain functions is known as a computer system.

Hence, options B and D hold true regarding computer system.

Learn more about computer system here:

https://brainly.com/question/14253652

#SPJ1

A dollar today is worth Blank______ a dollar in the future because it can be reinvested. Multiple choice question. the same as more than less than

Answers

Answer:

A dollar tomorrow is worth less than a dollar today, because if you invest the dollar you have today, you'll have more than a dollar tomorrow.

Assume that Widgets, Inc. uses a perpetual specific identification inventory system. During the period, it sold 4 units from beginning inventory, 8 units from the Jan. 5 purchase, and 2 units from the Jan. 29 purchases. Calculate the dollar value of its cost of goods sold for the period.

Answers

Based on the inventory system being used and the sales and purchases during the period, the dollar value of the cost of goods sold is $204.

What is the dollar value of the cost of goods sold?

The cost of goods sold is:

= Beginning inventory + Purchase on Jan.5 + Purchase on Jan 29

Solving gives:

= (4 x 12 per unit) + (8 x 15 per unit) + (2 x 18 per unit)

= 48 + 120 + 36

= $204

Find out more on the specific identification inventory system at https://brainly.com/question/15082332.

#SPJ1

The impetus that pushes consumers to satisfy their unmet needs, such as having no laundry detergent to do the wash, is a(n) Blank______.

Answers

The impetus that pushes consumers to satisfy their unmet needs, such as having no laundry detergent to do the wash, is a motive.

What is a Motivation?

This refers to the internal or external drive that makes a person to do something, in hopes of a reward or to escape punishment.

Hence, we can see that based on the drive that is inherent in humans to accomplish a task, this leads them to satisfy their unmet needs and this is known as a motive.

Read more about intrinsic motivation here:

https://brainly.com/question/15542056

#SPJ1

Choose those characteristics that best describe a command system. Multiple select question. The division of output between capital and consumer goods is decided by market forces. A central planning board makes all economic decisions concerning resources. The government owns most property resources. Firms produce according to the demands of consumers.

Answers

A central planning board makes all economic decisions concerning resources and. The government owns most property, resources are the characteristics that best describe a command system.

What is command system?

Command system is the economic system where government  has a special and major role. That detects the economic with the real world problem like the coordination problem, moral problem, hazardous problem and others.

Thus, option B and C are correct.

For more details about command system, click here:

https://brainly.com/question/14655086

#SPJ1

The goals of labor unions differ from those of management because employers want more profits and labor wants: Multiple choice question. higher prices for goods investment in new machinery increased technology better pay and working conditions

Answers

The goals of labor are such that they want better pay and working conditions.

The ultimate goal of workers/labor

A business is in operation to make a profit, likewise, labor or workers work to the end of being paid for the services rendered.

In addition to good pay, labor also requires good perks like health cover, safe and secure work conditions, and the environment.

Learn more about Labour here:

https://brainly.com/question/98074

#SPJ1

Why do promises make a difference in people ives

Answers

Answer:

It gives people hope and trust in that person. Promiss are a mere social construct however they add that bit of extra trust to the mix

Which of the following types of business is most likely to use the subscription
business model?
A. Clothing companies.
B. Newspapers.
C. Furniture sellers.
D. Retail stores.

Answers

Answer:

B. newspapers

Explanation:

For adequate management of Newspaper sales and to avoid overproduction and underproduction, newspaper producers often use subscription methods to make sales. The subscription methods ensure the inflow of cash and customers getting their newspapers as at when due.

Newspapers of the following types of businesses are most likely to use the subscription business model. The correct option is B.

Industries that offer clients ongoing services or information frequently adopt the subscription business model. Newspapers in this instance offer subscribers consistent and ongoing material updates.

The newspaper's articles and news stories are only accessible to subscribers who pay a regular charge. Other content-based sectors, like publications, streaming services, and internet platforms that frequently provide access to unique content, all adopt this approach.

Thus, the ideal selection is option B.

Learn more about Business Models here:

https://brainly.com/question/34089417

#SPJ3

Other Questions
Please help me and please dont answer if you dont know pleaseee!!!! There are 12 teams, each representing a different country, in a womens olympic basketball tournament. in how many ways is it possible for the gold, silver, and bronze medals to be awarded? use the formula for permutations to find your answer. 220 440 1,320 1,728 Please:))) explain in one way how the domino theory affected asia between 1960-1990. explain in one other way how the domino theory affected asia between 1960-1990. explain in one way how asia was not affected by the domino theory. Part 3 - Discussion/Explanation QuestionIn what ways can vertical, horizontal, and oblique asymptotes be identified? Use a mathematical example toexplain the ways. Give me 3 deatils you see in New york Which of the following polynomial functions is graphed below?-70605020-10O A. f(x) = (x + 5)(x 1)2(x+1)B. f(x) = (x - 5)(x-1)(x - 1)OC. f(x) = (x+2)(x-3)(x+4)D. f(x)=(x-2)(x-3)(x-4)-10--20-30--4010 4Which of the following is an example of an energy storage molecule?(1 Point)WaterSaltSugarUranium Question 11 of 22Read the following claim:A flat tax will ensure that all Americans contributes theirfair share, whether they make a little or a lot of income.Which of these would provide the strongest counterclaim?OA. A flat tax means that everyone pays the same percentage, nomatter how much taxable income they earn.OB. Any major change to the tax code, such as instituting a flat tax, willassuredly lead to endless red tape and confusion.OC. Citizens are already taxed too much and, therefore, all taxesshould be eliminated.D. The flat tax is unfairly oppressive to the poor, who spend a largerpercentage of their income on necessities. 4. The author implies that a brick symbolizes a sentence and a brick building symbolizes a composition. Relate the author's comparison to one of the comparisons belowA.seaweed and the seaB.wood carving and woodC.a puzzle piece and a puzzleD. a planet and the solar system Subtract the additive inverse of 5/8 from the multiplicative identity. When delegating a task, it is important to _______. a. give away the most difficult things on your task list b. go over everything quickly and return to your own work c. keep the responsibility for getting the tasks done d. report everything that is expected of the person please select the best answer from the choices provided a b c d Which of the following terms is defined as political information provided under the pretense that it is neutral? A.FramingB. Political socialization C. Covert information D. Overt information If the effective annual yield on a bond is equal to the bonds coupon rate, the bond will have a market value that isSelect one:a. below the principal value of the bond.b. equal to the principal value of the bond.c. Either A or B may be true.d. above the principal value of the bond. .Find the distance between the two points(3, 5) and (4, 6) to the nearest tenth. An electron and a proton have charges of an equal magnitude but opposite sign of 1.60 10-19 C. If the electron and proton in a hydrogen atom are separated by a distance of 2.00 10-11 m, what are the magnitude and direction of the electrostatic force exerted on the electron by the proton 4. Explain two strategies for writing effectively to a reader you don't know. Which expression is equivalent A model train running on an inclined track is part of a closed system that has316 J of mechanical energy. If the kinetic energy of the train decreases from314 J to 250 J, what happens to the gravitational potential energy of thesystem?A. It decreases from 66 J to 2 J.B. It decreases from 316 J to 314 J.SMITOC. It increases from 2 J to 66 J.D. It increases from 316 J-to 564 J. Listen and choose the activity that goes with the description. preparing an itinerary. packing for a trip. getting ready to book a trip. on vacation at the beach Which statement best compares savings accounts and money market accounts?OA. A regular savings account has fewer restrictions on withdrawals than a money market accountbut at a lower interest rate.OB. A regular savings account has fewer restrictions on withdrawals than a money market accountbut at a higher interest rate.C. A money market account has fewer restrictions on withdrawals than a regular savings accountbut at a lower interest rate.OD. A money market account allows for more withdrawals than a regular savings account but at ahigher interest rate.