Suppose the following transactions occur during the current year:
1. darnell orders 40 cases of beer from a dutch distributor at a price of $40 per case.
2. a u. s. company sells 200 transistors to a spanish company at $15.00 per transistor.
3. jacques, a u. s. citizen, pays $1,100 for a computer he orders from dellosoft (a u. s. company).

Factors like the unemployment rate, the stock market, global trade, economic policy, and the economic situation of other countries have no influence on the financial status of individuals. question 1 options: true false

In command economy, who makes production decisions? a. workers b. producers c. consumers d. the government

Leading guitar string producer wound up inc. has enjoyed a competitive advantage based on its proprietary coating that gives its strings a clearer sound and longer lifespan than uncoated strings. one of wound up's competitors, however, has recently developed a similar coating using less expensive ingredients, which allows it to charge a lower price than wound up for similar-quality strings. wound up's competitive advantage is in danger due to a. a lack of perceived value b. a lack of organization c. direct imitation and substitution d. resource immobility