Which of the Following Tools and Concepts Is Useful in the Analysis

question 235

Multiple Choice

Which of the following tools and concepts is useful in the analysis of international trade?

• A)total surplus
• B)domestic supply
• C)equilibrium price
• D)All of the above are correct.

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Definitions:

Minimum Acceptable

The lowest level or standard that will be considered satisfactory or acceptable.

Profit Margin

A financial metric indicating the percentage of revenue that remains as profit after all expenses are deducted.

DuPont Formula

A method of performance measurement that breaks down return on equity into three component parts.

Investment Turnover

A measure of a company's efficiency in using its invested capital to generate revenues, often calculated as sales divided by the average invested capital.