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2 years ago

Match each action to their correct definitions.

Business

1 answer:

jolli1 [7]2 years ago

3 0

A Tariff basically means any type of tax imposed on an imported goods.

<h3 /><h3>What is a tariff?</h3>

It means any duty imposed on class of imports or exports which are used as source of revenue known as taxation for the government.

<h3>What is a Subsidy?</h3>

This refers to the money given by government to local companies to reduce their costs and to keep prices low

<h3>What is a Quota?</h3>

This refers to the trade restriction that limits the number or monetary value of goods that a country can import or export

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the main objective of _____ is to avoid problems or to identify them as soon as possible.

Nezavi [6.7K]

<span>The main objective of quality assurance is to avoid problems or to identify them as soon as possible. Quality assurance is making sure that a product or service maintains a set level of faulty. If more attention needs to be put on the processes to make sure that the quality stays, that's okay, but it needs to be maintained. QA is a shortened version of quality assurance and many company's have a QA team set in place so that mistakes and defects are prevented. </span>

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3 years ago

According to economists, natural resources, labor, capital, and entrepreneurship are called

Cloud [144]

It is called Factors of production. It is a financial term that depicts the data sources that are utilized as a part of the creation of merchandise or administrations keeping in mind the end goal to make a monetary benefit. The variables of creation incorporate land, work, capital, and business enterprise.

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3 years ago

Suppose for a given consumer the marginal utility (MU) of a pizza is 100 utils and the MU of a hamburger is 80 utils, and that t

NemiM [27]

Answer:

<u>is not</u> , <u>consume more of hamburgers</u>

Explanation:

A consumer is said to have achieved equilibrium when within his budget constraint, he purchases that combination of two goods which yield maximum satisfaction to him.

The equation for consumer equilibrium for two products is given by

$\frac{MU_{x} }{P_{x} } = \frac{MU_{y} }{P_{y} }$

In the given case, $\frac{MU_{x} }{P_{x} }$ = $\frac{100}{15}$ = $\frac{20}{3}$ = 6.666

$\frac{MU_{y} }{P_{y} }$ = $\frac{80}{10}$ = 8

wherein, x= pizza

y= hamburger

As is evident, the marginal utility per dollar spent is greater in case of a hamburger, the consumer is not in a state of equilibrium.

Thus, he should consume more units of Hamburgers in order to maximize his utility.

3 0

3 years ago

A common size analysis requires the representation of financial statement data relative to a single financial statement item (or

MArishka [77]

Answer:

The correct answer is letter "C": Total assets.

Explanation:

Total assets represent the total amount of assets that an individual or entity possesses to obtain a return from them. In accounting, it is obtained by subtracting the previous period total assets minus the current period total assets. They appear in the Balance Sheet of a company and is the baseline or common base item to which other line items are expressed.

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3 years ago

If a customer credit score is within 2 points of the minimum of what the business will accept, should the business extend credit

Eduardwww [97]

Answer:

Explanation:

I wouldn't.

The business has drawn a rigid line in the sand. It has to maintain its standard. I might try and make a deal with the customer. "Come up with x% for a down payment."

If the score is high (like over 750), I would likely stretch my standard. 750 is a pretty high score and if you have that kind of a number, you know how to pay things back.

5 0

3 years ago