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adell [148]
3 years ago
5

If it would be cheaper to give each steelworker $375,000 per year in cash than impose restrictions on steel imports, why do we h

ave the import restrictions rather than the cash payments
Business
1 answer:
Novosadov [1.4K]3 years ago
3 0

Answer:

To increase the profits of the steel manufacturing firms

Explanation:

import restrictions are placed by Government to help protect domestic industries from larger and stronger foreign industries. this restrictions can be in a form of Import quota or increased import tariffs.

The payment of Steel worker $375000 per year is economically cheaper than placing import restriction on steel imports  but this will lead to an increase in domestic competition in the production of steel hence the Already existing domestic steel industries will experience a decrease in profits. hence import restrictions is better for the survival of local steel industries.

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An array of firm resources includes interpersonal relations among managers in the firm, its culture, and its reputation with its
ZanzabumX [31]

Answer: social complexity

Explanation:

Social complexity simply relates to how the existence of human beings are being studied. The things that are studied include armed conflicts, marriage practices, emigration patterns, political movements, natural disasters, etc.

Therefore, array of firm resources includes interpersonal relations among managers in the firm, its culture, and its reputation with its customers and suppliers. Such competitive advantages are based upon social complexity.

6 0
3 years ago
Is the device most frequently used to talk to someone in another location.
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4 years ago
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Gargoyle Unlimited Gargoyle Unlimited is planning to issue a zero coupon bond to fund a project that will yield its first positi
asambeis [7]

Answer:

The answer is 6.72%

Explanation:

Calculating the imputed rate from a discount bond as follows:

( 1 + i  )^n = FV / PV  

( 1 + i )^3 = FV / PV,   here FV= 1000 and PV= 727.25

so putting values in equation we have:

( 1 +i )^3 = 1000 / 727.25  

( 1 + i )^3 = 1.375  

solving for i

( 1 + i) = 1.375^1/3  

( 1 + i ) = 1.112  

i = 0.112 before tax rate

0.112 * (1 - tax rate) = after tax interest rate

0.112 * .60 = 0.0672 = 6.72%

thus the expected after tax cost of this debt issue is 6.72%

5 0
3 years ago
If aggregate demand and aggregate supply both shift right, we can be sure that the price level is higher in the short run.
wel
The answer is true hope it helps

4 0
4 years ago
3. Odette has $50,000 in cash, two U.S. Treasury Bonds with a combined face value of $500, a home worth $100,000, and asset-rela
snow_lady [41]

Answer:

her current net worth is $75,500

Explanation:

The computation of the her current net worth is shown below:

As we know that

Net worth is

= Total assets - total liabilities

= ($50,000 + $500  + $100,000) - ($75,000)

= $150,500 - $75,000

= $75,500

Hence, her current net worth is $75,500

We simply deduct the liabilities from the asset to determine the net worth

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