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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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Answer: the question is: How do you measure whether both the policy and the right processes were followed?

Explanation:

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4 years ago
Read 2 more answers
120 minus multiplied by 4/4​
Vsevolod [243]

Answer:

117

Explanation:

Please mark brainliest and have a great day!

5 0
3 years ago
Chavoy Corporation was organized on July 1. The company's charter authorizes 100,000 shares of $10 par value common stock. On Au
kolbaska11 [484]

Answer:

August 1

Dr Legal Expense $9,600

Cr Common stock $8,000

Cr Paid Capital $1,600

August 15

Dr Cash $78,000

Cr Common stock $50,000

Cr Paid in Capital $28,000

October 15

Dr Land $51,000

Cr Common stock $30,000

Cr Paid in Capital $21,000

Explanation:

Preparation of the journal entries to record the stock issuances on August 1, August 15, and October 15.

August 1

Dr Legal Expense $9,600

Cr Common stock $8,000

(800 shares*$10 par value)

Cr Paid Capital $1,600

($9,600-$8,000)

(To record stock issuances)

August 15

Dr Cash $78,000

Cr Common stock $50,000

(5,000shares*$10 par value)

Cr Paid in Capital $28,000

($78,000-$50,000)

(To record stock issuances)

October 15

Dr Land $51,000

Cr Common stock $30,000

(3,000shares*$10 par value)

Cr Paid in Capital $21,000

($51,000-$30,000)

(To record stock issuances)

3 0
3 years ago
Tara's company has launched a new style of lightweight running shoe. The company recently received some bad publicity. Tara is p
pogonyaev

Incomplete question. The remaining part reads;

<u>Identify the sales promotion technique based on the given scenario.</u>

Answer:

<u>Loyalty Points to Customers.</u>

Explanation:

An important sales promotion technique that fits well into this technique is the sales promotion technique. This technique involves providing some incentives that motivate your aggrieved customers to reconsider coming back to you.

For example, Tara could offer her customers loyalty points which they can redeem as discounts for every pair of the new style of lightweight running shoe. By so doing, she may be able to regain the trust of her customers.

6 0
3 years ago
I want to have a college fund for my daughter. She is 5, so I have 13 years to achieve my goal of $50,000. The bank says I can e
Tju [1.3M]

Answer:

$2960 yearly savings

Explanation:

From the values given and from mathematical manipulation, he or she needs a contribution of at least $2900 every year in order to achieve his goal of $50,000.

                     EXPLANATION

  • If the child is 5yr old now, in 13years time, she will be 18yr old.
  • $2950 target yearly

  • for the next 13years, it would have amount to $38350

  • remember the bank will give an annual interest rate of 2%
  • so for 13years, that's 26% = 0.26

  • In the 13th year, he would have saved $38350, add the 26% interest for the duration of 13years = 26% x $38350 + $38350 = $48321

  • His savings will fall between $2950 - $2960 yearly.

3 0
3 years ago
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