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1 year ago

Why do countries sometimes restrict trade ?

1 answer:

8 0

In an attempt to protect domestic workers and firms from competition from global businesses, trade restrictions are frequently put in place.

Trade restrictions are often implemented in an effort to shield domestic businesses and workers from competition from foreign businesses.

Restricting the importation of products and services made in other nations is known as a protectionist policy.

To protect domestic markets from international competition, many nations impose import restrictions. Protectionism is the term for such actions.

Countries primarily do this to appease domestic political pressures. Trade barriers come in a variety of forms.

Tariffs, quotas, sanctions, and embargoes are frequently used by nations to impede commerce. Trade restrictions can safeguard domestic industries, preserve jobs, provide income for a government, and aid a nation in achieving its political or social objectives.

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When a restaurant prices pizza at $10 per slice they sell 100 slices in a night. If they sell pizza for $5 per slice, they sell

Helga [31]

slope of this demand curve for pizza = <u>-1/40</u>

<h3>Briefly explained</h3>

Slope = changes in y/ changes in x

The shop sells 200 more pizzas if the price drops by $5 ($10 to $5). (100 to 300 pizzas) A good's quantity is always on the x-axis and its price is always on the y-axis. According to our justification, the cost is REDUCED by $5 (a reduction of -$5) and the quantity of pizzas sold rises by 200. The slope is therefore <u>-5/200 or -1/40.</u>

<h3>What is demand curve?</h3>

The demand curve is a graphical depiction of the connection between the cost of a commodity or service and the quantity required over a specific time period.

The price will often be shown on the left vertical axis in a representation, and the amount needed will typically be shown on the horizontal axis.

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5 0

2 years ago

On January 1, Year 1, Turner Company borrowed $58,000 from Lessing Inc. and signed a three-year installment note to be paid in t

Rashid [163]

Answer:

Per year installment shall be $22,101

Explanation:

By using annuity formula we have

P=$58,000

Annuity Factor=2.62432

P=Installment*2.62432

$58,000=Installment*2.62432

Installment=$58,000/2.6243

Installment per year=$22,101

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3 years ago

What are some things you do NOT include in a personal property inventory?

bija089 [108]

Answer:

your house car etc. things like that

Explanation:

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3 years ago

Company sales reports are often utilized as part of a company’s marketing research activities and can provide insight about whic

Alex787 [66]

Answer:

The answer is: C) internal secondary

Explanation:

Internal secondary data is data that was collected by other members of your organization (through different activities) and is stored inside the organization. In this case the sales reports (completed by the sales department) are used by a different department in the company (marketing).

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4 years ago

Dozier Company produced and sold 1,000 units during its first month of operations. It reported the following costs and expenses

Airida [17]

Answer:

Explanation:

Hi, I have attached the full question as images below

Total Product Cost = ($70,000 + $35,500 + $43,700) ÷ 1,000 = $149.20

Total Period Cost = $30,600 + $29,300 = $59,900

Total Direct Manufacturing Cost = $70,000 + $35,500 + $15,400 = $120,900

Total Indirect Manufacturing Cost = $28,300

Total Manufacturing Cost = $70,000 + $35,500 + $43,700 = $149,200

Total Non Manufacturing Cost = $30,600 + $29,300 = $59,900

Total Conversion Cost = $35,500 + $43,700 = $79,200

Total Prime Cost = $70,000 + $35,500 = $105,500

Total Variable Manufacturing Cost = $70,000 + $35,500 + $15,400 = $120,000

Total Fixed Costs = $25,200 + $18,400 + $28,300 = $71,900

Variable Cost per unit = ($70,000 + $35,500 + $15,400 + $12,200 + $4,100) ÷ 1000 = $137.20

Incremental manufacturing cost = ($70,000 + $35,500 + $15,400) ÷ 1,000 = $120.90

5 0

3 years ago