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Soloha48 [4]
3 years ago
14

If the domestic value added before an import tariff for a product is $500 and the domestic value added after the tariff is $550,

the effective rate of protection is
Business
1 answer:
stich3 [128]3 years ago
5 0

10%

550-500/ 550 *100

50/500= .1

.1 * 100 = 10%

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A ________ may be desirable as a market entry strategy if one company does not have the necessary financial, physical, or manage
makvit [3.9K]

Answer:

joint venture

Explanation:

A joint venture is basically a business entity set up by two other companies (or even more companies that associate with each other) to serve a specific market or accomplish a specific project or task, but the two parent companies continue to operate separately form each other. For example, in China the government used to require that foreign companies form joint ventures with local companies in order for them to start operating there.

6 0
3 years ago
A goal taking which of these lengths of time to achieve is most likely to be a
Deffense [45]

Answer:

5 years

Explanation:

5 years is long term hope this helps

5 0
3 years ago
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1. An expenditure for which the government receives no good, service, or resource in return.: An expenditure for which the gover
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Answer:

1)Transfer payment

2)Firm

3)Public good

4)Property right

5)Factor market

6)Household

7)Circular flow diagram

8)Product market

9)Regulation

10) factor payment

Explanation:

1)An expenditure for which the government receives no good, service, or resource in return.:

(Transfer payment)

. 2. A privately owned organization that produces goods and services and sells them to others.:

( Firm)

3. A good or service that can be consumed by many people at once and that other people can't be prevented from using.:

( public goods)

4. A legal claim of owners

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5. A market in which resources are exchanged for money.

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(Household)

7. Models the interactions between key players in the economy.:

(Circular flow diagram)

. 8. A market in which goods and services are exchanged for money.:

(Product market)

9. A rule of conduct passed by federal, state, or local governments.:

(Regulation)

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3 0
3 years ago
The Boot Department at the Omaha Department Store is being considered for closure. The following information relates to boot act
kykrilka [37]

Answer:

Yes, Omaha department store would be better off by $23000.

Explanation:

Given: Sales revenue= $350000.

           Cost of goods sold= $280000.

           Sales commission= $30000.

           Fixed operating cost= $90000.

Now, computing net profit or (loss)

Net profit/loss= \textrm{sales revenue - cost of goods sold- sales\ commission - Avoidable fixed\ operating\ costs}

∴ Net profit/loss= 350000-280000-30000-(90000\times 70\%)

⇒ Net profit/loss= 40000-(63000)= (\$ 23000)

∴ Net loss= \$ 23000

∴ Yes boot department should be closed, as Omaha department store is better off by $23000.

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