According to the graph A + B + C + D + E + F + G it represent the amount of consumer surplus domestic consumers will enjoy after the tariff has been imposed.
<h3>What concept will be applied when the domestic nation acts as a price taker, and its consumption and production have no impact on the global price?</h3>
Due to its tiny size in comparison to global markets, the domestic market is a price taker, and neither its production nor consumption affects global prices. Therefore, the nation uses the international price as the domestic price for any good, service, or resource.
<h3>
What distinguishes a tariff imposed by a big country from a small country's tariff?</h3>
Due to its size, the huge nation's tariff not only lowers the amount of the thing that is sought, but it also could lower the product's global price.
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Henry Ford was the first to make a mass production. He made the Mobile T
Answer:
Cash 2,157 debit
bank service expense 85 debit
account receivables 2,242 credit
Explanation:
To record the bank memorand:
The collection in behalf of the firm will increase cash
The new print the checks will be considered either miscellaneuos expense or bank service expense either way, will decrease cash.
Net cash variation: 2,242 - 85 = 2,157
For the Company errors another entry will be made looking for errors between our numebrs and the bank.
Answer:
Unlike private companies or small businesses, publicly listed companies make a significant impact on the economy and the financial markets in general.
Moreover, both foreign and local investors are interested and invest in these companies.
Because of their significance, there should be the ability of comparability of these companies and their financials must be reliable and accurate.
Explanation:
Answer:
One-year return on the fund (including capital gain/loss) 4.19%
Explanation:
An investor could purchase the fund at
12 x (1 + 2%) = 12.24
During the year, received 1.50 in distributions of income
At year-end it could sale it at:
12.10 x (1 - 7%) = 11.253
Capital return: 11.253 - 12.24= -0.987
Total return 1.50 - 0.987 = 0.513
Investment cost: 12.24
Return of return: return / investment
0.513 / 12.24 = 0,0419117 = 4.19%