Answer:
effective rate of protection for the domestic is 46 %
Explanation:
given data
imposition = 20 percent
cost of material inputs = $100 per unit
world price = $175 per unit
solution
we get here Extra amount that is
Extra amount = world price × tariff mean ........................ 1
Extra amount = $175 × $20%
Extra amount = $35
and
So we get effective rate of protection for the domestic is
effective rate of protection = 35 ÷ (175-100)
effective rate of protection = 46 %
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Answer:
I, II, and III.
Explanation:
Market efficiency demonstrates that prices mirror the entire information regarding a specific market or stock which is accessible at a given point of time. There are certain important characteristics of an efficient market which include a number of participants, uniformity in products, etc. As per the options, all the three options could be characterized as the important characteristics of market efficiency which are as follows:
I). 'There are no arbitrage opportunities' as there is complete awareness among the consumers regarding the availability of products and its prices.
II). 'Security prices react quickly to new information' as there is a consensus value of a product set by all the customers and sellers after assessing its value.
III). 'Active trading strategies will consistently outperform passive strategies' as there is perfect competition and therefore, there is a liberty to enter and exit the market at any point in time.
Answer:
Ethically , a manager should follow the same ethical principles as everyone else: honesty, integrity, respecting other people, but as managers have a great degree of responsability, they should be more careful in keeping those principles.
Socially, managers and companies have the responsability of adding a benefit to society. Not only through the sale of goods and services at a reasonable price (which benefits consumers and society as a whole), but also through charitable actions that help society.
As a CEO of an organic food enterprise, Andy Berliner is being socially responsible because he is offering a good that is of high quality, enviromentally sustainable, and most likely healthy.
