The answer to the question of whether the export subsidy would make domestic producers sell steel to domestic consumers and sell the rest abroad is:
- False because the domestic producers would not want to sell at a lesser price than what they would have sold abroad.
<h3>What is Export Subsidy?</h3>
This refers to the government policy which is meant to discourage export of goods with the aim of regulating the economy which usually leads to the increase in the amount of customer surplus in the market.
With this in mind, we can see that the export subsidy has to do with the increase in domestic price whereby there is a higher cost for exports for producers.
Read more about export subsidy here:
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Answer:
d. The $1,500,000 is not taxable because Detroit settled the case
Explanation:
The $1,500,000 is not taxable because Detroit settled the case, Compensation received of damaging Goodwill is not taxable.
Answer:
C) Company B has a higher operating return on assets than Company A, but Company A has a higher return on equity than Company B.
Explanation:
The B company has a minor debt ratio compared with company A. Which according to the following formula, permits to conclude it has a higher operating return.
Return on equity = Debt Ratio - Total Liabilities / Total Assets.
D, thermal contact would just cause a regular burn, not an electrical one.
C. Innovation is the creation of new, original ideas. Inventors are usually described as innovative. New inventions create new markets.
Hope this helps!