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koban [17]
3 years ago
9

Tariffs are used to encourage global trade between two countries. a. True b. False

Business
2 answers:
eduard3 years ago
6 0
B. False because it's used to Restrict Trade as they increase the price of imported goods making them more expensive for customers hoped this helped.
ira [324]3 years ago
3 0
Tariffs are intentional taxes on imports from other countries. They are used to drive taxes up so that goods made in the country are more attractive to consumers. Because of this, other countries retaliate and raise their taxes too.

The answer is B: False
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A manufacturer of industrial sales has production capacity of 1,000 units per day. Currently, the firm sells production capacity
TiliK225 [7]

Answer:

The production capacity the manufacturer should reserve for the last day = 206.00 units.

Explanation:

Normal production = 1000 X $ 10

Normal production = $ 10,000

Spot production = 1,000 X $ 15

Spot production = $ 15,000

p* = 15,000 - 10,000 / 15,000

p* = 0.33

Q = norminv(0.33,250,100)

The production capacity the manufacturer should reserve for the last day = 206.00 units

7 0
3 years ago
managers are the managers concerned with implementing the plans policies of top managers and supervising low level managers
Kazeer [188]

Answer:

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7 0
3 years ago
During the direst part of the Great Depression, approximately ______ percent of the nation's workers was unemployed.
vova2212 [387]
29.4 percent of workers
7 0
2 years ago
A social responsibility theory of business according to which a corporation's duty is to make a profit while avoiding causing ha
Lena [83]

Answer:

The answer is moral minimun.

Explanation:

The moral minimun is the less acceptable standard for ethical business behavior. Normally considered to be compliance with the law.

In other words, is the minimum degree of ethical behavior expected of a business firm, which is usually defined as compliance with the law.

4 0
3 years ago
Item 6Item 6 Suppose that the firm's only variable input is labor. When 50 workers are used, the average product of labor is 50
Kipish [7]

Answer:

$1.07

Explanation:

The marginal cost measures the change in total cost of adding on more worker divided by the change in product for this additional worker (marginal product of labor). When adding one more worker, costs will increase by $80 (wage rate), while product will increase by 75. Therefore, the marginal cost is:

MC=\frac{80}{75}\\MC=\$1.07

The marginal cost is $1.07.

3 0
3 years ago
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