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3 years ago

A tariff:_________.

Business

1 answer:

Sergio [31]3 years ago

8 0

Answer:

<h2>C. Makes domestic consumer worse off. </h2>

Explanation:

A tariff is levied on the exports and imports between two countries. It is meant to regulate the foreign trade and encourage the domestic industries and safeguard them from the competition of foreign goods. Tariffs are source of income for states. Tariffs and import export quotas are most used instruments of protectionism. Tariffs are fixed or variable.

It can put the domestic consumer in an advantageous position as due to tariffs they would not be able to get less costly products.

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Bill is the owner of a house with two identical apartments. He resides in one apartment and rents the other apartment to a tenan

Mnenie [13.5K]

Answer:

B. $2,600

Explanation:

The computation of the net rental income is shown below:

= Monthly rental payments × total number of months in a year - (utilities + maintenance & repairs + insurance) × percentage - depreciation expense

= $550 × 12 months - ($3,600 + $900 + $500) × 50% - $1,500

= $6,600 - $2,500 - $1,500

= $2,600

Since only one apartment is on rent so we considered the expenses of the building at 50% not full value and the same is applied above

5 0

3 years ago

Reggie is busy trying to prepare a complicated recipe for dinner when his sons come in asking him who can use the computer first

alexandr402 [8]

the other son, possibly should get the computer first, because he doesn't need it for much, while the 1st son needs it for a number of things

4 0

4 years ago

A. medical payment auto 1. covers insured for life; is paid on for a specific-

ivolga24 [154]

Answer:

E. property damage auto 5. pays if insured is at fault and someone else's-

property is damaged

5 0

3 years ago

Read 2 more answers

A market economy cannot produce a socially desirable outcome because individuals are motivated by their own selfish interests.

adoni [48]

B it false
we should all know that

7 0

3 years ago

On July 1, 2020, Dobbs Co. pays $14,400 to Kalter Insurance Co. for a 3-year insurance contract. Both companies have fiscal year

Anarel [89]

Answer:

July 1,2020

Dr Cash $ 14,400

Cr Unearned Service Revenue $ 14,400

December 31,2020

Dr Unearned Service Revenue $ 2,400

Cr Service Revenue $ 2,400

Explanation:

Preparation of the journal entry for July 1 and the adjusting entry on December 31 for Kalter Insurance Co

Based on the information given the journal entry for July 1 will be :

July 1,2020

Dr Cash $ 14,400

Cr Unearned Service Revenue $ 14,400

(Being to record Unearned Service Revenue )

Based on the information given the Journal entry for December 31,2020 will be :

December 31,2020

Dr Unearned Service Revenue $ 2,400

Cr Service Revenue $ 2,400

[ ( $14,400 / 36 Months) * 6 ]

(Being to record Service revenue earned)

Note that 3 years will give us 36 months (12month*3) and July 1,2020 to December 31 will give us 6 months.

3 0

3 years ago