A tariff is a type of trade penalty imposed on one or more countries by one or more other countries.
Answer:
The correct answer is option (b) avoiding losses through fines and damage judgments.
Explanation:
Solution
The aim of preventive law in business is to increase profit by avoiding loss. This is done because of fines and damage by some decisions, makes losses in business plans and preventive law is a legal principle which does not let legal matters involve in business goal.
The others are not the correct options because there is no such concern of imposing more income tax on rich people, even preventive law feature does not add of involving clients in business planning.
The last option is also not correct as preventive law is basically to prevent or avoid rather any creating any enforceable contracts.
Answer:
Yes, This is True.
Explanation:
Marginal cost is the cost of one additional unit. The marginal cost curve will slope upwards because firm will pay more wage to the worker who produce more output. This can be regarded as the increase in output leads to increased wage rate. The marginal cost curve will be upward sloping because there will be addition to the marginal cost due to increase in one unit of output.
Answer: A. I and IV only
Explanation:
The relationship between bond prices and interest is an inverse one. This is because bonds have fixed rates so when for instance interest rates increase, the fixed rate of bonds will become less attractive as people would want to make the higher interest. They will therefore demand less of bonds and the prices will drop. The reverse is true.
Also, long term bonds are more affected by interest rate changes then short term bonds. This is because, as they have a longer term till maturity, they will be even less attractive when interest rates rise.
Answer:
the total asset turnover is 2.65 times
Explanation:
The computation of the total asset turnover is shown below;
As we know that
Total assets turnover is
= Net sales ÷ average of total assets
= $720,855 ÷ ($91,932 + $206,935 + $111,201 + $133,851) ÷ 2
= $720,855 ÷ $271,959.50
= 2.65 times
Hence, the total asset turnover is 2.65 times
