A graphical analysis of tariffs reveals that they increase domestic production of the good for which imports face tariffs.
A tariff is a form of tax levied on the import of certain goods and services. Import goods are goods that are brought into a country from another country.
Tariffs increases the price of imported goods. This discourages importation of those goods. As a result, there is less competition between foreign produced goods and domestic production. This boosts domestic production.
A similar question was answered here: brainly.com/question/9975255
Hi there
units were transferred to the finished goods inventory during february
5,200+740−440
=5,500...answer
Good luck!
Answer:
The correct answer is option d.
Explanation:
The 100th unit of output that the firm produces has a marginal revenue of $11 and a marginal cost of $10.
The profit to a firm is maximized when the marginal revenue earned and marginal cost incurred are equal.
When the firm is producing the 100th unit of output the marginal revenue is $1 higher than the marginal cost. This implies that the production of the 100th unit increases the firm's profit by $1.
Answer:
structural unemployment
Explanation:
Unemployment is a situation where people who are ready and willing to work can not find one.
<u><em>Structural Unemployment</em></u>
<em>Structural Unemployment: </em><em> One of the reasons for unemployment is when the production process is automated. In this instance, works and tasks that were formerly done by humans and now been taken over by machines</em>
<em>For example, the work formerly done by Carl has now been taken over by robotics. Usually , this will lead to mismatch of skills because the skills possessed by Carls are no longer needed by his employer.</em>
Therefore, Carl is experiencing structural unemployment
