1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Murrr4er [49]
3 years ago
15

A tariff or quota will _____ prices and _____ the consumption of the protected goods in the importing country.

Business
2 answers:
Anna [14]3 years ago
7 0

<u>A tariff or quote will increase the price and decrease the consumption of the protected goods in the importing country. </u>

<u> </u>

Further Explanation:

Tariff:

The tariff refers to the tax imposed by a country on another country for the imported goods. The tariffs are used to raise government revenue and restrict the import of the goods and promotion of domestic products. The tariff increases the price of the imported product and makes it costlier as compared to other domestic products.

The tariff is imposed on imported products. Therefore, it will increase the price of the product.

The increase in the price of the product will result in a decrease in the demand for the product because there may be other products that provide the same benefits in the lower price range. Therefore, the consumption of protected goods will decrease.

A tariff or quote will <u>increase </u>the price and <u>decrease </u>the consumption of the protected goods in the importing country.

Learn More:

1. Learn more about the revenue from the property taxes

<u>brainly.com/question/2689578 </u>

2. Learn more about the calculation of the property taxes

<u>brainly.com/question/1535083 </u>

3. Learn more about the tax on the sale of the property

<u>brainly.com/question/2617534 </u>

Answer Details:

Grade: High School

Subject: Economics

Chapter: Taxation (Direct & Indirect)

Keywords: tariff, or quota, prices, consumption, protected, goods, importing country.

Vadim26 [7]3 years ago
3 0
Raise;decrease is the answer to this question
You might be interested in
2. Shoplifting is a very serious problem for retail store owners, with millions of dollars of merchandise stolen each year. Obvi
topjm [15]
It could invade the privacy of the shopper when trying things on. All of the actions the customer does is being recorded, not to mention the customer has no idea who exactly is monitoring the cameras, and how many people have access to it. It could become a serious problem.
4 0
3 years ago
Survey
qaws [65]
<span>1. When John received his W2, he received several copies. Why was he sent multiple copies of this form?

The different copies are for John and each tax return he may file

2. Who sent John this W-2?

John's employer - ProperLiving Widget Engineering & Design


3. How much did John make in wages in the 2014 tax year? (assuming this was John's only job)

I do not know

4. How much did John 'take home' in net pay? (assuming this was John's only job)

I do not know


5. How much did John save in his 401(k) in the 2014 tax year?
I do not know


6. Assume your employer provides health care insurance and deducts your portion of the premiums from your paycheck with pre-tax dollars. Are your health insurance premiums federally tax deductible?
Yes


8. Select what would happen to your 1) taxable income and 2) tax liability when you are able to claim a deduction such as student loan interest?

1) lower 2) higher


9. Which are tax deductible?

Student loan payments


</span>
4 0
3 years ago
Zeta Corporation is a manufacturer of sports caps, which require soft fabric. The standards for each cap allow 2.00 yards of sof
ad-work [718]

Answer:

Direct material price variance= $2,500 favorable

Explanation:

Giving the following information:

The standards for each cap allow 2.00 yards of soft for $2.00 per yard. During January, the company purchased 25,000 yards of soft fabric at $2.10 per yard, to produce 12,000 caps.

<u>To calculate the direct material price variance, we need to use the following formula:</u>

Direct material price variance= (standard price - actual price)*actual quantity

Direct material price variance= (2 - 2.1)*25,000

Direct material price variance= $2,500 favorable

7 0
2 years ago
In your own words....
Amiraneli [1.4K]

Answer:

Explanation:

What is a service business? Give an example of one  

Examples of service businesses include companies engaged in transport, food service, distribution, retail, and other industries that sell services rather than products. These intangibles provide the primary revenue source for service businesses.

3 0
2 years ago
Identify which principle applies to each scenario by placing the appropriate label next to each scenario.
tatyana61 [14]
<span>Each scenario refers to some label. The labels are placed with a different order. We need to arrange them by checking the possibilities. Labels most probably matches with one scenario each or it can be many. If labels are less in numbers than the scenarios then it can be matched with multiple scenarios.</span>
6 0
3 years ago
Other questions:
  • Nick Company has two products: A and B. The company uses activity-based costing. The estimated total cost and expected activity
    6·1 answer
  • You have been hired by the Walton family to design a marketing mechanism to change the images of Walmart, Inc. from its current
    14·1 answer
  • Cassidy Manufacturing Corporation has a traditional costing system in which it applies manufacturing overhead to its products us
    6·1 answer
  • Senff Corporation uses the following activity rates from its activity-based costing to assign overhead costs to products: Activi
    6·1 answer
  • Suppose on any given day there is an excess supply of reserves in the federal funds market. If the Federal Reserve wishes to kee
    7·1 answer
  • Equipment is a(n)_________ (asset/liability/expense) account. It is reported on the___________ (left/right) side of the accounti
    6·1 answer
  • The following information is available for a company's utility cost for operating its machines over the last four months. Month
    6·1 answer
  • Name and two factors that contribute to a detrimental​
    9·1 answer
  • Indiana Co. began a construction project in 2021 with a contract price of $161 million to be received when the project is comple
    10·1 answer
  • Why is term life insurance better than whole life insurance?
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!