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
miss Akunina [59]
4 years ago
11

What mercantilist policy was designed to protect local industries from foreign competition?

Business
1 answer:
Anettt [7]4 years ago
7 0

Answer:

Tariffs

Explanation:

The mercantilist policy was developed to encourage exports and to discourage imports. The policy to apply tariffs to increase the prices of imported or foreign good was developed to help protect local industries. The tariffs are used to increase the overall prices of foreign goods compared to local goods, that help local industries to sustain foreign pressure and to compete in the market.

You might be interested in
Suppose that, at an official ticket price of $480, there are 6,000 Justin Timberlake fans wanting to attend his concert, but onl
Nonamiya [84]

Answer:

A. The market clearing price of the tickets is more than $480.

Explanation:

Market-clearing price is a level where the quantity demanded of a product matches or the quantity supplied. At this price, A product or service does not experience any surplus or shortages.  It is the price where the demand curve and the supply curve intersect. The market-clearing price is the same as the equilibrium price.

As the price of $480, the demand for the show is at 6000, but supply is at 4000. There is a surplus in demand. The price of $480 is attractive to more people than supply can handle. Matching supply and demand would require the price to be set above the $480.

6 0
3 years ago
Richard has discovered that the photographs that he took are shaky. He figured out that when he presses the shutter button, his
tester [92]
Buy a tripod that he can set his camera on to avoid shaky images. If the problem still continues, he should visit a technician to help him figure out what to do. 
3 0
3 years ago
There's a party at work today. Jimmy is sick and not at work today therefore Jimmy will
GrogVix [38]

Answer:

he will be valid

cuz every company has something known as sick leave

3 0
3 years ago
Read 2 more answers
During fiscal 2014, BlackBerry Limited wrote down its BB10 smartphone inventory by approximately $1,700,000,000 because its cost
Natasha2012 [34]

Based on the BB10 smartphone being written down by $1,700,000, the journal entry would involve debiting Cost of goods sold and crediting Inventory.

<h3>Why would the above be done?</h3>

The question seeks the journal entry of the above write down. The inventory will be written down by $1,700,000 and this will be charged to the Cost of goods sold.

The journal entry is:

Date                     Account title                                       Debit          Credit

2014                    Cost of goods sold                       $1,700,000

                            Inventory                                                         $1,700,000

Find out more on writing down inventory at brainly.com/question/5771882.

8 0
3 years ago
Which key factors impact whether budding entrepreneurs around the world can start and own a business
Leno4ka [110]

Explanation:

There are several barriers to entry in a market that can hinder the creation of a new business, the ones that most impact new entrepreneurs are the financial, technical and structural barriers.

There is the configuration of a monopoly market where there is a single company that controls the market and resources, influencing prices and hindering new entrants.

There are also capital difficulties, where the cost of opening and maintaining a business makes it difficult for new entrepreneurs to enter the market in the long term in a competitive manner with larger companies, for example.

And there are also technical barriers, which can be understood as the lack of specific knowledge for a particular business operation.

7 0
3 years ago
Other questions:
  • While it may not be possible to make the receiver happy when you deliver bad news, you can reduce bad feelings by structuring yo
    15·1 answer
  • why it is important to business administration student to study and know the basic principles of income taxation? ​
    10·1 answer
  • At a price for which quantity demanded exceeds quantity supplied, a __________ is experienced, which pushes the price __________
    11·1 answer
  • Which of the following would not be included in calculating the incremental cash flow for a project? The firm expects sales of t
    5·1 answer
  • Domestic strategy reflects the choices a firm's executives make with respect to sourcing and selling its
    7·1 answer
  • The warehouse manager at Johnson Cor. is considering installing additional insulation in the warehouse. He estimates that the an
    6·1 answer
  • Magic Realm, Inc., has developed a new fantasy board game. The company sold 8,400 games last year at a selling price of $70 per
    13·1 answer
  • Given the following Balance of Payment data for a given​ country: Current Account​ Balance: ​$1,400 Capital Account​ Balance: ​$
    13·1 answer
  • How you gain information about what is happening around the property ​
    9·1 answer
  • Which organization does not provide free or loss cost training and counseling associated with the Small Business Association
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!