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Oliga [24]
3 years ago
8

Rather than generating tax revenue as do tariffs, subsidies require tax revenue. Therefore, they are not an effective protective

device for the home economy. Do you agree?
Business
1 answer:
KatRina [158]3 years ago
6 0

Yes. Subsidies are benefits that the government can grant to institutions, households and businesses to promote economic efficiency and reduce market failures. They may be distributed through cash or by cutting tax rates. However, there is controversy about the effectiveness of using subsidies for the economy, often related to the inefficiency of promoting a free market, allocating resources that could be used for investment in productive resources and masking the results of economic efficiency. Another major concern with the use of subsidies is the formation of political alliances of those who receive them and those who provide them, creating political interests because of their use.

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The Custom Halloween Company purchases a new sewing machine to replace an older machine with limited capabilities. The first wee
ELEN [110]

Answer: Capital investment in new machinery  

Capital investment in new machinery enables a company to produce more over a given period of time as compared to the old machine.  

It also helps the company to take advantage of new orders in the markets and helps it increase its share in catering to the demand for its products


7 0
3 years ago
Read 2 more answers
In a coin and die game, you roll a fair six-sided die and toss a coin. If you roll a 6 and toss a tails, you gain $110. Otherwis
gizmo_the_mogwai [7]

Answer:

$0

Explanation:

Probability of getting a six and a tail:

= (1 ÷ 6) × (1 ÷ 2)

= 1 ÷ 12

Probability of not getting a six and a tail:

= 1 - (1 ÷ 12)

= (11 ÷ 12)

Therefore, the expected value is as follows:

= (Probability of getting a six and a tail × Gain) - (Probability of not getting a six and a tail × Lose)

= [(1 ÷ 12) × $110] - [(11 ÷ 12) × $10]

= $0

Hence,

For 45 times,

Money expected = 45 × $0

                            = $0

8 0
3 years ago
The Lebanese steel factory “STEEL CO” was the leader in its market for many years. Today, the management noticed that sales are
Fiesta28 [93]

Answer:

1.) Traditional competitor

2.) Product differentiation & Customer intimacy

3.) C

Software / Telecommunications / Hardware

4.) Value chain

5.) ESS

Explanation:

1.) The company was aware of its competitors' marketing strategies and pricing to any changes made. Rivalry among competitors tends to be cutthroat and industry profitability low while having the potential factors.

3.) An information system is essentially made up of five components hardware, software, database, network and people. These five components integrate to perform input, process, output, feedback and control. Hardware consists of input/output device, processor, operating system and media devices.

4.) Value chain is the process or activities by which a company adds value to an article, including production, marketing, and the provision of after-sales service.

5.) An Executive Support System (ESS) is software that allows users to transform enterprise data into quickly accessible and executive-level reports, An ESS enhances decision making for executives. ESS is also known asExecutive Information System (EIS).

4 0
4 years ago
Read 2 more answers
When a company spends a large amount of money on trade promotion in order to gain or hold shelf space in retail outlets, a compa
son4ous [18]
The answer is A)Push
8 0
4 years ago
A firm expects to sell 26,000 units of its product at $12.00 per unit and to incur variable costs per unit of $7.00. Total fixed
Sedaia [141]

Explanation:

Given that

Number of sales units = $26,000

Sale price = $12 per unit

Variable cost per unit = $7

Fixed cost = $80,000

So, the contribution margin per unit is

= Selling price per unit - variable cost per unit

= $12 - $7

= $5

And, the contribution margin in dollars is

= Number of sales unit × sale price - number of sales unit × sale price

= 26,000 units × $12 - $26,000 × $7

= $312,000 - $182,000

= $130,000

3 0
3 years ago
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