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Vera_Pavlovna [14]
3 years ago
6

Randall, a protectionist, has seen several small businesses go bankrupt because they were unable to compete with the cheaper pri

ces of goods provided by foreign companies. The cell-phone manufacturing industry has just started in the United Kingdom, and Randall's company is one of the first to try its hand at cell-phone manufacturing. Which of the following arguments is most likely to be used by Randall to persuade his government to restrict the import of foreign cell phones from foreign companies?
1) Conservation of natural resources
2) Protection of an infant industry
3) Maintenance of standard of living
4) National defense
5) The need to keep money at home
Business
1 answer:
RoseWind [281]3 years ago
6 0

Answer:

Protection of an infant industry is the correct answer.

Explanation:

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The opportunity cost of an action is
gogolik [260]

Answer:

d. the highest valued alternative forgone as the result of choosing an option

Explanation:

An opportunity cost is anything that you sacrificing one thing for the other due to lack of recources and Scarcity of time

For example leisure time and working hours

6 0
3 years ago
A company produces 500 microwave ovens per month, each of which includes one electrical circuit. The company currently manufactu
VladimirAG [237]

Answer:

A) increase by $1,200 is the correct option

Explanation:

Incremental savings     [500 *26] =13000

Rental income=2,200

Total income=15200

Less:Incremental cost  =[500*28] =- 14000

Incremental income 1200

4 0
3 years ago
An important function of the regional Federal Reserve Banks is Question 2 options: A) clearing checks. B) determining monetary p
zysi [14]

Answer:

B) determining monetary policy AND D) setting reserve requirements.

Explanation:

The Federal Reserve Bank is comprised of 12 regional Federal Reserve Banks that are each responsible for a specific geographic area of the U.S.

The Fed's main duties include <u>conducting national monetary policy, </u>supervising and regulating banks, maintaining financial stability, and providing banking services.

Furthermore, In the United States, the Federal Reserve Board of Governors <u>controls the reserve requirement</u> for member banks.

3 0
3 years ago
Responsibility for the financial statements and other information found in the annual report lies with
RSB [31]

Answer:

Management

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The Management of the company are appointed as stewards by the owners of the company (shareholders). They have a role in reporting the entity`s operations and ensuring that they provide a good return for the shareholders investments.

5 0
3 years ago
with a variety of different brands, marriott needs a clear ________ strategy to help provide customers with accommodations that
liubo4ka [24]

With a variety of different brands, Marriott needs a clear ________ strategy to help provide customers with accommodations that best meet their needs.

  • <u>Marketing</u>

According to the given question, Marriott needs a strategy that would best help her provide her customers with accommodation based on their different needs.

The best type of strategy that Marriott needs to undertake would be a marketing strategy.

This is because, when she starts to market to her customers, then she would be able to know their various needs and serve them based on those needs.

<u />

Therefore, the correct answer is marketing

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Read more here:

brainly.com/question/21629547

8 0
3 years ago
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