Answer:
- <u><em>d. a reduction in output and employment in domestic industries that utilize steel as a resource</em></u>
Explanation:
The first impact of a <em>quota that limits the importation of steel into the United States </em>is that the domestic market will experience a decrease on the number of suppliers.
As a consequence, the domestic manufacturers will have less competition and they will be able to increase the prices of the steel in the domestic market, instead of struggling to decrease the costs, or improve the quality, or increase the productivity, or enhance the service.
Thus, the domestic indutries that utilize the steel will face an increase on the prices of their main raw material, becoming less competitive. Then, <em>most likely</em>, their price should increase and their sales and production should decrease; thus, <em>they will face a reduction in output and employment.</em>
Answer:
Champion
Explanation:
Based on the information provided within the question the specialized role being mentioned is a certified Six Sigma Champion. Like mentioned in the question this is a professional who has a vast number of years of experience and is very proficient in understanding and applying Six Sigma Methodology, as well as having the authority and resources need to do so.
I hope this answered your question. If you have any more questions feel free to ask away at Brainly.
Answer:
C) consumption and output
Explanation:
A fiscal contraction refers to decreasing a government's deficit. A government has a deficit when it spends more than the revenue it gets from taxes. Therefore if the government wants to reduce its deficit, it will decrease public expenditure and/or increase taxes. Any of those actions will also lead to a decrease in public consumption and total economic output.
Answer: 2%
Explanation:
The Capital Asset Pricing Model (CAPM) can be used to calculate expected value as thus;
= Risk free rate + beta (Market return - risk free rate)
= 5% + (-0.3) (15% - 5%)
= 5% - 3%
= 2%
Answer:
3. Correctly ignored a sunk cost
Explanation:
Sunk costs refer to those costs which have been incurred in the past, which are non recoverable and which have no current or future benefits.
Sunk costs are considered as irrelevant for decision making process as they do not relate to current period and have no future implications. For example, research and development expenditure incurred in the past represents a sunk cost.
In the given case, the ticket for opera was already purchased for $100 which can now neither be recovered nor transferred. Thus this cost is irrelevant for decision making as expenditure has already been made. When Shen decided to go for a party instead of the concert, Shen has correctly ignored a sunk cost.
