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strojnjashka [21]
3 years ago
12

So, say a person named Bertrand is an avid supporter of protectionism. His primary platform is the idea that the United States i

mports too many foreign goods. He dislikes that many of his clothes are made in China instead of the U.S. because clothing is a basic need, even for babies. He would prefer that the United States drill in the Arctic National Wildlife Refuge (ANWR) instead of importing oil from Kuwait because oil powers our military\'s tanks and planes. Which argument for protectionism is Bertrand using?
-The National Security Argument
-The Infant Industry Argument
-The Environmental Protection Argument
-The Job Creation Argument
Business
1 answer:
Luba_88 [7]3 years ago
8 0

Answer:

The correct answer is letter "A": The National Security Argument.

Explanation:

The National Security Argument poses as a threat the dependence on other countries for economic sustainability. This concept points out extraordinary circumstances like war, where depending on other countries is a drawback in stepping ahead in the conflict. The argument promotes self-sufficiency as a solution to the problem that is also extended to the filed of consumer goods such as food or clothing.

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A good with many close substitutes is likely to have relatively ___________(elastic,inelastic) demand, since consumers can easil
butalik [34]

Answer:

Elastic demand

A heart valve

Explanation:

A good with many close substitutes will have a highly elastic demand. This is because an increase in the price of the good will causes the consumers to purchase one of its cheaper substitutes.  

If both a diamond necklace and a heart valve for heart attack victims are priced the same, the price elasticity for the heart valve will be lower. This is because the diamond necklace is a luxury good but the heart valve is necessary for the survival of the victim.

6 0
3 years ago
Which of the statements below is​ FALSE?
Alecsey [184]

Answer:

C. The standard of one vote for each share cannot be altered.

Explanation:

Shares are sold to individuals that now obtain ownership rights of a company.

Common share holders are entitled to voting in of new board members and also have the ability to vote for changes in bylaws of the company.

Also common shareholders are shares have different classes with different voting rights.

However it is not true that the standard of one vote for each share cannot be altered.

When more shares are issued by a company it can result in dilution of shares. That means for example if a person has 10,000 shares in a company with 1 million shares, and the company now issues an extra 1 million shares making 2 million in total now.

The shareholder's standard of vote for each share is now halved

5 0
3 years ago
McMurphy Corporation produces a part that is used in the manufacture of one of its products. The costs associated with the produ
Effectus [21]

Answer:

the correct answer is

A) make the part, as this would save $14 per unit

7 0
3 years ago
What is a sercured loan
VARVARA [1.3K]

Answer:

Secured loan is as below

Explanation:

A secured loan is money that you borrow by offering an asset as collateral. The lender will hold on the asset until the full loan amount is paid back. A secured loan is a good option when borrowing a large amount of money.  It attracts low-interest rates.

Lenders consider secured loans less risky because the customer provides a valuable asset as a back-up should they fail to repay. Homes and land are the most common properties used as collateral for secured loans.

6 0
3 years ago
A salesperson earns $350.25 per week plus 12% of her weekly sales. Which of the following describes the sales necessary for the
Natali5045456 [20]
The equation for problem above is:
350.25+12/100*x=800.5
12/100*x=800.5-350.25
12/100*x=450.25
12x=45025
x=45025/12=3752.08

But the question is "at <span>least" $800.50 so the final answer is

</span>x \geq 3752.08<span>
</span>
3 0
3 years ago
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