Answer:
The effective rate of protection for the U.S. steel industry is approximately 17.5%
Explanation:
Mathematically, the effective rate of protection is calculated as follows;
e = (n-ab)/(1-a)
where n is the nominal tariff rate on the final product , a is the ratio of the value of the imported input to the value of the finished product and b is the nominal tariff rate on the imported input
Mathematically;
a = value of iron ore/value of steel = 100,00/500,000 = 1/5 = 0.2
From the question, we can see that nominal tariff rate for steel n = 15% = 15/100 = 0.15
The nominal rate for iron ore b = 5% = 5/100 = 0.05
So we substitute all of these into the equation of e above
e = {0.15-0.2(0.05)}/(1-0.2) = (0.15-0.01)/0.8 = 0.14/0.8 = 0.175 which is same as 17.5%
<span>The answer is breathing. Breathing is the act of taking air in as the diaphragm contracts and pulled downward. Breathing is essential to survival. Breathing also involves the lungs. Carbon dioxide is also exhaled from the lungs during breathing.</span>
Answer and Explanation:
The computation of the equivalent units of production for both material and the conversion cost is shown below:
Particulars Materials Conversion costs
Unit transferred out 9,700 9,700
Add:
Ending work in process 8,300 3,818
(8300 × 100%) (8,300 × 46%)
Total equivalent unit 18,000 13,518
Answer:
if this helps the US economic system is way worse than the Asian one
Answer: New
Explanation:
Warranty could d defined as a post-sales service issued to product under certain conditions. The conditions of repair or maintenance varies alongside different product. Warranty's are only given to new products and they last for just a certain period of time, mostly a year or two, which after the said period when the equipment has an issues the owner would pay to get them fixed irrespective of the problem. Warranty's on cars are very important, and this should be everyone's urge to get new product based on the service offered within the companies specification.
