The conditions are:
* If tariffs tend to be small
* No retaliation by supplying nations
* No external costs such as rent seeking
If all of the conditions above are fulfilled, the country can protect the interest of local business without having to face larger economic blow back as a result. If the country that being imposed a tariff choose to retaliate, local businesses could experience an even problems since they can no longer export their products with competitive prices.
Answer:
Line Managers; Staff Personnel
Explanation:
During a meeting, Tammy, a branch manager for USA Bank, pointed to the corporate organization chart on the wall. Tammy remarked that "These people provide advice, recommendations, and research for us, and they are indicated with a dotted line. Laura (our CEO) and the vice presidents of our organization are up here, indicated on the organization chart by a solid line vertical line." Line Managers are indicated on the organization chart by a solid line __, and Staff Personnel are indicated by a dotted line.
As transportation costs fell, it was easier to get to cities and towns in order to sell surplus goods that these farms produced. Even in subsistence farming, a good year is likely to result in a surplus, and monetizing it would produce discretionary income.
Answer: It is reasonable to assume that a profit-maximizing firm will never operate in the inelastic portion of its demand curve.
Explanation:
It should be noted that a firm that profit maximizing will not operate in the inelastic portion of its demand curve because at that point, the firm isn't maximizing profit.
When there's an inelastic demand, an increase in price will bring about a less than proportionate reduction in the quantity of the goods that's demanded. In such case, if the firm operates at the inelastic portion of its demand curve, when it increases price, this will lead to a reduction in income and profit will not be maximize.
Answer:
A. It is relatively inexpensive.
B. It is popular and widely used.
C. It is included in Microsoft Office.
D. It is compatible with other systems.
Explanation:
just did it on excel