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gavmur [86]
2 years ago
9

Which of the following is the best example of a​ quota? A. a subsidy granted by the U.S. government to domestic sport utility ve

hicle manufacturers so they can compete more effectively with foreign sport utility vehicle manufacturers B. a tax placed on all sport utility vehicles sold in the domestic market C. a​ $5,000 per-car fee imposed on all sport utility vehicles imported into the United States D. a limit imposed on the number of sport utility vehicles that the United States can import from Japan
Business
1 answer:
GREYUIT [131]2 years ago
7 0

Answer:

The correct answer is option D.

Explanation:

A quota is a non-tariff restriction on trade. It is either a quantitative limit or a limit on the monetary value of products that can be traded. It a restriction imposed by the government to protect domestic producers from foreign competition.  

In all the given examples the last one represents a quota. It is a limit on the number of products that can be imported.

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Lake Corporation is considering the elimination of one of its segments. The segment incurs the following fixed costs. If the seg
77julia77 [94]

Answer:

the amount of avoidable cost associated with the segment is $754,000

Explanation:

The cost associated with the segment to be eliminated including:

- Advertising expense $140,000  

- Supervisory salaries  $300,000  

- Allocation of companywide facility-level costs  $130,000  

- The loss for unsold building (*): $60,000

- Maintenance costs on equipment  $112,000

- Real estate taxes on building  $12,000

The total cost is $754,000

(*) The earning from sold building (book value) = Market value of building $160,000 - Book value of building  $100,000 =  $60,000

3 0
3 years ago
Involuntary unemployment occurs when the wage rate is below the equilibrium wage rate. exists when there is an excess quantity o
Natali5045456 [20]

Answer:

exists when there is an excess quantity of labor supplied.

Explanation:

Involuntary unemployment is the situtation in which the labor actually work and also work at the prescribed wage rate in that time when the job is not getting

It could be arise when there is a lacking of the aggregate demand or total demand also when there is a excess of labor supply

so according to the given situation, the second option is correct

3 0
2 years ago
The following totals for the month of April were taken from the payroll register of Magnum Company. Salaries $12,000 Social Secu
Novosadov [1.4K]

Answer:

d. credit to Salaries Payable for $8,600

Explanation:

<em>The journal entry would be as follows.</em>

Magnum Company

Payroll Journal

Particulars                            Debit                    Credit

Salaries                       $12,000  Debit

Federal Income taxes withheld                       2,500 Credit

Social Security & Medicare taxes withheld      900 Credit

Salaries Payable                                               $8,600 Credit

Unemployment taxes are paid by the employer . They are not deducted from the employees' wages . They include both the federal and state taxes.Social Security & Medicare taxes withheld $ 900 include the  Social Security & Medicare taxes  $ 900.

6 0
3 years ago
A team that consists of members who interact by computer network to collaborate on projects is called a(n)
Viefleur [7K]
It is called solution. I guess so.
8 0
3 years ago
You have taken a job in industry and are facing your first ordering decision. As you prepare to place the order, you remember yo
skelet666 [1.2K]

Answer:

The formula is not used if consumer demand and ordering and holding costs are not constant.

Explanation:

E.O.Q formula measures the ideal quantity of order a company should purchase in order to minimize its inventory costs, such as holding costs and shortage costs. The formula, however has its limitations, in a way that it assumes that the costumer demand is constant and ordering and holding costs remain constant. This makes formula hard to use in case of seasonal changes of demand, inventory costs or lost sales revenue due to inventory shortages.

7 0
3 years ago
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