Answer: B. Foreign cars become more expensive.
Explanation: The tariff slapped on imported goods such as cars and other foreign commodities will raise the overall cost of the product on the side of the seller and definitely the final selling price of such product to the consumers. This is used to raise revenue for the government and also to encourage the manufacture, adoption and support for locally manufactured products. Locally manufactured substitute will tend to be cheaper and the additional tariff may put importers and consumers off, and hence settle for cheaper locally made alternative.
A manager of a manager-managed limited liability company (LCC) does not owe a duty of loyalty to the LCC. The statement was false. Thus, the option (b) is correct.
What is manager?
The term manager refers to manage the company. The manger responsibility and duty to manage the all the company work and guided the employees.
Manager are manage the organization but, as limited liability is not the ownership interest in the LLC. The manager duties to higher the employees and maintain the discipline of the company. The manager as duty to of loyalty to the LCC.
As a result the statement was false. Therefore, option (b) is correct.
Learn more about on manager, here:
brainly.com/question/17312484
#SPJ4
Answer:
c) calculate real wages in both 1950 and today.
Real wage is income expressed in terms of purchasing power, which means that it is inflation adjusted for eg what $1 could buy in 1950 compared to what $1 can buy today. So when we find the real wages of today and 1950 we can compare the purchasing power of both the wages and then compare them.
Explanation:
Answer:
In a short time, as long as the product line can be sold with a positive contribution margin, the company should continue selling it.
Explanation:
Giving the following information:
UNitary variable cost= $5
Fixed costs are $5000.
Sales= 500 units
Selling price= $8
First, we need to calculate the current income:
Income= 500*(8-5) - 5000= -$3,500
In a short time, as long as the product line can be sold with a positive contribution margin, the company should continue selling it. Demand can increase and income could become positive.
