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baherus [9]
3 years ago
15

Which of the following describes the infant industry argument for protectionism?

Business
1 answer:
Alchen [17]3 years ago
4 0

Answer:

a. Domestic producers require time to gain experience and lower their unit costs; this will allow these producers to compete successfully in international markets.

Explanation:

According to the infant-industry theory, new industries in emerging and developing economies need protection for unfair competition from industries in advanced economies.  The new industries need time to grow and develop economies of scale that can match those from more developed economies.

Economists describe infant industries as those in their early stages of development and, as such, cannot compete favorably with established rivals.  Proponents of Infant-economies protection argue that infant industries need protection from international competitors capable of flooding domestic markets with cheaper goods. Protection assist infant industries to mature and develop economies of scale.

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Q 8.14: The financial statements of the Imagine Company report net sales of $1,000,000 and accounts receivable of $700,000 and $
sesenic [268]

Answer:

2 times

Explanation:

The computation of accounts receivable turnover is shown below:-

Account receivable turnover ratio = Net credit sales ÷ Average accounts receivable

where,

Net credit sales is $1,000,000

And, the Average accounts receivable is

= (Accounts receivable, beginning of year + Accounts receivable, end of year) ÷ 2

= ( $700,000 + $300,000) ÷ 2

= $500,000

Accounts receivable turnover = Net sales ÷ Average accounts receivable

= $1,000,000 ÷ $500,000

= 2 times

6 0
3 years ago
Coach Sieb Has a treadmill desk. Walking on the treadmill will break down her triglyceride Levels 90% faster what is the percent
Ilia_Sergeevich [38]

Answer:

0%

Explanation:

Base on the scenario been described in the question, where we saw coach Seib has 90% faster breaking her triglyceride Levels while working, when sitting, she has a 0% of breaking her triglyceride Levels because no movement, there will be no breakdown in the triglyceride Levels

3 0
3 years ago
Identify and discuss the “needs” of a society.
sweet [91]

A traditional list of immediate "basic needs" is food (including water), shelter and clothing. Many modern lists emphasize the minimum level of consumption of 'basic needs' of not just food, water, clothing and shelter, but also sanitation, education, and healthcare.

7 0
3 years ago
The following standards for variable manufacturing overhead have been established for a company that makes only one product:
pantera1 [17]

Answer:

c $4,450 U

Explanation:

The computation of the Variable overhead spending variance  is shown below:

= (Standard variable overhead Rate × Actual Hour) - (Actual Rate × Actual Hour)

= ($12 × 400 units × 5.6 hours) - ($31,330)

= $26,880 - $31,330

= $4,450 Unfavorable

The (Actual Rate × Actual Hour) is also called as Actual variable overhead.

All other information which is given is not relevant. Hence, ignored it

3 0
2 years ago
Your employer has asked you to start working overtime and has offered to pay $18 per hour for every hour you work beyond forty h
Aloiza [94]

Answer:

The marginal benefit of working each hour of overtime is $18.

Explanation:

<em>Marginal Benefit</em> refers to the maximum price I would pay for a second (or more) product or service.

In this case, the employer is willing to pay for each extra hour the amount of $18, which means that the <em>Marginal Benefit</em> increases.

It is considered, that the perceived value by the employer for each extra hour is $18.

7 0
3 years ago
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