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andriy [413]
3 years ago
9

Changes in tariffs and quotas are

Business
2 answers:
morpeh [17]3 years ago
5 0

Answer:

government actions that reduce competition from international firms.

Explanation:

miss Akunina [59]3 years ago
4 0

Answer:

With the effect of the tariff, consumer surplus goes down while the producer’s surplus goes up. On the other hand, quota results in the fall of consumer surplus. Income generated from the collection of the tariff is the revenue of the government.

Explanation:

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Tript Corporation has a process costing system and uses the weighted-average method. The company had 3,000 units in work in proc
Alekssandra [29.7K]

Answer:

11,600 units

Explanation:

Equivalent units for conversion costs :

Equivalent units = 10,000 x 100 % + 4,000 x 40 % = 11,600

The equivalent units for February for conversion costs were: 11,600 units

6 0
3 years ago
Hunter Company had a FUTA taxable payroll of $192,700 for the year. Since the company is located in a state that has 1.5% FUTA c
ArbitrLikvidat [17]

Answer:

Hunter's FUTA tax liability for the year is $147

Explanation: see attached file

3 0
3 years ago
Which of the following price indices is designed to measure changes in the prices of goods and services purchased by a typical i
skad [1K]

Answer:

d. Consumer price index

Explanation:

Consumer price index in any country consists of goods and services that are used in day to day activities by consumers e.g. daily food items, utilities, transportation etc. The index is used to measure the increase in weighted average prices of the constituents over a particular time.

Option A is price index for producers that measures the increase in price of goods and services that are typically used by different producers for their output.

Option B is an analysis that is used to assess the trends of any economy. This analysis is performed by government economists, officials and government to make informed decisions about future actions. Individuals have no use of the index.

Option C Gross domestic product (GDP) deflator is a price adjustment to GDP of current year to depict the actual growth in value of goods and services produced in a particular year. GDP deflator is a reduction of inflation rate from nominal rate of increase in GPD.

8 0
4 years ago
The management of Idaho Corporation is considering the purchase of a new machine costing $430,000. The company's desired rate of
Travka [436]

Answer:

NPV    $25,200

Explanation:

The computation of the net present value is shown below

<u>Years   Cash flow            Discount            PV </u>

0       -$430,000                  1                 -$430,000

1         $180,000                0.909             $163,620

2       $120,000                  0.826           $99,120

3       $100,000                   0.751           $75,100

4       $90,000                   0.683           $61,470

5       $90,000                   0.621           $55,890

NPV                                                        $25,200

5 0
3 years ago
A server expects a group of poorly dressed customers to be stingy tippers and gives them poor service, so he gets the result tha
Harlamova29_29 [7]
The answer to the given blank above is SELF-FULFILLING PROPHECY. From the term itself, self-fulfilling prophecy refers is a kind of prediction made by someone which most likely becomes true, may it be directly or indirectly. Usually, this is a result of both belief and behavior. In the given scenario above, the waiter, serving poorly dressed customers, predicts that he is going to be tipped low and so he gives them bad service. As a result, he did really get a smaller tip, just as he expects or believes.
8 0
3 years ago
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