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Mumz [18]
3 years ago
7

"Tariffs and other trade restrictions increase the domestic scarcity of products from abroad. Such policies benefit domestic pro

ducers of the restricted products at the expense of domestic consumers." This statement: ____________
Business
1 answer:
iris [78.8K]3 years ago
3 0

Answer: is correct

Explanation: Tariff refers to the tax imposed on import and export activities. These are a type of trade restrictions that are made to regulate the domestic market of the country.

The tariff imposed on export will increase the price of the exported goods in the domestic market. Thus a majority population in the country will not purchase it and the domestic producers will benefit from this situation. In such a case, the domestic producers will make unreasonable profits from domestic consumers.

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Which of the following statements accurately describe the practice of tax inversion?
NeX [460]

Answer:

A) A company shifts their headquarters to a foreign country.

Explanation:

<em>If a corporation restructure itself to replace the current parent with foreign parent so that the current company becomes a subsidiary of the foreign parent, it is known as tax inversion. </em>

Shifting the company to foreign country  also moves the tax residence to the foreign country. Companies take advantage of the existing loopholes to avoid tax, It is different from tax evasion as in tax evasion the companies wilfully avoids paying taxes.

In US various legislation and regulation have been enacted by the Congress and Obama administration to curb such tax inversion. Inversions can be considered legal as they do not violate the relevant tax rules, but it leads to losses for the government.

3 0
3 years ago
Answer the question on the basis of the following information. A farmer who has fixed amounts of land and capital finds that tot
Citrus2011 [14]

Answer: $24

Explanation:

Given the following :

Total product for first worker hired = 24

Total product when two workers are hired = 32

Product price = $3 per unit

The marginal revenue product of a worker is equal to the product of the marginal product of labor (MPL) and the marginal revenue (MR) of output.

Marginal revenue product of second worker:

The marginal product of labor :

Change in output when additional labor is added

Therefore, change in product when worker increases from one to two workers ;

32 - 24 = 8 products

Marginal product of labor * product price

8 * $3 = $24

4 0
4 years ago
Which of these situations produces the largest profits for oligopolists? a. The firms reach a Nash equilibrium. b. The firms rea
liraira [26]

Answer:

c. The firms reach the monopoly outcome.

Explanation:

The oligopoly is a market structure with a small number of competitors that have all of most if not all of the sales in an industry.  According to Nash theory, the equilibrium is reached when each competitor is doing the best it can given what its competitors are doing and have no incentive to deviate (acting all together as a monopoly).

4 0
3 years ago
Sole proprietorships are often owned by __________.
azamat
Sole proprietorships are often owned by financial institutuins
3 0
3 years ago
By nudging the minds and movers of the chief actors of a business, women often occupy a subtle but determining role behind the s
myrzilka [38]

Answer:

The correct answer is Chief Emotional Officer.

Explanation:

By uniting the managerial with the emotional, one concept empowers the other, creates value, wealth; that wealth that serves the individual to solve the circumstances of the external world without being a slave or puppet of those realities, but develop the ability to create expectations, prepare, generate alerts, design strategies, there I will be a successful and a winner.

5 0
3 years ago
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