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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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Transactions for Sunland Company for the month of June are presented below.
aev [14]

Answer:

Date          Account Detail                                    Debit                   Credit

June 1        Cash                                                $4,080

                  Common Stock                                                            $4,080

Date          Account Detail                                    Debit                   Credit

June 2       Equipment                                        $1,720

                 Accounts Payable                                                         $1,720

Date          Account Detail                                    Debit                   Credit

June  3      Rental expense                                  $910

                  Cash                                                                                $910

Date          Account Detail                                    Debit                   Credit

June 12     Accounts Receivable                         $800

                 Welding Revenue                                                           $800

6 0
2 years ago
managers are the managers concerned with implementing the plans policies of top managers and supervising low level managers
Kazeer [188]

Answer:

Their responsibilities are influenced by top managers; however, their responsibilities are ... In order to do this, they must implement subunit strategies for achieving those objectives. ... They are concerned with intermediate range plan ... Managers at this level train and supervise the performance of nonmanagerial employees

7 0
3 years ago
'As fewer people buy gym memberships, the demand for running shoes will decrease and the price of a pair of running shoes will i
olchik [2.2K]

Answer: "The rise in the price of a pair of running shoes will increase the supply of running shoes".

This statement is <u><em> false</em></u> because <em><u>a decrease in demand for running shoes does not increase the price of a pair of running shoes and an increase in the price of a pair of running shoes does not increase the supply of running shoes. </u></em>

This occurs as the price of a pair of running shoes increases,therefore decreasing the demand and thus the supply will not increase.

4 0
3 years ago
On January 1, 2018, Nath-Langstrom Services, Inc., a computer software training firm, leased several computers under a two-year
LiRa [457]

Answer:

Answer to the question :

On January 1, 2018, Nath-Langstrom Services, Inc., a computer software training firm, leased several computers under a two-year operating lease agreement from ComputerWorld Leasing, which routinely finances equipment for other firms at an annual interest rate of 4%. The contract calls for four rent payments of $13,000 each, payable semiannually on June 30 and December 31 each year. The computers were acquired by ComputerWorld at a cost of $90,000 and were expected to have a useful life of five years with no residual value. Both firms record amortization and depreciation semi-annually.

Required:

1. Prepare the appropriate entries for both the lessee and the lessor from the beginning of the lease through the end of 2018.

is explained in the attachment.

Explanation:

Download pdf
7 0
3 years ago
The village of Hempstead has been taking a look at the issue of responding to 911 calls. It is a small community and geographica
yuradex [85]

Answer:

\bar X = \frac{17+12+9+16+14}{5}= 13.6min

So then the best answer for this case would be:

a. 13.6 minutes

Explanation:

For this case we have the following data for the response rates:

17,12,9,16,14

And we want to calculate the mean response time for 911 calls in this village.

And for this case we use we can use the definition of sample mean given by:

\bar X = \frac{\sum_{i=1}^n X_i}{n}

Where n = 5 represent the sample size for this case. If we replace we got:

\bar X = \frac{17+12+9+16+14}{5}= 13.6min

So then the best answer for this case would be:

a. 13.6 minutes

The sample mean is an estimator unbiased of the population mean because:

E(\bar X) = E(\frac{\sum_{i=1}^n X_i}{n}) = \frac{1}{n} \sum_{i=1}^n E(X_i) = \frac{n\mu}{n}= \mu

For this reason is a good statistic if we want to see central tendency in a group of values.

8 0
3 years ago
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