The answer is Bound tariff
Bound tariff refers to the maximum amount of tariff that a certain nation could impose to other nations for bringing in their products.
For developing countries that relies on high quantity of products for thir exports, this tariff system would be really favorable for them.
The activity that consists of breaking a job into its component tasks and then analyzing each step for potential hazards is called Job safety analysis
<h3>What is
Job safety analysis ?</h3>
An approach called a Job Safety Analysis (JSA) assists in incorporating recognized safety and health principles and practices into a specific task or job operation. Each fundamental job step in a JSA identifies potential dangers and suggests the safest approach to do the task. Other names for this process include job hazard breakdown, hazardous task analysis, and job hazard analysis.
When referring to a specific job or task, such as "running a grinder," "using a pressurized water extinguisher," or "fixing a flat tire," the phrases "job" and "task" are sometimes used interchangeably. JSAs are not appropriate for positions that are too widely defined, such as "overhauling an engine," or too narrowly defined, such as "placing car jack."
To learn more about Job safety analysis from the given link:
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Answer:
A) Taxing income results in deadweight loss, and purchasing health care on one's own doesn't result in deadweight loss.
Explanation:
When you have a market in equilibrium and a new tax is set, this will always result in a deadweight loss. But individual's are free to spend their money in whatever legal good or service they need or want, so when they purchase health care by themselves there is no deadweight loss.
Answer:
The correct answer is letter "A": beliefs.
Explanation:
Beliefs are preconceived ideas individuals have based on their thoughts and experiences. Some beliefs could be wrong moreover when the individual experience is little or insignificant about a topic. Beliefs tend to be subjective most of the time and represent a true for individuals that can be confirmed or corrected.
Answer:
Differential cost of producing Product C = $0
Explanation:
<em>A company should process further a product if the additional revenue from the split-off point is greater than than the further processing cost. </em>
<em>Also note that all cost incurred up to the split-off point (the cost of crushing) are irrelevant to the decision to process further . </em>
$
Sales revenue after the split off point (Product C) 58
Sales revenue at the split-off point (Product B <u> 33</u>
Additional sales revenue per unit 25
Further processing cost <u> (25)</u>
Differential cost of Product C <u> 0</u>
Differential cost of producing Product C = $0
<em>
Note that the cost incurred up until the split off point was not included because it is Irrelevant to the decision to process further. It has already been incurred , hence it is a sunk cost</em>