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2 years ago

A monopoly firm's use of a tariff provides it with additional protection because the tariff:

1 answer:

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A monopoly firm's use of a tariff provides it with additional protection because the tariff reduces competition from imports by raising the import price.

Option C

Explanation:

A monopoly business is a price-maker, even through the amount, it generate it can control the market rate. When selling less and it can sell far less and can sell more and sell just because the price drops. when making less because it can sell more.

This is due to the fact that the tariff basically transfers the profits out of the international monopolist to the national government.

The monopolist's revenues are limited to an amount provided by the Horizontal stripe when the tax is introduced. Therefore, the tariff increases the total domestic social security as it reduces the profits of the foreign company.

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Firms engage in __________ when their intimate knowledge and expertise in one market allows them to offer customized marketing p

blagie [28]

Answer:

The correct answer is letter "C": market specialization.

Explanation:

After segmenting their market, companies tend to start their phase of market specialization with the information gathered in their research which is helpful to spot what the company's best segment of the market is based on age, gender, and consumer income. With that information, firms can drive their efforts toward producing a good or rendering a service that satisfies the needs of a specific group of them.

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2 years ago

At December 31, Gill Co. reported accounts receivable of $238,000 and an allowance for uncollectible accounts of $600 (credit) b

Firlakuza [10]

Answer: $7,740

Explanation:

Given, At December 31, Accounts receivable = $238,000

Allowance for uncollectible accounts = 3% of (accounts receivable)

∴ Allowance for uncollectible accounts = 3% of ($238,000 )

=$(0.03 ×238,000) [3% = 0.03]

= $ (7140)

= $7,140

Allowance for uncollectible accounts (credit) before any adjustments= $600

The amount of the adjustment for uncollectible accounts = Allowance for uncollectible accounts + $600

= $7,140 + $600

= $7,740

Hence, The amount of the adjustment for uncollectible accounts would be: $7,740.

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2 years ago

Most loans are paid back in __________ installments. a. daily b. weekly c. monthly d. yearly.

eduard

Pretty sure it’s C monthly

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1 year ago

Cosmos company on july 15 sells merchandise on account to cajon co. for $6,000, terms 2/10, n/30. on july 20 cajon co. returns m

faust18 [17]

On July 15, there is pending 6000 on the cash account.

Then on July 20, Cajon Co. returns the merchandise of 1000, so the pending cash decreases and now it is only 5000.

Afterwards, on July 24, Cajon paid for the merchandise. Since the credit terms is 2/10, 2 percent discount will be given if they paid within 10 days. So 5000 multiplied by . 02 = 100. 5000 - 100 = $4900 is the amount of cash received.

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2 years ago

You book a hotel online, and the registration process is clear and streamlined. This is an example of a(n) ______________ proces

sveticcg [70]

Answer:

The correct word for the blank space is: automated; high value to customers.

Explanation:

Most online operations nowadays are automated which implies not having an employee behind a computer to satisfy customers' needs since they are too basic that can be all processed with the use of a server. However, the automation does not imply consumers undervalue the help obtained. Otherwise, the automation helps the process be faster which ends up representing high value for most customers.

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2 years ago