1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
STALIN [3.7K]
3 years ago
13

Who gains and who loses when a country imposes a tariff or a quota on imports of a​ good? Suppose the United States imposes a

tariff or quota on sugar imports. For each of the​ following, enter the letter G if it will gain from the tariff or quota or enter the letter L if it will lose from the tariff or quota. Domestic sugar producers and their workers ▼ G L Consumers ▼ G L Industries that use sugar and their workers ▼ G L The U.S. economy ▼ G L
Business
1 answer:
nikklg [1K]3 years ago
7 0

Answer:

  1. Domestic sugar producers and their workers GAIN because they can sell their products at higher prices and therefore make higher profits.
  2. Consumers LOSE because they will pay a higher price for sugar and other products that use sugar as a key input, e.g. candy
  3. Industries that use sugar and their workers LOSE because they need to pay higher prices for a key input like sugar.
  4. The U.S. economy LOSE because it reduces jobs in other industries that use sugar as a key input, e.g. candy industry, bakeries, pharmaceuticals, beer brewers, etc. (a lot of industries use sugar in their manufacturing processes). When jobs are reduced, the whole economy suffers since consumption falls and social costs increase.

You might be interested in
It is less important to account for factors like warranties and durability when purchasing a
shepuryov [24]
Long-term product or b
4 0
3 years ago
Read 2 more answers
Karen is designing a process for issuing checks and decides that one group of users will have the authority to create new payees
Nataly [62]

Answer:

D. Separation of Duties

Explanation:

Separation of duties also know as segregation of duties refuses that one person he responsible of acquisition of assets, their custody and related record keeping. The process in which Karen is using to prevent fund by separating individuals who as the authority to issue checks is known as separation of duties. It is a form of internal control aimed at reducing risk of errors and frauds.

4 0
2 years ago
The Converting Department of Hopkinsville Company had 640 units in work in process at the beginning of the period, which were 70
pav-90 [236]

Answer:

Whole units 14,320

Direct materials equivalent units 13,680

Conversion costs equivalent units 13,332

Explanation:

Calculation to Determine the number of equivalent units of production with respect to direct materials and conversion costs.

Hopkinsville Company Number of Equivalent Units of Production

WHOLE UNITS

Inventory in process, beginning 640

Started and completed 12,960

(13,600-640)

Transferred to Packing Department 13,600

(640+12,960)

Inventory in Process ending 720

Total 14,320

(13,600+720)

DIRECT MATERIALS EQUIVALENT UNITS

Inventory in process, beginning 0

Started and completed 12,960

(13,600-640)

Transferred to Packing Department 12,960

Inventory in Process ending 720

Total 13,680

(12,960+720)

CONVERSION EQUIVALENT UNITS

Inventory in process, beginning 192

[640-(640*70%)]

Started and completed 12,960

(13,600-640)

Transferred to Packing Department 13,152

(192+12,960)

Inventory in Process ending 180

(720*25%)

Total 13,332

(13,152+180)

6 0
2 years ago
Alejandro was reprimanded for an accounting error by his boss in front of his co-workers. Alejandro gets home from his job and y
aev [14]

Answer:

displacement

Explanation:

Displacement is a psychological defense mechanism where the person redirected the emotion in a negative way via from the real source to the lower threatening receipt

As in the given situation, the husband yells his wife and then wife yells her children so this represent that they use the defense mechanism i.e. displacement

4 0
2 years ago
The stock price of Baskett Co. is $53.40. Investors require a return of 12 percent on similar stocks. If the company plans to pa
Gemiola [76]

Answer:

Growth Rate = 5.73%

Explanation:

The present value of stock formula can be used here to solve this problem.

The formula is:

P_0=\frac{Div_1}{r-g}

Where

P_0  is the current stock price

Div_1  is the dividend to be paid next year

r is the rate of return required

g is the growth rate expected

Now, the first 3 variables are given, we need to find g. Substituting, we find our answer:

P_0=\frac{Div_1}{r-g}\\53.40=\frac{3.35}{0.12-g}\\53.40(0.12-g)=3.35\\6.408-53.40g=3.35\\53.40g=3.058\\g=0.0573\\

In percentage, it is

<u>Growth Rate = 5.73%</u>

7 0
2 years ago
Other questions:
  • On December 31, 2012, Albacore Company had 300,000 shares of common stock issued and outstanding. Albacore issued a 10% stock di
    8·1 answer
  • The goal of the army family team building program is to assist family members of soldiers by
    6·1 answer
  • During 2018, Angel Corporation had 900,000 shares of common stock and 50,000 shares of 6% preferred stock outstanding. The prefe
    10·1 answer
  • At her job of grooming horses, Polly Yaskovich worked 8 hours a day on Monday and Tuesday earning $67 each day. On Wednesday, sh
    10·1 answer
  • If a regulator sets price where P = AC for a natural monopoly, output will be A. less than the competitive level and greater tha
    8·1 answer
  • Help for 10 stars pls . how can i make money eficently if i cant run a lemonade stand or do chores
    6·1 answer
  • The IMF projects that​ China's real GDP per person will be​ 57,163 yuan in 2017 and​ 60,334 yuan in 2018 and that​ India's real
    13·1 answer
  • Under what conditions does servant leadership fail to have a positive impact on followers?
    10·1 answer
  • In Mexico each unit of resource can produce either one professional computer or 3 computer games. Mexico has 30 units of this re
    6·1 answer
  • May 24 Sold merchandise on account to Old Town Cafe $18,450. The cost of goods sold was $11,000.
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!