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prisoha [69]
3 years ago
12

Assume there is a 35% tariff on bananas imported into the United States. Also, assume that the market competition is at its begi

nning and the law of one price is not in effect. If the domestic market price of Hawaiian bananas is one dollar per bunch, imported bananas will sell for________.
a.$1.00/bunch.
b.$0.35/bunch.
c.$0.65/bunch.
d.$1.65/bunch.
e.$1.35/bunch
Business
1 answer:
oee [108]3 years ago
4 0

Answer:

E) $1.35/bunch

Explanation:

In this case, to calculate the cost of imported bananas all we have to do is multiply the cost of domestic bananas by 135%.

This is not how it works in real life. Usually foreign products pay tariffs according to their FOB values, they don't use the local market values as reference values. That is the reason why imported goods can negatively affect domestic industries since some foreign markets are able to produce much cheaper products than American industries. Even if you add the import tariffs some foreign products may still be much cheaper than domestic products.

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The straight-line depreciation method and the double-declining-balance depreciation method: A. Produce the same depreciation exp
Artemon [7]

The relationship between the straight-line and double-declining-balance method is that they D. Produce the same total depreciation over an asset's useful life.

<h3>How are the straight-line and double-declining-balance methods related?</h3>

While they do not produce the same depreciation every year, they will eventually depreciate an asset in the same way overtime.

What this means is that both methods will depreciate an asset by the same amount at the end of the asset's life. However, the depreciation amounts will vary by method on an annual basis.

In conclusion, option D is correct.

Find out more on depreciation methods at brainly.com/question/26948130.

6 0
2 years ago
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Answer:

Explanation:

1. True

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Fraud and theft of assets can be easily perpetrated and covered up when an individual combines the role.

2. False

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3.True

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4.False

Separating the responsibility for a transaction between two or more individuals or departments is a major way of preventing creation of fictitious invoices and payment as it could have easily be detected if different individuals are involved in approval and payment of invoices.

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3 years ago
Everything else held constant, an increase in uncertainty on business will_____ the required rate of return on its stock and ___
wlad13 [49]

Answer:

the answer is C

Explanation:

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