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Fantom [35]
3 years ago
12

A tariff is a tax on exported goods. a. True b. False

Business
1 answer:
iren [92.7K]3 years ago
5 0
FALSE. A tariff is NOT a tax on EXPORTED GOODS. 

It is a tax on imported goods. Tariffs and quotas are imposed on imported goods not only to increase the revenue of the country but to also protect domestic companies in the same industry as the importers.


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Answer:

The algebraic formulation of the constraint is 4X+2Y ≤ 100

Explanation:

The algebraic formulation of the constraint is shown below:

Given that

The number of hours taken per unit of x is 4 hours

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Now based on the above information

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Answer:

. shows the various amounts of real output that businesses will produce at each price level

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