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Nina [5.8K]
4 years ago
7

A major reason why it is difficult to lower the barriers to free trade is A. the loss of jobs without any gain of jobs from free

trade. B. the uneven distribution of gains and losses from free trade. C. that total benefits are less than total costs from free trade. D. the inability to compensate losers from free trade. E. that the barriers allow us to compete with cheap foreign labor.
Business
1 answer:
Thepotemich [5.8K]4 years ago
6 0

Answer:

B) the uneven distribution of gains and losses from free trade.

Explanation:

One of the most important reasons why governments impose trade barriers is to protect domestic jobs (and domestic industries). We are part of a society (country), and society's most important component is people, not money. Generally the economic gains of free trade are larger than the economic losses, but the economic losses hurt the most.

Imagine if no trade barriers actually existed, how many millions of jobs would be lost in the US. Trade barriers are nothing new, the current president didn't invent them. He just incinerated them.

How does a leader tell the people that 10 or 20 million must lose their jobs and probably will not be able to find any similar jobs in the future just because the rest of society will benefit from cheaper products. The lives of 20 million households (50-80 million people) would be destroyed, while 280 million people would benefit.

The amount of harm done to the people that lose their jobs is much greater than any individual benefit.

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Aleks [24]

Answer:

C. Psychographic

Explanation:

There are several ways to segment a market. The criteria to be used should serve to predict the behavior of the buyers.

Of the different criteria, psychographic behavioral variables are used when buying behavior is related to the personality or lifestyle of consumers, since they have different preferences and respond differently to offers.

In other words, people are grouped according to their lifestyle, activities, interests and opinions.

8 0
3 years ago
pet products inc. manufactures two products, cat bowls and dog bowls, from a joint process. cat bowls are allocated 50% of the t
Rufina [12.5K]

The difference in operating income between processing the cat bowls further versus selling them off at the split-off point is -$1,920.

<h3>What is operating income?</h3>

Operating income is the adjusted revenue of a business after all operating costs and depreciation have been taken into account. The charges incurred to maintain the operation of the business are known as operating expenses.

Calculating the operational income difference:

After additional processing, sales income (1000*14) 14000

At the split-off point, sales revenue (1000 x 11) 11000

3000 in additional revenue

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Increased revenue (loss) -1920

Operating income (loss) difference = -1920

The ability of your company to make money from its operational activities is demonstrated by operating income. The operating income figure is frequently used by business owners to assess the operational success of their enterprise. Potential creditors and investors might be interested in your company's operating income.

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8 0
1 year ago
Hal Gore won a $2.1 million prize for special contributions to environmental research. This prize is awarded for public achievem
ioda

Answer:

1.53 Million

Explanation:

The reason is that the Environment Protection Agency is a qualified organization and donations made to qualified organization are allowable expense under the US tax rules, so the gross income will include a net amount which is the actual amount left for Hal Gore and which is $1.53 million ($2.1 m - 0.57).

8 0
4 years ago
A friend asks to borrow $ 50 from you and in return will pay you $ 53 in one year. If your bank is offering a 5.7 % interest rat
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Answer:

52.85 / 50.14 / yes

Explanation:

the key to answer this question is to understand the logic of present values / future values:

FV=PV*(1+i)^{n}

PV=FV*(1+i)^{-n}

where FV is future value, PV is the present value, i is the periodic interest rate and n is the number of periods. So applying to this particular problem we have:

a. if we deposit today 50, we are been asked to calculate the future value, so:

FV=50*(1+0.057)^{1}

FV=52.85

b.if we want to have 53 in one year, we are been asked to calculate a present value:

PV=53*(1+0.057)^{-1}

PV=50.14

c. is clear that is better to borrow to the friend because in one year he will pay more than bank

4 0
3 years ago
Loptech, a technology firm, wants to issue bonds for investment purposes. Loptech has one of the best credit ratings in the indu
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Answer:less than 5% or equal to 5%

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Due to it's high credit rating the populace will have confidence in him and it will not need to increase it's rate to attract investors.

This is similar to a government issuing treasury bill which rate of return will be less than the banks or other similar institution

5 0
3 years ago
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