Answer:
The correct answer is option B.
The price of good will fall.
Explanation:
An import quota can be defined as a quantitative restriction on the import of a product. It is a trade restriction imposed by the government that puts physical limits on the volume of products that can be imported into a country.
The imposition of import quota causes the quantity of imported products to decline, As the supply of products gets reduced. The price of a product increases because of the leftward shift in the supply curve.
Answer:
C. Decreasing the amount of inventory on hand and increasing sales.
Explanation:
Answer:
C. typical, because most door-to-door salespeople are self-employed.
Explanation:
Army-Jo can be classified as a small scale retailer. It is normal for entrepreneurs with businesses with the same classification to conduct door-to-door by themselves.
A majority of salespersons who do-to door sales are self-employed. As a business doing do-to-door selling is much profitable because of reasons such as
- Selling door to door eliminates the need for a store, which is expensive to establish.
- Hiring a good salesperson is expensive due to the wages involved.
- Door-to-door is less costly. Only time expense is incurred.
Second Reasoning Is The Correct Response.
A brief collection period on average.
An efficient administration of accounts receivable and a strict credit policy, both of which enable the company to fulfil its immediate responsibilities, are suggested by a short average collection period.
<h3><u>What does it signify if the average collecting period is shorter?</u></h3>
- A business's liquidity is increased by a shorter average collection time (60 days or less), which is often preferred. The receivables turnover ratio, another liquidity indicator, is calculated using the average collection period as well.
<h3><u>What is a company's typical collecting period?</u></h3>
- A company's average collection period of 30 days shows that it typically takes customers who buy goods or services on credit 30 days to pay off outstanding accounts receivable.
To Learn more about Company Collection period, Click the link.
brainly.com/question/17042471
brainly.com/question/15304439
#SPJ4