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Firlakuza [10]
3 years ago
14

The effects of tariffs and quotas are: a(n) __________ in the prices of imported goods to domestic consumers, and a(n) _________

_ in imports.
Business
1 answer:
jeyben [28]3 years ago
6 0

Answer:

Increase

Reduction

Explanation:

A tariff is a tax on import or export of goods and services.

Tariffs increases the prices of products and thus reduce the amount of imports.

Quotas is when the government or an agency of the government limits the amount of goods and services that can be imported or exported.

Due to the reduced inflow of goods due to quotas, the price of goods imported would rise.

I hope my answer helps you

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Holdt Inc. produces and sells a single product. The selling price of the product is $230.00 per unit and its variable cost is $6
katovenus [111]

Answer:

A. $1,300 units

Explanation:

Data provided

Fixed expenses = $212,290

Product price = $230.00

Variable cost = $66.70 per unit

The calculation of  break-even in monthly unit sales is shown below:-

Unit sales to break even = Fixed expenses ÷ Unit Contribution Margin

= $212,290 ÷ ($230.00 per unit - $66.70 per unit)

= $212,290 ÷ $163.30 per unit

= $1,300 units

Therefore for computing the units sales to break even we simply applied the above formula.

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Explanation:

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Anna35 [415]
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4 years ago
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Trade policies Group of answer choices alter the trade balance because they alter imports of the country that implemented them.
a_sh-v [17]

Answer:

do not alter the trade balance because they cannot alter the national saving or domestic investment of the country that implements them.

Explanation:

Trade policy explains rules, regulations, and standards that are relevant to trade relations between two countries. Trade policy is also called the Commercial policy.

Trade policies do not alter the trade balance because they cannot alter the national saving or domestic investment of the country that implements them.

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3 years ago
Which of the following is correct? Question 2 options: Short run fluctuations in economic activity happen only in developing cou
Darya [45]

Complete Question:

Which of the following is correct?

a. Short run fluctuations in economic activity happen only in developing countries.

b. During economic contractions most firms experience rising profits.

c. Recessions come at irregular intervals and are easy to predict.

d. When real GDP falls, the rate of unemployment generally rises.

Answer:

d. When real GDP falls, the rate of unemployment generally rises.

Explanation:

Real Gross Domestic Products (GDP) measures economic activity and income in a particular country.

Consequently, when real Gross Domestic Products (GDP) falls, the rate of unemployment generally rises because the total market value of goods and services in that country has fallen.

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