Answer:
The options for this question are the following:
a. an exchange rate
b. a quota
c. a boycott
d. a dumping law
e. a tariff`
The correct answer is b. a quota
.
Explanation:
Import quotas are tools that countries have when it comes to limiting the physical quantity of a product that can be imported into their territories.
Within the different methods of control of foreign trade that a State has, there is the adoption of import quotas.
Therefore, this economic mechanism of trade restriction therefore supposes the application of limits of units or maximum weight of product that it is possible to import during a determined period of time.
Introducing this type of commercial measures is perfectly compatible with the introduction of others simultaneously. That is, a government can establish quota-based import trade strategies and set tariffs, for example.
Answer:
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Explanation:
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Answer:
The total sales of a product, by all competitors in the industry, is:____
e. lowest in the market introduction stage.
Explanation:
The product life cycle refers to the time period when a product is first introduced to a market until it exits the market. There are four main stages in a product life cycle. They include introduction, growth, maturity, and decline. It is during the introduction phase that the total sales are lowest. The low sales are witnessed again during the latter stage of decline. The highest sales are achieved during the maturity stage.
The set of business processes, culture,
and behavior required to obtain value from investments in information systems
is one type of organizational and management capital.
To add, an organizational
capital<span> is the value
to an enterprise which is derived from organization philosophy
and systems which leverage the organization's capability in
delivering good or services.</span>
Answer:
1. $1,160,000
2. $534,600
Explanation:
1. Computation for the amount of total dollar sales
Using this formula
Total dollar sales=Fixed costs plus pretax income / Contribution margin ratio
Let plug in the formula
Total dollar sales=$626,400 / 54%
Total dollar sales =$1,160,000
($266,000+$360,400=$626,400)
Therefore the amount of total dollar sales is $1,160,000
2.Computation for the amount of total variable costs.
Sales $1,160,000
Less:
Fixed costs ($265,000)
Pretax income ($360,400)
Variable costs $534,600
Therefore the amount of total variable costs is $534,600