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lana [24]
3 years ago
8

When a tariff is imposed on a​ foreign-produced product, domestic producers receive a​ ________ price and domestic consumers pay

a​ ________ price for the product.
Business
1 answer:
Fittoniya [83]3 years ago
7 0

Answer: decreased , lesser .

Explanation:

Tariffs are used to restrict imports by increasing the price of goods and services purchased from another country, making them less attractive to domestic consumers . Governments may impose tariffs to raise revenue or to protect domestic industrie especially from foreign competition.

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0.71 points eBookPrintReferences Check my work Check My Work button is now enabledItem 2Item 2 0.71 points Kerianne paints lands
Misha Larkins [42]

Answer:

$300

Explanation:

Based on the information given we were told that Kerianne paints placed four paintings that include a retail price of the amount of $300 for each of the four paintings in the Holmstrom Gallery which simply means that the amount of revenue with respect to the four paintings that Kerianne paints will recognize in the year 2021 will be the amount of $300.

8 0
3 years ago
What conclusion about state and local spending responsibilities can be drawn from the chart?
Over [174]

where is the chart? and what chart?

6 0
3 years ago
Read 2 more answers
The following selected transactions were completed during July of the current year: July 1 Billed customers for fees earned, $72
mixer [17]

Answer:

a. Journal Entries:

July 1 Debit Accounts receivable, $72,960

Credit Fees Earned $72,960

To record fees earned.

July 4 Debit Supplies $1,900

Credit Accounts payable $1,900

To record supplies purchased on account.

July 8 Debit Cash $65,960

Credit Accounts receivable $65,960

To record cash received from customers on account.

July 11 Debit Accounts payable $840

Credit Cash $840

To record payment to creditors on account.

Cash

Date     Account Titles            Debit     Credit

July 8  Accounts receivable $65,960

July 11 Accounts payable                      $840

Supplies

Date     Account Titles            Debit     Credit

July 4   Accounts payable    $1,900

Accounts Receivable

Date     Account Titles            Debit     Credit

July 1   Fees Earned           $72,960

July 8  Cash                                      $65,960

Accounts Payable

Date     Account Titles            Debit     Credit

July 4   Supplies                                   $1,900

July 11   Cash                          $840

Fees Earned

Date     Account Titles            Debit     Credit

July 1    Accounts receivable            $72,960

c. If the unadjusted trial balance on July 31 shows a credit balance for Accounts Receivable, it means that an error has occurred, unless the cash received from customers on account exceeds the debit balance on the Accounts receivable.  This will mean that some customers paid in advance for services not yet rendered.  This credit balance needs to be transferred to the Deferred Revenue account.

Explanation:

a) Data and Calculations:

July 1 Accounts receivable, $72,960 Fees Earned $72,960

July 4 Supplies $1,900 Accounts payable $1,900

July 8 Cash $65,960 Accounts receivable $65,960

July 11 Accounts payable $840 Cash $840

3 0
3 years ago
The toxic condition caused by excessive waste products in the bloodstream is known as.
AVprozaik [17]

Answer:

uremia or uremic poisoning

Explanation:

8 0
2 years ago
Lasting Summer Inc. has $2,510 in the October 1 balance of the accounts receivable account consisting of $1,060 from Champion Co
Feliz [49]

Answer:

Explanation:

REVENUE JOURNAL

DATE. DES. NO. DR. CR

3 Oct. Palace 622. $2,890

8 Oct Sunny. 623. $1,940

18 Oct Amex. 624. $2,970

28 Oct Wayfarer 625. $900

30 Oct. Rogers. . $120

Total revenue. $8,820

Less pmt in the month $3,010

Amount receivable. $5,810

Account receivable

Date. Description. Dr. Cr

1 Oct. Bal b/f. $2,510

3 Oct. Palace $2,890

5 Oct. Champion. $1,060

8 Oct Sunny. $1,940

12 Oct. Wayfare. $1,450

18 Oct Amex. $2,970

23 Oct. Palace. $2,890

28 Oct Wayfarer $900

Balance c/d. $5,810

7 0
3 years ago
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