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Zepler [3.9K]
3 years ago
10

A rule that every imported product must be opened by hand and inspected with a magnifying glass, by one of just three government

inspectors available at any given time might be referred to as __________________.
Business
1 answer:
dybincka [34]3 years ago
8 0

Answer:

non-tariff barrier

Explanation:

The non-tariff barrier refers to the barrier with respect to trade in which it restricts the import and export of goods and services with the help of methods that do not include the tariff imposed. It also excludes the custom tariff

As in the given situation, it is mentioned that one of the government inspectors inspected i.e available at the given period of time in case of imported goods

Therefore this situation represents the non-tariff barrier

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Suppose that Japan can produce 5 cars in 8 hours and 15 HD TVs in 10 hours. The US can produce 5 cars in 6 hours and 15 TVs in 5
ICE Princess25 [194]

<u>Answer:</u>

<u>If there is 1 hour of production:  </u>

Cars produced by Japan = 5/8 = .625 cars  

HD TV produced by Japan = 15/10 = 1.5 HD TVs

Further,

Cars produced by US = 5/6 = .83 cars

HD TV produced by US = 15/5 = 3 HD TVs

So,

Opportunity cost of a car for Japan = 1.5/.625 = 2.4 units of HD TVs

Opportunity cost of car for US = 3/.83 = 3.61 units of HD TV

Since, Japan has lower opportunity cost of producing cars, so Japan has comparative advantage in producing cars.

Opportunity cost of a HD TV for Japan = .625/1.5 = .42 units of car

Opportunity cost of a HD TV for US = .83/3 = .28 units of car

Since US has lower opportunity cost of producing HD TVs, so US has comparative advantage in producing HD TVs.

7 0
3 years ago
2. You're interested in the proportion of students in your school who favor the elimination of a local curfew on teenagers. Assu
lara [203]

Answer: The minimum number of students you need if you want the margin of error to be 5% IS 278.

Explanation:

Cochran’s Sample Size Formula gives the minimum number of students as n= \frac{z^{2}pq }{e^{2} }

Where:

   e is the desired level of precision (i.e. the margin of error),

   p is the (estimated) proportion of the population which has the attribute in question and q is 1 – p.

The z-value  for 95% confidence interval is found to be 1.96 in a Z table.

Assuming that half of the teenagers favor the elimination of a curfew: this gives us maximum variability. So p = 0.5 and q=0.5.

Then n= (\frac{1.96^{2}*0.5*0.5 }{0.05^{2} } )

n= frac{0.9604}{0.0025} }

n= {384.16 }

Rounding up, n= \frac{385 }

But considering that 1000 is a small population,  we can modify the sample size we calculated above formula by using this equation:

s = \frac{n}{1 + \frac{n - 1}{N} }

Where s is the adjusted sample size, n is the original sample size we calculated and N is the population size.

s = \frac{385}{1 + \frac{385 - 1}{1000} }

s = \frac{385}{1 + \frac{384}{1000} }

s = 278

8 0
4 years ago
Evelyn took out a car loan for $16,125 that has a 0% APR for the first 14 months and will be paid off with monthly payments over
Sidana [21]
She will be charged interest for 58 months
6 0
4 years ago
Choose the term that best matches the description given.
ivanzaharov [21]

Answer:

I think it's common terms of reference

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3 years ago
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​____ include setting objectives in concrete, adjusting the size of the sales force to meet changes in the firms' marketing plan
NemiM [27]
<span>Major sales management tasks include setting objectives in concrete, adjusting the size of the sales force to meet changes in the firms' marketing plan and the marketing environment, attracting and hiring effective salespersons, developing a training program, formulating a fair and adequate compensation plan, motivating salespersons to keep productivity high, defining sales territories and determining scheduling and routing of the sales force, and evaluating the operation holistically.

These are the tasks that sales managers are typically given in their role. Though they can vary depending on company and how many people they have to help and delegate tasks to, this is a good guideline of their common roles.</span>
4 0
3 years ago
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