1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
olga2289 [7]
3 years ago
7

The main purpose of most tariffs and quotas is to

Business
1 answer:
jeka943 years ago
5 0

Answer: The main purpose of most tariffs and quotas is to reduce the foreign competition that domestic firms face.

Explanation: A tariff is a tax on imports and a quota is the quantity imported that is allowed. By putting a tax and quantity limit on imports, the United States is hoping to make more room for domestic products to be bought and sold. When items are imported from other countries, even with the tax they are usually cheaper than making them in house. By imposing the tax, they are trying to offset the cheap labor and make the items in the domestic country have a fighting chance. This is also said about quantity limit, if there wasn't a quantity on what may be imported, there would be too few firms able to compete.

You might be interested in
The firm receives an average of $20,000 in checks per day. The weighted average delay in clearing the checks received is 3 days.
katrin [286]

Answer:

<u>$26000</u>

Explanation:

from the question;

check per day; 20000

delay: 3 days

checks to pay suppliers; 17000

clearing time 2 days

<u>we first calculate collection flaot:</u>

collection flaot = average amount of check x outstanding days

= 20000 x 3

= 60000

now we have to calculate <u>disbursements float:</u>

average amount of check x days to clear

= 17000 x 2

= 34000

with these two values we can get the net float

= collection flaot - disbursements float

= 60000 - 34000

= <u>$26000</u>

5 0
3 years ago
Review 4: AIMS Science Practice
Zolol [24]

Answer:

  • <u><em>D. It has both good and bad effects, but we can't always predict what those are.</em></u>

<u><em></em></u>

Explanation:

Of course,  ethics mandates that the target of science and <em>new technology </em>should always pursue the good for humans; nevertheless, since time immemorial man has developed technology to make war. Thus, definetely, the first statement <em>"A It always does good for human"</em> is false.

Some other negative effects of <em>new technology</em>, like cars and nuclear power, have been harmful to the environment, but you cannot tell that this has always been so. Technology has also been developed to help the environment. For instance, panels to use solar energy do not harm the environment and seek to reduce fuel burning to help the environment. Thus, option <em>B, "It always ends up doing harm to the environment"</em> is false too.

Some of the damage that new technology can produce are not predicted both because the technology is new and because it may be used with different goals to those it was developed. This explains why option <em>C, It has many bad effects</em>, is false, and option <em>D, "It has both good and bad effects, but we can't always predict what those are", </em>is true.

5 0
3 years ago
Suppose that many people who earn a living raising cows decide they can make more money selling t-shirts and switch occupations.
zimovet [89]

Answer:

B. There will be a decrease in supply.

Explanation:

The switch would cause the amount of cow rearers to fall. The amount of cow available would fall and there would be a decrease in the supply of beef.

I hope my answer helps you

5 0
3 years ago
Choosing products that do not harm the environment and gathering information about a product's quality are examples of _____.
Nady [450]

Answer:

consumer responsibility.  This is when consumers purchase goods that would not harm the environment or would not be hazardous to one’s health.  They make healthy and environment-friendly choices in buying items that they need.  These are usually people who are concerned about what they buy and how it would affect not only them but the area surrounding them.

4 0
2 years ago
The manager of a 100-unit apartment complex knows from experience that all units will be occupied if the rent is $900 per month.
Aliun [14]

Answer:

$950 in order to maximize the revenue.

Explanation:

The computation of monthly rent in order to maximize revenue is shown below:-

R (x) = Rent price per unit × Number of units rented

= ($900 + $10 x) × (100 - x)

= $90,000 - 900 x + 1000 x - 10 x^2

R (x) = -10 x^2 + 100 x + $90,000

Here to maximize R (x), we will find derivative and equal it to zero

R1 (x) = -20 x + 100 = 0

20 x = 100

x = 5

Therefore the monthly rent is p(5) = $900 + 10(5)

= $900 + 50

= $950 in order to maximize the revenue.

3 0
3 years ago
Other questions:
  • Argon Chemicals had a total overhead amount of $47,200 during the month of June. Of that total, 58% was related to the factory,
    11·1 answer
  • The basic principles of economics suggest that_________.
    15·1 answer
  • True or false. the consumer sector is the largest part of the macroeconomy.
    5·1 answer
  • A popular airline knows that, in general, 95% of individuals who purchase a ticket for a 10-seat commuter flight actually shows
    6·1 answer
  • There's a large number of bakeries in the United States and each of these bakeries produces similar, but not identical, products
    7·1 answer
  • Which of the following scenarios is an example of monopolistic competition?
    6·2 answers
  • On January 1, Hillcrest Co. acquired a 40% interest in Preston, Inc. with the excess of purchase price over book value solely at
    8·1 answer
  • You lend a friend ​$​, which your friend will repay in equal annual​ end-of-year payments of ​$​, with the first payment to be r
    11·1 answer
  • Erin spent $25, $36, $18, and $42 on lunch in the last four
    11·1 answer
  • References that employers trust for the most accurate reporting include _____. a. friends b. relatives c. counselors d. parents
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!