A Tariff basically means any type of tax imposed on an imported goods.
<h3 /><h3>What is a tariff?</h3>
It means any duty imposed on class of imports or exports which are used as source of revenue known as taxation for the government.
<h3>What is a Subsidy?</h3>
This refers to the money given by government to local companies to reduce their costs and to keep prices low
<h3>What is a Quota?</h3>
This refers to the trade restriction that limits the number or monetary value of goods that a country can import or export
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Answer:
The cross elasticity of good X 5%, divide 10% of change in demand from the 2% of price increase in good Y.
The two goods are SUBSTITUTE Goods.
Explanation:
In substitute goods, when the price of one good increases, people start using less of that good and move onto use cheaper other goods that can be used instead of that good.
No, it is not reasonable or logical for
a firm to grow indefinitely at a rate higher than its required return. Such a theoretical
stock would become so large that it would ultimately go beyond the whole
economy. However for a very short period of time, the rate could possibly be
higher than the required return especially when the firm is performing
excellently.
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Answer:The answer is a
Explanation:
A contract is an agreement between two or more parties which contains the terms and conditions of the contract and which also serve as an evidence that the two parties in the contract has a duty to perform to each other. The terms and conditions of the contract can be enforced in the court of law in case of a breach of contract which may come from either parties in the contract agreement. While, a contract interference is a kind of breach of contract in which one vendor put a pressure on the organization in which they offer service to withdraw from the contract the organization earlier had with one of their competitors in the market. This contract interference can occur when a vendor either force or put a financial inducement on the organization with a view to make them consider their proposal to the organization to eventually agree to abandon the contract they had with their competitors in favour of getting the contract instead of their competitors who should get the contract.
Therefore, from what we can deduce from the question under review, it is clear that A plus linen has engage in contract interference by offering John C Lincoin hospital $5 for every 100 pound of linen they send to them by dropping their current linen service.
Answer:
Accounts receivable
Explanation:
Accounts receivable is the money owed by a company to its debtors. They are usually legal payments for goods and services procured in credit without paying for them.
- The franchise is treated as the debtor in this deal.
- Miller is owed an account receivable of $18000
- A common example is water and electricity bills.
- Such goods are supplied before they are paid for.
