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
Inga [223]
3 years ago
14

Question 16 of 25

Business
1 answer:
Sveta_85 [38]3 years ago
8 0

Answer: B. Foreign cars become more expensive.

Explanation: The tariff slapped on imported goods such as cars and other foreign commodities will raise the overall cost of the product on the side of the seller and definitely the final selling price of such product to the consumers. This is used to raise revenue for the government and also to encourage the manufacture, adoption and support for locally manufactured products. Locally manufactured substitute will tend to be cheaper and the additional tariff may put importers and consumers off, and hence settle for cheaper locally made alternative.

You might be interested in
Happy Home Products produces detergents, toothpaste, bar soap, disposable diapers, and paper products. This company has a produc
ELEN [110]

Answer:

Width

Explanation:

According to my research on the different terminology used by Retail companies in manufacturing, I can say that this company (Happy Home Products) has a product width of five lines. Product Width is defined as the number of separate product lines offered by a certain company. In the case of Happy Home Products the product width would be detergents, toothpaste, bar soap, disposable diapers, and paper products.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

5 0
3 years ago
A major casual dining chain decided to install tablet computers at the booths in their restaurants. Customers can now browse the
neonofarm [45]

<u>Answer:</u> They can best be classified as structurally unemployed.

<u>Explanation:</u>

Unemployment which has resulted because of the change in technology that is implemented in a business can be called as the structural unemployment. The skills demanded by the employers differs from the skills offered by the workers.

The casual dining has replaced the employees with tablets which is cost beneficial for the business. The employees who have lost their jobs due to technological change at workplace is called as structural unemployment. Here the casual dining is said to have industrial reorganization for various benefits.

3 0
4 years ago
Nicki paid $900 for a camera that she thought was worth $1100 for all the features included in it. for the consumer electronics
FinnZ [79.3K]

Consumer surplus is difference between the amount that consumers are willing and able to pay for a good or service

In this case, Nicki is willing to pay $1,100 for the camera, but she is only asked to pay 900. So Nicki has a consumer surplus of $200

7 0
3 years ago
An organic farmer has identified three distinct groups that might be interested in his products: vegetarians, health-conscious i
Firlakuza [10]

Answer:

The correct answer is b) market segments.

Explanation:

A market segment is a group of consumers, it is mostly homogeneous either by certain characteristics or by their needs, which are identified as a market that presents similar desires or buying habits and that would potentially respond similar to the strategy developed by the marketing mix.

Through market segmentation you will be able to identify the segment to be served and establish the strategy to achieve it. At the time of segmenting the market you can do so by responding to the strategy you wish to apply:

  • Differentiated: taking into account that the segment to be attended is heterogeneous and the product or service to be offered is built to meet the particular needs of each client.
  • Undifferentiated: based on the needs that the group commonly responds. Here the product or service satisfies each client corresponding to the indicated segment in the same way.
  • Concentrated: it is the most specialized strategy of the three. The idea here is to concentrate efforts in the segment where a strong comparative advantage is achieved.
3 0
3 years ago
Why does a surplus exist under a binding price floor? It encourages sellers to produce less of the product. It encourages buyers
lapo4ka [179]

Answer:

The correct answer is it makes price higher so demand falls, creating excess supply.

Explanation:

In a price floor, their is a floor limit on price. The price level cannot go below this limit. At high price the consumers will demand less, following the law of demand. While the suppliers will supply more, following the law of supply.

So, the supply will be greater than demand creating surplus quantity in the market.

3 0
3 years ago
Other questions:
  • Owen Conner works part-time packaging software for a local distribution company in Indiana. The annual fixed cost is $10,000 for
    14·1 answer
  • Smith Company manufactures washing machines in their own facility. They sell them to stores like Best Buy and Lowes for ultimate
    7·1 answer
  • If the quantity of loanable funds demanded exceeds the quantity of loanable funds supplied______________.
    7·1 answer
  • According to the book, economic analyses become more complex when a firm enters overseas markets because, unlike the situation f
    8·1 answer
  • Pls help!!!!!!! Quickly please!!!
    15·2 answers
  • Peaceful home provides​ house-sitting for people while they are away on vacation. Some of its customers pay immediately after th
    15·1 answer
  • Patents A. always increase total welfare. B. are a form of trade secret. C. reduce deadweight loss. D. create monopoly power.
    7·1 answer
  • There is a goose that lays golden eggs, one each year, arriving at the end of the year. Each egg weighs one pound. The price of
    6·1 answer
  • Which of the marketing mix elements corresponds to what the buyer gives up in the marketing exchange?.
    8·1 answer
  • The difference between the price that a dealer is willing to pay and the price at which he or she will sell is called the?
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!