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3 years ago

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.

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Which of the following statements regarding the opportunity cost of producing potatoes and the production possibilities frontier

Temka [501]

Answer: A. The island of Atlantis has an increasing opportunity cost of producing potatoes and the production possibility frontier is bowed outward.

Explanation:

When there is an increasing opportunity cost of producing a good, the Production Possibilities Frontier (PPF) will be bowed out to represent that as more of the good is being produced, more of another good is being given up to do so.

For the island of Atlantis therefore, as they produce more of potatoes, they are giving up being able to produce whatever more and more of other goods they produce which is therefore leading to a PPF that is bowed outward.

8 0

3 years ago

During the current month, the Acme company had receivables of $16,590. It also had outgoing expenditures of $12,730. The company

andreyandreev [35.5K]

Answer:

$3,849.87

Explanation:

The change in balance is the net of the receipts and the payments.

The receipts include the receivables and the interest paid by the bank while the payments include the outgoing expenditure and bank charge.

Balance change

= $16,590 - $12,730 -$12.50 + $2.37

= $3,849.87

6 0

3 years ago

A ____________ is a strategy in which firms share some of their resources and capabilities to create economies of scope and is s

Alina [70]

Answer:

<em>c. Synergistic Strategic Alliance</em>

Explanation:

Synergistic Strategic Alliance is <em>a two-way partnership where both of them collaborate with each other and share their core competencies with one another to make their total output more than mutual individual outputs.</em>

Therefore, through synergistic actions, both companies turn their vulnerabilities into strengths and thus become more effective on the marketplace.

7 0

3 years ago

Which term is used for the period in the late eighteenth and early nineteenth centuries that witnessed increased agricultural pr

iragen [17]

Answer: The correct answer is "(C) The Industrial Revolution".

Explanation: The Industrial Revolution is the process of economic, social and technological transformation,

During this period the greatest set of economic, technological and social transformations in the history of mankind since the Neolithic period was experienced, which saw the transition from a rural economy based mainly on agriculture and commerce to an urban, industrialized and economic economy mechanized.

7 0

3 years ago

Mary's Cookies submitted an ad to the local newspaper with a coupon stating that a dozen cookies cost $2.99. The newspaper inste

ss7ja [257]

Answer:

b. Noise

Explanation:

Although there are other factors that may act as barriers to effective communication. However the most likely factor here is noise.

It is most likely that when Mary was stating that a dozen cookies cost $2.99, the newspaper staff was affected by noise coming from people or the printing press machines and thought he had heard $29.90.

3 0

3 years ago