Answer:
The correct answer is letter "D": limits the quantity of auto parts the U.S. car makers may buy from China.
Explanation:
Quotas reflect the limits on the number of goods that can be imported into or exported from a nation over a certain period. Countries make use of quotas to protect domestic industries. By imposing a cap on imported foreign goods it limits the supply of those goods and keeps prices up so that domestic businesses can still sell their goods at a higher price.
Answer:
B) The value of the ingredients that go into the home-cooked meal and the value of a five-dollar dinner at Burger Joint .
Explanation:
Opportunity costs can be defined as the cost for choosing one alternative investment or action over another.
If you choose to use the five dollar gift card, you are going to eat for free, although you might not enjoy that meal as much as your delicious home made dinner.
But if you choose to eat a delicious meal at home, you are going to lose the five dollars of the give card and will have to spend a certain amount of money in making the dinner. Those same ingredients could be used to prepare dinner tomorrow. That is your opportunity cost of eating at home.
Answer:
Letter A is correct.<u><em> At the competitive level.</em></u>
Explanation:
An <u><em>oligopoly</em></u> is a marketing structure that occurs when some companies come together to determine the supply of products or services.
In this type of market there is imperfect competition, where market control is exercised by few companies, capable of regulating the behaviors and market decisions of other companies.
Therefore in an oligopoly situation the ideal is that the price level of a company be defined at a competitive level, since the goods produced are homogeneous and the degree of differentiation occurs in the variables of service, quality, image and not so much in the variation of prices. price.
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