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DiKsa [7]
3 years ago
13

Using government regulations to limit the import of goods and services is called:

Business
1 answer:
madam [21]3 years ago
8 0
<span>Trade protectionism. Trade protectionism is how countries raise tariffs and reduce imports to protect their domestic industries. Trade protection is the deliberate attempt to limit imports by putting up barriers to trade. Despite the arguments in favor of free trade and increasing trade openness, protectionism is still widely practiced.In economics, protectionism is the economic policy of restraining trade between states (countries) through methods such as tariffs on imported goods, restrictive quotas, and a variety of other government regulations.</span>
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Perhaps the greatest risk for a company that chooses to pursue an integrated low cost/differentiation strategy is that it will
Amiraneli [1.4K]

The greatest risk of a low-cost provider strategy is getting lost with overly high price reduction and ending up with lower profit.

<h3>Low-cost / low-price advantage </h3>

It results in high profit only if;

  • (1) prices are reduced by less than the size of the cost advantage or
  • (2) the added volume is large enough to bring in a bigger total profit despite lower margins per unit sold.

Therefore, the greatest risk is a low profit.

learn more on low cost strategy from here: brainly.com/question/5516605

6 0
2 years ago
If short-run equilibrium output equals 20,000 and full employment equals 25,000, then this economy has a(n):________
r-ruslan [8.4K]

If short-run equilibrium output equals 20,000 and full employment equals 25,000, then this economy has <u>recessionary.</u>

<u></u>

There have been 48 recessions in the United States dating back to the Articles of Confederation, and economists and historians determine that the 19 recessions before the Great Depression were bigger than since the end of World War II.

The health of the country's agricultural and industrial production, consumption, business investment, and banking sectors contributed to these declines.

The US recession is weighing more heavily on economies around the world, especially as national economies become more and more interdependent.

learn more about recessions here;  brainly.com/question/532515

#SPJ4

5 0
2 years ago
When using the cost of production report to analyze the change in direct materials cost per equivalent unit compared to conversi
alisha [4.7K]

Answer: a.may increase while conversion costs decrease because the two are separately calculated and depend on separate costs.

Explanation:

When the cost of production report is being used to analyze change in direct materials cost per equivalent unit when compared to the conversion cost per equivalent unit, we should note that an investigation may end up showing that the fluctuation in the the direct materials costs which then brings about an increase or a decrease.

Therefore, the correct option is A "may increase while conversion costs decrease because the two are separately calculated and depend on separate costs".

5 0
3 years ago
AlwaysRain Irrigation, Inc., would like to determine capacity requirements for the next
Katarina [22]

Answer:

For plastic

Year 1   97,000 units per year and 2 operators

Year 2  115,000 units per year and 3 operators

Year 3  136000 units per year and 3 operators

Year 4  141000 units per year and 3 operators

For bronze

Year 1 21000 units per year, 2 machines and 4 operators in total

Year 2  24000 units per year, 2 machines and 4 operators in total

Year 3 29000 units per year, 3 machines, 5 operators in total

Year 4 34000 units per year, 3 machines, 6 operators in total

Explanation:

for plastic,

since there is only one machine that is operated by 4 operators,

Units per operator= Machine speed/number of operator

                             = 200,000/4

                             = 50,000 units per operator

so for year 1, for 97,000 units 2 operators will be enough and for year 2, year 3 and year 4, 3 operators will be enough

for Bronze

since there are 3 machines and total number of 6 operators,

Units per operator= sum of speed of all machines/total number of operator

                            =  36000/6

                           =  6,000 units per operator

so for year 1 for 21,000 units per year, 4 operators will be required (6000×4) with 2 machines

 for year 2 for 24000 units per year, 4 operators will be requried with 2 machines

for year 3 for 29,000 units per year, 3 machines will be required with 5 operators to meet the demand

for year 4 for 34,000 units, 3 machines will be requried with 6 operators

4 0
3 years ago
Many college football teams require a "donation" in order to purchase season tickets. This is an example of
Sidana [21]

Answer:

The correct answer is letter "C": two-part pricing.

Explanation:

Two-part pricing is set when there is a fixed price for a good or service but there is a variable price added based in a charge per unit of consumption. The sum of the two prices is the total the consumers have to pay to access the product. Typically, this type of pricing is set in monopolistic markets.

8 0
3 years ago
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