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3 years ago

An import restriction (tariff or quota) creates a net loss in welfare for the importing nation because:___________

Business

1 answer:

Helen [10]3 years ago

5 0

Answer:

Explanation:

An import restriction as the term implies is done to limit the amount of a certain good that is imported into the country. Usually this is done to protect the domestic producers of the good in question who are not be as efficient as the country being imported from and so charge higher prices.

The people in the economy will experience a net loss in welfare because they will now be paying higher prices and as well will be transferring some of their income to their government because import restrictions like tariffs will see their costs passed on to the consumer.

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When a seller gives permission to a broker to submit the property to the MLS, the seller is authorizing the broker to make a bla

Rudiy27

Explanation:

MLS stands for Multiple Listing or Multiple Listing System. MLS is such a service that is built to assist various brokers in reviewing the lists of various properties in different areas. This list help others purchase their own property to their taste as well as sell their properties.

Under new regulations, when a seller permits a broker to send property to MLS, the broker can make a unilateral blanket bid to agree to accept or refuse all members of that MLS sub-agency.

4 0

3 years ago

Inbound marketing represents a fundamental shift in the way that organizations operate because it is ______-centric.

Natasha2012 [34]

<span>Inbound marketing represents a fundamental shift in the way that organizations operate because it is marketer-centric. This is an unconventional approach of systems since the usual ones is allowing the customers to be put first or customer-centric kind of approach. This kind builds the best relationship you can offer with the customer.</span>

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3 years ago

Miracle Clean's variable costs are $3.00 per bottle and Fixed Expenses are $350,000 per year. The company currently sells 150,00

DerKrebs [107]

Answer:

131,250= number of units

Explanation:

Giving the following information:

<u>We need to calculate the number of units to be sold to maintain a profit of $175,000.</u>

Unitary variable cost= $3

Fixed expenses= $350,000

Selling price= $7

Net income= total contribution margin - fixed cost

175,000= number of units*(7 - 3) - 350,000

525,000 = number of units*4

525,000 / 4= number of units

131,250= number of units

7 0

3 years ago

Select all that apply budget reports are commonly prepared for:_____.

steposvetlana [31]

Budget reports are generally prepared for a quarter.

Given an incomplete sentence related to the timings of budget reports.

We are required to fill the timing or frequencies given in the options so that the sentence gives an appropriate meaning.

A budgeting report is basically a report managers use that lists the previously estimated budget projections over a certain period.Budget reports are basically the financial goals leadership comes up with based on informed financial projections. Since they are typically estimations, these budget reports almost always differ from the final financial results, sometimes drastically. Quarter is basically a collection of three months.

Hence it can be concluded that budget reports are generally prepared for a quarter.

Learn more about budget at brainly.com/question/13964173

#SPJ4

7 0

2 years ago

The people in an economy have $25 million in money. There is only one bank where they deposit their money and it holds 10% of th

Klio2033 [76]

Answer:

The people in an economy have $25 million in money. There is only one bank where they deposit their money and it holds 10% of the deposits as reserves. What is the money multiplier in this economy?

D. 10

Explanation:

10% of $25, 000, 000= $2,500,000

Money multiplier in this economy is by 10

6 0

3 years ago