Explanation:
<em>First and foremost, a tariff on the imports of the advanced country will have a positive effect on domestic employment in the import-competing part of the industry that sells the final product, because the tariff limits import competition. if workers are drawn to a newly protected industry.</em>
Answer:
understand the problem or assignment clearly
Explanation:
It is important to understand what one is asked to do clearly. If one doesn't understand the assignment clearly, it would negatively affect the project and one would end up doing the wrong thing.
I hope my answer helps you
Answer:
Option D
Explanation:
In simple words, scarcity refers to the phenomenon under which a commodity is available in a limited quantity and not all individual gets to enjoy the utility it has.
The main reason behind scarcity is the limited availability of the resources due to which the production is also limited. An individual consumer gets to take this burden in the form of high prices of such limited commodity.
Answer:
If prices are cut by $0.2 then the operating income will increase by $91,200.
Explanation:
Current Gross Profit is :
Revenue [240,000 * $6] = $1,440,000
Cost of Sales = $1,416,000
Gross Profit = $24,000
If selling price is reduced to $5.80
Revenue $5.80 * [ 240,000 * 1.10 % ] = $1,531,200
Cost of Sales $1,416,000
Gross Profit = $115,200
The best option from the list would be "<span>B. Congressional numbers would make it too cumbersome." This is mainly due to the fact that if a session is called, in order for it to be effective, a majority of Congressmen have to attend, otherwise it would drag out for long periods of time. </span>