Answer: the tariffs will vary depending on the classification.
Explanation:
Tariff is a form of tax that is usually imposed on the imports that are brought from other countries to a particular country.
With regards to information provided in the question, the classification of goods is significant because the tariffs will vary depending on the classification.
It is a period of time that the loaning company gives you before you have to start repaying the debt.
For instance: After graduating from college, you must start the payments to pay back your loan 3 months after graduation.
Answer:A .buy only sneakers
Explanation: The MRS for sneakers is 3 and Shoes is 4, meaning sneakers is of higher MRS than shoes. Also meaning that, sneakers are originally expensive or costly than shoes. If the price of both item have risen, it simply stand to reason that his attachments for sneakers will equally be higher as against the shoes. Meaning, he will demand for sneakers will increase and he might eventually stick to buying only sneakers.
Entry of new firms into monopolistically competitive industries is relatively easy because capital requirements are low. Thus the correct answer is D.
<h3>What is a monopoly?</h3>
A monopoly refers to a firm that has a single authority in the market and controls the market completely. In a monopoly, there is a single rule and an absence of competition.
Monopolistic competition describes a competitive market in which a small number of sellers give clients near alternatives. It is a market system in which a large number of enterprises compete in the same industry.
Each firm runs on its own, producing comparable but production of innovative products, with no concern for what other companies are doing. These types of firms are very easy to enter and exit the market.
Therefore, option D with low capital requirements is the correct answer.
Learn more about monopoly, here:
brainly.com/question/18459447
#SPJ1
Answer:
The correct answer is 42.86%.
Explanation:
According to the scenario, the given data are as follows:
Base salary = $100,000
Extra earnings = 5% of all profit
Total Profit = $1,500,000
So, first we calculate the total earning received by the manager.
So, Total Earning = Base Salary + 5% of $1,500,000
= $100,000 + $75,000
= $175,000
Now, we can calculate the percentage of his/her final income from a profit-sharing plan by using following formula:
Percentage of final income = (Share in profit ÷ Total earning) × 100
= ($75,000 ÷$175,000) × 100
= 42.86%
