Answer: False
Explanation:
A tariff is a tax that is imposed by the government of a particular country in order to curtail the number of imported goods brought into the country.
Based on the above scenario, the reduction in consumer surplus is not $500 million but rather $600 million which is the addition of $100 million, $200 million and $300 million.
Therefore the question is false.
Answer:
Answer C
Explanation:
If one of the variables is measured on dichotomous nominal scale, such as gender and other is measured on interval or ratio scale, than we use point biserial correlation coefficient. It will measure our initial hypothesis that there is a connection between the time spent on the phone, talking to your mother with gender. Later, if we would want to conclude how strong is this connection, we would use regression analysis.
Answer:
The correct answer is letter "B": They should be ignored in a bidding war.
Explanation:
Negotiations are vital in every aspect. They allow individuals to deal with situations in which parties need from each other but either of them is willing to take the first step to come to an agreement. Negotiations can also be useful out of problematic situations when parties voluntarily want to make a pact but the initial terms are unclear.
Placing limits for negotiations is important as well. Limits will prevent parties from giving to much of themselves or avoiding the other party to take advantage of a given situation. Thus, in front of war, limits must be placed in a negotiation.
Answer: False
Explanation:
The contract is such that Molly agreed to bring bracelets if Jean would pay for said bracelets.
The terms of the contract therefore are that Jean would pay and Molly would deliver. Jean then calls Molly and says that they will be unable to pay which means that they are not going to be able to hold up their responsibilities in the contract.
Molly has the right to then cancel the contract because the other party will not be able to perform their obligations and face no repercussion for it.
Answer: 59.27% and 4.77%.
Explanation:
Given that,
In the year 2009:
Japanese adult non-institutionalized population = 110.272 million
Labor force = 65.362 million
Number of people employed = 62.242 million
Japanese labor-force participation rate = 
=
= 0.5927 or 59.27%
Unemployment rate = 
= 
= 4.77%
