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iogann1982 [59]
2 years ago
9

For each hypothetical scenario, indicate whether the tariff described is more likely a protective tariff or a revenue tariff.

Business
1 answer:
LenaWriter [7]2 years ago
7 0

Answer:

a. In response to concerns from business leaders, a legislator has designed a new tariff on raw materials used by many manufacturing firms. The legislator felt the new tariff was necessary based on input from the private sector that new discoveries of natural resources abroad would threaten to put domestic producers of raw materials out of business. To meet this goal, this tariff will charge $1,500 on every crate of the imported goods plus an additional 6% of the total value of the imported goods.

  • protective tariff since it is designed to protect domestic industries from competition of out of state producers. It is designed to increase the price of imported goods.  

b. In an effort to balance next year's budget, a senator has proposed a new tariff. She proposed the new tariff with a goal of raising a total of $100 million, To meet this goal, this tariff will charge $2,000 on every ton that is imported.

  • revenue tariff since its main purpose is to increase government revenue, not to protect domestic industries.
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The college student loan burden is second only to mortgages in consumer debt in the United States. The government estimates that
Reika [66]

Answer:

Explanation:

The college student loan burden is second only to mortgages in consumer debt In the United States. The government estimates that some 41 million students together owe more than $1.2 trillion. In North Carolina, what is the relationship between student loan debt and the tuition/fees that the students pay? After obtaining data for 14 four-year universities in the State University System of North Carolina (data for Elizabeth City State University and Winston Salem State University were not available), suppose we assume a simple linear modelyi= β0+ β1xi+ εito describe this relationship, where xi is the academic year tuition/fees at school In i

and yi is the average student loan debt of graduates of school i, i = 1, ..., 14. Shown below are summary statistics for the 14 schools.

NB: please check the attached document for complete work.

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3 years ago
Internal Environmental Analysis
Wittaler [7]

The analysis that you have been asked to examine is called SWOT Analysis. See the categorization below.

<h3>What is SWOT Analysis?</h3>

This is simply a situational analysis that considers the strengths, weaknesses, opportunities, and threats that a company might face in the execution of its business strategy.

,

Strength

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• Proven Management Skills

• Ahead of the Experience Curve

• Diversify into Related Products

• Enter New Markets or Segments

• Proprietary Technology

• Vertical Integration

• Product Innovation Skills

• Well Thought of by Buyers

Weaknesses

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• Falling Behind in R & D

• Vulnerability to Recession & Business Cycle

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Opportunities

• Complacency Among Rival Firms

• Falling Trade Barriers in Attractive Foreign Markets

• Serve Additional Customer Groups



Threats

• Rising Sales of Substitute Products

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Learn more about SWOT at;
brainly.com/question/20350382
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6 0
2 years ago
Recommended FIVE ways in which employees can manage Stress in the workplace​
trasher [3.6K]

Answer:

Encourage Open Communication. ...

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5 0
3 years ago
Which items listed on the ledger represent credits? a. Credit bill and craft fair b. Gift and online auction c. Gift and insuran
Yuki888 [10]
The answer to your question is B 
8 0
3 years ago
Read 2 more answers
The price of cheddar cheese rises from $1 per pound to $2 per pound, and as a result, producers of cheese increase their product
Mazyrski [523]

Answer:

the arc price elasticity of supply is \frac{5}{2}

Explanation:

Given:

P1: $1 and Q1 = 5 thousand tons

P2:$2 and Q2 = 55 thousand tons

We need to find:

%ΔQ = \frac{Q2-Q1}{(Q1+Q2)/2} = \frac{55-5}{(55+5)/2} = \frac{5}{3}

%ΔP = \frac{P2-P1}{(P1+P2)/2} = \frac{2-1}{(1+2)/2} = \frac{2}{3}

As we know that, the arc price elasticity of supply :

E = %ΔQ  / %ΔP

<=> E = \frac{5}{3} /\frac{2}{3} = \frac{5}{2}

4 0
3 years ago
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