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Ivahew [28]
2 years ago
9

9. Lobbying for or against trade restrictions Trade restrictions affect the overall welfare of an economy because they change th

e price consumers pay for a good and the quantity produced and consumed domestically. Trade restrictions, such as tariffs, usually benefit domestic and hurt domestic because they the domestic price of a good. True or False: Producers find it difficult to exert the political influence needed to establish trade restrictions because the benefits to producers are very small and widely dispersed, which makes it difficult for producers to organize. True False
Business
2 answers:
Verizon [17]2 years ago
7 0

Answer:

Lobbying for or against trade restrictions:

Trade restrictions affect the overall welfare of an economy because they change the price consumers pay for a good and the quantity produced and consumed domestically. Trade restrictions, such as tariffs, usually benefit domestic and hurt domestic because they the domestic price of a good.

<u>True </u>

Producers find it difficult to exert the political influence needed to establish trade restrictions because the benefits to producers are very small and widely dispersed, which makes it difficult for producers to organize.

<u>False</u>

Explanation:

Triss [41]2 years ago
7 0

Answer:

1. True

2. False

Explanation:

Hope this helps

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If a cost is a common cost of the segments on a segmented income statement, the cost should:_________.
worty [1.4K]

Answer:

the correct answer is

If a cost is a common cost of the segments on a segmented income statement, the costshould:A) be allocated to the segments on the basis of segment sales.

Explanation:

hope this helps u!!!

8 0
3 years ago
Based on the following data, what is the amount of current assets? Accounts payable……………………………………………………….. $62,000 Accounts rece
Vlad1618 [11]

Answer:

The amount of current assets are $252,000

Explanation:

Current assets: The current assets are those assets who are converted into cash within one year. Like - accounts receivable, cash, inventory, prepaid insurance, etc.

The total amount of the current assets are shown below:

= Accounts receivable + Cash + Inventory +  Short-term investments + Prepaid insurance

= $100,000 + $70,000 + $80,000 + $2,000

= $252,000

The other items represent current liabilities, long term liabilities, intangible assets, and the fixed assets so, we do not consider them in the computation part.

4 0
2 years ago
Pigot Corporation uses job costing and has two production departments, M and A. Budgeted manufacturing costs for the year are as
zlopas [31]

Answer:

Correct option is D.

<u> $200,500 </u>

Explanation:

Manufacturing overhead = [($651,000/217,000) × $25,000] + [($417,000/834,000) × $29,000] = $89,500

Total cost associated with Job. No. 432 = $57,000 + $54,000 + $89,500 = $200,500

7 0
3 years ago
What are the key factors to launch a design business?
g100num [7]

Answer:

i think its help stay happy

3 0
2 years ago
In regard to firm growth, evidence shows that ________. service firms tend to generate sustained growth while manufacturing firm
JulijaS [17]

Answer:

At least during the last couple of decades, service firms tend to generate sustained growth while manufacturing firms do not.

Explanation:

The last president that recorded a steady manufacturing growth rate was Bill Clinton.

Service firms are growing steadily and probably will continue to do it. While manufacturing firms have been slowing down, their growth rate (if any) is not very large during the past few years and that tendency has increased with the new trade barriers imposed by our government during the last couple of years.

Another thing that helps the growth of service firms is that when manufacturing firms or agricultural firms grow, they need more services, so service firms will grow even more.

6 0
3 years ago
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