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Illusion [34]
3 years ago
10

If protective import-restricting tariffs are imposed by a country, in the majority of cases that nation's consumers end up consu

ming more of the good than they otherwise would. paying a higher price for the good than they otherwise would. paying a lower price for the good than they otherwise would. having a higher standard of living than they otherwise would.
Business
1 answer:
Wittaler [7]3 years ago
3 0

Answer:

If protective import-restricting tariffs are imposed by a country, in the majority of cases that nation's consumers end up

paying a higher price for the good than they otherwise would.

Explanation:

Import-restricting tariffs increase the cost of goods and services imported from other countries.  Governments have various reasons for making such impositions.  Some claim that the tariffs are imposed to protect local industries or to comply with local content requirements.  However, these restrictions hamper free trade.  They also distort the competitiveness of nations.

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When a product spreads through the population, it is called the?
Fiesta28 [93]

The answer is diffusion of innovation. This type of theory or process has the aim of having to influence other people in regards with the ideas that they have formulated in which are new. These ideas are being spread out with the use of innovations.

7 0
3 years ago
Benefits of a franchise include
ruslelena [56]

Answer:

Small franchise owners enjoy a degree of control and can benefit from their support of the parent company

Explanation:

8 0
3 years ago
"A company currently using an inspection process in its material receiving department is trying to install an overall cost reduc
Bogdan [553]

Answer:

$23.32

Explanation:

We have the given information as below:

Defective content average = 0.04

Number of units inspected per hour = 53

Hourly rate = $10

Cost involved in final product testing = $11

Now to determine if the inspector position is eliminated, we will need to calculate the number of defective products:

defective products = Defective content average × Number of units inspected per hour

defective products = 0.04 × 53 = 2.12

the hourly cost of defects = defective products × Cost involved in final product testing

The hourly cost of defects = 2.12 × $11 = $23.32

4 0
3 years ago
Singh Co. reports a contribution margin of $960,000 and fixed costs of $720,000. (1) Compute the company’s degree of operating l
Alex

Answer: 1. Degree of Operating Leverage = 4

2. $384,000

Explanation:

1. Degree of Operating Leverage is calculated by dividing the Contribution margin by the Net Operating income.

Now, the Contribution margin is the difference between Price and Variable Cost. This means that if you remove fixed costs from it as well you get your profit.

Therefore 1. can be calculated thus,

Degree of Operating Leverage = Contribution Margin / Net Operating income

Degree of Operating Leverage = 960,000 / 960,000 - 720,000

Degree of Operating Leverage = 4

2. When Sales increases by a certain percentage we multiply that percentage by the Degree of Operating Leverage to find out how much Income will increase by.

Because sales went up by 15%, Singh Co. can expect that income would rise by,

= 15% * 4

= 60%.

Now income is Contribution margin - fixed costs so we have,

Income = 960,000 - 720,000

Income = $240,000

An increase of 60% would be

= 240,000( 1+ 60%)

=$384,000

$384,000 is the amount of income that Singh Co. can expect.

4 0
3 years ago
What is an example of informal communication?
mash [69]

Business Dictionary describes informal communicating as a casual form of information sharing typically used in personal conversations with friends or family members. Within a business environment, informal communication is sometimes called the grapevine and might be observed occurring in conversations, electronic mails, text messages and phone calls between socialising employees.

So thats B

If i am right please mark brainliest.

8 0
3 years ago
Read 2 more answers
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