Answer: Protective tariff
Explanation: Protective tariffs are basically designed to protect the domestic producers from foreign competition. These tariffs raise the retail price of imported products making them expensive in comparison to domestic products and thereby making domestic products more competitive.
Thus, by placing a tax on imported equipment in order to make it more expensive, these industries hope that <em>Protective tariff</em> will allow u.s. producers to be more competitive.
P (Z<1.56)= 0.94
<u>Explanation:</u>
Step 1: Sketch the curve.
The probability that X<74 is equal to the blue area under the curve.
Step 2:
Since μ=60 and σ=9 we have:
P ( X<74 )=P ( X−μ<74−60 )=P (X−μ/σ<74−60/9)
Since x−μ/σ=Z and 74−60/9=1.56 we have:
P (X<74)=P (Z<1.56)
Step 3: <u>Using the standard normal table to conclude that:
</u>
P (Z<1.56)=0.9406 , rounding off to 2 decimals we get P (Z<1.56)= 0.94
Answer: Income elasticity of demand for steak in cape charles is 1.16
Explanation:
Income elasticity of demand measures the responsiveness of quantity demanded to a change in consumers income. When the proportionate change in quantity demanded is less than the proportionate change in income, demand is said to be income inelastic.
Income elasticity of demand for steak in cape charles is 1.16
A stronger dollar makes the exports of grain less competitive. There will likely be less exports and more domestic consumption
Answer:
D. research the employer or company
Explanation:
A good and recommended way to prepare for a job interview is to research the company they want to join. Understanding as much as possible about the company gives one confidence in the interview room. Knowledge about its products and services helps answer questions and formulate the questions to ask.
One should also research what the company expects of them in their role. This information gives one an edge over the other candidates in the interview.