"There are fewer close substitutes for the product your team supports" will improve your bargaining position with customers.
<u>Option: B</u>
<u>Explanation:</u>
Bargaining is the procedure which is preferred by citizens not only with street shops but it is famous internationally too, where defense, economic trade deal, etc are signed between two different nations to corporate and shake hand of unity. Bargaining is more effective when one allow seller to know that the party itself have more substitutes if the product is not provided by the seller in appropriate rate.
For an instance, if India need to buy some rolling defense helicopters for nation from Russia but prices are high and United States is providing same material with lower price or may be with better rewards on buying from them.
Answer:
Balance the relationship between business and society.
Explanation:
Government regulates both society and business.
The government regulates businesses to ensure that the activities of businesses are in the best interest of the society. This is why they regulate monopolies, tax companies that create negative externalities and subsidise the activities of companies that provide positive externality.
Government also has to look out for businesses by ensuring that the amenities and facilities needed for smooth running of business activities are in place. This is why a government may regulate import activities through quotas or tariffs.
I hope my answer helps you.
The correct option is (b) Protective tariffs
Protective tariffs aim to make imported goods more expensive while protecting domestic producers from overseas rivalry.
<h3 /><h3>What is protective tarrifs?</h3>
- An illustration of a protective tariff would be the US raising the customs charge on clothing imported from Britain so that it is significantly more expensive than clothing made domestically.
- The importing countries profit the most from tariffs since they design the policy and receive the cash.
- The main advantage of tariffs is that they generate income from imported products and services. Tariffs may also serve as a springboard for negotiations between two countries.
- Protective tariffs are designed to shield vital American industries from international competition, stop foreign manufacturers from dumping inexpensive goods in the US, or both.
Learn more about the Tarrifs with the help of the given link:
brainly.com/question/11672570
#SPJ4
I understand that the question you are looking for is "Which of these actions was an economic cause of increased tensions between the North and South?
(a) Dred Scott decision
(b) Protective tariffs
(c) Bleeding Kansas
(d) Lincoln’s election"
A automobile would be a asset