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Olin [163]
2 years ago
12

Which three factors decrease because of protectionism? competition job security domestic production goodwill with trade partners

importation of goods.
Business
1 answer:
ludmilkaskok [199]2 years ago
3 0

answer:

competition, goodwill with trade partners, and importation of goods

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The business market consists of all the organizations that acquire goods and services used in the production of other products o
RideAnS [48]

Answer:

The major types of industries that make up the business market are agriculture industry, forestry industry, mining industry, manufacturing industry ; construction industry and transportation industry; communication industry, banking, finance and insurance industry.

Explanation:

a) Agricultural industry entails group of firms involving in rearing of animal and growing of both cash crop or food crop either majorly for commercial purpose / use

b) Forestry industries are group of firm who specialize in afforestation and deforestation of trees with a goal of maintaining environmental well-being, majorly for commercial purpose

c) Mining industry are industry who specialize in extraction from the soil raw materials required by other industries. Extraction like crude oil, Coal

d) Manufacturing industry are group of firm whose main objectives is to process raw material into finish good for use by the market and for commercials industry.

e) Transport industry are industry that specialize in movement of people and cargo from one destination to another through land, rail, sea or road

f) Construction industry specializes in buildings of building, roads, bridges and other structure for commercial

and personal use.

g) Communication industry specializes in enabling individual to transmit information from his end to another end.. It ranges from Media to Internet and Phone as all these fall under communication community.

h) Banking, Finance and Insurance industry are industry who accept deposit, gives loans to organisation, provide insurance cover over a particular risk, offers organisation financial advice, offers audit.

4 0
3 years ago
Justine was interested in learning how to play the piano. She has successfully passed every level of music book and is planning
Alexus [3.1K]
The stage of ability development is Justine at is now being a master. It is because he is now interested in learning how to play the piano and she has successfully passed every level of music book and is planning her own concert. I hope my answer has come to your help. God bless and have a nice day ahead!
8 0
3 years ago
Read 2 more answers
Suppose the government passes a law eliminating holidays and, as a result, the production of goods and services increases becaus
hjlf

Answer:

B) GDP would definitely increase because GDP excludes leisure.

Explanation:

The gross domestic product GDP includes the market value of all the final and legal goods and services produced within a country during one year.

Leisure time by itself is not included in the GDP, recreational and travel activities are, e.g. hotel services, restaurants, camping equipment, etc.

8 0
3 years ago
The MAIN reason suppliers offer cash discounts is to try to encourage.
goldfiish [28.3K]
The answer is A. Early payment

In Cash discounts, buyers will have the incentive to reduce the amount owed to the seller if they pay their liability faster than the Deadline

For example, the sellers can offer a 2 % discounts if the buyers make a payment within 10 days, while the actual deadline is 30 days
4 0
4 years ago
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Lacy's Linen Mart uses the average cost retail method to estimate inventories. Data for the first six months of 2021 include: be
yaroslaw [1]

Answer:

$83,850

Explanation:

Lacy's Linen Mart

Cost Retail

Beginning inventory$88,500 $139,000

Add: net purchases$331,000 $499,000

Goods available for sale$419,500 $638,000

Cost-to-retail percentage

= $419,500÷ $638,000 = 65%

Less: Net sales($509,000)

Estimated ending inventory at retail

($638,000 -$509,000) $ 129,000

Estimated ending inventory at cost(65% x $129,000)$83,850

Therefore the estimated inventory at June 30, 2021, would be $83,850

5 0
3 years ago
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