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max2010maxim [7]
2 years ago
15

True or False: With the export subsidy, domestic producers will sell steel to domestic consumers and sell the rest abroad.

Business
1 answer:
Bess [88]2 years ago
4 0

The answer to the question of whether the export subsidy would make domestic producers sell steel to domestic consumers and sell the rest abroad is:

  • False because the domestic producers would not want to sell at a lesser price than what they would have sold abroad.

<h3>What is Export Subsidy?</h3>

This refers to the government policy which is meant to discourage export of goods with the aim of regulating the economy which usually leads to the increase in the amount of customer surplus in the market.

With this in mind, we can see that the export subsidy has to do with the increase in domestic price whereby there is a higher cost for exports for producers.

Read more about export subsidy here:
brainly.com/question/7193712

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The hawthorne studies found that employees in the experimental group:
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The Hawthorne studies found that employees in the experimental group WERE MORE PRODUCTIVE THAN OTHER EMPLOYEES AND IT DOES NOT DEPEND UPON THE LEVEL OF LIGHTING.

The Hawthorne studies was conducted by Elton Mayo and his colleagues to determine the level of illumination and its relationship with the productivity.
8 0
3 years ago
In the long run, each firm in a competitive industry earns
madam [21]

Answer:

The correct answer is option B.

Explanation:

In a competitive industry there is no restriction on entry or exit of firms in the market. So, when in the short run the firms are enjoying super normal profits or positive economic profits, this would attract potential firms to join the industry in the long run.

As a result the industry supply will increase in the long run. The increase in supply would cause the price to fall. This would further contribute in reducing revenue and profit.

This process will continue till the profit is reduced to zero. If profit falls below zero, then firms incurring loss will exit the industry. Then again zero profits will be restored by reduction in supply and increase in price.

So, we can say that perfectly competitive firms will have zero economic profits or only normal profits in the long run.

5 0
3 years ago
Do women spend more time talking on the phone than​ men? a student collects data from students at her university and reports a​
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<u>Answer</u>:

<u>No</u>

Explanation:

Remember, that as used in statistics the Confidence intervals <em>only</em> ascertain the extent to which a sample is uncertainty or certainty, that is, the student report of a​ 90% confidence interval is just a probability the university population of men and women surveyed would fall under this range of value ​(minus 150,30).

Therefore, it cannot be concluded that mu​(women) is higher than mu​(men.

3 0
2 years ago
You are a leader in a paper manufacturer that has recently been charged with using too many trees and polluting groundwater arou
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3 years ago
Alison's dress shop buys dresses from McGuire Manufacturing. Alison purchased dresses from McGuire on July 17 and received an in
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Answer:

$5,472

Explanation:

Calculation for Alison record of purchase :

First step

Invoice price ×Percentage of payment term

Where:

Invoice price =$5,700

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Second step

$5,700×96%

=$5,472

Therefore Alison should record the purchase at: $5,472

4 0
3 years ago
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