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3 years ago

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

1 answer:

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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A polisher costs $10,000 and will cost $20,000 a year to operate and maintain.If the discount rate is 10% and the polisher will

BlackZzzverrR [31]

Answer: $22637.98

Explanation:

Based on the information given in the question, the equivalent annual cost of the tool will be calculated as:

We first calculate the present value which will be:

= 10000 + 20000/(1+.10) + 20000/(1+.10)^2 + 20000/(1+.10)^3 + 20000/(1+.10)^4 + 20000/(1+.10)^5

= $85815.74

The the equivalent annual cost will be:

= Present Value/PVIFA(10%,5)

= 85815.74/3.7908

= $22637.98

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3 years ago

Sales of Schwinn's apartment-sized exercise machine have experienced a steady climb; however, the profits have been negative. Th

Alchen [17]

Answer:

The Schwinn exercise machine is most likely in the introduction stage of the product life cycle.

Explanation:

The life cycle of a product is characterized by the phases:

1- introduction,

2- growth,

3- maturity

4- decline.

The first step is the introduction, which characterizes the product's insertion in the market, and includes business efforts to make consumers aware of the product. This phase has as its main characteristics the low volume of production and sales.

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3 years ago

Which of the following is not a barrier to entry?

DaniilM [7]

Answer:

Explanation:

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Which of the following balance sheet equations is INCORRECT? A. Assets minus Current liabilities = Longminusterm liabilities

Kipish [7]

Answer:

Explanation:

This balance sheet equation is incorrect, Assets minus Current liabilities = Longminusterm liabilities

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In the New Economy, people are most rewarded through education and intellectual growth when they spend years studying a broad ar

aliya0001 [1]

Answer:

False

Explanation:

The formal education setting has not been changing at the same rate with the daily changes in business, technology and other socio-economic elements.Therefore people who spend years studying a broad array of subjects in formal educational settings are less likely to be rewarded through education and intellectual growth.

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3 years ago