Business, 30.03.2021 19:50, cjhamilton8614
Consider two hypothetical countries, Aniva and Kartaly. Both countries produce iWidgets, and the price of Widgets is lower in Aniva than in Kartaly. If Aniva and Kartaly open to trade, producers in would be more likely to lobby their government for an import tariff on iwidgets in order to protect themselves from foreign competition. Which of the following statements about the effects of the tariff compared to free trade are correct?
a. The tariff benefits producers in Kartaly.
b. The extra cost of iWidgets gets passed on to products and services using iWidgets in the production process.
c. In Kartaly, some workers at retail and shipping companies that import iWidgets lose their jobs.
d. As a result of the tariff, the price of the imported iwidget always rises above its domestic price.
e. The tariff will not reduce the price differential between Aniva and Kartaly.
Answers: 2
Business, 21.06.2019 18:30, tfhdg
Following is stanley black & decker’s income statement for 2016 (in millions): stanley black & decker, inc. income statement for the year ended december 31, 2016 ($ millions) sales $11,406.9 cost of goods sold 7,139.7 gross profit $ 4,267.2 selling, general and administrative expenses 2,602.0 other operating expenses 268.2 operating income 1,397.0 interest and other nonoperating expenses 171.3 income before income tax 1,225.7 income tax expense 261.2 net income $ 964.5 compute stanley black & decker’s gross profit margin.
Answers: 1
Business, 22.06.2019 04:00, brucewayne8499
Consider the market for gasoline. suppose that, in a competitive market without government regulations, the equilibrium price of gasoline is $3.00 per gallon, and employees at gas stations earn $17.50 per hour. complete the following table by indicating whether each of the statements is an example of a price ceiling or a price floor and whether it results in a shortage or a surplus or has no effect on the price and quantity that prevail in the market. statement price control effect the government has instituted a legal minimum price of $3.40 per gallon for gasoline. the government prohibits gas stations from selling gasoline for more than $3.40 per gallon. due to new regulations, gas stations that would like to pay better wages in order to hire more workers are prohibited from paying more than $14.50 per hour.
Answers: 2
Business, 22.06.2019 08:40, Damagingawsomeness2
Gerda, a real estate agent, is selling a moderately priced house in a subdivision. she knows from her uncle that the factory being built half a mile from the subdivision will be manufacturing dog food, using a process that creates a very strong odor that permeates the surrounding neighborhood. a buyer, who is unaware of the type of factory under construction, makes an offer on one of the houses gerda is selling, and within a short time, the deal goes through. what does this scenario best illustrate?
Answers: 3
Consider two hypothetical countries, Aniva and Kartaly. Both countries produce iWidgets, and the pri...
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