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defon
10 days ago
7

Should the home country be "large" relative to the world, its imposition of a tariff on imports would lead to an increase in dom

estic welfare if the terms-of-trade effect exceeds the sum of the:_________
a. revenue effect plus redistribution effect.
b. protective effect plus revenue effect.
c. consumption effect plus redistribution effect.
d. production distortion effect plus consumption distortion effect.
e. None of the above.
Business
1 answer:
harina [3.2K]10 days ago
4 0
Option e is the accurate choice. The Terms of Trade is calculated as the average price of exports divided by the average price of imports, representing the comparative price of exports against imports. The protective effect refers to lost resources from producing goods at higher costs, whereas the consumption effect reflects the consumer loss from increased prices leading to reduced consumption. If the home country is 'large' compared to the world, imposing a tariff could enhance domestic welfare, provided that the benefits from the terms-of-trade effect surpass the combined protective and consumption effects.
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A store sells 20 ice cream bars per hour for $4 each, but on discount days, it sells 35 ice cream bars per hour for $3. Based on
soldi70 [3150]

Answer:

The slope representing the correlation between ice cream price and the sales quantity is -1/15

Explanation:

To find the slope of the price and quantity of ice cream sold, the following calculation is needed:

Slope= change in yaxis( vertical)/change in xaxis(horizontal)

Slope= change in price/change in quantity demanded

Slope=P2-P1/Q2-Q1

Slope=3-4/35-20

Slope=-1/15

The slope representing the correlation between ice cream price and sales quantity is -1/15

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ncome Statements under Absorption Costing and Variable Costing Gallatin County Motors Inc. assembles and sells snowmobile engine
Scilla [3267]

Answer:

Income statement prepared under the absorption costing method

Sales 2,600,000

Less: Cost of Goods Sold

Beginning Inventory 0

Add: Cost of Goods Produced

Materials Used 1,218,000

Labor Costs 522,000

Variable Overhead 87,000

Fixed Overhead 130,500

Less: Ending Inventory (1,957,500/4,350)×350 (157,500)  1,800,000

Gross Profit 800,000

Less: Operating Costs:

Selling and Administrative Expenses:

Variable Sales/Administrative Costs (60,000)

Fixed Sales/Administrative Costs (25,000)

Net Profit 715,000

Explanation:

Product/Manufacturing Cost under Absorption Costing = Direct Materials + Direct Labor + Variable Overheads + Fixed Overheads

Period Cost under Absorption Costing  = All Non-Manufacturing Expenses

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24 days ago
What strategies would you recommend that apple pursue in order to assure widespread consumer adoption of apple pay?
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Here are some strategies that Apple should implement to guarantee widespread use of Apple Pay -

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ii) Expand support across various platforms so that users of different devices can access Apple Pay services

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21 day ago
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Mariulka [3182]

Answer:

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You're in a conference room with Javier and Jim, an assistant director who reports to you. The other three people in the room, i
stepan [3001]

Full question:

As a manager at the headquarters of Leland Enterprises, a transportation firm, you answer to the director, Javier.

Javier is recognized in the workplace for his short temper—quick to express anger and slow to offer compliments. He frequently humiliates individuals in public when he perceives their performance as lacking, which is often. Despite this, upper management appreciates his decisiveness and expertise in business analytics, leading to strong results for the company. They take a hands-off approach concerning his management style. Consequently, employee turnover is notably high as team members find they can either adapt to his leadership or depart without effecting change.

Decision Point: Javier's Goals

In a conference room with Javier and Jim, an assistant director who reports to you, you also have three other colleagues present, including your friend Emily, who report to Jim.

At the meeting's conclusion, Javier asserts, "So that's just how we operate here." When an employee inquires about specifics regarding projection goals, Javier dismisses the question stating, "You all know enough—focus on your tasks and allow me to manage the details. This meeting is adjourned. Now, turn to your neighbor and do our secret GIMME handshake." People fidget, rolling their eyes while doing a goofy handshake reminiscent of middle school.

In your view, how does the organizational culture at Leland Enterprises manifest?

Select the most appropriate options below and click Submit.

Ethics

Innovation

Symbols

Stories

Socialization

Language

Rituals

Answer:

Rituals

Explanation:

The example illustrates corporate rituals, which may be habitual sequences or ceremonies that reinforce the organization’s values, highlighting important goals and the hierarchy within the organization, exemplified by the request to perform the Gimme shake.

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