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Dominik
18 days ago
12

A tiny South Pacific island country produces large quantities of coconut-based products. To protect this industry, the island go

vernment mandates that only designated trading companies can import the crop, each of which is allocated the right to import a maximum number of pounds of coconuts each year. This is an example of a(n)...a. import quota
b. import duty

c. import tariff

d. subsidy

e. local content requirement
Business
1 answer:
Scilla [3.8K]18 days ago
3 0

The response is:

Import Quota

Explanation:

The option B is incorrect because import duty refers to taxes levied on imported goods and does not restrict or protect the coconut-based products sector.

Option C is also unsuitable since an import tariff is aimed at raising the price of imported products which wouldn’t reflect on the increase of the price for imported goods in this scenario.

Similarly, option D isn't right because there are no subsidies received from the government by the company.

Thus, option A is the correct choice as import quotas limit the ability of companies to import certain goods and services to safeguard local manufacturers.

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In the infamous Coke-New Coke taste test, 54 percent of consumers, using a blind taste test, preferred the New Coke formula to t
Katen [3525]

Response:

quantitative marketing research method

Clarification:

A quantitative marketing research method involves conducting surveys and polls to gather accurate information regarding products and services, which is known as a quantitative marketing research method.

This approach allows consumers to provide feedback about the product in an unbiased way, enabling the collection of their preferences and aversions.

Techniques such as blind tests and surveys are utilized in this process.

Thus, based on the situation presented in the question,

the answer is quantitative marketing research method.

8 0
22 days ago
Which statement about Lillie’s mortgage is FALSE?
arsen [3447]

Answer:

The first statement is false, while the second is true.

3 0
1 month ago
A small construction firm specializes in building and selling single-family homes. The firm offers two basic types of houses, mo
harina [3808]

Answer:

The solution and relevant data for the exercise are contained within three images. The maximum profit amounts to 262.500.

Explanation

Please take into account the details provided in the exercise. Should you have any queries, feel free to reach out again. All the exercises are illustrated within three images.

8 0
1 month ago
1. How have the division and coordination of labor evolved at Merritt’s Bakery from its beginnings to today? 2. Describe how spa
arsen [3447]

Respuesta:

La división y coordinación del trabajo evolucionaron con la expansión en 1993 debido a una alta demanda, mediante la creación de una estructura organizativa que formaliza roles y responsabilidades

Explicación:

A medida que Merritt's Bakery crecía, los dos fundadores no pudieron satisfacer la demanda incluso trabajando 20 horas al día. Con la implementación de la coordinación y la división del trabajo, la panadería funcionó de manera más eficiente y permitió una mayor expansión

7 0
1 month ago
A professor records the majors of her 30 students as follows: Accounting Economics Undecided Finance Management Management Finan
Scilla [3833]

Answer: Nominal

Explanation:

The use of the Nominal measurement scale indicates that data is categorized into specific names or labels, which is the reason it is sometimes called Named data. For example, organizing dogs in a park by their breed such as Husky, American Bull, German Shepherd, etc.

This measurement scale does not involve numerical values and typically lacks any hierarchical arrangement.

In this case, the professor categorized her students based on their majors, with those majors serving as labels. Thus, she applied the Nominal measurement scale.

3 0
1 month ago
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