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Sergeu [11.5K]
1 year ago
7

An import quota is an example of a _________.A. tax on imported goods. B. quantity restriction. C. price floor. D. price ceiling

. E. tariff. Restricting the quantity of a good that can be imported is likely to mean that the price of that good will ________ rise stay the same fall _________.
Business
1 answer:
PIT_PIT [208]1 year ago
8 0

Answer:

The correct answer is option B.

The price of good will fall.

Explanation:

An import quota can be defined as a quantitative restriction on the import of a product. It is a trade restriction imposed by the government that puts physical limits on the volume of products that can be imported into a country.

The imposition of import quota causes the quantity of imported products to decline, As the supply of products gets reduced. The price of a product increases because of the leftward shift in the supply curve.

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Business writing is just one of several genres of writing. Learning to be a good business writer often requires unlearning some
sweet-ann [11.9K]

Answer:

C. Business writing uses less complex sentences, plain language, and a personable tone.

Explanation:

Characteristics of Good Business Writing. Accurate, so it leaves no room for error or misunderstanding. Clearly written, so that it is easy to understand the message and obvious what action the reader needs to take if any. Logical in structure, so the thought process of reasoning is easy to follow.

7 0
2 years ago
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Henry Co. manufactures DVD players. At the end of Year 1, Henry's management believes the growing popularity of streaming video
zysi [14]

Answer:

Not impaired because the fair value of the equipment is greater than the carrying value of the asset by $120,000.

Explanation:

Impairment will happen if carrying amount is greater than the fair value of the assets, here the carrying value of the assets is 1,480,000, which is lessor than the fair value of the assets 1,600,000 by 120,000. Hence impairment will not happen so 1st option is correct.

6 0
2 years ago
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BlackBerry, which gained significant market share in the early 2000s in the business, government, and consumer markets, lost mar
ziro4ka [17]

BlackBerry, which gained significant market share in the early 2000s in the business, government, and consumer markets, lost market share because "competitors offered phones with better designs and more features".

<u>Option:</u> B

<u>Explanation:</u>

The causes BlackBerry struggled are:

  • They were unable to innovate quickly enough. Apple and all the Android phone manufacturers released their phones with new operating system and physical shapes.
  • That was a major disruption in the market for cell phones and BlackBerry did not follow.

The company after Chen took over BlackBerry in late 2013 to concentrate more on apps. In 2016, the team stopped manufacturing its own branded phones and is now depending on suppliers to do so. The organization now provides a lot of its software and services revenues, as well as licensing, to big corporations.

4 0
1 year ago
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At an activity level of 8700 machine-hours in a month, Falks Corporation's total variable production engineering cost is $728,19
Jobisdone [24]

Answer:

$109.80 per unit

Explanation:

For we to be able to calculate the or solve the problem, we are to use the following method

Firstly

Variable cost per unit = $728,190 ÷ 8,700 units

Variable cost per unit = $83.70 per unit

Secondly

Fixed cost per unit at 8,900 units = $232,290 ÷ 8,900 units

Fixed cost per unit = $26.10 per unit

Lastly

Total cost = Variable cost + Fixed cost

Which we have as;

Total cost = $83.70 per unit + $26.10 per unit

Total cost = $109.80 per unit

5 0
1 year ago
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Kuyu Company uses the periodic inventory system. Kuyu started the period with $12,000 in inventory. The Company purchased an add
a_sh-v [17]

Answer:

$29,500

Explanation:

Given that,

Beginning inventory = $12,000

Ending inventory = $6,000

Purchases = $25,000

Purchase return = $1,500

Kuyu’s cost of goods sold during the period:

= Beginning inventory + Net purchases - Ending inventory

= Beginning inventory + (Purchases - Purchase return) - Ending inventory

= $12,000 + ($25,000 - $1,500) - $6,000

= $12,000 + 23,500 - $6,000

= $29,500

5 0
2 years ago
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