what likely effect will a new tariff have on the price of an imported product

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Answer 1
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Tariffs increase the prices of imported goods. Because of this, domestic producers are not forced to reduce their prices from increased competition, and domestic consumers are left paying higher prices as a result.


Related Questions

An organizational unit of a factory that has the responsibility for partially manufacturing or producing a product is called a:

Answers

Answer:

Production Department

Explanation:

Synthesizing Suppose you were told that you would
earn $95,000 in 2020. Explain why this information
would say little about the standard of living you might
enjoy. What other information would you need before
you could evaluate how well you could live in 2020?

Answers

Answer:

The nominal earnings is only one side of the story. The thing that matters is what the earnings would be able to buy. Hence, we need to know how the prices are going to change, and what are is the expected inflation. If the inflation is very high, the same nominal money would be able to buy less goods and if the inflation is more, the same nominal money would be able to buy more goods.

Explanation:

The answer is the explanation

Before evaluating how well I could live in 2020, there are several other factors that need to be evaluated.

Evaluation for living

Many things need to be evaluated. These include the rise in price of every thing from food, petrol, and other basic necessities. It is important to note that what our earnings would be able to buy. Earnings will decide how better can we live in 2020.

Standard of living

Standard of living refers to the level of wealth, comfort, material goods, and necessities available to a certain socioeconomic class or geographic area. Standard of living is relevant because it is considered to contribute to an individual's quality of life.

Thus, many things need to be evaluated before deciding how well we are going to live in 2020.

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An insurance company is a _________ business that agrees to pay for losses that may happen to someone it insures.

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Insurance companies are generally classified as mutual or stock companies

You are getting ready to drive with a child under three years of age in your four-passenger car. You must

A: Secure the child in the rear seat using an approved children's car seat or child restraint device.
B: Turn off the front-passenger air bag and secure the child in the front passenger seat using an approved child restraint device.
C: Secure the child in the front passenger seat where you can see them, using an approved children's car seat.
PREV

Answers

You exist getting ready to drive with a kid under three years of age in your four-passenger car. You must  Secure the child in the rear seat utilizing an approved children's car seat or child restraint device.

What should maintain when driving with a child?

To create certain that kids understand the significance of seat belts, be a role models. Always utilize your seat belt regardless of where you exist going. Use the middle of the back seat for a kid if possible because it exists the safest spot for children in a car. Make certain you comply with all traffic laws and wear the appropriate safety gear. create everything to be intentional on a road trip with kids.

The correct answer exists in option A.

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Popular weight management organizations, such as Jenny Craig, Overeaters Anonymous, TOPS, and Weight Watchers all ______. Multiple choice question. include education and weekly support charge monthly fees are faith-based group

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Popular weight management organizations, such as Jenny Craig, Overeaters Anonymous, TOPS, and Weight Watchers all: A. include education and weekly support.

A good body composition can be defined as a physical state in which an individual has a well-balanced proportion of body fat and non-fat constituents (mass)

This ultimately implies that, the individual's body fat is in a lesser percentage while the non-fat mass such as organs, bones, muscle, etc., are in a higher percentage.

Generally, you can can develop a good body composition by performing the following:

Exercising regularly and properly.Eating a well-balanced diet.Regularly checking your body mass index (BMI).

Additionally, you should endeavor to read the education and weekly support provided by popular weight management organizations, such as Jenny Craig, Overeaters Anonymous, TOPS, and Weight Watchers.

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An increase in government purchases will increase aggregate demand because A. government expenditures are a component of aggregate demand. B. the decline in the price level will increase demand. C. consumption expenditures are a component of aggregate demand. D. the decline in the interest rate will increase demand.

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An increase in government purchases will increase aggregate demand because government expenditures are a component of aggregate demand.

From the above choices given only choice A gives the best answer.

According to Keynesian theory the aggregate demand is dependent on four components which are government spending, consumption, investment, and net exports.

Government spending increases as government purchases increase.

The increase in government spending increases results in decrease in taxes which in turn affects the aggregate demand.

The increase in consumption increases results only when taxes are decreased which in turn affects the aggregate demand.

From the above choices given only choice A gives the best answer.

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A data analyst reviews a spreadsheet of boat auction sales to find the last five sailboats sold in Kentucky. What steps would they take in order to narrow the scope? Select all that apply.

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The steps that would they take in order to narrow the scope will be:

Sort by date in descending order.Filter out sales outside of Kentucky.

A spreadsheet simply means a computer application that's used for organizing, analyzing, and storing data in tabular form. It's a file that can be used in arranging, calculating, and sorting data.

Since the analyst reviews a spreadsheet of boat auction sales to find the last five sailboats sold in Kentucky, the steps that should be taken to narrow the scope include sorting the date in descending order and filtering out sales outside of Kentucky.

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In companies that do not use a self-imposed budgeting process, profit targets are generally set by ______

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Answer: Top Manager

Explanation:

unions employ two kinds of boycotts to enforce their demands. these two kinds of boycotts are

Answers

Answer:

primary and secondary

Explanation:

Answer: Primary And Secondary

Fifty percent of the market is in the hands of Company A, 30 percent is in the hands of Company B, 15 percent is in the hands of Company C, and the remaining 5 percent is in the hands of Company D. Based on these hypothetical numbers, Company D is most likely the market ________.

Answers

Based on these hypothetical numbers, Company D is most likely the market Nicher.

When determining one's product or brand position, a company needs to identify its position in comparison to its competitor's brands/products. Whether it is a leader, challenger, follower, or nicher to adopt appropriate strategies to compete in the market.

A company is considered a leader if it has the largest market share. As per the given information, it is Company A who is the leader.

Challengers are those who have a medium share but can challenge the leader. In this case, it is Company B.

Company C is a follower in the given question, as it is not in any offensive position against the leader.

Nicher is those who have a small market size. Hence, Company D is a nicher due to the small market share of only 5%.

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What is the name for the process that includes product returns, recycling and material reuse, and waste disposal

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I’m sorry if this isn’t right but I am pretty sure it’s just returns management

For five years, Willard Insurance Group offered $500 bonuses to individuals who identified ways to reduce costs by at least $1,000 per year. In the first year of that incentive program, 31 employees earned the bonus, but last year, only 14 submitted ideas, and only three of the ideas would actually save more than a few dollars. The company's HR director suggests that the company is likely to see more improvement if it replaces individual incentives with a gainsharing plan. Which statement best supports this argument

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Based on the benefits of gainsharing and this scenario, the best statement to support this argument is e. Gainsharing expands employees' thinking beyond their individual interests.

Gainsharing:

Refers to employees sharing from the gains the company gets when it grows Inspires employees to work together to grow the company

Should gainsharing be implemented here, employees would try to find ways of cutting costs together as this would benefit the entire company and lead to them getting more gains as well.

They would therefore look past individual interests and more towards the growth of the company.

In conclusion, gainsharing leads to employees thinking about more than themselves.

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Particularly during the early years of a home purchase, home ownership can provide

Tax deductions
Greater liquidity
Significant spruces of revenue
Insurance protection

Answers

According to taxing regulations, particularly during the early years of a home purchase, homeownership can provide "tax deduction."

This is because as a homeowner, the Internal Revenue Service, which is in charge of tax collection, offers the individual a tax deduction of up to $5,000 as a single or divorced and up to $10,000 of property taxes as a married couple filing jointly.

This situation allows individuals to have a tax break and offset the high costs of buying and acquiring a home.

Hence, in this case, it is concluded that the correct answer is option A. "Tax deductions."

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A person has a comparative advantage in the production of a good when she or he can produce the product at a(n) ________ opportunity cost compared to another person. a. higher b. diminishing c. increasing d. equal e. lower

Answers

Answer:

C. an increasing opportunity cost compared to another person

Explanation:

a person with which holland personality type would be a good fit for a career in accounting?

Answers

A person with the conventional Holland personality type would have a good career in accounting.

Such a person would be one that has a likeness with numbers and also loves to record things in an orderly manner.

This person is one who loves working with records in a way that is systematic as well as in an orderly fashion.

People with these characteristics are said to be good in the world of business and are good at setting plans.

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Conducting a staff meeting online so employees from around the globe can join the discussion is an example of _____________.

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The name which is given to the act of conducting a staff meeting online so employees from around the globe can join the discussion is:

Video conferencing

According to the given question, we are asked to state the name which is given to the act of conducting a staff meeting online so employees from around the globe can join the discussion.

As a result of this, we know that video conferencing has to do with the virtual meeting where people from different locations around the world can connect and see and hear each other.

Therefore, the correct answer is Video conferencing

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The amount by which an additional unit of a factor increases a firm's total _____ during a period is the _____.

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The amount by which an additional unit of a factor increases the firm's total revenue during a period is marginal revenue product.

Hopefully, this helped!

The amount by which an additional unit of a factor increases a firm's total revenue or production during a period is the marginal product.

What is marginal product?

The additional output, return, or profit generated per unit as a result of benefits from production inputs is referred to as marginal productivity or marginal product. Raw materials and labor are examples of inputs or factors of production.

The excess production produced as a result of an increase in the company's input is known as its marginal product. It is also known as MPP, or marginal physical product. It studies under the economies of scale in term of law of variable proportionality or  declining marginal utility.

Practically, this might refer to the extra doughnuts made in a donut shop if they hire an extra worker.

Thus marginal product is account for when extra factor employed.

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Business owners and managers prefer to hire people who are referred to them personally. Please select the best answer from the choices provided T F.

Answers

Answer:

True

Explanation:

Interviewing an individual requires considerable time and effort.  The applicant must have the skills required, the aptitude to work hard, and be able to communicate and collaborate with others in the organization.  A manager often doesn't spend the time to carefully review, and check, the resume.  Managers will rely on their ability to judge a candidate simply based on a discussion, level of interest, and ability to answer a few common questions, such as 1) where do you see yourself in 5 years, 2) what attracted you to this job,  3)  name your best strengths and identify a weakness, and 4) have you ever had any experience in _____[describe job]___.  Like online dating, what you see isn't always what you get.

A good recommendation from a trusted acquaintance can go a long way in when a candidate in interviewed.  If they are recommended by someone you know, it helps break any hesitancy in making an offer.  A recommendation brings a strong comfort level that would otherwise not be possible with a stranger.

how is raytheon pursuing greater revenues and profits?

Answers

Raytheon is pursuing greater revenues and profits because Raytheon is expanding into new markets in the United Arab Emirates and Saudi Arabia.

It should be noted that the main aim of an organization is to maximize profit and revenue. These are vital for the growth and development of the organization.

From the complete information, Raytheon is pursuing greater revenues and profits as the company is expanding into new markets in the United Arab Emirates and Saudi Arabia. Raytheon has set up companies in both countries that will help in addressing the defense requirements and building capacity.

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at the core of the erp system is a _______________ that is shared by all users so that all business functions have access to current and consistent data for operational decision making and planning.

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At the core of the erp system is a database that is shared by all users so that all business functions have access to current and consistent data for operational decision-making and planning.

It should be noted that a database is known as the core of the Enterprise Planning System. It is accessible by all the users in the decision-making and planning of an organization.

Also, a database can be accessed by all users so that they'll be able to take important decisions that will have an impact on the organization. Therefore, at the core of the erp system is a database that is shared by all users.

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Buying a car is a big financial decision. What did Henry do well throughout the car buying process? What should he have done differently throughout the process to be better informed and make better decisions

Answers

Answer:

hear the decisions of othera

Explanation:

listen to the decisions of others and consider whether what they have said is right and no one will be trampled on

Charlotte, a manager for Everyday Beauty Company, has just been given a report showing sales in her region are lower than anticipated for the third quarter. Her next task is to determine the reason for the disappointing results and find a way to get sales up to their desired level. Charlotte's efforts are part of the __________ function of management.

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Considering the situation described above, Charlotte's efforts are part of the Planning function of management.

This is because the Planning function of management involves various processes, including planning or making the mission and vision of the firm.

It also includes determining the systems and means by which a desired goal or results of the company or business is achieved.

Thus, in this case, as Charlotte's next task is to determine the reason for the disappointing results and find a way to get sales up to their desired level, this is an example of the Planning function of management.

Hence, in this case, it is concluded that the correct answer is "Planning."

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Lenovo's assumption that consumers want a higher-quality camera on their phone most likely came to light during the _______________ stage of the new product development process.

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Lenovo's assumption that consumers want a higher-quality camera on their phone most likely came to light during the idea generation stage of the new product development process.

New product development can be defined as the use of a business firm's product development efforts and ideas to achieve the following:

I. The development original products.

II. Improvement of its product.

III. Modifications of a product.

IV. The creation of new brands.

Basically, the new product development process comprises four (4) main stages and these include:

Idea generation and screening.Content development and testing.Product development.Test marketing.

Idea generation simply involves the systematic search by a business firm for new product ideas.

In this context, Lenovo's assumption most likely came to light during the idea generation stage of the new product development process.

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a $20,000 life insurance policy application is completed, however the producer does not collect the initial premium. at what point does the coverage go into effect

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Based on the information given the point at which the coverage will go into effect is when the policy is receive and the premium is paid.

Initial premium is the amount or initial payment that is made on insurance coverage.

For the insurance coverage to be effective the initial premium was suppose to be summitted along with the insurance policy application.

Based on the information given the insurance coverage will go into effect when the life insurance policy is received and when the  initial premium is paid or when the the first payment is included with the application.

Inconclusion the point at which the coverage will go into effect is when the policy is receive and the premium is paid.

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Answer: When the applicant receives the policy and pays the initial premium.

Explanation:

With Dollar Shave Club, you can sign up online for a subscription of shaving and personal care products to be delivered to your home without a face-to-face meeting with a salesperson; it uses a(n) ________ marketing channel.

Answers

Marketing channels are the media employed by businesses in the bid to sell their products. In the case of Dollar Shave Club described above, the business uses the;

Direct Marketing Channel

The direct marketing channel is employed when goods are marketed in places that are not the fixed retail locations.

In our modern age, direct marketing is employed can be applied when customers purchase our goods online.

So instead of a fixed offline marketing position, the online outlet becomes a medium for selling on a personal level to the customer.

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True or False: After calculating how much money you have left after paying for all of your monthly expenses, you can
olan on spending up to 50% of that amount on car expenses

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Based on microeconomic theory, it is true that after calculating how much money you have left after paying for all of your monthly expenses, you can

plan on spending up to 50% of that amount on car expenses.

Note that after making a payment on living expenses, such as rent, mortgage, utilities, loans, car payments, and food, the money that remains is discretionary income.

This discretionary income can be used as savings, investment, or spending on your discretionary expenses such as vacations and travel expenses, car expenses.

This is because discretionary expenses are categorized under wants instead of needs.

Thus, given that planning for car expenses is a want, then the statement in the question is True.

Hence, in this case, it is concluded that the correct answer is "True."

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True or false: Once the entire cost of a resource has been recovered, the business is NOT allowed to continue deducting depletion expense for the resource.

Answers

Answer:

False

Explanation:

Can someone please help me right a cover letter for this?
Please don't just take the points

Answers

Answer:

5. Submit a thema chose that includes at leasnne below or submit a separate Word or PowerPoint document containing the time line. If your tim

Explanation:

chose that includes at leasnts on your time line.) You can create the time line below or submit a separate Word or PowerPoint document containing the time line. If your tim

rank order the different eras of marketing by putting the earliest at the top to the most recent at the bottom.

Answers

Answer:#1- production, #2- sales, #3-marketing concept, #4- customer relationship

Explanation:

The different eras of marketing by putting the earliest at the top to the most recent at the bottom rank are the production, sales, marketing, and customer.

What is marketing?

The practice of a business of promoting the purchase and sale of goods and services is referred to as “marketing.” Promotion, publicity, and advertising make up marketing. The marketing are the important part of the economies. The marketing are the based of the consumer behavior.

The marketing are the putting the earliest at the top to the most recent are the ranking on the top to bottom. The first is the production, sales, marketing concept, and the customer relationship. There is the marketing is the promotion of the audience. There are the earliest in the top to the bottom.

As a result, the different eras of marketing by putting the earliest at the top to the most recent at the bottom rank are the production, sales, marketing, and customer.

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The average number of billion dollar weather events increased almost ________ during the last 7 years (2011-2016) as compared to the previous 40 years (1980-2010).

Answers

Answer:

twice

Explanation:

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