Answer:
The reason the government is often more responsive to producer interests than to consumer interests when it comes to the imposition of tariffs and quotas is:
it wants to ensure that producers are protected from foreign competition.
Explanation:
Producers face foreign competitive threats. Consumers do not face such competition. Therefore, the government will often consider the producers' interests more than the consumers' interests when imposing trade tariffs and quotas. If local industries are not protected from their foreign competitors, the unemployment rate will increase and the economy will be flooded with cheap and low quality goods from other countries. In that way, the US will be subsidizing the foreign producers indirectly.
Answer:
c. There is no contract.
Explanation:
For a contract to be valid there has to be a offer and acceptance. In the question there was no offer that was accepted. Let us go through the conversation;
Jane made an offer of $50
Al did no accept, instead he made an offer of $75
Jane did not accept Al's offer instead she made an offer of $65. To this offer Al said "No way" meaning he did not accept.
Answer:
either E ⇒ B, or A ⇒ C
Explanation:
When consumers expect that the price of a normal good will increase significantly in the near future, the demand curve tends to shift to the right (at least temporarily). This means that the total quantity demanded of coconuts will increase at every price level.
<span>The organizational buying process has more steps than the consumer buying process, which can be attributed to </span>the fact that organizational buying involves teams and takes several months to make decisions.
Answer:
Return on equity in 2017 is 12% while that of 2016 is 12.5%
Explanation:
The formula for return on equity is given as net income/equity.
The net income is $120000 for 2017 and $100000 for 2016.
Shareholders' average equity is 1000000 shares in 2017 and 800000 shares in 2016.
2017 2016
Return on equity 120000/1000000 100000/800000
Return on equity 0.12 0.125
The return on equity is 12.0% in 2017 and 12.5% in 2016.
From all indications, the issue of additional shares to the tune of $120000 lead to a reduction in return on equity in 2017 by 0.5%
