Which of the following is an impact of tariffs on the country imposing them?
a. The domestic producers of import-competing products are forced to charge a lower price for their products to retain market share.
b. The supply of the domestic import-competing products declines.
c. Domestic consumers pay a higher price for the imported products.
d. The demand for the imported goods by domestic consumers increases.

Answers

Answer 1

The impact of tariffs on the country imposing them is that domestic consumers pay a higher price for the imported products. Hence, option c. is correct.

What is a tariff?

A tariff is a tax imposed by a government on imported products. It is a duty or fee charged on a particular category of imported or exported items.

A tariff's effects are always mixed. The following are some of the consequences that the country imposing tariffs may face:

Domestic consumers pay a higher price for imported goods: Because tariffs make imported goods more expensive, consumers must pay more to buy them, which raises prices. The government's revenue will rise as a result of this.

The supply of the domestic import-competing products declines: Tariffs provide an advantage to domestic producers by making imported goods more expensive, and this advantage enables them to increase their prices.

Domestic producers of import-competing products are forced to charge a lower price for their products to retain market share: Tariffs put domestic import-competing manufacturers in a better position to increase their prices.

Hence, option c. is correct.

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Related Questions

Select the correct answer from each drop-down menu.
Fablan Inherited some money from his family and decided to open a hardware store on his own. He bought the entire Inventory on credit from
vendors with the promise of paying them later. He hoped to have good sales when he opened the store because there weren't any other
hardware stores in the area. However, he couldn't sell most of his stock because there did not seem to be any demand. He knew he wouldn't be
able to pay the creditors from the money the store made. What kind of ownership does Fablan have over his store? What kind of liability is
Fablan open to regarding the money owed to his creditors?
Fablan has
✓ over the store. He has
with respect to the money owed to his creditors.

Answers

Answer:

As Fabian opened his store and made a purchase in credit, this made the asset as current assets and they are mainly getting converted to current liabilities as because he is liable to pay for the products he purchased but was unable to sell those items.

Explanation:

There are many ways of making money, but when there is a way of earning money which is not predictable, then it becomes very difficult to make decisions and analyze for anything,

A new business has total sales of $14,000, applied $1,350 in merchandise discounts, and had returns of $234. Calculate the business's total net sales.

Answers

Answer:

$12,416

Explanation:

Applied merchandise discounts mean discounts issued.

The net sales will be total sales minus merchandise discounts applied minus returns.

Net sales = total sales - ( discounts + returns)

Net sales = $14,000 - ( $1,350 + $234)

Net sales = $14,000 - $1,584

Net sales = $12,416

In a hypothetical situation, the united states and mexico have labor forces of the same size. The production possibilities curves in the figure show that the united states has an absolute advantage over mexico in vegetables and beef. This means that if both countries use the same amount of resources on those products, ______.

Answers

If the United states has an absolute advantage in the production of vegetables and beef over Mexico, the United States produces more of both products.

What is absolute advantage?

The Production possibilities frontiers is a curve that shows the various combination of two goods a company can produce when all its resources are fully utilised.

A country has absolute advantage in the production of a good or service if it produces more quantity of a good when compared to other countries

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Share of Customer at the "Hopping Handbag Hut" You are the marketing analyst for an online retailer that specializes in selling women's handbags called the "Hopping Hancbag Hur". Your company has an extensive CRM database. A previous analysis of the customer database has revealed 4 distinct segments of customers. Your company has tasked you with the challenge of increasing the average share of customor for members within each of the segments. Which segmint appears to have the greatest opportunity for us to claim additional share of customer? Which segment may prove to be unprofitable for us to have used cuir new couponing campaign? Click the icon to view the handbag purchases table for the 5 segments. Segment with share of customer \% appears to have the greatest opportunity for us to clam additonus share of customer. (Round to tie niarest percent) \begin{tabular}{lcc} \hline Segment & #-Months Prior Bought at Handbag Hut & # Total Handbags Bought \\ \hline Segment A & 7 & 11 \\ Segment B & 4 & 8 \\ Segment C & 2 & 5 \\ Segment D & 5 & 9 \\ Segment E & 5 & 9 \\ \hline \end{tabular}

Answers

Segment D appears to have the greatest opportunity for us to claim additional share of customer. This is because they have the lowest share of customer (33%) of all the segments.

The table shows that Segment D has a share of customer of 33%, which is the lowest of all the segments. This means that there is the most room for us to grow our business with this segment. Additionally, Segment D has the second highest number of total handbags bought (9), which suggests that they are a high-value segment.

We can increase our share of customer with Segment D by targeting them with marketing campaigns that are tailored to their interests. For example, we could send them emails about new handbag arrivals or special offers. We could also run social media ads that target people who have liked or commented on our handbag posts.

Segment A has the highest share of customer (55%), so it may be less profitable for us to use our new couponing campaign with this segment. However, we could still target them with other marketing campaigns, such as email or social media ads.

Segment B, C, and E have similar share of customer (27%, 14%, and 14%) and total handbags bought (8, 5, and 5). We could target these segments with the same marketing campaigns.

By targeting each segment with the right marketing campaign, we can increase our share of customer and grow our business.

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3. ______ are defined as goods or services that are required for health and safety.

Answers

Occupational Health and Safety are defined as goods or services that are required for health and safety. Information standards are guidelines governing the information that must be provided to consumers when they purchase specific goods.

What is the safety of goods?

A safe product is one that delivers either no risk or a minimum tolerable level of risk, taking into account the product's typical or reasonably foreseeable use and the need to maintain a high level of consumer protection.

Occupational health and safety is a multidisciplinary discipline that deals with all elements of workplace health and safety, with a heavy emphasis on preventing workplace dangers.

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Why might a person assume the Mr. White could be doing well financially

Answers

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Mr. White was the third and final owner of the talisman in W. W. Jacobs' short story "The Monkey's Paw." He plucked it from the fireplace when the previous owner, Sergeant Major Morris, tossed it there to burn and end the chain of misfortune that came with it. He is motivated mostly by curiosity, since he seems happy with his life and is financially secure.

Mr. White took the paw from his pocket and eyed it dubiously. "I don't know what to wish for, and that's a fact," he said slowly. "It seems to me I've got all I want."

Hope it helps!!

how can a business meet customer needs​

Answers

Bring in new products or services, introduce deals and sales, help local charities

easy career class question.

easy career class question.

Answers

Answer business


hope this helps

Tri-County G&T sells 150,000 MWh per year of electrical power to Boulder at $75 per MWh, has fixed costs of $82.5 million per year, and has variable costs of $25 per MWh. If Tri-County has 1,000,000 MWh of demand from its customers (other than Boulder), what will Tri-County have to charge to break even?

Answers

Answer:

Tri-County has to charge $824.59 per MWh to breakeven.

Explanation:

Breakeven Point is the level at which a firm neither makes a profit nor a loss.

Step 1 : Calculate the Total Fixed Costs

If If Tri-County has 1,000,000 MWh of demand from its customers other than Boulder, then the total fixed costs has to be established for the company first as follows :

Unit Cost = Total Existing Fixed Costs ÷ Existing Activity (Boulder)

               = $82,500,000 ÷ 150,000 MWh

               = $550 per MWh

Fixed costs including the demand from other customers :

Total MWh = 150,000 MWh ( Boulder) + 1,000,000 MWh (Other customers)

                  = 1,150,000 MWh

Therefore,

Total Fixed Costs = Unit Cost × Total MWh

                              = $550 × 1,150,000 MWh

                              = $632,500,000

Step 2 : Calculate the Break even point in dollars

Break Even Point (dollars) = Fixed Costs ÷ Contribution Margin ratio

Where,

Contribution Margin ratio = Contribution ÷ Sales

                                          = Selling Price - Variable Costs ÷ Sales

                                           = ($75 - $25) ÷ $75

                                           = 0.667

Break Even Point (dollars) =  $632,500,000 ÷ 0.667

                                           = $948,275,862.10

Step 3 : Calculate the unit selling price to break even

Unit Price = Total Sales ÷ Total Units Sold

                = $948,275,862.10 ÷ 1,150,000 MWh

                = $824.59 per MWh

Conclusion :

Tri-County has to charge $824.59 per MWh to breakeven

when chinese yuan ¥ 7 = us$1 and euro € 0.9 =us$ 1, what is ¥ price per €?

Answers

To find the Chinese yuan (¥) price per Euro (€), we need to consider the exchange rates given for both currencies in terms of US dollars ($).

Given:

¥ 7 = $ 1

€ 0.9 = $ 1

We can set up a proportion to find the ratio of Chinese yuan to Euros:

¥ 7 / € 1 = $ 1 / $ 0.9

To simplify the proportion, we can multiply both sides by € 0.9:

(¥ 7 / € 1) * € 0.9 = ($ 1 / $ 0.9) * € 0.9

This yields:

¥ 7 * € 0.9 = $ 1

Now we can solve for the Chinese yuan (¥) price per Euro (€):

¥ 7 * € 0.9 = $ 1

¥ 6.3 = $ 1

Therefore, based on the given exchange rates, the price of Chinese yuan per Euro would be approximately ¥ 6.3.

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A couple wishes to accumulate 1,500,000 pesos in a college fund for their son who is now celebrating his 7th birthday. They want the money to be available to him on his eighteenth birthday, and they are prepared to make equal annual contributions starting now and every birthday of their son until his 17th birthday. The fund has an annual interest rate of 5% compounded annually. How large should the couple's annual contributions be?

Answers

The couple should make annual contributions of approximately 90,211.57 pesos to accumulate 1,500,000 pesos by their son's 18th birthday, assuming an annual interest rate of 5% compounded annually.

To calculate the annual contributions required by the couple, we can use the formula for the future value of an ordinary annuity.

The formula for the future value of an ordinary annuity is:

Future Value = Payment × [(1 + Interest Rate)^Number of Periods - 1] / Interest Rate

In this case, the couple wants to accumulate 1,500,000 pesos by their son's 18th birthday, which means there will be 12 equal annual contributions (from his 7th to 17th birthday).

Let's calculate the annual contributions step-by-step:

Step 1: Determine the number of periods.

The number of periods is the difference between the ending year (his 18th birthday) and the starting year (his 7th birthday) plus one (including the starting year). Number of Periods = 18 - 7 + 1 = 12

Step 2: Calculate the future value of the annuity.

We'll use the formula mentioned earlier.

1,500,000 = Payment × [(1 + 0.05)^12 - 1] / 0.05

Step 3: Solve for the annual payment (contribution).

Rearrange the formula and solve for Payment.

Payment = 1,500,000 × 0.05 / [(1 + 0.05)^12 - 1]

Using a calculator, we can calculate the value of Payment.

Payment = 1,500,000 × 0.05 / [(1.05)^12 - 1]

≈ 90,211.57 pesos

Therefore, the couple should make annual contributions of approximately 90,211.57 pesos to accumulate 1,500,000 pesos by their son's 18th birthday, assuming an annual interest rate of 5% compounded annually.

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QUESTION 7 of 10: Which is NOT a use for market research?
a) Identifying what services customers want
Ob) Deciding what merchandise to sell
O c) Determining tax deductions
O d) Forecasting sales
Submit

Answers

Answer:

The answer would be b, determining tax deductions

Explanation:

All three of the other points are ways you can find out customers needs and wants, however tax deduction is used to figure out how much tax is owed.

How does a bank enforce the requirement of safeguarding your money?

Answers

The use of Mobile banking and electronic means of sending money is a requirement for safeguarding your money.

How does bank help to safeguarding your money?

Individual keep or safe money in the bank to avoid the risk of the money been stolen or loss due to improper way for handling.

Online transactions is one of the safeguard method's used by banks and electronic funds transfer (EFT).

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what is one of the effects that the internet has had on bussiness?

Answers

The advent of the Internet has made the presence of businesses global. ... The communication between customers and businesses increases customer satisfaction and enables businesses to get connected to the customers. The accessibility enables businesses to further expand their service or product, which increases profit.

Analyse the importance of price stability in preventing the extreme fluctuations in business cycles ​

Answers

Price stability plays a crucial role in preventing extreme fluctuations in business cycles and ensuring a stable economic environment. Here are two key reasons why price stability is important in this context:

1. Promoting Economic Confidence: Price stability instills confidence in businesses and consumers, leading to stable expectations and decision-making. When prices remain relatively stable over time, businesses can accurately predict costs and plan investments, fostering long-term economic growth. Likewise, consumers can make informed purchasing decisions without worrying about sudden price increases eroding their purchasing power. This stability in economic conditions encourages business expansion, investment, and consumer spending, all of which contribute to a more balanced and sustainable business cycle.

2. Minimizing Distortions and Inefficiencies: Extreme fluctuations in prices can introduce distortions and inefficiencies into the economy. Rapid price increases, known as inflation, erode the value of money and can lead to hoarding or speculative behavior. On the other hand, rapid price decreases, known as deflation, can discourage spending and investment as individuals and businesses anticipate further price declines. Both scenarios disrupt the normal functioning of markets, making it challenging for businesses to plan, invest, and hire employees. Price stability reduces these distortions, creating a more predictable and efficient economic environment where resources are allocated more effectively.

In summary, price stability is essential for preventing extreme fluctuations in business cycles. It promotes economic confidence, facilitates long-term planning, and minimizes distortions and inefficiencies in the economy. By maintaining price stability, policymakers can support a more balanced and sustainable economic growth trajectory.

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________ is the impact of currency exchange rate changes on the reported financial statements of a company. Group of answer choices Economic exposure Financial exposure Translation exposure Transaction exposure

Answers

Answer:

Im fairly sure the answer is Economic Exposure

The Federal Reserve Act of 1913 required all ________ banks to become members of the Federal Reserve System, while ________ banks could choose to become members of the system.a. state; nationalb. national; municipalc. national; stated. state; municipal

Answers

Answer:

c. national; state

Explanation:

The Federal Reserve Act of 1913 required that banks that operated nationally had to join the Federal Reserve System. It was mandatory, and national banks had to do it.

It also allowed banks that operated on a state level to join the Federal Reserve System, but that was optional, it was not mandatory.

Design database for a credit department of bank where the bank has multiple branches in different cities along with their assets. The bank has a list of the clients and their loans. Each loan has a deposit?

Answers

The database for the credit department of the bank would include the following entities: Branch, Client, Loan, and Deposit. The entities are related through foreign key references to establish relationships. This design allows for efficient management of client loans, deposits, and their associations with specific branches of the bank.

In this database design, the Branch entity represents the different branches of the bank with their respective assets. The Client entity stores information about bank clients. The Loan entity captures details about loans taken by clients, including the loan amount, interest rate, and duration. The Deposit entity represents the deposits made by clients, including the deposit amount and the start and end dates.

The relationships in the database are established through foreign key references. The Client ID and Branch ID in the Loan and Deposit entities reference the corresponding primary keys in the Client and Branch entities, respectively.

This database design allows for efficient management of client loans, deposits, and their associations with specific branches of the bank.

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jackson corporation has a profit margin of 4.7 percent, total asset turnover of 2.1, and roe of 19.24 percent. what is this firm’s debt-equity ratio?

Answers

The firm's debt-equity ratio is 0.54.

To calculate this ratio, we can use the DuPont model: ROE = PM x TAT x EM, where ROE is return on equity, PM is profit margin, TAT is total asset turnover, and EM is equity multiplier.

Given that ROE is 19.24%, PM is 4.7%, and TAT is 2.1, we can solve for EM:

EM = ROE / (PM x TAT) = 19.24% / (4.7% x 2.1) = 2.20

The equity multiplier tells us how much of the firm's assets are funded by debt. To find the debt-equity ratio, we subtract 1 from the equity multiplier and divide by 1:

Debt-Equity Ratio = (EM - 1) / 1 = (2.20 - 1) / 1 = 1.20 / 1 = 0.54

Therefore, the firm's debt-equity ratio is 0.54.

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When making decisions, managers often must decide between doing what is beneficial for the firm in the short term, and what is beneficial for both the firm and society in the long term. To address this conflict, a firm must

Answers

When making decisions, managers are often faced with a conflict between what is beneficial for the firm in the short-term and what is beneficial for both the firm and society in the long-term.

This conflict arises because the actions that benefit the firm in the short-term may not necessarily align with the interests of society as a whole, which can lead to negative consequences for both the company and society in the long-term.

To address this conflict, a firm must adopt a long-term orientation and consider the broader social and environmental impacts of its decisions. This means looking beyond immediate financial gains and recognizing that actions taken today can have far-reaching implications for the company's reputation, customer loyalty, employee morale, and overall sustainability.

Firms that prioritize social responsibility and sustainable business practices are more likely to build strong relationships with stakeholders, including customers, employees, investors, and regulators. They are also better equipped to weather economic downturns and other disruptions, as they have diversified their risk and invested in building resilient supply chains and communities.

Ultimately, the key to addressing the conflict between short-term gains and long-term benefits is a commitment to corporate social responsibility (CSR) and sustainable business practices. By prioritizing the needs of society and the environment alongside those of shareholders, firms can create value for all stakeholders over the long-term, ensuring their continued success and impact.

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uppose that you are interested in an investment that offers to pay you $750 at the end of year 1, $1,000 at the end of years 2 and 3, and $1,500 at the end of year 4. What is the maximum price that you can pay for this investment and still achieve your required rate of return of 6% per year

Answers

The maximum price for the investment, considering a required rate of return of 6%, is $3623.32.

Given the following information about an investment: Year 1: $750, Year 2-3: $1000, Year 4: $1500

The required rate of return is 6%. We have to find the present value of the future cash flows. We will use the present value formula to find the maximum price that you can pay for this investment.

Present Value = Future Value / (1 + r)ⁿwhere,r = the required rate of return, n = the number of years

Future value in Year 1 = $750, Future value in Year 2 = $1000, Future value in Year 3 = $1000, Future value in Year 4 = $1500

Calculating present value in year 1: PV1 = $750 / (1 + 0.06)¹= $750 / 1.06= $707.55

Calculating present value in year 2:PV2 = $1000 / (1 + 0.06)²= $1000 / 1.1236= $889.99

Calculating present value in year 3:PV3 = $1000 / (1 + 0.06)³= $1000 / 1.191016= $839.62

Calculating present value in year 4:PV4 = $1500 / (1 + 0.06)⁴= $1500 / 1.26248= $1186.16

Now, we can find the maximum price that you can pay for this investment by adding up the present values of all cash flows. PV of the investment = PV1 + PV2 + PV3 + PV4= $707.55 + $889.99 + $839.62 + $1186.16= $3623.32

Therefore, the maximum price that you can pay for this investment and still achieve your required rate of return of 6% per year is $3623.32.

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Alex is a brand manager at a large corporation. For the last 14 months he has been reading and re-reading all the research data that has been gathered about the market for a new product the company is going to launch. He realizes that he has wasted too much time in his review of the data and needs to improve the implementation of his marketing plan by just doing it. Alex is attempting to overcome what problem?

Answers

Alex is attempting to overcome Paralysis by Analysis.

What does "paralysis by analysis" mean?

According to Botnick, ruminating is the act of repeatedly spinning the same thoughts. But usually this overthinking doesn't produce any fresh insight. What ultimately causes the "paralysis," or inability to decide, is continuing to consider options when you already feel worn out and overwhelmed.

Overanalyzing or overthinking a situation can make forward motion or decision-making "paralyzed," which means that no solution or plan of action is agreed upon within a reasonable amount of time. Analysis paralysis describes an individual or group process where this might happen.

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define the term harmful activities​

Answers

Answer:

Harmful activities are what people all around the world participate in daily!
But these activities put their lives in jeopardy.

Why do people do it?
It gives an adrenaline rush to adrenaline junkies. “It’s fun” most would say.

Harmful activities are dangerous in a way that would give a bad effect towards someone and their overall health.

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Sergei’s boss has very strong opinions and often frowns upon questions from the team. This creates an environment where everyone just agrees with the boss decisions without questioning them

Answers

Knowing and comprehending each team member's opinions personality type will enable you to assign tasks in a way that best suits their interests and passions.

By doing this, you will raise team morale and productivity to their highest levels. Therefore, I always let my manager know when I'm having an issue. I jot out a list of my annoyances. I request a meeting with my employer opinions and explain these issues in detail. I want to be sure I'm not coming out as rude or sounding like I'm making any accusations against my supervisor. Good staff knowledge results in higher output and results.

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when a company provides superior value by leading its industry in price and convenience, it has obtained .

Answers

Operational excellence refers to a company providing value by leading its industry in price and convenience by reducing costs and creating a lean and efficient value delivery system.

Business operations is the harvesting of value from belongings owned by means of a business. Assets may be either bodily or intangible. An instance of value derived from a physical asset, like a constructing, is lease. An example of fee derived from an intangible asset, like an idea, is a royalty. The attempt worried in "harvesting" this price is what constitutes business operations cycles. That is the most honest and nicely-understood control imperative of commercial enterprise operations. The primary intention of this vital is to enforce a sustained delivery of products and services to the commercial enterprise's customers at a value that is less than the finances acquired in alternate for stated items and also self-employee services—in short, creating a profit.

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Which one of the following is not an integral part of the managerial process of crafting and executing strategy?
a. Developing a strategic vision
b. Choosing a strategic intent
c. Setting objectives and crafting a strategy to achieve them
d. Evaluating performance and initiating corrective adjustments in the company's long-term direction, objectives, strategy, or execution in light of actual experience, changing conditions, new ideas, and new opportunities
e. Implementing and executing the chosen strategy efficiently and effectively

Answers

Developing a strategic vision one of the following is not an integral part of the managerial process of crafting and executing strategy.

Option A is correct.

What is a strategy for execution?

The process of carrying out a business or organization's strategic plan in an effort to achieve its objectives is referred to as strategy execution. It involves daily structures, operational goals, and systems that prepare individuals tasked with particular responsibilities in an organization for success.

Why is strategy execution important?

The process of putting a company's strategic plan into action to get the results it wants is called strategy execution. It is an essential step in the process of strategic planning and can determine success or failure.

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Today, it is common to have workers from several generations in the workforce. The most common groups are the Baby Boomers, Generation X, and Millennials. There are differences and similarities among all the groups. 1. What are the rewards and challenges of managing a workforce composed of workers from different generations? 2. How can HR professionals assist line managers in dealing with workers from different generations? What HR programs should be customized to meet the diverse needs of workers from each generation?

Answers

In the present time, it is a common phenomenon to have employees from different generations working together in an organization. It is now becoming common for companies to have Baby Boomers, Generation X, and Millennials as their workforce.

Each group has differences and similarities, and it is essential to understand these differences to manage the workforce effectively.1. Rewards and Challenges of Managing a Multigenerational Workforce:Rewards: The workforce becomes diverse in terms of experience, culture, and knowledge, which leads to enhanced creativity and innovation. Each generation has a unique way of looking at things, and the synergy created by a multigenerational team can result in improved productivity.

A diverse workforce is likely to be more open to change, leading to better performance.Challenges: With a multigenerational workforce, there can be differences in work ethics, values, and communication styles. The generational gap can lead to misunderstandings and conflicts, resulting in low morale and productivity. It is the responsibility of management to understand these differences and take appropriate measures to manage the team effectively.

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Assuming that the liquidity premium theory is​ correct, on March​ 5, 2010, what did investors expect the interest rate to be on the​ one-year Treasury bill two years from that date if the term premium on a​ two-year Treasury note was 0. 01​% and the term premium on a​ three-year Treasury note was 0. 05​%?

Answers

The liquidity premium theory states that investors demand a premium for investing in longer-term bonds because they are less liquid than shorter-term bonds. The premium increases with the length of the bond's maturity.

What is the interest rate liquidity premium theory?

A liquidity premium is any additional compensation required to encourage investment in assets that cannot be converted into cash at fair market value easily and efficiently. A long-term bond, for example, will have a higher interest rate than a short-term bond because it is less liquid.

Since we are looking for the expected interest rate on a one-year Treasury bill two years from March 5, 2010, we need to average the expected yields of the two-year and three-year Treasury bills, weighting each by their time to maturity. The weight for the two-year Treasury bill is 1/2, and the weight for the three-year Treasury bill is 1/3.

The calculation would be as follows:

Expected yield on one-year Treasury bill in two years = [(0.26% x 1/2) + (0.30% x 1/3)] / [(1/2) + (1/3)]

= (0.13% + 0.10%) / 0.83

= 0.2355 or approximately 0.24%

Therefore, investors expected the interest rate on the one-year Treasury bill two years from March 5, 2010, to be approximately 0.24%.

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How often should businesses perform cash drops?
A. Only once, at the end of the business day
B. Only once a month, once all the receipts are totaled
C. Whenever someone makes incorrect change for a customer
D. Whenever the total amount of cash in a register has reached a
certain level

Answers

Answer:

d.

Explanation:

Businesses should  perform cash drops Whenever the total amount of cash in a register has reached a certain level. The appropriate response is option D.

What is cash drops ?

A cash drop is a sum of money that is taken out of the cash drawer and deposited in the safe or at the bank. You are allowed to take as many drops and as much money as you want. Usually, cash drops are done to take extra cash out of the drawer and put it somewhere else.

Cash drops are typically carried out to remove extra cash from the drawer and deposit it in the safe until the balance can be tallied. It is a sum of money that is taken out of the cash drawer and deposited in the safe or at the bank

When the total quantity of cash in a register reaches a certain threshold, businesses should do cash drops.

Hence, the appropriate response is option D.

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For a monopolist: price equals average total cost. price is above marginal revenue. marginal revenue equals zero.

Answers

Answer:

The correct answer is C) Price is above the Marginal Revenue Curve.

Explanation:

In a monopoly, entry in to the market is prohibited or very difficult. It features one seller and many buyers. The monopolist controls price and output simultaneously but not independent of each other.

However, in order to sell more, the monoplist must drop its prices. This is why the Marginal Revenue curve is steeper under a monopolistic market.

If for example, a monopolist can sell 1 loaf of bread of $60 or 2 loaves for $59 each.  To sell two loaves, the price must drop by $1.  But MR for the second one is change in Total Revenue divided by change in quantity or (118 – 60) / (2-1) = $58.  So MR fell by $2 which is arrived at by subtracting $60 from $58. This of course is twice the rate of price.      

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Other Questions
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