What do most economists find to be the most persuasive argument in favor of protectionism?
a. trade barriers protect infant industries that initially have relatively high costs.
b. trade barriers protect our national security.
c. trade barriers prevent firms from having to pay lower wages to compete with firms in developing countries.
d. trade barriers reduce child labor in developing countries.
e. both a and
b?
Answer:
Trade barriers protect infant industries that initially have relatively high costs ( A )
Explanation:
protectionism is an act of protection of local industries made by Government by restricting imports from other countries on goods and services been produced locally by industries in the country. this act is made possible by imposing tariffs on imported goods and services from other countries.
economists have argued that protectionism is not a very good practice especially for developing countries because if the other countries retaliate the countries who imposed tariffs on imported goods will suffer the most. the fact that economist agree on is the fact that Trade barriers protect infant industries from unfair foreign competition.
Jose cruz earns $2,275 each month and works 37.5 hours each week. his employer pays him overtime (for hours beyond 37.5) and uses the overtime premium approach. cruz's overtime premium hourly rate is
To find Cruz's overtime premium hourly rate, we must first calculate his regular hourly wage, which is $15.17 per hour. Without the specified overtime premium rate, we cannot determine the exact overtime rate; however, assuming a standard time and a half, his overtime premium would be $22.75 per hour.
The question asks us to calculate Jose Cruz's overtime premium hourly rate. First, we need to determine his regular hourly wage, which is his monthly earnings divided by the total number of hours he works in a month. Assuming Cruz works 37.5 hours every week, we can calculate his monthly hours by multiplying the weekly hours by the number of weeks in a month (assumed to be 4 weeks).
Let's calculate Cruz's regular hourly wage:
$2,275 per month / (37.5 hours per week * 4 weeks per month) = $2,275 / 150 hours = $15.17 per hourAccording to the information provided, if Cruz works overtime, he is paid an overtime premium. This premium is typically a certain percentage over the regular hourly rate. Unfortunately, the question does not provide the specific overtime premium rate, which is usually time and a half (150% of the regular rate) according to standard labor laws. However, without this specific percentage, we cannot provide a concrete answer.
If we take the standard overtime premium of 50% (time and a half), then we can make an assumption:
Overtime Premium Hourly Rate = $15.17 * 1.5 = $22.75 per hour.Which of these should be used to find the date and time of the Homecoming Parade?
a.
Term calendar
c.
Daily organizer
b.
Weekly planner
d.
None of these
Answer:
a. Term calendar
Explanation:
The term calendar is a calendar made by schools that shows the dates and times in which all the activities that have been planned for the term will take place. According to this, the term calendar is the one you should use if you want to find the date and time of the Homecoming Parade.
Rita's employer uses an aegcp at each construction site. it is april 26, and as rita gathers her power tool flexible cords to begin the day, she notices the inspector's tape is white. by the tape's color, rita knows the cord was inspected at the beginning of _____.
The ledger is a?
A. Chronological record of the days transactions.
B. Group of accounts that records data from business transactions.
C. Took used to ensure that debits equal credits
D. Tool used to make sure that all accounts have normal balances
A ledger is a group of accounts that records and organizes business transactions data to ensure debits and credits balance, which is crucial for preparing financial statements.
Explanation:The ledger in accounting is an essential component used to record and summarize all financial transactions of a business and ensure that debits equal credits. It is not a chronological record of the day's transactions, which is typically the function of a journal. Rather, the ledger is a group of accounts that stores and organizes the information from business transactions after they have been recorded in the journal. Each account within the ledger is presented in a T-account format, which helps in identifying the balance of each account. The ledger allows for the preparation of financial statements, such as the balance sheet, and to verify that all entries balance via a trial balance.
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Because of automation, which component of product cost is declining?
a. direct labor
b. direct materials
c. manufacturing overhead
d. advertising
As a result of advancements in automation, the component of product cost that is declining is direct labor. Automation technologies minimize human intervention in many manufacturing tasks, reducing labor costs. Even though there may be increases in manufacturing overhead, the reduction in direct labor often results in a net decrease in overall product cost.
Explanation:Due to the advent of automation, the component of product cost that is experiencing a decline is direct labor. The term 'direct labor' refers to the human labor component that directly contributes to the creation of a product or service. It typically involves roles like assembly line workers, craftsmen, or machine operators in a manufacturing setup. Automation minimizes the necessity for human intervention in many of these tasks, thereby reducing labor costs.
An example is an automobile factory; the production lines are predominantly automated, meaning fewer human workers are needed to fabricate each vehicle, leading to a significant drop in direct labor costs.
It's important to note that automation may increase other cost components such as manufacturing overhead due to the costs related to acquiring, maintaining, and upgrading automated equipment, but the net effect is often a reduction in overall product cost.
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personal finance please help
The work of your group would be better done in teams if the members of the team are ________.
Which of the following dishes is an example of Cajun cuisine? A. Falafel B. Pasta primavera C. Vegetable curry D. Shrimp gumbo
A cooperative is a type of business that is governed by ________ who use its products or services.
Which marketing metric measures the percentage of the target market that has been exposed to a promitonal message at least once during a specific time period?
Kramer Manufacturing would like to purchase a warehouse for $450,000. How much will the monthly payment be if Kramer can finance the warehouse for 10 years at a 4% annual interest rate?
The monthly payment for Kramer will be $4,540.75
What is periodic payment?
Periodic payment refers to an investment plan where an individual makes save little payments over time in order to invest them.
We know that the present value is $450,000 and we have 4% annual interest over 10 years.
Since we are looking at monthly payments, we will divide the 10 years into 120 months.
The monthly interest is calculated as:
(1.04) = (1+i)^12
i = 0.003274
Then using the formula for periodic payments:
PP = PV*i*(1+i)^n / [(1+i)^n - 1]
PP = (450,000)*0.03274*(1.03274)^120 / (1.03274^120 - 1)
PP = $4540.75
Hence, the monthly payment is $4,540.75
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Nathan started the first outlet of dynamix gym in new york city in 1995. the business expanded over time, and he became the owner of a chain of gyms in new york state. though the business had potential to expand outside new york, nathan did not want to take the risk or responsibility. hence, he decided to sell the license to own and operate gyms under the brand name dynamix gym to independent owners. in return, he charged them an initial fee and a small share in the monthly profits. in this scenario, nathan is a(n) _____.
Nathan is considered to be a franchiser. A franchiser is being defined as someone who owns an overaching company or trademarks and products in which they give a right to the franchisee to be able to run the franchise’s location in which is agreed with a fee.
____ is used to assess how well managers and their families are likely to adjust to foreign cultures.
a. sociocultural analysis
b. sociocultural diagnostics
c. adaptability screening
d. sensitivity screening
e. cultural awareness screening
International officials and business leaders have gathered to discuss free-trade policies. Outside their summit, protesters shout, "People before profit." These activists most likely align with which economic theory?
A. Adam Smith's unregulated supply and demand
B. John Maynard Keynes's limited government intervention
C. John Maynard Keynes's mixed market forces
D. Karl Marx's collapse of capitalism
Answer:
D) Karl Marx's collapse of capitalism
Explanation:
Karl Marx believed that the rich people (bourgeoisie) the benefited from the work of the working class people, he called them the proletariat. He stated that the abuses committed by the rich would eventually make the working class people rebel against the rich and dominant upper class. According to him, the rich only cared about money and didn't care about the welfare of the lower working classes.
Which of these features of modern urban mass transit is most important?
Mass transit has led to a decline in the prestige of the commercial air travel industry.
Mass transit provides steady, practical transportation for millions of people.
Mass transit is more efficient for the business and municipality and less efficient for the customer.
Mass transit is heavily regulated and produces jobs for regulators.
The most important feature of modern urban mass transit is that it provides steady, practical transportation for millions of people.
Modern urban mass transit systems play a critical role in ensuring sustainable and efficient urban mobility. Mass transit, including buses, subways, and trains, helps to reduce the number of cars on the road, which in turn decreases traffic congestion and pollution. This form of transportation is essential for city dwellers who rely on it to commute to work, school, and other daily activities. The economies of scale achieved with urban transit systems lead to significant cost savings for municipalities. Additionally, technologies like magnetic levitation trains and the hyperloop are pushing the boundaries of efficiency and speed in public transportation. These innovations promise to make mass transit even more practical and widely accepted in the future. The overall reliability and practicality of mass transit make it an indispensable part of urban infrastructure, benefiting millions of people every day.
Which type of conceptual block arises from set ways of thinking?
1. cultural
2.emotional
3.expressive
4.perceptual
for Plato users the answer is: perceptual
The conceptual block that arises from a set way of thinking is a perceptual block. Thus, the correct option is 4.
What are Conceptual block?Conceptual blocks are the mental stances that prevent a person from solving problems creatively, these acts as barriers that keep people stuck in a logical pattern which is unproductive. These blocks prevent creativity, as a person thinks from a single set of reasons.
Conceptual blocks could be either pre-established methods or routine human actions that may result in monotonous or unsatisfactory experiences.
Types of Conceptual blocks:-
There are 6 Types of Conceptual Blocks, These are:-
1. Perceptual
2. Emotional,
3. Cultural
4. Environmental,
5. Intellectual
6. Expressive
Methods to overcome conceptual blocks:- Understand the difficulty as you see it, and then perceive it in other ways. Use different analogies for the problem. Elaborate on it, and look for ways to state it differently. Develop various unconventional techniques for encouraging creativity in problem-solving.
Thus, the correct option is 4.
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Kassandra had a gross income of $3008.33 during each pay period in 2009. If she got paid monthly, how much of her pay was deducted for FICA in 2009?
The answer is 2761.64
Answer:
$2761.64
Explanation:
Ape.x
A small cruising ship that can hold up to 64 people provides three-day excursions to groups of 40 or more. if the group contains 40 people, each person pays $70. the cost per person for all members of the party is reduced by $1 for each person in excess of 40. find the size of the group that maximizes income for the owners of the ship.
Final answer:
To find the group size that maximizes income for the owners of the ship, calculate the total revenue for a group of 40 people and use a linear equation to represent the relationship between the number of extra people and the revenue. Plotting the revenue as a function of the number of extra people will help identify the group size that maximizes income.
Explanation:
To find the size of the group that maximizes income for the owners of the ship, we need to determine the number of people in the group where the total revenue is highest.
Let's start by calculating the total revenue for a group of 40 people. Each person pays $70, so the total revenue is 40 * $70 = $2800.
For each person in excess of 40, the cost per person is reduced by $1. So for every additional person beyond 40, the revenue per person decreases by $1. We can represent this relationship with a linear equation: Revenue = (40 + Number of extra people) * (70 - Number of extra people).
To maximize the revenue, we need to find the number of extra people that results in the highest value for the revenue. We can do this by plotting the revenue as a function of the number of extra people and finding the maximum point on the graph.
By analyzing the graph, we can determine that the group size that maximizes income for the owners of the ship is 44 people, with a total revenue of $2904.
A health inspector wants to check compliance with a new city ordinance on meat storage. since he can only inspect 10 of the 33 stores, he chooses to do a stratified random sample that consists of all 3 of the large chain stores, 4 of the 10 smaller chain stores, and 3 of the 20 locally-owned stores. from his inspection he finds that 2 of the 3 large chain stores are compliant, 1 of the 4 smaller chain stores is compliant, and 1 of the 3 locally-owned chain stores is compliant. using the sample results, estimate the proportion of the entire population of stores that is compliant with the ordinance.
a.0.121
b.0.4
c.0.6
d.0.879
BBBBBBBBBBBBBBBBBBBBBBBBBBB
Answer:
its b
Explanation:
I did it on on usatestprep
The delphi technique is a decision-making technique in which
When making a location decision at the country level, which of these would be considered?
a. land/construction costs
b. location of markets
c. air, rail, highway, waterway systems
d. corporate desires
e. zoning restri?
Having which trait will enable you to deal with people in a way that does not offend them?
Having (BLANK SPACE) will enable you to deal with people in a way that does not offend them.
Answer
Interpersonal skills
Explanation
Interpersonal skills/social skills are those skills people apply every day when communicating and interacting with other people both individually and in groups. Having interpersonal skills will make you more successful in both professional and personal life. Some of the Interpersonal skills are; self-confidence, work ethics, relationship management, listening, body language, receptiveness to feedback, collaboration, positive attitude and workplace etiquette.
Carl would like to save money for his first year at college and track his progress. What online tool should Carl use?
You need a quick $20 for dinner with a friend at a place that doesn't take credit cards. What should you do?
1. You stop by an ATM machine and do a quick $20 cash advance on your credit card.
2. You borrow $20 bucks from a parent or a friend.
3. None of the above.
Intellectual property falls into a category of property known as _____ rights, which are not tangible physical objects
When the number of people working outside the home increases, the measure level of gdp?
Which federal regulatory agency would most likely bring a civil suit against a business that broke securities laws?
the SEC
the FDA
OSHA
the FDIC
Answer:
the answer is A
Explanation:
The agency that would probably bring a civil suit against a business for breaking securities law is the SEC.
What does the SEC do?The Securities and Exchange Commission is the federal organization that is tasked with ensuring that securities law is followed.
As a result, if a business breaks these laws, the SEC is well within their mandate to bring a civil suit against that business.
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A salesperson possessing product knowledge that meets or exceeds customer expectations ________.
the majority of each monthly payment at the beginning of the loan goes to pay the: