A decrease in the import tariff will result in

a. an increase in imports but a decrease in domestic production.
b. a decrease in imports but an increase in domestic production.
c. an increase in price but a decrease in quantity purchased.
d. a decrease in price and a decrease in quantity purchased.


a. an increase in imports but a decrease in domestic production.

Business

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Which of the following is a key characteristic of a probability sample that determines the sample size of a population?

A) the number of chances a result occurs as planned B) the permissible sample error that can be allowed C) the inability to statistically project the results to the entire population D) the similarity in the sample characteristics being measured

Business

You want to buy a car on credit for $45,000 at a rate of 5% for 3 years.

a) Create an amortization table of the car loan that shows the portion of interest and principal of each payment. What is the total amount of interest that you will have paid at the end of the loan term? b) Create a Stacked Column chart that shows both interest and principal on each column. c) Calculate the monthly payment assuming that you were able to trade in your old vehicle for $5,000.

Business

Mismatches between actual demand and forecasted demand will result in ______.

A. excess inventory B. expanded market share C. employee dissatisfaction D. an increase in transportation costs

Business

Which of the following statements would be the best closing for a persuasive claim or complaint letter?

A) If my claim is not granted, I will leave negative reviews on every social media site that I can find. B) Please credit my account for $256 by August 31, which is when my next billing cycle begins. C) My attorney is eagerly waiting to see whether my claim is granted. D) Please get back to me at your earliest convenience.

Business