Import quotas will increase the price consumers pay for imported goods and
a. increase the volume of imports.
b. increase the volume of exports.
c. decrease the volume of imports.
d. decrease the volume of exports.
c. decrease the volume of imports.
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Define the following terms:
Which of the following is true with regard to products?
A) The quality of products is far more difficult to measure than that of services. B) Products do not include experiences, organizations, persons, places, and ideas. C) Products are not meant for sale in the market. D) Products include services, events, persons, places, organizations, ideas, or a mixture of these. E) Products refer to only those activities that are essentially intangible.
Extraordinary repairs:
A. Are revenue expenditures. B. Extend the useful life of an asset beyond its original estimate. C. Are credited to accumulated depreciation. D. Are expensed when incurred. E. Are additional costs of plants assets that do not materially increase the asset's life.
Which of the following sentences illustrates passive voice?
a. The clerk made five errors. b. Susan had been in sales for five years. c. She asked for an adjustment. d. The report was completed by the entire team.