Similar to import tariffs, quotas on imports result in
a. higher levels of consumer surplus.
b. lower levels of producer surplus.
c. higher prices for domestic consumers.
d. higher prices for foreign consumers.
c. higher prices for domestic consumers.
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What are the two components of kinesics?
a. chronemics and gestures b. postures and gestures c. intimate and personal zones d. pitch and posture
When the excess of ROA over the after-tax cost of borrowing declines, additional ________________________________________ begins to reduce the return to common shareholders
Fill in the blank(s) with correct word
When Disney relied on licensing agreements with the Oriental Land Company to open its first foreign theme park, Tokyo Disneyland,
A. Its licensing partner, the Oriental Land Company reaped the windfall, because the partner who bore the risk was also likely to be the biggest beneficiary from any upside gain. B. Japanese consumer buying habits and demographics no longer posed a challenge for Disney. C. It was Disney, not the Oriental Land Company, that reaped the windfall because of learning curve effects. D. Disney no longer needed to contend with fluctuating exchange rates and country-to-country variations in host government restrictions and requirements. E. Disney was able to meet the challenge of localizing its product offerings in Japan, leading to a low-cost advantage.
In 1962, President John F. Kennedy outlined a Consumer Bill of Rights that codified the ethics of exchange between buyers and sellers. These were the right: (1) to safety; (2) to be informed; (3) to choose; and (4) ________.
A. to exchange or return products and services within a reasonable period of time B. to be compensated for product defects C. to be heard D. to receive fair prices for both products and services E. to have legal representation in a court of law