The United States limits the amount of cheese purchased from other countries; this is a(n) ____ policy .
A. export quota
B. import dump
C. import quota
D. trade embargo
E. import tariff
C. import quota
An import quota is a trade barrier in the form of a limit on the numbers of a product that can be imported.
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Which of the following is an ERP add on system that organizes data by product, including designs, manufacturing specifications, quality and warranty performance?
a. product lifecycle management b. throughput c. push manufacturing d. pull manufacturing
What are commodity IT assets?
Refer to the Table The following table shows the number of calculators that can be assembled per week by various numbers of workers. If the price per calculator in a perfectly competitive product market is $8, how many workers would the firm employ if the weekly wage rate is $800?
Quantity of Number of Calculators Labor Per Week 0 0 1 200 2 360 3 480 4 560 5 600 a. 1 b. 2 c. 3 d. 4
Jansen Inc currently produces and sells 9,000 units per year with the following cost data: Variable costs $7 per unit Fixed costs $7,500 Next year, Jansen plans to increase its advertising budget, which will increase fixed costs by 7%. With increased advertising, the company expects the number of units produced and sold to increase by 12%. Determine the budgeted total cost for next year
A) $70,500 B) $78,060 C) $78,585 D) $71,025