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january
inperfect oligopoly is a market the very few suuliers of aparticular item. if there is a quuta system in operation it means the few companies can not produce more than the quota; in so doing they are restricting supplies to the market thereby maintaining the desires amount on the market.
A quota is a limit on the amount of goods a foreign entity is allowed to export to the nation possessing the quota. A subsidy, on the other hand, is money paid directly or indirectly to local producers in order to advantage them in the market place compared to foreign producers which do not receive said subsidy. They are two different ways to shield domestic production from imports.
Generally speaking, an import quota will cause the price of the imported product to rise in anticipation that the number of say BMW's will be limited. Consumers and auto dealers know this so the price of the BMW will be increased to the level of price the market demands. A tariff on BMW imports brings revenue to the Government and at the same time causes the consumer to pay more to offset the BMW's cost to bring their product to market.
When a salesperson is required to make 10 sales a day, he has a quota of 10.
Government passed the emergency quota act. ^plato ~gabbz
january
january
Government passed the emergency quota act.
QUOTA
inperfect oligopoly is a market the very few suuliers of aparticular item. if there is a quuta system in operation it means the few companies can not produce more than the quota; in so doing they are restricting supplies to the market thereby maintaining the desires amount on the market.
Government passed the emergency quota act.
The quota system is a policy of limiting the number of minority group members in a business firm, school, etc while the market system is any systematic process allowing many people to bid on items.
quota!
a quota.
sales volume quota ,expense quota, profit quota, activity quota
If an individual was the winner of at least 1 national sports, then that particular individual is eligible for reserved seats under sport quota in an educational institution or some of the government services