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What is expenditure dampening?
Expenditure dampening is a policy which seeks to reduce consumer consumption of imported goods. The government can dampen by increasing rates to make the imported goods cost more.
Why does a tariff make foreign goods more expensive?
Yes, a tariff is a tax on imported goods. The tax is added to the cost of the goods making them more expensive.
Is there any disadvantage to a government placing a tariff on imported goods?
Yes, the main disadvantage of a government placing tariffs on imported goods is increased cost and a possible retaliation tariff from the exporting country. Tariffs make the goods more expensive for the consumer.
Is there any disadvantages to a government placing a tariff on imported goods?
Yes, the main disadvantage of a government placing tariffs on imported goods is increased cost and a possible retaliation tariff from the exporting country. Tariffs make the goods more expensive for the consumer.
How can one calculate the average cost in economics?
To calculate the average cost in economics, you divide the total cost by the quantity of goods produced. This gives you the cost per unit, which is the average cost.
What are protective tariiffs?
They are taxes placed on imported goods to increase the price and protect locally produced goods which may cost more than the imported similar goods.
Calculate cost of goods sold?
To calculate the cost of goods you have to substract the gross profit from total sales.
What is a special tax added to the cost of imported goods?
Import duty.
What is the difference between cost of goods manufactured and cost of goods sold?
How do you calculate cost of goods sold for a manufacture company
What is expenditure dampening?
Expenditure dampening is a policy which seeks to reduce consumer consumption of imported goods. The government can dampen by increasing rates to make the imported goods cost more.
How do you calculate average daily cost of goods sold?
Annual cost of goods sold / 365
How do you calculate cost of goods sold with a mark up?
Calculate it, Idiot.
Is there a disadvantage to a government placing a tariff on imported goods?
Yes, the main disadvantage of a government placing tariffs on imported goods is increased cost and a possible retaliation tariff from the exporting country. Tariffs make the goods more expensive for the consumer.
Why does a tariff make foreign goods more expensive?
Yes, a tariff is a tax on imported goods. The tax is added to the cost of the goods making them more expensive.
Is there any disadvantage to a government placing a tariff on imported goods?
Yes, the main disadvantage of a government placing tariffs on imported goods is increased cost and a possible retaliation tariff from the exporting country. Tariffs make the goods more expensive for the consumer.
Is there any disadvantage a government placing a tariff on imported goods?
Yes, the main disadvantage of a government placing tariffs on imported goods is increased cost and a possible retaliation tariff from the exporting country. Tariffs make the goods more expensive for the consumer.
Is there any disadvantages to a government placing a tariff imported goods?
Yes, the main disadvantage of a government placing tariffs on imported goods is increased cost and a possible retaliation tariff from the exporting country. Tariffs make the goods more expensive for the consumer.
