Nthe 1950s, ford and general motors established a small car-producing industry in australia and argued for a high tariff on car imports. the tariff has remained through the years. until 2000, the tariff was 22.5 percent. what might have been ford's and general motors' argument for the high tariff? is the tariff the best way to achieve the goals of the argument? ford's and general motors' argument for the high tariff was most likely a. that a tariff brings diversity b. the infant-industry argument c. the national security argument d. the dumping argument e. that a tariff penalizes lax environmental standards in other countri

When marietta chooses to only purchase a combination of goods that lie within her budget line, she: is decreasing utility. is maximizing utility. likely has negative savings. must reduce the quantity?

For each separate case below, follow the 3-step process for adjusting the prepaid asset account at december 31. step 1: determine what the current account balance equals. step 2: determine what the current account balance should equal. step 3: record the december 31 adjusting entry to get from step 1 to step 2. assume no other adjusting entries are made during the year. a. prepaid insurance. the prepaid insurance account has a $4,700 debit balance to start the year. a re- view of insurance policies and payments shows that $900 of unexpired insurance remains at year-end. b. prepaid insurance. the prepaid insurance account has a $5,890 debit balance at the start of the year. a review of insurance policies and payments shows $1,040 of insurance has expired by year-end. c.prepaidrent.onseptember1ofthecurrentyear,thecompanyprepaid$24,000 for 2 years of rentfor facilities being occupied that day. the company debited prepaid rent and credited cash for $24,000.

Karen is working on classifying all her company’s products in terms of whether they have strong or weak market share and whether this share is in a slow or growing market. what type of strategic framework is she using?