The infant industry argument, which was proposed about 20 years after the publication of The Wealth of Nations, continues to be used today. In case after case where industries were protected by governments using high tariffs:

What are two benefits of consumer programs

Kcompany estimates that overhead costs for the next year will be $4,900,000 for indirect labor and $1,000,000 for factory utilities. the company uses direct labor hours as its overhead allocation base. if 100,000 direct labor hours are planned for this next year, what is the company's plantwide overhead rate?

When conducting a swot analysis, information about turnover, profit margins, and staff quality can be used to identify: