Suppose there is a policy debate regarding the united states' imposing trade restrictions on imported tires:

a political pundit explains that it is necessary to impose trade restrictions, such as a tariff, on the tire industry to protect workers in the domestic tire industry. the pundit claims that without trade protection, there will be layoffs, causing many u. s. workers in the tire industry to be unemployed.

which of the following justifications is the pundit using to argue for the trade restriction on tires?

a. using-protection-as-a-bargaining-ch ip argument
b. infant-industry argument
c. unfair-competition argument
d. jobs argument
e. national-security argument

1. which one of the following would be an example of a supply-side market failure? a. a gas station is slowly leaking diesel fuel from its underground tanks, and after the leak is discovered, the business immediately cleans up the pollution at its own expense. b. a gas station is slowly leaking diesel fuel from its underground tanks, but the state uses taxpayer money to clean up the pollution rather than requiring the business to pay. c. your business wants to attract repeat customers by putting on a customer-appreciation picnic at a public park, but you decide not to because you couldn't prevent noncustomers from consuming the food and entertainment you provided. d. everyone rushes to the local retail outlet at midnight on the day of the release of a new video game console, and the store runs out before everyone is able to buy one.

Activity-based costing (abc) is not truly a cost collection mechanism as much as it is an inventory valuation method. the main purpose for implementing an activity-based cost system is to try to overcome some of the cost distortions that occur in traditional costing from product differences when there are variations in size and complexity. however, one of the disadvantages of utilizing abc is that the additional information gathering necessary to implement costing with that level of detail might be beyond the reach of some companies with resource or financial constraints. with this in mind, what kinds of industries or companies do you think would benefit most from using activity-based costing and why? in designing or modifying an accounting system to capture appropriate costs for abc, what considerations do you think would need to be made?

Will ged let you use the app for the real ged test