Pricing Discretion. Would the following factors increase or decrease the ability of domestic manufacturers to raise prices and profit margins? Why?
A. Elimination of uniform product safety standards.
B. Increased import tariffs (taxes).
C. Increase import quotas.
D. A rising value of the dollar that has the effect of lowering import prices.
E. A tax on price advertising.

Question

Quizplus · Accepted Answer

The Answer of Pricing Discretion. Would the following factors increase or decrease the ability of domestic manufacturers to raise prices and profit margins? Why?
A. Elimination of uniform product safety standards.
B. Increased import tariffs (taxes).
C. Increase import quotas.
D. A rising value of the dollar that has the effect of lowering import prices.
E. A tax on price advertising.