US Imports of Sugar Are Limited by an Import Quota

question 32

Multiple Choice

U.S. imports of sugar are limited by an import quota that, according to a study updated in 2015, imposed a total cost on American consumers close to $________, or an average consumer cost of over ________ per year for every job saved in the U.S sugar industry.

• A) $3 billion; $10
• B) $105 million; $3
• C) $2 billion; $110
• D) $3.5 billion; $3,000,000
• E) $370 million; $20

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Definitions:

Innovation

The process of creating new ideas, products, or methods, which bring improvement over existing ones.

Critical Innovation Roles

Critical innovation roles refer to key positions and responsibilities within an organization that are essential for driving and managing innovation processes and outcomes.

Project Managers

Coordinate complex projects with task deadlines and people with many areas of expertise.

Innovation Followers

Innovation followers are companies or individuals that adopt new technologies or practices after they have been proven by innovators and early adopters.