Which of the Following Is the Best Example of a Quota

question 29

Multiple Choice

Which of the following is the best example of a quota?

• A) A subsidy from the government to domestic manufacturers of tyres to enable them to compete more effectively with foreign producers.
• B) A limit on the quantity of tyres that can be imported from a foreign country.
• C) A 40 per cent fee imposed on all imported tyres.
• D) A tax placed on all tyres sold in the domestic market to help offset the impact of lost jobs in the domestic tyre industry.

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Definitions:

Fixed Costs

Expenses that do not change in proportion to the level of goods or services produced by a business.

Attitude Measurement

is the process of using various techniques and tools to evaluate and quantify individuals' attitudes towards objects, people, or ideas.

Social Context

The environmental and cultural factors that influence the behavior and attitudes of individuals or groups.

Organizational Citizenship Behavior

Voluntary behaviors employees perform to help others and benefit the organization, beyond their formal job requirements.