8. the arguments for restricting trade suppose there is a policy debate over whether the united states should impose trade restrictions on imported semiconductors: domestic producers of semiconductors send a lobbyist to the u. s. government to request that the government impose trade restrictions on imports of semiconductors. the lobbyist claims that producers in other countries receive subsidies to export semiconductors and that domestic suppliers can’t compete in the international marketplace. which of the following justifications is the lobbyist using to argue for the trade restriction on semiconductors? fairness in trade argument national security argument protection against cheap foreign labor argument job protection argument infant-industry argument

Ardmore farm and seed has an inventory dilemma. they have been selling a brand of very popular insect spray for the past year. they have never really analyzed the costs incurred from ordering and holding the inventory and currently fave a large stock of the insecticide in the warehouse. they estimate that it costs $25 to place an order, and it costs $0.25 per gallon to hold the spray. the annual requirements total 80,000 gallons for a 365 day year.a. assuming that 10,000 gallons are ordered each time an order is placed, estimate the annual inventory costs.b. calculate the eoq.c. given the eoq calculated in part b., how many orders should be placed and what is the average inventory balance? d. if it takes seven days to receive an order from suppliers, at what inventory level should ardmore place another order?