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The steel industry has been lobbying for high taxes on imported steel. Russia, Brazil, and Japan have been producing and selling steel on world markets at $610 per metric ton, well below what equilibrium would be in the United States with no imports. If no imported steel was permitted into the country, the equilibrium price would be $970 per metric ton. Show supply and demand curves for the United States, assuming no imports; then show what the graph would look like if U.S. buyers could purchase all the steel that they wanted from world markets at $610 per metric ton; show the quantity of imported steel.
Imagine your boss in the United States home office wants to know your perspective on the following. How do international sanctions, tariffs, quotas,
Study an organization of your choice and recommend methods to decrease costs. Determine what effects do technologies have on costs and what are some lower cost sources organization may utilize to decrease cost?
What challenges would face the Greek government if they wanted to undertake fiscal policy to address the problems described in b?
The President of US is suggesting increased spending for a missile defense system and also proposing a major long term tax cut. Provide some predictions of possible outcomes for the federal budget categories,
1. Which of the following statements is/are consistent with publicly traded companies 2. In the context of the agent-principal problem, what term is used to refer to the costs incurred by principals to attempt to ensure that their agents are actin..
The fiscal policy measure that has more direct impact on the economy is an increase in government spending if consumer confidence is lower than the previous month. One of the ways the President Obama stimulated the economy was through increased g..
1. how does the united states national debt compare to other countries? in your opinion what should the united states
Discuss differing views of the same landscape in the context of globalization of culture and Internet accessibility. 200 words or more
Why do economists pay little attention to the algebraic sign of the elasticity of demand for a good with respect to its own price, yet pay careful attention to the algebraic sign of the elasticity of the demand for a good with respect to another g..
how is the internet shaping the globalization of culture? compare and contrast views of the same landscape by different
1. assume that the market for computers begins in equilibrium. then there is a decrease in a price of pentium
Derive the mathematical expressions and determine the level of output where the average cost function reaches a minimum (the firmís capacity).
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