Assuming which the price elasticity of demand

Assignment Help Business Economics
Reference no: EM139037

Q. Assume the United States exports 2,000 computers at a cost of $3,000 each and imports 200 UK autos at a cost of £10,000 each. Assume which the dollar/pound exchange rate is $2.5 per pound.


Assume the dollar's exchange value depreciates by 15 percent. Assuming which the price elasticity of demand for U.S. exports equals 0.40 and the price elasticity of demand for U.S. imports equals 0.20, does the dollar depreciation improve or worsen the U.S. trade balance? Why?

Now assume which the price elasticity of demand for U.S. exports equals 2.50 and the price elasticity of demand for U.S. imports equals 1.80. Does this change the outcome? Why?

Reference no: EM139037

Previous Q& A

  Find the total displacement of the boat

A speedboat starts from rest and accelerates at +2.01 m/s2 for 6.95 s. At the end of this time, the boat continues for the additional 5.70 s with an acceleration of +0.518 m/s2. Following this, the boat accelerates at -1.49 m/s2 for 8.20 s.

  What is its speed at the first point

A small object with a mass of 360 mg carries a charge of 30.0 nC and is suspended by a thread between the vertical plates of a parallel-plate capacitor. The plates are detached by 2.40 cm. If the thread makes an angle of 17.0° with the vertical, what..

  Annual breakeven point volume

Illustrate would be the effect on D' of decreasing the variable cost per unit by 25% if the fixed costs thereby increased by 10%.

  What is the mass m of the fish

A vertical scale on a spring balance reads from 0 to 160 N. The scale has a length of 12.5cm from the 0 to 160 N reading. A fish hanging from the bottom of spring oscillates vertically at the frequency of 2.30 Hz. ignoring the mass of the spring, wha..

  Risks of linking the scorecard to compensation

Illustrate what are the advantages and the risks of linking the scorecard to compensation.

  Find the density of metal

If the elevator's descending speed is measured at 10 m/s at a given point, but its speed is decreasing by 2.7 m/s2, what is a force exerted by the scale.

  Kyoto protocol on global warming

As a manager, Explain how would you decide Explain how many workers to hire. Illustrate factors might play a role in your decision.

  Policy will increase demand for electronic appliances

Do you think such a policy will increase demand for electronic appliances.

  Discover the speed of the bullet as it emerges

A baseball is hit with a speed of 33.0 ms-1 at an angle of 56.0 degrees. It land's on the flat roof of a nearby building with a height of 13 m. If the ball was hit when it was 1.7 m above the ground, what horizontal distance does it travel before it ..

  What is the x and y components of the shell

An 845-N sled is pulled a distance of 173 m. The task requires 1.20 x 10^4 J of work and is done by pulling on a rope with the force of 142 N. At what angle is the rope held.

Reviews

Write a Review

 

Similar Q& A

  Calculate marginal revenue from demand

Calculate Marginal Revenue from demand if the marginal propensity to save is 0.05, how large is the multiplier.

  Cross elasticity of demand

The company wants to replace office equipment like machines and computer at assorted times over the five year planning period.

  How would keynesian solve

How would Keynesian solve a recessionary gap using personal tax rates.

  National differences in consumer behavior

Despite being globally branded, Unilever still tweaked the Dove campaign from country to country. Elucidate why did it do this. What does this tell you about national differences in consumer behavior.

  Article touches on two crucial conditions

The article touches on two crucial conditions for a fiscal stimulus to work.

  Produce commemorative t-shirts for campus

A business employing 8 workers to produce commemorative t-shirts for campus events organizations.

  Each firm can monitor the others price very closely

Each firm can monitor the other's price very closely and can respond instantly

  Impose an ad valorem tax

Show that a specific tax of $3.70/unit generates the same revenue as a 20% ad valorem tax

  Idea that a country can simultaneously pursue

Idea that a country can simultaneously pursue only two of the three following policies: free international-capital flows, monetary policy for domestic stabilization, and a fixed exchange rate.

  Seven members of the board of governors

Review the biographies of each of the seven members of the Board of Governors.

  Piece of commercial real estate

Then you inherited a piece of commercial real estate bringing in $12,000 in rent annually.

  Facility for a production plant

A facility for a production plant can be purchased for 155,000 with a down payment of 25,000.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd