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Country H imposes an import tarifft on good X. After the import tariff, domestic price of good X in country H increases from P to P', and P'-P
Describe two economic situations that will generate this kind of tariff impact on domestic price.
Clearly state the assumptions and use graphs to assist your argument.
1) Situation 1 (Clearly label the graph for full credits).
2) Situation 2 (Clearly label the graph for full credits).
They want to deposit the sum in an account that earns 8% compounded continuously. Beginning when she turns 6 and ending when she turns 21, how much should they deposit on each birthday if she is to get $28,000 on each birthday from her 21st to her..
An auto-part manufacturing company is considering the purchase of an industrial robot to do spot welding, which is currently done by skilled labor. The initial coast of the robot is $250,000, and the annual labor savings are projected to be $140,0..
What happens to the profits of boat makers in the short run? What happens to the number of boat makers in the long run?
A firm is considering purchasing $64800 of hand tools for use on a production line. It is estimated that the tools will reduce overtime work by $2000 the first year, with this amount increasing $1300 per year thereafter.
Determine the internal rate of return of the following cash flow Year cash flow 0 -100,000 1 10,000 2 12,000 3 13,000 4 14,000 5 15,000 6 16,000 7 17,000 8 18,000 9 19,000 10 20,000 11 21,000
Analyze Rita's last statement: "We really don't communicate very well." What is the status of managersubordinate communication in this work relationship?
Three assets are being considered. Assets A, B and C have natural lives of 4, 5 and 6 years and costs of $12,000, $20,000 and $30,000 respectively. There will be no salvage value at the end of each assets life. market value decreases in a straight..
A firm uses labor and machines to produce output according to the production function f(L,M)=4L raise to 1/2 M raise to1/2 where L is the number of units labor used and M is the number of machines. The cost of labor is Php.
Studies indicate that the price elasticity of demand for cigarettes is about 0.4. If a pack of cigarettes currently costs $5 and the government wants to put a tax on it to reduce smoking by 20%, what should be the size of the tax per pact of cigare..
c. Is demand elastic, inelastic, or unit elastic at the profit-maximizing price-quantity combination d. What price-quantity combination maximizes revenue e. Calculate the maximum revenues. f. Is demand elastic, inelastic, or unit elastic at the reven..
1)The operations manager for a local bus company wants to decide whether he should purchase a new small, medium, or large bus for his company.
If these expansions in the money supply happen, what effect will it have on aggregate demand, GDP, and employment?
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