Indicate how much luxembourg imports a good

Assignment Help Econometrics
Reference no: EM13208431

Luxembourg imports a good at a world price of \$10 each. The domestic supply curve is S = 50 +5P where P is in Ecu and 1 Ecu = \$1. Demand curve is D=400-10P. Draw demand and supply curves for this good and indicate how much it is imported

Questions Cloud

 Which accepts no value and returns an int : There is also an int variable called currentTemp , which has already been declared. Use the reference variable, to invoke a method to retrieve the previously set temperature and store the returned value in currentTemp . Functions of the different tiers or levels of tourism : What are the functions of the different tiers or levels of tourism organizations: international, national, state, and local? Explain dibenzalacetone has two carbon-carbon double bonds : Dibenzalacetone has two carbon-carbon double bonds. How many geometric isomers are possible? Draw all possible geometric isomers of the product and look up their melting points. Declare an arraylist named taxrates : Declare an ArrayList named taxRates of five elements of type Double and initialize the elements (starting with the first) to the values 0.10 , 0.15 , 0.21 , 0.28 , 0.31 , respectively. Indicate how much luxembourg imports a good : Luxembourg imports a good at a world price of \$10 each. The domestic supply curve is S = 50 +5P where P is in Ecu and 1 Ecu = \$1. Demand curve is D=400-10P. Draw demand and supply curves for this good and indicate how much it is imported Explain many fish which normally line in mountain streams : Many fish which normally line in mountain streams (where the water temperature is 0 degrees celcius) die when water in which they live warms up to 25 degrees C. How many oxygen molecules are there in 1.0 ml of water at these two temperatures? Review module 34 of psychology and your life : Review Module 34 of Psychology and Your Life. List the major classifications of psychological disorders. Select one and discuss what types of treatment approaches are available for this disorder. What is zylexs total interest expense : What is Zylexs total interest expense per year associated with this bond issue? Assuming that Zylex is in a 35 percent corporate tax bracket, what is the company's net after-tax interest cost associated with this bond issue? How many strings will be read : You should read a list of strings from a data file (using scanf), and find the minimum and maxium values of the string data. The input file format will start with a single integer that indicates how many strings will be read, and then lists those ..

Write a Review

What should be production level if fixed cost rose per month

If software can only be produced in the quantities above, what should be the production level if the producer operates in a monopolistic competitive market where the price of software at each possible quantity is also listed above

What price should charge to each group to maximize profit

PA = 9.6 - 0.08QA PCS = 4 - 0.05QCS where PA is the adult prices, PCS is the child/senior citizen price, QA is the adult quantity and QCS is the child/senior citizen quantity. Crowding is not a problem at the museum, and so managers consider a mar..

Find the level of newspaper advertising

Bounds Inc. has determined through regression analysis that its sales (S) are a function of the amount ofadvertising in two different media.This is given by the following relationship (X=newspapers,Y=magazines): S(X,Y) = 200X + 100Y - 10X2 - 20Y2 ..

Conclude modification reduced the number of traffic accident

were chosen at random, and the traffic lights of those intersections were modified. The numbers of minor accidents during a six-month period before and after the modifications were: NUMBER OF ACCIDENTS

The theoretical background and hypothesis

The theoretical background and hypothesis and the methodology section and What is the theoretical basis for answering the research question? That is, what are the arguments, given the existing theories, about how you key independent variable "X" i..

Which person has comparative advantage in chicken

Suppose that they are thinking of each specializing completely in the area in which they have a comparative advantage, and then trading at a rate of 2.5 pounds of potatoes for 1 chicken, would they each be better off. Which person has comparative ..

What will happen to the yield on 10 year treasury bonds

Assume that an investor is risk-neutral (i.e. assume that the investor always chooses the investment with the higher expected rate of return even if it is riskier). If the yield on 1-year marketable CD's is 6% while the yield on 2-year marketable ..

What is the present value of the total consumption available

Seth could consume \$120 next year if he saved all his current earnings. He expects to earn nothing next year. The intertemporal budget constraint for Seth is given by the equation C2 = 120 - 1.2C1 where C1 = possible consumption in year 1 and C2 =..

How many years will it be before the consumption

Remembering that the change in the capital stock is investment less depreciation, use a calculator or a computer spreadsheet to show how the capital stock per worker will evolve over time in both countries. calculate income per worker and consumpti..

Is ximing better off-the same or worse off

During his first year at school, Ximing buys eight new college textbooks at a cost of \$50 each. Used books cost \$30 each. When the bookstore announces a 20% price increase in new texts and a 10% increase in used texts for the next year, Ximings fa..

What will be the balance on the account after 6 deposits

You deposit today \$4500 dollars in an account that pays 3.9 percent per year. For the next few years you will keep making deposits 7.3 percent larger than the previous one. What will be the balance on the account after 6 deposits.

What price should you charge to maximize revenues

Suppose you are a manager of a firm that produces products X, Y and Z. You know that there are two different types of consumers, type 1 and type 2, who value your products differently. You also know that there 10,000 type1 consumers and 50,000 typ..