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Q1. Explain how does a country become an importer of a good? An exporter of a good? Illustrate what is a tariff? Illustrate what is an introduce quota? Is free trade without restrictions good or bad for an economy? Why or why not?
Q2. Illustrate what difference does it make to the tying arrangement issues if the Internet Explorer is a functionally integrated component of Windows? Illustrate what if it's more like a radio in an automobile than a steering post interlock device?
What happens to total revenue if the price of sugar rises from $3 to $7 per kilogram.
An equal number of consumers who have a willingness to pay of $119 are allowed to buy the good at a price of $99. How will consumer surplus be affected.
Evaluate this monitoring system. What would you do differently? Consider the benefits as well as costs of any change you recommend.
If there is a 10% decline in the cost of women's fur coats and a 25% increase in quantity demanded Illustrate what is the elasticity.
Show that a specific tax of $3.70/unit generates the same revenue as a 20% ad valorem tax
Compare the effects of the drought under the tariff with those under the quota
If the foreign country enters the market first, determine the equilibrium price and quantity. Will both countries produce. Show both average cost curves and the equilibrium.
Please use this discussion board to describe the events that characterized the onset and deepening of the financial market.
During a war the government puts pressure on producers for heavy equipment, supplies, and services, making each more important.
Canon will receive payment from its dealers on August 28th, 2012. Assuming which Canon needs to cover its expenses in Japan
Explain how the short-run Phillips curve, the long-run Phillips curve, the short-run aggregate supply curve, the long-run aggregate supply curve, and the natural rate hypothesis are all related.
Suppose each of the five sellers can supply at most one unit of the good. Elucidate the price when market quantity supplied is exactly 3.
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