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An export subsidy has the opposite effect on terms of trade to the effect of an import tariff. Domestically a tariff will raise the price of the import good, deteriorating the domestic terms of trade. A production subsidy for the export product will lower the local price of the export good, lowering the domestic terms of trade for the country. Hence the export subsidy and the import tariff have the same effect. This analysis seems to contradict the first sentence in this paragraph. Discuss this paradox.
question 1a. whatnbsp was the neolithic revolution?nbsp describe carefully what basic changes caused this revolution
You manage the plant the mass produces engines by teams of workers using assembly machines. The technology is summarized by production: Find out the short run production function? Find out the total cost function for your plant to produce q engines ..
1 find the total revenue of the monopolist when it sells 6 units of the commodity without practicing any form of price
During the 4th-quarter of 1993, real GDP in US increase at an yearly rate of over 7 %. During 1994, the economy continued to expand with modest inflation
a job order cost accounting system is fully integrated into the general ledger of a company. identify the major general
What price do you expect allowances to sell for and if the government decides to implement a tax rather than a cap-and-trade system, what should be the tax rate?
The problem in economics in price theory deals with deriving maximum marginal utility and marginal rate of substitution.
Why would suppliers be willing to accept prices that cover variable costs, but do not cover total costs? How does the answer depend on whether the decision is a short-run or long-run decision?
crown cinema recently increased the price of a movie ticket by 5. as a result attendance dropped by 8. based on this
in the market of haircuts the demand function is p100-0.5qd and the supply function is p10qs where q represents
The marginal revenue curve of a monopoly crosses its marginal cost curve at $30 per unit, and an output of 2 million units. The price that consumers are willing and able to pay for this output is $40 per unit.
The following represents the potential outcomes of your first salary negotiation after graduation:Assuming this is a sequential move game with the employer moving first, indicate most likely outcome. Does the ability to move first give the employe..
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