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• Why is international trade important for South Africa
• Can South Africa Afford to have totally free trade with the rest of the world
• With specific reference to the last point above , is china an Advantage or a threat to our Economy.
• What is the SA government standpoint on trade and protectionism
• What trade policies are in place to manage our trade with the rest of the world.
Present your research in the form of an essay including some of the following.
Reference to recent articles on trade or trade policy of SA
Reference to recent views on our trade performance as expressed by economist or government representatives.
1. a sample of irish households shows the following size distributionhousehold sizefrequency133241326424514657181a
Assume a consumer with the utility function U= U (X, Y) = (X + 2) (Y + 1) And the budget constraint (M = 95, Px =10 and Px =5) 95 = 10x + 5Y a. Set up the constrained maximization problem, and derive the first-order conditions.
Advertisers are willing to pay $10 to advertise in one newspaper but only $19 to advertise in both, because they're willling to pay twice to reach the same subscriber. what's the likely bargaining negotiation outcome
Advice for an Unprofitable Firm. You've been hired as an economic consultant by a price-taking firm that produces baseball caps. The firm already has a factory, so it is operating in the short run.
Semiannual deposits, beginning with $500 and increasing by $100 with each subsequent deposit, are made into a fund paying a nominal 10 percent per year compounded continuously. What will the fund amount to after 7 years
Assume that in a different competitive industry, there are 8 firms, each with a marginal cost equal to MC = 20-10q +q^2 Average cost is minimized at q = 10 and AVC is minimized at q = 8 for each of these firms. Demand for the product is P = 100-QD
In an attempt to increase revenues and profits, a firm is considering a 4 percent increase in price and an 11 percent increase in advertising. If the price elasticity of demand is 1.5 and the advertising elasticity of demand is +0.6,
a. If the theater uses third degree price discrimination, what price will it charge for daytime tickets How many will be sold b. If the theater uses third degree price discrimination, what price will it charge for nighttime ticket How many will be ..
Suppose the supply function for product X is given by Qx^s= -50 + 0.5Px -5Pz. a. Suppose Pz=$30. Determine the supply function and the inverse supply function for good x. Graph the good x. Graph the inverse supply function.
Why not use data from every county instead of limiting the analysis to counties near the right-to-work border - analysis to counties near the right-to-work border
The financial market looks like the following. 1. People decide not to hold currency. 2. The required reserve ratio on deposits is 10 percent 3. The money demand function looks like Md = $Y*( 0.9 - 3*i ) 4. Nominal income is $5 Trillion 5. The Moneta..
a monopsonic fast food chain exhibits a demand for labor given by w210-3l where w denotes the wage and l the quantity
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