Tariff, Microeconomics

Assignment Help:

Tariff: A tariff is a tax imposed on the purchase of imports. It is generally imposed in order to stimulate more domestic production of the product in question (rather than meeting domestic demand through imports).


Related Discussions:- Tariff

Demand, what is ment by demand

what is ment by demand

Cross price , Calculate the cross-price elasticity of demand between comput...

Calculate the cross-price elasticity of demand between computers and printers, where a 10 percent decrease in the price of computers results in a 15 percent increase in the quantit

The Keynesian model, using the basic Keynesian model answewr the following ...

using the basic Keynesian model answewr the following parts carefully using the relevant diagrams. what happens to the equilibrium level of GDP(Y) given the following: a) a reducti

Define benefit pensions, Defined Benefit Pensions: A pension plan that pays...

Defined Benefit Pensions: A pension plan that pays a specified monetary benefit, generally based on a pensioner's years of service and their income at the time of retirement.

Determine the nature of the reflected wave, A spherical wave is reflected f...

A spherical wave is reflected from a planar mirror sufficiently far from the wave origin so that the Fresnel approximation is satisfied. By regarding the spherical wave locally as

Application of disquilibriam analysis, question #Minimum 100 words accepted...

question #Minimum 100 words accepted#History of cobweb theory

When is tax to society cause a deadweight loss, When is tax to society caus...

When is tax to society cause a deadweight loss? Applying Consumer and Producer Surplus: The Efficiency Costs of a Tax A tax causes a deadweight loss to society, since les

Difference between anticipated and unanticipated inflation, Explain inflati...

Explain inflation, and the difference between anticipated and unanticipated inflation.         Answer   Inflation is the persistent rise in the general price level in the e

Indirect Utility Function., M.Phil. Admission Test, 2017 Economics Model Qu...

M.Phil. Admission Test, 2017 Economics Model Question Group A Domain Knowledge in Economics Correct answer is as marked in black. Micro Economics 1. Consider a utility function U =

PPC schedule, 1)The productive capability of an economy is such that to pro...

1)The productive capability of an economy is such that to produce 5 units of military good it takes 2 workers to be employed while 10 units of consumer goods require 3 workers. Res

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd