Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
The Nippon Switch Corporation is an importer and distributor of Japanese packet switches, special routing devices that direct data traffic to various computers on a large private telecommunications network for companies like GM, Sears and 3M. The U.S. Commerce Department recently informed the company that it would be subject to a new 35 % tariff on the import cost of computer switch devices. The company is concerned that the tariff will slow its sales growth, given the highly competitive nature of the packet switch market. The inverse market demand relationship is P = $400 - $0.0035Q. The company’s marginal costs equal import costs of $100 per unit, plus $20 to cover transportation, insurance and selling fees. In addition, the company’s fixed costs amount to $250,000 per year.
Part a Calculate the price / output combination an economic profits prior to the imposition of the tariff.
Part b Calculate the price / output combination an economic profits after the imposition of the tariff.
Part c Who pays the economic burden of the import tariff?
A TV manufacturing company estimates that when TVs are sold for x dollars a piece, consumers will bu 8000/x TVs each week. The company also determines that profit is maximized when the selling price x is 1.4 times the cost c of producing each unit. H..
What is meant by the "social construction of categories"? In what ways are concepts such as gender, race, sexual orientation, social class, and exceptionality social categories?
Explain how will this combined tax-transfer policy affect aggregate demand at current prices.
Your firm, which operates a nationwide system of cancer clinics, has annual profits of $800 million and cash reserves of $500 million. Your clinics have a replacement value of $200 million, and fire insurance for them would cost $5 million per year. ..
Use this website to assess recent trends in direct foreign investment (DFI) abroad by U.S. arms. Compare the DFI in the United Kingdom with the DFI in France. Offer a possible reason for the large difference.
Assess what the results of the regression equation tells managers and how it is likely to impact decisions made related to maximizing profitabilit
Assume that you have $100 to spend on food and clothing. The price of food is $5 and the price of clothing is $10. Graph your budget constraint. Suppose that the government subsidizes clothing such that each unit of clothing is half-price, up to the ..
A firm’s total cost function is TC = 2q^2 + 5q + 10 . The firm is a price taker and the market price for its product is $25. The firm also receives a subsidy from the government because it is operating in a high tech industry and the government encou..
You are the manager of a local sporting goods store and recently purchased a shipment of 60 sets of skis and ski bindings at a total cost
Consider a small country that exports steel. Assume that a "pro-trade" government deicdes to subsidize the export of steel by paying
Q. Explain how and why a monopoly would try to price discriminate. Serving food on weekdays to business people and retired people.
What does the term "INTEREST RATE INVERSION" refer to? For the past several years, the Federal Reserve System has forced short-term interest rates to nearly zero. Why has it not been able to do the same for long-term interest rates? Explain.
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!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd