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!
(a) Using a demand/supply diagram, illustrate and explain the effects of the imposition of an export tax on a good Y by a home country’s government on (i) the home country’s consumers of Y, (ii) the home country’s producers of Y, and (iii) the home government’s tax revenues. (Assume that the country is a “small” country.) Then evaluate the “net welfare effect” of the tax on the country. Why might a country want to impose an export tax? Explain. (b) Suppose now that the country imposing the export tax in part (a) of this question is a “large” country rather than a “small” country. Is it an advantage or a disadvantage for a country to be “large” rather than “small” when it imposes an export tax? Explain. Note: Use diagrams where necessary to explain both (a) and (b).
q.a toy manufacturer launched a new toy truck last year which was a huge success. 2.5 million invested by company for a
What are potential reasons for income inequality across the economy. In some of our efforts to improve income inequality can we negatively impact productivity?
A large induced-draft fan is needed for an upgraded industrial process. The motor to drive this fan is rated at 100 horsepower, and the motor will operate at full load for 8760 hours per year.
Elucidate what is an economic system in which economic decisions are controlled by the internal interaction of suppy and demand.
Economic surplus could be increased at a higher price because firms would generate more revenue.
For each of the following characteristics, say whether it describes a perfectly competitive firm, a monopolistically competitive firm, both, or neither. sells a product differentiated from that of its competitors. has marginal revenue less than price
Illustrate what factor stores have in common behind their decline. Elucidate how would you conclude which were important also which were not.
According to the rule of most favorable input usage, a firm should hire a person as long as her marginal revenue product is greater than her marginal cost to the corporation.
The owners decide to begin spending immediately a rather large sum on advertising designed to decrease elasticity.
The composition of pennies is 95% copper and 5% zinc. Coper sells for $3.50 per pound and zinc for $1.00 per pound. It takes approximately 130 pennies to add up to the one pound of total weight. It cost the U.S. Mint $2 to produce 100 pennies. The U...
Show graphically about what happens to utility level and elucidate why the result is plausible.
Elucidate what type of returns to scale does this technology represent.
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