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 USA imports 380,000 units of cellphones from China, and locally the USA produces 120,000 units. The world price for cellphones is $300 per unit. The USA is a large country and imposed a tariff of 25% for the importation of cellphones from China as a retaliation due to its trade imbalance with China. Due to the tariff, the world price falls by 10%, local production increases by 80% and local consumption falls by 20%.
(a) Solve for the price after the tariff was imposed, and quantity of cellphones produced, consumed and imported in the USA. Show your answers with a proper diagram of the cellphones market.
(b) Explain the effects on the consumer surplus, producer surplus, deadweight loss and terms of trade of the cellphones market in the USA after the tariff was imposed. Explain the welfare effects of both countries.
If your taxable income is $100,000 and state tax rate is 6% and federal tax rate is 34%, how much federal tax do you owe? A truck has a cost basis of $70,000. It has a total life of 150,000 miles with a $10,000 salvage value. You drove 50,000 miles i..
If both have a real GDP per capita today of $20,000, compare their real GDP per-capita in 100 years. Please show all of your working.
Assuming that the discount rate remains the same, what will be the price of the stock after the announcement?
All questions utilize the multivariate demand function for Smooth Sailing sailboats in C6 on text page 83, initially with:
Describe ethical considerations with regard to marketing to children. When the marketers' pitch includes a cause component, such as a breakfast cereal that promises to provide breakfasts to undernourished school children, explain whether this is e..
What should today's stock price be based on discounted valuation of the future dividends that Roza has projected?
What is meant by a good being "excludable."what is meant by a good being "rival in con- sumption." Is a slice of pizza excludable? Is it rival in consumption?
How does one's role impact this? Then, describe strategies a group leader may use to identify and mitigate the source of conflict.
Consider the multiple regression prediction equation = 7 + 3x1 - 4x2 + 5x1x2. Find the slope of the line relating and x1 when x2 = 3.
A trader buys a 3-month call option contract on 100 shares of a stock with strike price $40. Which of the following statement is correct if the options are held until the end?
Suppose that Shelly's preferences for consumption and leisure can be expressed as u(c ,l)=(c-200)×(l-80). Calculate her utility, u0 , if she consumes c = $360 and enjoys l = 110 hours of leisure per week. Evaluate her marginal utilities of consumptio..
Determine the taxable income as well as the tax due assuming:
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