User Account

All Pages

Import substitution industrialization

Assignment Help Business Management
Reference no: EM131470082

Perform a cost-benefit analysis of the following industrial policy. Assume the demand curve for cars in United States is Q=90-P, and the supply curve of cars is Q=2*P. The following question would require the calculation of consumer surplus (CS), producer surplus (PS), government surplus (GS), and deadweight loss (DWL). Here DWL is the change of social welfare after government adopted a certain policy.

Assume U.S. is an open economy, and the world price of cars is $0.

Without government intervention, U.S. could import car at world price. Calculate CS, PS, and GS in this case.

If government imposed a tariff of $10, calculate CS, PS, GS, and DWL.

Given the existence of DWL, what explains the widespread use of import substitution industrialization (ISI) policies?

How would you draw the graph for this problem?

Reference no: EM131470082

Questions Cloud

How should a culturally competent counselor approach : How should a culturally competent counselor approach the processes of assessment and diagnosis when dealing with clients from minority client populations?
Discuss cultural bias in counseling-psychological research : Provide an example of cultural bias in counseling/psychological research and support your answer with at least one scholarly reference.
Review the case of abington memorial hospital : Abington Memorial Hospital is a 508-bed hospital located in Abington, Pennsylvania. It services patients from Philadelphia and the surrounding suburbs of Buck.
What are the dominant cultural features found : What are the dominant cultural features found within Native American homes, and how do Native Americans shape their response to the broader American society?
Import substitution industrialization : Given the existence of DWL, what explains the widespread use of import substitution industrialization (ISI) policies?
Describe future-oriented and generic job analysis : Describe and discuss future-oriented job analysis and generic job analysis. How may each be used to help healthcare executives cope with a rapidly changing.
How is substance use viewed in the hispanic culture : How is substance use viewed in the Hispanic/Latino culture?
Evaluate the international marketing methods of organisation : International marketing environments- Write an essay of 1000 words explaining and evaluating the international marketing methods of that organisation.
Draw the demand curve that one of firms faces : Suppose a = ¼. Draw the demand curve that one of these firms faces. Make sure to be accurate, including specific quantities for the prices of P = 10

Reviews

Write a Review

Business Management Questions & Answers

  Role of monetary policy increase the volatility of growth

Evaluate the effectiveness of monetary policy during the 2008 recession in the United States. Does the role of monetary policy increase the volatility of growth in the monetary base and Real GDP in the U.S?

  Expalin merging organizational cultures

What have been some of the issues associated with combining/merging the organizational cultures of Delta Air Lines and Northwest Air Lines?

  How decrease overall demand for gasoline in community

Consider the full range of potentials from the availability of bike paths to the cost of car insurance. Develop a conservation strategy that you think could decrease overall demand for gasoline in your community. Who if anyone must implement it? W..

  Immigration affect the production possibilities curve

How would an increase in immigration affect the production possibilities curve? Why?

  Individual strengths and problem-solving techniquespart 1

individual strengths and problem-solving techniquespart 1 individual strengths and the group process- describe a group

  Theory and correlation of emotional intelligence

Research has been done on the theory and correlation of emotional intelligence (EI) related to organizational success and long-term sustainability of a manager/leader in his or her career.

  Explaining evnt compromise many companies benefit package

I wonder how the national health care plan will impact employers medical insurance plans. Will this compromise many companies benefit package?

  Apply the pestel model to classify the positive

Apply the PESTEL model to classify the positive and negative effects of the general environment faced by Saffronart.

  Decision-support tools

For a healthcare facility, explain the benefits of utilizing the ten necessary decision-support tools presented in Chapter 10 of your textbook. Your response must be at least 200 words in length.

  Find the major techniques for directing

Find the major techniques for directing and show which of these techniques you can successfully employ and why they are right for your managerial style.

  Question for the interview introductory stage

1. Develop one question for the interview introductory stage. Explain why you chose this question.

  Legal problems managing a small business part ii

Legal Problems Managing a Small Business Part II

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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