Sometimes provide subsidies to specific industries

Assignment Help Business Economics
Reference no: EM131096794

Government sometimes provide subsidies to specific industries; that is, they reduce a domestic firms cost so that it can sell products on the international market at a lower price. What reasons do governments use for these government subsidies?

Reference no: EM131096794

Questions Cloud

Rights of the individual : How does federalism affect policy development? How then foes policy development affect the rights of the individual? What is the overall effect? Why should we be concerned?
Write the information gain in terms of the k-l divergence : 10-701 Machine Learning - Spring 2012 - Problem Set 3. Write the Information Gain in terms of the K-L divergence of two distributions. In other words, find P and Q such that IG(X, Y ) = DKL(P||Q)
Statement about inflation rate targeting : Choose the statement about inflation rate targeting that is incorrect
Behaving in a welcoming or warm manner : As the new office manager at a medical office, you discover that several of the employees are not behaving in a welcoming or warm manner towards you.
Sometimes provide subsidies to specific industries : Government sometimes provide subsidies to specific industries; that is, they reduce a domestic firms cost so that it can sell products on the international market at a lower price. What reasons do governments use for these government subsidies?
The ischemic heart disease data set : Refer to the Ischemic heart disease data set in Appendix C.9 and Case Study 16.51. Carry out a one-way analysis of covariance of this data set, where the response of interest is total cost (variable 2).
Write down the total cost functions for the two methods : A third brother, Rex Carr, owns a junk yard. Rex can use one of two methods to destroy cars. The first involves purchasing a hydraulic car smasher that costs $200 a year to own and then spending $1 for every car smashed into oblivion; Write down the ..
Average variable costs-average fixed-average total cost : Otto’s brother, Dent Carr, is in the auto repair business. Dent recently had little else to do and decided to calculate his cost conditions. He found that the total cost of repairing s cars is T C (s) = 2s2 + 10. Average Variable Costs: Average Fixed..
How much would you have to invest today : How much would you have to invest today to receive: $120,000 in 6 years at 10 percent? What was the original issue price? What is the current value of this preferred stock?

Reviews

Write a Review

Business Economics Questions & Answers

  Illustrate what is the smallest value of x

Illustrate what is the smallest value of x that would be sucient to make Buck want to invest in the pinball palace rather than have a wealth of $24,000 with certainty.

  Report about the manufacturing process developed

Ashley works for McKennel and Associates, a large business consulting firm. ABC Company has developed, according to industry sources, a new process of building low-emission, high mileage gas engines for automobiles. XYZ, a competitor of ABC, hires As..

  Reserve bank has lowered the cash

Since November 2011, the Reserve Bank has lowered the cash rate on eight separate occasions from 4.75% to 2.5%. Clearly, the Bank has become far less concerned about inflation and is giving a much greater emphasis to unemployment in its policy reacti..

  With the aid of supply and demand diagrams

At the beginning of the 20th century almost two out of every five working Americans worked in agriculture. Today this number has fallen to less than one in fifty. At the same time, the total value of agricultural production represents an ever smaller..

  Compute the total revenue-the total cost

You are the manager of the surgery department at a hospital which serves mostly Medicare patients. The hospital performs 1,000 surgical operations per year using the traditional method. Compute the total revenue, the total cost, and the profit at the..

  Explain using the labor-leisure model and words

Explain using the labor/leisure model and words, how a progressive income tax will affect the budget constraint of the worker and their behavior or how a tax preference (tax deduction) will affect consumption choices.

  How would that affect sallys budget constraint

Suppose that Sally has 112 hours of time per week to allocate between market work and household time, earns a wage of $12 per hour if she works, and receives $30 per week in non-labor income. Graph Sally's budget constraint. If Sally's market wage we..

  Describe what will happen in market-example of price floor

Describe what will happen in the market in the following situations.. Will there be a shortage or excess? Identify an example of a price floor.

  What are the costs of inflation

What are the costs of inflation? Which of these costs do you think are most important for the U.S. economy? What are your shoe leather costs of going to the bank? How might you measure these costs in dollars? How do you think the shoe leather costs o..

  Find the monopolists profit-maximizing quantity

A newspaper has a monopoly on the local news market in a town. The market demand is given by P=1.70-Q/20,000, making the marginal revenue MR=1.70-Q/10,000. The marginal cost is constant at equal to 0.80. The fixed cost is 2,000. So, the total cost is..

  How the problems can reduce gains from primary export trade

Critics argue that countries relying on primary exports will experience problems of fluctuating and declining terms of trade. Explain the theory and evidence behind these arguments, and how these problems can reduce the gains from primary export t..

  What is total producer surplus

If there are n firms in the marketplace also every firm charges p. Illustrate what is total producer surplus.

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