What is hurtful move on the kenyan governments part

Assignment Help Macroeconomics
Reference no: EM13225070

In an attempt to reduce poaching of elephant ivory tusks, officials in Kenya burned illegally gathered ivory. Using your understang of shifts in supply and demand, will this turn out to be a helpful or hurtful move on the Kenyan government's part?

Reference no: EM13225070

Questions Cloud

What lump sum should he deposit on the childs bday : A man wishes to set aside money for his daughter's college education. His goal is to have a bank savings account containing an amount equivalent to $20,000 in today's dollars at the girl's 18th birthday. The estimated rate is 8%.
Determine what is the value of the tax revenue : A per unit excise tax is imposed on product X, and the market supply with the tax is now given Qs=p-12. add this supply curve to your graph and identify the new equilibrium price and equilbrium quantity. What is the value of the per unit tax
Show the bill of material : Show the bill of material-product structure tree and if 100 units of A are required in week 10, develop the MRP planning schedule, specifying when items are to be ordered and received. There are currently no units of inventory on hand.
How will equilibrium price and quantity change for each good : Suppose a decrease in consumers' income causes a decrease in the demand for chicken and an increase i the demand for potatoes Which good if inferior and which is normal How will the equilibrium price and quantity change for each good
What is hurtful move on the kenyan governments part : In an attempt to reduce poaching of elephant ivory tusks, officials in Kenya burned illegally gathered ivory. Using your understang of shifts in supply and demand, will this turn out to be a helpful or hurtful move on the Kenyan government's part
Describe what investment options are open to kristin : Kristin Earhardt is a 26-year-old management trainee at a large chemical company. She is single and has no plans for marriage. Her annual salary is $34, 000 (placing her in the 1 5% tax bracket), and her monthly expenditures come to approximately ..
What is the current long-run equilibrium price level : b) What is the current long-run equilibrium price level c) If the economy grows sufficiently at $2 trillion, real GDP remains forthcoming in the long run, and the aggregate demand remains unchanged, what will be the new long-run equili..
How high price must the college student receive for cutting : A college student is considering whether to operate a lawn-mowing business for the summer or work in a business owned by his family. His time is worth $w1 per our and he can work as many hours as he chooses in the family business at this rate.
What sales volume would be required in order to meet goal : A group of venture investors is considering putting money into Lemma Books, which wants to produce a new reader for electronic books. The variable cost per unit is estimated at $250, the sales price would be set at twice the VC/unit, or $500

Reviews

Write a Review

Macroeconomics Questions & Answers

  Illustrate the impact of taxes

You are considering buying a new car with a part of your student loan dollars as you really do not need the extra cash now. You have two alternatives with the following cost structures. Speedy Initial cost = $20,000 Annual operating cost = $8,000 U..

  Describe sustainable and conventional agriculture

For each of the following concepts provide a definition, a complete explanation as to their significance, and a practical example.

  What is the marginal propensity to consume in this economy

What is the marginal propensity to consume in this economy?  What is the multiplier in this economy?  What is the equilibrium level of GDP in this economy?

  National income is initially at its equilibrium level

National income is initially at its equilibrium level when desired investment falls and a fall in national income, but not by as much as the fall in desired investment

  Concept of the economic value added

California Electric has a cost of equity capital of 16%. The company has consistently been authorized a return on equity capital below this expenses.

  Short run against long run optimum

A company finds there is a sudden increase in the demand for its product. In the short run, it must operate longer hours and pay higher overtime wage costs.

  Two goals of monetary strategy in the united states

Two goals of monetary strategy in the United States are price stability and full employment. Explain with the help of the appropriate graphs.

  Calculate the range in population average volume

Beauty lotion is a skin-moisturizing product that contantains rich oils, blended especialy for overly dry or neglected skin. Product is sold in five once bottles by a wide range of retail outlets.

  Profit and output choice of incumbent firm

How much does it choose to sell when it enters the market? What is the resultant market price? How much does each of the two firms earn in profits?

  Assume the u.s. economy begins in long-run equilibrium

Assume the U.S. economy begins in long-run equilibrium. Concerns about global climate change cause the government to significantly restrict the production of electricity form fossil fuels.

  What are inability to qualify for jobs that use the skills

Every so often, a disgruntled college graduate sues her school on grounds that her tuition payments did not land her the good job she was expecting when she started there. Courts invariably throw out cases like hers. They are, however, willing to ..

  Computing optimal output and price levels

Tyvex LLC produces professional quality color laser printers. The market for professional color laser printers is monopolistically competitive. Suppoe that the inverse demand curve faced by Tyvex

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