What is the net effect on society

Assignment Help Business Management
Reference no: EM131268515

Suppose that the free-trade price of a good is $12 and a 10 percent ad valorem tariff is put in place. As a result, domestic production in a small country rises from 2000 units to 2300 units and imports fall from 600 units to 200 units. Who are the winners and losers? What is the size of their gains and losses? What is the net effect on society?

Reference no: EM131268515

Questions Cloud

What are the drivers of it infrastructure evolution : What are the drivers of IT infrastructure evolution? What are the seven major IT infrastructure components? What are the major vendors in each component?
Tennis club in a wealty community : As the owner of a tennis club in a wealty community, you must decide on membership dues and fees for court time. Based on historical data, you understand that there are two types of tennis players in your community. "Serious" players with demand
Major basis for management authority and control : In the U.S., the default policy for the employment relationship is the employment-at-will doctrine; but, federal policy also encourages the use of collective bargaining which limits it. Property rights are a major basis for management’s authority and..
Relevant theories of tourist motivation : Discuss, with examples, relevant theories of tourist motivation that international tourists in Fiji would experience. (100-150 words)
What is the net effect on society : Who are the winners and losers? What is the size of their gains and losses? What is the net effect on society?
What is the total weighted score for project candidate : You decide to employ the weighted scoring model to make a choice between project candidates A and B. Assume you have come up with three criteria and their respective weights: What is the total weighted score for project candidate A?
What is the roll-off factor ß : A pulse and its (raised cosine) spectral characteristic are shown in Figure P9.53. This pulse is used for transmitting digital information over a band-limited channel at a rate 1/T symbols/s.
Discuss the validity of each statement : Discuss the validity of each statement. If the statement is always true, explain why. If not, give a counterexample.
Find the reorder point for the law firm : A printing company has a contract with a legal firm to copy their court documents. Daily demand is a constant at 25000 pages to be copied. The mean lead time for the contractor is 5 days with a standard deviation of 1.5 days for delivering copies. Fi..

Reviews

Write a Review

Business Management Questions & Answers

  Large durable medical equipment and medical supply company

You have been hired as an outside consultant for a large durable medical equipment and medical supply company the company specializes in a wide range of medical supplies and equipment.

  A sample containing anthracene dissolved in methane

A sample containing anthracene dissolved in methane was separated using gas chromatography on a column with mobile phase (Vm) and stationary phase (Vs) volumes of 27.5 mL and 11.0 mL, respectively. For this particular column, anthracene has a ..

  Break unit units

Selling price per unit is 8 $ . Variable cost per unit is 3 $ . Fixed cost is 200,000$ .required-1- Break unit units ?

  In 1995 with 700 stores across the united state

In 1995 with 700 stores across the United States, Starbucks began exploring foreign opportunities. Its first target market was Japan. Although Starbucks had resisted a franchising strategy in North America where its stores are company owned, Starbuck..

  Illustrate what checks the performance of the system

Illustrate what checks the performance of the system for a given set of alternatives, rather than for all alternatives. Therefore, there is no guarantee that an alternative selected with the aid of this analysis is optimal.

  Determine the various roles that host governments

Determine the various roles that host governments played in this particular global business operation

  Explain how lean manufacturing near sourcing help industry

Explain how can lean manufacturing also near sourcing help a industry gain a competitive edge also prepare for the future? Explain how did US manufacturers become vulnerable to offshore outsourcing? Provide e.g. to support your answers.

  In what four major areas are there security holes

What is hacking? In what four major areas are there security holes?

  Discuss what aspects you might adopt in your venture

Within an industry or market segment similar to your potential venture, identify a pioneering firm that successfully built long-term success around a new product or service in a new market.

  Research the elements of business

Using your current work organization (or an organization of interest) and a second organization in the same industry as the subject matter, research the elements of business, compare and contrast the two selected organizations

  Evaluate the positives and negatives of the business plan

Students should use suitable, current and academically approved research to evaluate the positives and negatives of the Business plan, as if this were a real business operating in the time and location given.

  Inter organizational partnerships

Why are inter organizational partnerships so important for today's companies? What elements in the current environment might contribute to either an increase or decrease in inter organizational collaboration?

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