User Account

All Pages

Who bears the burden of the tariff

Assignment Help Basic Computer Science
Reference no: EM131441886

Suppose that in Japan, without a tariff 10,000 cars will be sold per year at an equilibrium price of $20,000. With a $5,000 tariff, supply decreases such that 8,000 cars are produced at $22,500 per car.

  • Use a supply and demand diagram to graphically illustrate the example above.
  • Why is the increase in price less than the tariff?
  • Who bears the burden of the tariff?
  • What are government revenues from the tariff?
  • What is the "dead-weight loss" associated with the tariff - i.e., the lost in Producer Surplus and Consumer Surplus?

Reference no: EM131441886

Questions Cloud

Calculate the percentage change in price for each bond : Calculate the price for each bond below when the market interest rate is 9 percent and when the market interest rate is 10 percent and put the result in a table format.
What the demand forecasts for auscotton products : What are the impacts of less-than-perfect demand forecasts for AusCotton products, and of volatility in the length and cost of transport services used to move its products from contract manufacturers to distribution centres? What should be done to..
Examine the effectiveness of the two employment laws : From the e-Activity, examine the effectiveness of the two (2) employment law that you deem to be the most influential. Support your response with two(2) current case involving the chosen law.
Discuss with the class any of the processes used : Discuss with the class any of the processes used to find system configuration information, fix a network connection, or to configure remote services.
Who bears the burden of the tariff : Suppose that in Japan, without a tariff 10,000 cars will be sold per year at an equilibrium price of $20,000. With a $5,000 tariff, supply decreases such that 8,000 cars are produced at $22,500 per car.
Describe a self-managed work team : Frederick Herzberg was a proponent of teams and teamwork. Describe his work in this area as a major contributor of self-managed work teams. Describe a self-managed work team.
Disadvantaged groups can achieve increased empowerment : How do some political scientists explain the fact that political parties based on ethnicity are much more common than poetical parties based on gender? What are three ways in which disadvantaged groups can achieve increased empowerment?
Which project does the irr rule suggest is best : Consider projects A and B: Cash Flows (dollars) Project C0 C1 C2 NPV at 10% A -34,500 24,600 24,600 + $8,194 B -54,500 37,500 37,500 + 10,583.
Discuss the role between internal worth and market value : Explain why more than one pay structure may be needed in an organization. Discuss the role between internal worth and market value.

Reviews

Write a Review

Basic Computer Science Questions & Answers

  Identifies the cost of computer

identifies the cost of computer components to configure a computer system (including all peripheral devices where needed) for use in one of the following four situations:

  Input devices

Compare how the gestures data is generated and represented for interpretation in each of the following input devices. In your comparison, consider the data formats (radio waves, electrical signal, sound, etc.), device drivers, operating systems suppo..

  Cores on computer systems

Assignment : Cores on Computer Systems:  Differentiate between multiprocessor systems and many-core systems in terms of power efficiency, cost benefit analysis, instructions processing efficiency, and packaging form factors.

  Prepare an annual budget in an excel spreadsheet

Prepare working solutions in Excel that will manage the annual budget

  Write a research paper in relation to a software design

Research paper in relation to a Software Design related topic

  Describe the forest, domain, ou, and trust configuration

Describe the forest, domain, OU, and trust configuration for Bluesky. Include a chart or diagram of the current configuration. Currently Bluesky has a single domain and default OU structure.

  Construct a truth table for the boolean expression

Construct a truth table for the Boolean expressions ABC + A'B'C' ABC + AB'C' + A'B'C' A(BC' + B'C)

  Evaluate the cost of materials

Evaluate the cost of materials

  The marie simulator

Depending on how comfortable you are with using the MARIE simulator after reading

  What is the main advantage of using master pages

What is the main advantage of using master pages. Explain the purpose and advantage of using styles.

  Describe the three fundamental models of distributed systems

Explain the two approaches to packet delivery by the network layer in Distributed Systems. Describe the three fundamental models of Distributed Systems

  Distinguish between caching and buffering

Distinguish between caching and buffering The failure model defines the ways in which failure may occur in order to provide an understanding of the effects of failure. Give one type of failure with a brief description of the failure

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