subject
Business, 15.07.2019 18:20 isabellemaine

If the united states is currently importing 14 million barrels per day at a world price of $4.00 per unit (the entire amount consumed), what is the effect on imports of a tax equal to $44.00 per unit? 1.) using the line drawing tool, determine the quantity of u. s. crude oil imports after the $44.00 per-unit tax by drawing a horizontal line at the price paid by u. s. consumers. label this line '+ tax'. 2.) using the point drawing tool, determine quantity demanded at the price paid by u. s. consumers after the imposition of the import tax. label this line 'upper p subscript qdpqd'. 3.) using the point drawing tool, determine quantity supplied at the price paid by u. s. consumers after the imposition of the import tax. label this line 'upper p subscript qspqs'. carefully follow the instructions above and only draw the required objects. the amount of imports after the $44.00 per-unit tax is nothing million barrels per day. before the tax, domestic producers supplied 0 barrels of crude oil. they now supply nothing million barrels ▼ more less .

ansver
Answers: 3

Another question on Business

question
Business, 22.06.2019 19:30
Alaska king crab fishing in the 1960s and '70s was a dangerous but rich fishery. boats from as far away as california and japan braved the treacherous gulf of alaska crossing to reach the abundant king crab beds in cook inlet and bristol bay. suddenly, in the early 1980s, the fishery crashed due to over fishing. all crabbing in those areas ended. to this day, there is no crabbing in bristol bay or cook inlet. a. how would an economist explain the decline of the alaska king crab fishery
Answers: 3
question
Business, 23.06.2019 01:00
What is the average price for the cordless telephones (to 2 decimals)? $ b. what is the average talk time for the cordless telephones (to 3 decimals)? hours c. what percentage of the cordless telephones have a voice quality of excellent? % d. what percentage of the cordless telephones have a handset on the base?
Answers: 3
question
Business, 23.06.2019 07:30
Which of the following conditions might result in the best financial decisions? a. agreeableness b. openness c. conscientiousness d. extraversion
Answers: 1
question
Business, 23.06.2019 10:20
Teatro restoration, inc., begins renovating an old theater for urban edge productions, but after three months teatro demands an extra $250,000. urban edge agrees to pay. refer to fact pattern 13–4. if teatro says it is asking for the extra $250,000 because it has encountered extraordinary unforeseen difficulties that will add considerable cost to the project, the agreement is
Answers: 3
You know the right answer?
If the united states is currently importing 14 million barrels per day at a world price of $4.00 per...
Questions
question
Business, 11.11.2019 10:31