Please help Open economy with supply curve (P = 6 + Q) and demand curve (P = 56 β 4Q) World price is 8 (Pw = 8)
a) Calculate CS, PS and import quantity at Pw
b) Government imposes specific tax equals to 4 (t = 4). Calculate new CS, new PS, government revenue and deadweight loss.
Answers: 2
Business, 22.06.2019 11:30
Schonhardt corporation's relevant range of activity is 2,500 units to 5,500 units. when it produces and sells 4,000 units, its average costs per unit are as follows: averagecost per unitdirect materials $ 7.60direct labor $ 2.90variable manufacturing overhead $ 1.65fixed manufacturing overhead $ 2.90fixed selling expense $ 0.95fixed administrative expense $ 0.65sales commissions $ 0.75variable administrative expense $ 0.65if 4,500 units are produced, the total amount of fixed manufacturing cost incurred is closest to: multiple choicea $16,800b $11,400c $11,600d $15,400
Answers: 3
Business, 22.06.2019 19:00
Adrawback of short-term contracting as an alternative to making a component in-house is thata. it is the most-integrated alternative to performing an activity so the principal company has no control over the agent. b. the supplying firm has no incentive to make any transaction-specific investments to increase performance or quality. c. it fails to allow a long planning period that individual market transactions provide. d. the buying firm cannot demand lower prices due to the lack of a competitive bidding process.
Answers: 2
Business, 22.06.2019 20:00
How many organs are supplied at a zero price? (b) how many people die in the government-regulated economy where the government-set price ceiling is p = 0? the quantity qd β qa. the quantity qe β qa. the quantity qd β qe. (c) how many people die in the market-driven economy?
Answers: 1
Business, 23.06.2019 12:20
What term refers to a formal on-the-job training program in which a worker shadows someone more experienced in the field?refers to a formal on-the-job training program in which a worker shadows someone more experienced in the field.
Answers: 2
Please help Open economy with supply curve (P = 6 + Q) and demand curve (P = 56 β 4Q) World price is...
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