Suppose Qd=-44*P+837, Qs=37*P+10 for home and Qd*=-44*P+167, Qs*=37*P+32 for foreign. Further suppose that the importing country place a tariff of 0.20 on the product. What is the price paid by the importing country to two decimal places?
The answer is 6.48
Suppose Qd=-44*P+837, Qs=37*P+10 for home and Qd*=-44*P+167, Qs*=37*P+32 for foreign. Further suppose that the importing country...
Suppose Qd=-41*P+884, Qs=22*P+15 for home and Qd*=-41*P+172, Qs*=22*P+38 for foreign. Further suppose that the importing country place a tariff of 0.23 on the product. What is the price paid by the importing country to two decimal places?
Suppose Qd=-20*P+999, Qs=27*P+11 for home and Qd*=-20*P+202, Qs*=27*P+36 for foreign. Further suppose that the importing country place a tariff of 0.44 on the product. What is the trade volume to two decimal places?
Suppose Qd=-37*P+866, Qs=34*P+10 for home and Qd*=-37*P+436, Qs*=34*P+34 for foreign. What is the free trade price to two decimal places?
Suppose Qd=-50*P+806, Qs=37*P+18 for home and Qd*=-50*P+136, Qs*=37*P+30 for foreign. What is the free trade price to two decimal places?
Suppose Qd=-40*P+963, Qs=37*P+11 for home and Qd*=-40*P+363, Qs*=37*P+35 for foreign. What is the free trade volume to two decimal places?
Suppose Qd=-32*P+858, Qs=28*P+12 for home and Qd*=-32*P+172, Qs*=28*P+36 for foreign. What is the free trade volume to two decimal places?
Suppose demand and supply are given by Qd = 60 – P and Qs = P -20 What are the equilibrium quantity and price in this market? Determine the quantity demanded, the quantity suppled, and the magnitude of the surplus id a price floor of $50 is imposed in this market. Determine the quantity demanded, the quantity suppled, and the magnitude of the shortage if a price celling of $32 is imposed in this market. Also determine the full economic...
Suppose demand and supply are given by Qd = 60 – P and Qs = P -20 What are the equilibrium quantity and price in this market? Determine the quantity demanded, the quantity suppled, and the magnitude of the surplus id a price floor of $50 is imposed in this market. Determine the quantity demanded, the quantity suppled, and the magnitude of the shortage if a price celling of $32 is imposed in this market. Also determine the full economic...
Question 10 Suppose the demand for organic bananas is given by the following equation: Qd = 9-2P where Qd is the quantity demanded per week of organic bananas, and P is the price of organic bananas. Suppose further that the supply of organic bananas is: Qs = 3+2P where Qs is the quantity supplied per week of organic bananas. What is the equilibrium market quantity of organic bananas? (Round your answer to 2 decimal places.)
E-H ONLY. THERE ARE THREE PICTURES updated figure 2 roblem 2: Trade Policy. demand for cars in Home is q 30 - P and the supply of cars in Home is q -P. The demand for cars in Foreign is q 20-P and the supply of cars in Foreign is q P. a) Calculate the equilibrium price and quantity in each country under isolation. b) Who is the importer of cars and who is the exporter? c) Write the import...