Homework Answers
Q62
Answer
Option b
the price is equal to the world price
P=18
where
Qd=400 and Qs=800
Qs>Qd so the country is an exporter
Export =Qs-Qd=800-400=400 units
===
Q63
Answer
Option a
the price is equal to the world price
P=18
where
Qd=400
Add Answer to:
Figure 9-12 Price Domestic Supply World Price Domestic Demand 200 400 600 800 1000 1200 1400...
1 Price + + Domestic Supply + + + World Price + + + + +...
1 Price + + Domestic Supply + + + World Price + + + + + + + + Domestic Demand + + + + + 2400 2800 Quantity 400 800 1200 1600 2000 + + Domestic Demand + + + + + + 2400 2800 Quantity 400 800 1200 1600 2000 Refer to Figure 9-12. With trade allowed, this country a imports 400 units of the good. b. exports 1,600 units of the good. c. exports 400 units of...
(1.67pts) 3) Figure 9-21 The following diagram shows the domestic demand and domestic supply for a...
(1.67pts) 3) Figure 9-21 The following diagram shows the domestic demand and domestic supply for a market. In addition, assume that the world price in this market is $40 per unit. Domestic Supply R388822aa8an Domestic Demand 2400 2300 Quinny 400 300 1200 1600 2000 Refer to Figure 9-21. With free trade allowed, this country exports 200 units of the good. exports 400 units of the Refer to Figure 9-21. With free trade allowed, this country exports 200 units of the...
17) Figure 9-12 (1pts) Price Domestic Supply -- World Price + + Domestic Demand 2400 2800 Quantity + 400 800 1200 1...
17) Figure 9-12 (1pts) Price Domestic Supply -- World Price + + Domestic Demand 2400 2800 Quantity + 400 800 1200 1600 2000 Refer to Figure 9-12. Producer surplus after trade is $28,000. $30,000. $35,200 SE Tyne here to search
Domestic Supply World Price+tarrif World Price Domestic Demand 32 36 40 0 4 8 12 16...
Domestic Supply World Price+tarrif World Price Domestic Demand 32 36 40 0 4 8 12 16 20 24 28 44 48 52 a Refer to Figure. With trade, you can deduce that country Imports 24 units of the good and gains from trade are $ 240 a. Imports 24 units of the good and gains from trade are $ 480 Ob. Imports 20 units of the good and gains from trade are $ 200 Imports 20 units of the good...
(1p )Figure 9-24 The following diagram shows the domestic demand and supply in a market Assume...
(1p )Figure 9-24 The following diagram shows the domestic demand and supply in a market Assume that the world price in this market is $20 per unit Price Supply 80 60 50 30 20 10 Demand Quantity 35 40 25 15 20 5 10 Refer to Figure 9-24. With free trade. the country 30 70 40 35 40uara Refer to Figure 9-24. With free trade, the country exports 20 units of the good. imports 20 units of the good. exports...
Figure 9-22 The following diagram shows the domestic demand and domestic supply in a market. In...
Figure 9-22 The following diagram shows the domestic demand and domestic supply in a market. In addition, assume that the world price in this market is $40 per unit. Price 190 180 170 160 150 140 130 omestic Suppl 110 100 90 80 70 60 50 40 20 Deman 10 200 400 600 80 1000 1200 14001600 1800 2000 2200 2400 antity 15. Refer to Figure 9-22. Suppose the government imposes a tariff of $20 per unit. Relative to the...
Figure 9-22 The following diagram shows the domestic demand and domestic supply in a market. In...
Figure 9-22 The following diagram shows the domestic demand and domestic supply in a market. In addition, assume that the world price in this market is $40 per unit. 1 Price Domestic Supply - -- 90 80+ 70+ 60+ Domestic Demand 200 400 600 800 1000 1200 1400 1600 1800 2000 2200 2400 Quantity 26. Refer to Figure 9-22. Suppose the government imposes a tariff of $20 per unit. With trade and a tariff, total surplus a. $96,000. b. $114,000....
The table above has the domestic demand and domestic supply schedules for a good. If the...
The table above has the domestic demand and domestic supply schedules for a good. If the world price of the good is $10 and international trade occurs, then according to the table Question 12 options: the country imports 6 units a day. domestic production is higher before trade than after trade. the country exports 22 units a day. the country imports 16 units a day. the country exports 6 units a day. Price Quantity demanded Quantity supplied (dollars per unit)...
17) Figure 9-12 (1pts) Price 84 Domestic Supply 78 72+ 66 60 World Price 54 48 42 36 30 24+ 18 + 12 Domestic Deman...
17) Figure 9-12 (1pts) Price 84 Domestic Supply 78 72+ 66 60 World Price 54 48 42 36 30 24+ 18 + 12 Domestic Demand 6 Quantity 2000 2400 2800 1600 1200 800 400 NO Refer to Figure 9-12. Producer surplus after trade is $28,000. $30,000 $35,200. $38,400. 11 12 13 14 | 15 | 16 17 18 19 1 20 Previous
Figure 9-22 The following diagram shows the domestic demand and domestic supply in a market. In...
Figure 9-22 The following diagram shows the domestic demand and domestic supply in a market. In addition, assume that the world price in this market is $40 per unit. 1 Price Domestic Supply - -- 90 80+ 70+ 60+ Domestic Demand 200 400 600 800 1000 1200 1400 1600 1800 2000 2200 2400 Quantity 27. Refer to Figure 9-22. Suppose the government imposes a tariff of $20 per unit. With trade and a tariff, consumer surplus is a. $75,000 and...
1 Price + + Domestic Supply + + + World Price + + + + + + + + Domestic Demand + + + + + 2400 2800 Quantity 400 800 1200 1600 2000 + + Domestic Demand + + + + + + 2400 2800 Quantity 400 800 1200 1600 2000 Refer to Figure 9-12. With trade allowed, this country a imports 400 units of the good. b. exports 1,600 units of the good. c. exports 400 units of...
(1.67pts) 3) Figure 9-21 The following diagram shows the domestic demand and domestic supply for a market. In addition, assume that the world price in this market is $40 per unit. Domestic Supply R388822aa8an Domestic Demand 2400 2300 Quinny 400 300 1200 1600 2000 Refer to Figure 9-21. With free trade allowed, this country exports 200 units of the good. exports 400 units of the Refer to Figure 9-21. With free trade allowed, this country exports 200 units of the...
17) Figure 9-12 (1pts) Price Domestic Supply -- World Price + + Domestic Demand 2400 2800 Quantity + 400 800 1200 1600 2000 Refer to Figure 9-12. Producer surplus after trade is $28,000. $30,000. $35,200 SE Tyne here to search
Domestic Supply World Price+tarrif World Price Domestic Demand 32 36 40 0 4 8 12 16 20 24 28 44 48 52 a Refer to Figure. With trade, you can deduce that country Imports 24 units of the good and gains from trade are $ 240 a. Imports 24 units of the good and gains from trade are $ 480 Ob. Imports 20 units of the good and gains from trade are $ 200 Imports 20 units of the good...
(1p )Figure 9-24 The following diagram shows the domestic demand and supply in a market Assume that the world price in this market is $20 per unit Price Supply 80 60 50 30 20 10 Demand Quantity 35 40 25 15 20 5 10 Refer to Figure 9-24. With free trade. the country 30 70 40 35 40uara Refer to Figure 9-24. With free trade, the country exports 20 units of the good. imports 20 units of the good. exports...
Figure 9-22 The following diagram shows the domestic demand and domestic supply in a market. In addition, assume that the world price in this market is $40 per unit. Price 190 180 170 160 150 140 130 omestic Suppl 110 100 90 80 70 60 50 40 20 Deman 10 200 400 600 80 1000 1200 14001600 1800 2000 2200 2400 antity 15. Refer to Figure 9-22. Suppose the government imposes a tariff of $20 per unit. Relative to the...
Figure 9-22 The following diagram shows the domestic demand and domestic supply in a market. In addition, assume that the world price in this market is $40 per unit. 1 Price Domestic Supply - -- 90 80+ 70+ 60+ Domestic Demand 200 400 600 800 1000 1200 1400 1600 1800 2000 2200 2400 Quantity 26. Refer to Figure 9-22. Suppose the government imposes a tariff of $20 per unit. With trade and a tariff, total surplus a. $96,000. b. $114,000....
17) Figure 9-12 (1pts) Price 84 Domestic Supply 78 72+ 66 60 World Price 54 48 42 36 30 24+ 18 + 12 Domestic Demand 6 Quantity 2000 2400 2800 1600 1200 800 400 NO Refer to Figure 9-12. Producer surplus after trade is $28,000. $30,000 $35,200. $38,400. 11 12 13 14 | 15 | 16 17 18 19 1 20 Previous
Figure 9-22 The following diagram shows the domestic demand and domestic supply in a market. In addition, assume that the world price in this market is $40 per unit. 1 Price Domestic Supply - -- 90 80+ 70+ 60+ Domestic Demand 200 400 600 800 1000 1200 1400 1600 1800 2000 2200 2400 Quantity 27. Refer to Figure 9-22. Suppose the government imposes a tariff of $20 per unit. With trade and a tariff, consumer surplus is a. $75,000 and...
Most questions answered within 3 hours.
-
1. An 25.96 g sample of aluminum is placed on a 45.15 g sample
of copper...
asked 1 minute ago -
Calculate the mass of p-dichlorobenzene (mm=147.00 g/mol) that
when dissolved in 125 ml cyclohexane (d=0.779 g/mol,...
asked 9 minutes ago -
An infinitely long solid conducting cylindrical shell of radius
a = 3.8 cm and negligible thickness...
asked 7 minutes ago -
A defibrillator is used during a heart attack to restore the
heart to its normal beating...
asked 13 minutes ago -
Describe how humans have affected the numerous pathways and
reservoirs in the carbon cycle that have...
asked 14 minutes ago -
Which of the following statements is true of a distribution
rollover (not a trustee-to-trustee transfer) from...
asked 16 minutes ago -
Matching: What are 4 fundamental activities in software
processes?
definition of the software function and operational...
asked 22 minutes ago -
University Printers has two service departments (Maintenance and
Personnel) and two operating departments (Printing and Developing)....
asked 37 minutes ago -
This journal deals with globalization and its economic effects.
US firms have almost no restrictions on...
asked 37 minutes ago -
A local greenhouse sells coffee-tree saplings. They price their
saplings based on the height of the...
asked 51 minutes ago -
Sleep: Assume the general population gets an
average of 7 hours of sleep per night. You...
asked 54 minutes ago -
Florence, who weighs 540 N, stands on a bathroom scale in an
elevator. What will she...
asked 45 minutes ago