Homework Answers
Q8
Answer
world price =20
Qd=80 and Qs=180
Export =Qs-Qd=180-80=100
the country export 100 units
Option d
=============
Q9
the equilibrium in the domestic market is at
P=20 and Qd=80
the domestic equilibrium is at the world price quantity demanded because the firms in the market will sell the goods at the world price so the equilibrium in the domestic country is Qd at the world price.
Option c
Add Answer to:
can you please explain number 9 how do u get the answer Figure 9-2 The figure illustrates the market for calculators...
The figure illustrates the market for coffee in Guatemala Price 150 140 130 120 110 100...
The figure illustrates the market for coffee in Guatemala Price 150 140 130 120 110 100 90 80 70 Domestic supply World pnce Domestic demand 50 30 20 10 2 468 10 12 14 16 18 20 22 24 26 28 30 32 34 36 38 40 42 44 46 48 50 52 Quanity Refer to Figure 9-1. With trade, Guatemala will export 22 units of coffee. export 10 units of coffee. import 30 units of coffee. import 12 units...
Figure 9-5 The figure illustrates the market for tricycles in a country I Price &%83&* Domestic...
Figure 9-5 The figure illustrates the market for tricycles in a country I Price &%83&* Domestic Supply B World price a Domesta Demand 40 80 120 100 200 240 250 320 30 400 440 480 320 100 600 g N Refer to Figure 9-5. With trade, total surplus is O a. $3,240 O . 56,480 0 287,760 +++ + NAGB +++++++++ Refer to Figure 9-5. With trade, total surplus is O a. $3,240. O b. $6,480 O c. $7,760. O...
Figure 9-26 The diagram below illustrates the market for baseballs in the U.S Price 20 18...
Figure 9-26 The diagram below illustrates the market for baseballs in the U.S Price 20 18 16 14 12 10 1500 1000 1250 500 750 250 Quantity of Baseballs Refer to figure 9-26. The figure shows that a if the U.S. opens its baseball market to international trade, the price will plummet. the U.S. will import baseballs when the market opens to intemational trade c the U.S. will export baseballs when the market opens to international trade d the U.S....
please explain in detail number 18 and make sure i can understand ur handwriting please Figure...
please explain in detail number 18 and make sure i can understand
ur handwriting please
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. tMce 190 180 Domestic Supply 170 160 150 140 130 130 110 100 90 80 70 60- 50 40 30 Domestic Demand 20 30 Qity 1000 1300 1400 1500 1800 2000 2200 2400 200 400 600...
No need to explain in detail. I just want to check my answer. But please provide...
No need to explain in detail. I just want to check my answer.
But please provide me a formula.
1. The principle of comparative advantage asserts that a. not all countries can benefit from trade with other countries. b. the world price of a good will prevail in all countries, regardless of whether those countries allow international trade in that good. c. countries can become better off by exporting goods, but they cannot become better off by importing goods. d....
1. 2. Figure 9-26 The diagram below illustrates the market for baseballs in the U.S. Price mestic Supply World Pride Dom...
1.
2.
Figure 9-26 The diagram below illustrates the market for baseballs in the U.S. Price mestic Supply World Pride Domestk Demand 25015007 50 1000 1250 1500 Quantity of Baseballs Refer to figure 9-26. The figure shows that a. the U.S. will import baseballs when the market opens to international trade. b. the U.S. will export baseballs when the market opens to international trade. c. the U.S. will be a net loser when the market for baseballs opens to international...
(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...
Both questions please. Thank you Question 26 (2 points) Price Dom reply ++ ++++++ Domestic demand...
Both questions please. Thank you
Question 26 (2 points) Price Dom reply ++ ++++++ Domestic demand 20 40 60 80 100 120 140 160 180 200 220 240 260 280 300 As a result of trade, total surplus increases by O $50 O $100 $250 O $500 Question 27 (2 points) Ceteris paribus, tariff will cause Consumer surplus to increase Consumer surplus to decrease O Producer surplus to decrease Total surplus to decrease
Figure 1 Price ($I X 2 Pricewodd+tariff Price World Domes PriceWorld tariff Price World Domestic 0...
Figure 1 Price ($I X 2 Pricewodd+tariff Price World Domes PriceWorld tariff Price World Domestic 0 20 40 60 80 100 120 340 160 180 200 220 240 260 Quantity Figure 1 depicts the demand and supply curves of t-shirts in a hypothetical small country (Northland). Consider Figure 1. W free trade. Northlands producer Surplus and consumer surplus respectively equal 520.54400 55.5240 55. 5220 $20 52420 550054500
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...
The figure illustrates the market for coffee in Guatemala Price 150 140 130 120 110 100 90 80 70 Domestic supply World pnce Domestic demand 50 30 20 10 2 468 10 12 14 16 18 20 22 24 26 28 30 32 34 36 38 40 42 44 46 48 50 52 Quanity Refer to Figure 9-1. With trade, Guatemala will export 22 units of coffee. export 10 units of coffee. import 30 units of coffee. import 12 units...
Figure 9-5 The figure illustrates the market for tricycles in a country I Price &%83&* Domestic Supply B World price a Domesta Demand 40 80 120 100 200 240 250 320 30 400 440 480 320 100 600 g N Refer to Figure 9-5. With trade, total surplus is O a. $3,240 O . 56,480 0 287,760 +++ + NAGB +++++++++ Refer to Figure 9-5. With trade, total surplus is O a. $3,240. O b. $6,480 O c. $7,760. O...
Figure 9-26 The diagram below illustrates the market for baseballs in the U.S Price 20 18 16 14 12 10 1500 1000 1250 500 750 250 Quantity of Baseballs Refer to figure 9-26. The figure shows that a if the U.S. opens its baseball market to international trade, the price will plummet. the U.S. will import baseballs when the market opens to intemational trade c the U.S. will export baseballs when the market opens to international trade d the U.S....
please explain in detail number 18 and make sure i can understand
ur handwriting please
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. tMce 190 180 Domestic Supply 170 160 150 140 130 130 110 100 90 80 70 60- 50 40 30 Domestic Demand 20 30 Qity 1000 1300 1400 1500 1800 2000 2200 2400 200 400 600...
No need to explain in detail. I just want to check my answer.
But please provide me a formula.
1. The principle of comparative advantage asserts that a. not all countries can benefit from trade with other countries. b. the world price of a good will prevail in all countries, regardless of whether those countries allow international trade in that good. c. countries can become better off by exporting goods, but they cannot become better off by importing goods. d....
1.
2.
Figure 9-26 The diagram below illustrates the market for baseballs in the U.S. Price mestic Supply World Pride Domestk Demand 25015007 50 1000 1250 1500 Quantity of Baseballs Refer to figure 9-26. The figure shows that a. the U.S. will import baseballs when the market opens to international trade. b. the U.S. will export baseballs when the market opens to international trade. c. the U.S. will be a net loser when the market for baseballs opens to international...
(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...
Both questions please. Thank you
Question 26 (2 points) Price Dom reply ++ ++++++ Domestic demand 20 40 60 80 100 120 140 160 180 200 220 240 260 280 300 As a result of trade, total surplus increases by O $50 O $100 $250 O $500 Question 27 (2 points) Ceteris paribus, tariff will cause Consumer surplus to increase Consumer surplus to decrease O Producer surplus to decrease Total surplus to decrease
Figure 1 Price ($I X 2 Pricewodd+tariff Price World Domes PriceWorld tariff Price World Domestic 0 20 40 60 80 100 120 340 160 180 200 220 240 260 Quantity Figure 1 depicts the demand and supply curves of t-shirts in a hypothetical small country (Northland). Consider Figure 1. W free trade. Northlands producer Surplus and consumer surplus respectively equal 520.54400 55.5240 55. 5220 $20 52420 550054500
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...
Most questions answered within 3 hours.
-
Hello! I was wondering if I could have some help?
If the vapor pressure of carvone...
asked 11 minutes ago -
An economist wants to estimate the mean per capita income (in
thousands of dollars) for a...
asked 31 minutes ago -
What would be the input/output characteristic of a circuit
obtained by putting two of your 2's-complementers...
asked 30 minutes ago -
In Drosophila, the transition from the syncytial blastoderm
stage to the cellular blastoderm stage is a...
asked 58 minutes ago -
Project management question:
Name 3 different types of resources (hint: humans are one
type)
asked 1 hour ago -
Consider the following reaction: C 2H 2( g) + 2H 2( g) C 2H 6(
g)...
asked 1 hour ago -
Consider a 1.0 L buffer containing 0.092 mol L-1 HCOOH and 0.100
mol L-1 HCOO-. What...
asked 1 hour ago -
Koch Realty has owned a vacant land with a FMV of
$775,000 and an adjusted basis...
asked 1 hour ago -
It is estimated 29% of all adults in United States invest in
stocks and that 85%...
asked 1 hour ago -
What does a 2-sided p value of 0.04 mean? (I am not asking if it
is...
asked 1 hour ago -
A parallel-plate capacitor is made from two aluminum-foil
sheets, each 7.8 cmcm wide and 5.1 mmlong....
asked 1 hour ago -
1. why is toluene a stronger nucleophile than benzene?
2.why is phenol a stronger nucleophile than...
asked 2 hours ago