Business, 27.09.2019 17:30 Krazyyykiddd

Suppose that the free-trade price of a ton of steel is €500. (note: € is the symbol for the euro, a common currency used in 19 european countries, including finland.) finland, a small country, imposes a €60 per-ton specific tariff on imported steel. with the tariff, finland produces 300,000 tons of steel and consumes 600,000 tons of steel. suppose that the €60-per-ton tariff caused finnish production of steel to increase by 100,000 tons and finnish consumption of steel to fall by 100,000 tons. what is the value of finland's welfare loss due to the tariff?

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The answer would be b.

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the definition of a small business is an independently owned and operated company that is limited in size and in revenue depending on the industry. a local bakery that employs 10 people is an example of a small business. a manufacturing facility that employees less than 500 people is an example of a small business.

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answer///ability to capture the attention of users;

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of the three mortgage options that demarco and tanya have to choose from, the balloon payment mortgage would be their best option, over adjustable payment and fixed payment plans.ultimately, the balloon payment plan would save demarco and tanya overall, in interest, would cost less monthly, and they would only have to make these payments for 8 years, opposing to 30 years for adjustable or fixed payment plans.

overall, demarco and tanya would save $80,811 if they chose balloon payments over fixed payments, and would save $116,711 if they choose balloon payments over adjustable payments. benefits with choosing fixed payments over adjustable payments is that, in the end, the payments will still be $836.30 a month, while with adjustable payments, the initial monthly payments will be $763.38 to $1082.70 a month, ultimately leading to a more costly purchase. benefits with choosing fixed payments over balloon payments are not present. benefits in choosing adjustable payments over is that it has a lower interest rate, and starts with lower monthly payments initially. benefits in choosing adjustable payments over balloon payments include a lower interest rate, and lower initial monthly payments. benefits in choosing balloon payments over fixed payments include lower interest rates, lower overall price, lower monthly payments, takes less time to pay off, and does not require a downpayment. benefits in choosing balloon payments over adjustable payments include, lower monthly payments (when averaged), takes less time to pay off, and lower overall price.

hence, option c, balloon payments, is the best option for demarco and tanya to make this purchase, for it will save them a minimum of $80811, and a maximum of $116,711.

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Suppose that the free-trade price of a ton of steel is €500. (note: € is the symbol for the euro, a...

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