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 15:40
Brandt enterprises is considering a new project that has a cost of $1,000,000, and the cfo set up the following simple decision tree to show its three most likely scenarios. the firm could arrange with its work force and suppliers to cease operations at the end of year 1 should it choose to do so, but to obtain this abandonment option, it would have to make a payment to those parties. how much is the option to abandon worth to the firm?
Answers: 1
Business, 22.06.2019 22:30
Using the smith's bbq report, the cost of wine for next week will increase by 2% from the current week. if all other cost of sales stays constant, what will be the approximate total cost of sales for next week?
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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