Business, 27.07.2019 18:00 fluffyunicorn59803
Consider a competitive market served by many domestic and foreign firms. the domestic demand for these firms' product is qd = 600 – 2p. the supply function of the domestic firms is qsd = 200 + p, while that of the foreign firms is qsf = 250. a. determine the equilibrium price and quantity under free trade. equilibrium price: $ equilibrium quantity: units b. determine the equilibrium price and quantity when foreign firms are constrained by a 100-unit quota. equilibrium price: $ equilibrium quantity: units c. are domestic consumers better or worse off as a result of the quota? worse off better off neither better nor worse off d. are domestic producers better or worse off as a result of the quota? worse off neither better nor worse off better off
Answers: 1
Business, 21.06.2019 22:10
You have just received notification that you have won the $2.0 million first prize in the centennial lottery. however, the prize will be awarded on your 100th birthday (assuming you're around to collect), 66 years from now. what is the present value of your windfall if the appropriate discount rate is 8 percent?
Answers: 1
Business, 21.06.2019 23:30
Actual usage for the year by the marketing department was 70,000 copies and by the operations department was 330,000 copies. if a dual-rate cost-allocation method is used, what amount of copying facility costs will be budgeted for the operations department?
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Business, 22.06.2019 04:00
The simple interest in a loan of $200 at 10 percent interest per year is
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Business, 22.06.2019 10:40
Why do you think the compensation plans differ at the two firms? in particular, why do you think kaufmann’s pays commissions to salespeople, while parkleigh does not? why does parkleigh offer employees discounts on purchases, while kaufmann’s does not?
Answers: 3
Consider a competitive market served by many domestic and foreign firms. the domestic demand for the...
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