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2 years ago

which area(s) represent the amount of consumer surplus domestic consumers will enjoy after the tariff has been imposed?

1 answer:

4 0

According to the graph A + B + C + D + E + F + G it represent the amount of consumer surplus domestic consumers will enjoy after the tariff has been imposed.

<h3>What concept will be applied when the domestic nation acts as a price taker, and its consumption and production have no impact on the global price?</h3>

Due to its tiny size in comparison to global markets, the domestic market is a price taker, and neither its production nor consumption affects global prices. Therefore, the nation uses the international price as the domestic price for any good, service, or resource.

<h3>What distinguishes a tariff imposed by a big country from a small country's tariff?</h3>

Due to its size, the huge nation's tariff not only lowers the amount of the thing that is sought, but it also could lower the product's global price.

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Explain how organisational policies on equality and diversity translate into day to day activity in the workplace

iren2701 [21]

Every organization has policies on equality and diversity. The organizational policies on equality and diversity impact the day to day activity in the workplace. An organization having a diverse workforce will be able to offer a variety of work skills, potential, ideas and energy. A well diverse workforce will make the organization a better place to work. Equality refers to equal opportunity in an organization irrespective of caste, creed, color, gender, etc.
Workplace policies in respect to equality and diversity allows smooth running of an organization and avoids any bias decisions based on any religion, gender, demography, etc.
When every employee has equal rights and equal chance to achieve their potential then the organization also grows well and success rate improves.

5 0

4 years ago

The key elements of a business plan can include _____.

Ulleksa [173]

Answer:

Executive summary

Explanation:

It provides information about the business's purpose.

8 0

3 years ago

Applying activity-based costing LO P1, P3, A1, A2, C3 [The following information applies to the questions displayed below.] Craf

Ad libitum [116K]

Answer:

Craft Pro Machining

Activity Rate= Activity Cos/ Cost Driver

Production Activities Cost Drivers Activity Rate

Grinding $ 320,000 13,000 machine hours 24.615per machine hour

Polishing $ 135,000 13,000 machine hours 10.38 per ,machine hour

Product modification 600,000 1,500 engineering hours 400 per eng. hour

Providing power $ 255,000 17,000 direct labor hours 15 per DLH

System calibration 500,000 400 batches 1250 per batch

Working:

Job 3175 Job 4286

Number of units 200 units 2,500 units

Machine hours 550 MH 5,500 MH

Engineering hours 26 eng.hours 32 eng.hours

Batches 30 batches 90 batches

Direct labor hours 500 DLH 4,375 DLH

Job 3175 Job 4286

Number of units 200 units 2,500 units

Grinding & Polishing 19247.25 192472.5

Product modification 10400 12800

System calibration 37500 112500

<u>Providing power 7500 65625</u>

<u>Total Costs $ 74,647.25 $ 383,397.5 </u><u> </u>

<u />

The overhead cost per unit for Job 3175 = $ 74,647.25 /200=$ 373.24

The overhead cost per unit for Job 4286= $ 383,397.5/2,500= $ 153.36

6 0

4 years ago

linear programming is a mathematical technique designed to help operations managers plan and make decisions necessary to allocat

Tamiku [17]

Operations managers can use the mathematical tool of linear programming to plan and make resource allocation decisions. Hence. option (c) will be the suitable response for this question.

<h3>Give a brief account on linear programming.</h3>

An approach to getting the optimal result in a mathematical model whose requirements are expressed by linear connections is linear programming, often known as linear optimization.

Specifically, linear programming is a technique for optimizing a linear objective function while observing the constraints of linear equality and inequality. Its feasible region consists of convex polytopes, a set that is defined as the intersection of a finite number of half spaces, each of which is determined by a linear inequality. A real-valued affine function that is defined on this polyhedron serves as its goal function. If there is a location in the polytope where this function has the least value, a linear programming technique locates it.

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5 0

1 year ago

You found your dream house. It will cost you $300000 and you will put down $30000 as a down payment. For the rest you get a 30-y

Andrews [41]

Answer:

$1,282.80

Explanation:

The PMT formula is used for this question. The attachment is shown below:

The NPER shows the time period

Given that,

Present value = $300,000 - $30000 = $270,000

Future value = $0

Rate of interest = 4% ÷ 12 months = 0.33%

NPER = 30 years × 12 months = 360 months

The formula is shown below:

= PMT(Rate;NPER;-PV;FV;type)

The present value come in negative

So, after solving this, the answer is $1,282.80

5 0

4 years ago