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stepladder [879]
1 year ago
8

if a small country produces 100 units of product x and consumes 140 units at a price of $2 under free trade, but the imposition

of a tariff leads to a situation where domestic price is $2.20, domestic production is 120 units, and domestic consumption is 125 units, then the gain in producer surplus in this country because of the tariff is .
Business
1 answer:
kramer1 year ago
4 0

The gains in producer surplus in this country because of the tariff is. $22.00.

A surplus is if you have extra of something than you want or plan to use. For example, whilst you prepare dinner a meal, when you have meals ultimately after all people have eaten, you've got got a surplus of meals. a number of belongings in extra of what's considered necessary to fulfill liabilities. adjective. 5. being a surplus; being in extra of what's required. surplus wheat.

Surplus budget means, at any given date, the extra coins and different diagnosed belongings which are predicted to be resolved into coins or its equal withinside the herbal route of activities and with an inexpensive certainty, over the liabilities and important reserves on the identical date.

Learn more about surplus here

brainly.com/question/14332993

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Andy worked weekends for a month to complete a difficult project. he hoped that he would receive a raise if he successfully comp
bekas [8.4K]

<span>Andy’s motivation for working so hard is most likely the extrinsic motivation of a raise in his salary (money). </span><span> 

Extrinsic motivation refers to the phenomenon when behavior and actions are motivated  by external factors, such as rewards, fame or praise rather than intrinsic factors which lie within an individual (such as: improving one’s skills and work ethic or genuine interest in the task or project at hand).

In Andy’s case, where he is working so hard in hopes for a raise, he is externally motivated rather than internally motivated since he hopes to be monetarily rewarded </span>(extrinsic factor)for his hard work. 

7 0
3 years ago
Eric wants to invest in government securities that promise to pay $1,000 at maturity. The opportunity cost (interest rate) of ho
Scrat [10]

Answer:

The second option which 5 years to maturity exhibited a lower price of

$523.95  

Explanation:

In order to ascertain the option with lower, it is important we determine the price of each investment based on the fact the price of an investment opportunity today is the present value of its future cash flow is the maturity value of $1000 in both cases:

a.

PV=FV/(1+r)^n

PV=price of investment

FV=future value=$1000

r= 13.80%.

n=4 years

PV=$1000/(1+13.80%)^4

PV=$596.25

b.

PV=FV/(1+r)^n

PV=price of investment

FV=future value=$1000

r= 13.80%.

n=5 years

PV=$1000/(1+13.80%)^5

PV= $523.95  

7 0
3 years ago
In July, 2013 the consulting firm Mercer released results from a survey where workers in the U.S. expected a 2.9% increase in pa
Sliva [168]

Answer:

A 2.9% pay increase in 2014 for U.S. workers will cause the AS (aggregate supply) curve to shift inward in the short-run, signaling a decline in the quantity supplied.

Explanation:

The supply quantity declines because a pay increase increases suppliers' cost of production and reduces their ability to produce more goods and services.  On the contrary, a fall in workers' pay causes the aggregate supply curve to shift outward, thereby increasing the quantity supplied.  In the long-run, the pay increase will increase aggregate demand, thereby pushing prices to increase, while, at the same, suppliers try to increase the quantity supplied to meet with increased prices and demand.

7 0
2 years ago
When a line cook in a restaurant uses raw meat to cook a hamburger that becomes part of the restaurant's Super Burger Special, t
gulaghasi [49]

Answer:

Transformation process.

Explanation:

When a line cook in a restaurant uses raw meat to cook a hamburger that becomes part of the restaurant's Super Burger Special, the cook is taking part in a transformation process.

A transformation process can be defined as the capabilities possessed by an organization, which are then integrated into technology, internal processes, and management, for the singular purpose of converting inputs into outputs in order to meet the needs or requirements of their customers.

In this scenario, the cook uses raw meat as an input in the creation of an output, which is the restaurant's Super Burger Special.

7 0
3 years ago
Transactions of a company involving external sources of funding are referred to as: Investing activities. Operating activities.
Aleksandr-060686 [28]

Answer:

The correct answer is letter "C": Financing activities.

Explanation:

Financing activities refer to all funds a company obtains from outside resources of the firm to keep the business up and running or to invest in new ventures that could represent profit opportunities. By doing this, the firm acquires creditors affecting its long-run liability and equity.

5 0
3 years ago
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