The increase in the domestic price of both imported goods and the domestic substitutes reduces the amount of consumer surplus in the market. Tariff effects on the importing country's producers. ... The increase in the price of their product on the domestic market increases producer surplus in the industry.
Answer:
The total amount of cash received is $91,350,000
Explanation:
The amount of cash proceeds realized from the bond issuance is the 99% of face value of $90 million plus the coupon interest due from January 2018(date of the bond) to April 1 ,2018(the date of bond issuance),that is three months of coupon interest payment.
The bond proceeds is computed as below:
Discounted bond price 99%*$90,000,000 =$ 89,100,000
Three months of interest 10%*$90,000,000*3/12 =$2,250,000
Total amount received from bond issue $91,350,000
Answer:
providing intangible goods and services
Explanation:
A service business is an organisation that provides services.
Examples of service businesses are airlines, insurance companies, and hospitals.
I hope my answer helps you
Answer:
4.28 grams
Explanation:
The z score is used to determine by how many standard deviations the raw score is above or below the mean. The z score is given by the formula:
![z=\frac{x-\mu}{\sigma} \\\\where\ \mu=mean,\sigma=standard \ deviation,\ x=raw\ score](https://tex.z-dn.net/?f=z%3D%5Cfrac%7Bx-%5Cmu%7D%7B%5Csigma%7D%20%5C%5C%5C%5Cwhere%5C%20%5Cmu%3Dmean%2C%5Csigma%3Dstandard%20%5C%20deviation%2C%5C%20x%3Draw%5C%20score)
Given that:
P(x > 5.1 grams) = 5%, x = 5.1 grams, σ = 0.5 grams
P(x > 5.1 grams) = 5%
P(x < 5.1 grams) = 100% - 5% = 95%
P(x < 5.1) = 95%
From the normal distribution table, 95% corresponds with a z score of 1.645. Hence:
![1.64=\frac{5.1-\mu}{0.5}\\\\5.1-\mu=0.82\\\\\mu=4.28\ grams](https://tex.z-dn.net/?f=1.64%3D%5Cfrac%7B5.1-%5Cmu%7D%7B0.5%7D%5C%5C%5C%5C5.1-%5Cmu%3D0.82%5C%5C%5C%5C%5Cmu%3D4.28%5C%20grams)