Answer:
increases the same amount with tariffs and equivalent quotas.
Explanation:
In Economics, a surplus refer to the amount by which the quantity supplied of a good exceeds the quantity demanded of the same good.
A producer surplus is the amount by which a buyer is willing to pay for a particular good minus the cost of producing the same good.
On the other hand, a consumer surplus is the amount by which a buyer is willing to pay for a particular good minus the amount the buyer actually pays for it.
In the case of a small country, a producer surplus increases (raises) the same amount (an amount a buyer is willing to pay for a good minus the cost of producing the good) with tariffs and equivalent quotas.
A tariff can be defined as tax levied by the government of a country on goods and services imported from another country.
Generally, tariffs can reduce both the volume of exports and imports in a country. In order to generate revenues, domestic government make use of tariffs while quotas do not generate any revenue for them.
Answer and Explanation:
Average return = (Closing Price + Dividend - Opening Price) / Opening Price
For 1st year:
0 Return
For 2nd year:
($48.41 + $0.69 - $43.43) / $43.43 = 0.130
For 3rd year
($57.33 + $0.72 - $48.41) / $48.41 = 0.199
For 4th year:
($45.41 + $0.80 - $57.33) / $57.33 = -0.194
For 5th year
($52.33 + $0.85 - $45.41) / $45.41 = 0.171
For 6th year
($61.41 + $0.93 - $52.33) / $52.33 = 0.191
Arithmetic Return = Sum of all return / Total number of return
= [0.130 + 0.199 + (-0.194) + 0.171 + 0.191] / 5
Arithmetic Return = 9.96%
![Geometric Return = [(1+r1)(1+r2)(1+r3)(1+r4)(1+r5)] ^ {(1/5)}-1](https://tex.z-dn.net/?f=Geometric%20Return%20%3D%20%5B%281%2Br1%29%281%2Br2%29%281%2Br3%29%281%2Br4%29%281%2Br5%29%5D%20%5E%20%7B%281%2F5%29%7D-1)
![Geometric Return = [1.52445]^{(1/5) }-1](https://tex.z-dn.net/?f=Geometric%20Return%20%3D%20%5B1.52445%5D%5E%7B%281%2F5%29%20%7D-1)
Geometric Return = 1.0880 - 1
Geometric Return = 0.0880 = 8.80%
Answer:
The correct answer to the following question is increase in the production of bagel .
Explanation:
Here it is given that milk is an input for cheese , and also cheese and bagel are complementary goods, which means that there is an negative cross elasticity between cheese and bagel. So therefore when there is an decrease in the price of milk, which will also lead to decrease in price of cheese and thus, as per the negative cross elasticity when the price of one good decreases that means the production or output of other will increase and vice versa will also be true, so therefore the production of bagel would also increase.
Answer:
$0
Explanation:
Given that
Estimated value of the meals = $1,300
Preparing cost of lunch = $560
Cost of the meals to the power company = $470
The income that is recognized from the meals should be zero as he took the lunch from the office premises only which is to be excluded while computing the gross income
Plus, he also likes to eat his lunch at the plant cafeteria due to nuclear emergencies
