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Aleksandr [31]
3 years ago
7

When a country that exported a particular good abandons a free-trade policy and adopts a no-trade policy, A. producer surplus de

creases and total surplus decreases in the market for that good. B. producer surplus increases and total surplus decreases in the market for that good. C. producer surplus increases and total surplus increases in the market for that good. D. producer surplus decreases and total surplus increases in the market for that good.
Business
1 answer:
lyudmila [28]3 years ago
3 0

Answer:

A) producer surplus decreases and total surplus decreases in the market for that good.

Explanation:

When a country adopts a no trade policy, producer surplus decreases, consumer surplus increases, and total economic surplus decreases.

Total producer surplus deceases, because the quantity produced will be greater than the quantity demanded by the domestic market which will result in lower prices (which increases consumer surplus). But the extra consumer surplus is not enough to offset the lost producer surplus, therefore, the total economic surplus will decrease.

This is specially true if we are talking about small economies or large producers. E.g. due to the US - China trade war, American farmers couldn't sell their products to Chinese customers which resulted in an over stock, and a great portion of their total income was slashed.

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Suppose Robina Bank receives a deposit of $53,589 and the reserve requirement is 3%. Answer the questions using this information
g100num [7]

A) 2,679.45
B) 50,909.55
C) 1,071,780
Explanation:
The bank will keep 5% of the deposit:
53,589 x 5% = 2,679.45‬
Then, it will have in excess the remainder:
53,589 - 2,679.45 = 50,909.55‬
This amount can be used for another.
This makes a hypothetical loop. The borrower can also deposit and creating the chance or another loan and so on. The cycle repeats indefinitely
The maximum amount of new money can be determinate as follow:

53,589 / 0.05 = 1,071,780
3 0
3 years ago
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timurjin [86]

Answer:

field sales representative

Explanation:

Based upon this​ description, Dominic could best be described as​ a field sales representative. This is a type of salesperson, usually those working for wholesale organizations, and who's main task is going outside of the company and visiting potential customers in order to sell them the company's products or services. Other than this the job mostly entails forming great professional relationships with the customers. One way of doing so is by attending events and making sure the products that you have sold are working correctly and that the customer is content with it, as described in the scenario in the question.

7 0
3 years ago
Tom's lawn service specializes in mowing lawns and trimming bushes Tom has 4 hours to devote to lawn services. In 1 hour, he can
Alex Ar [27]

Answer:

attached answer

Explanation:

To draw the FPP we have to calculate either the formula or calcualte two points in the curve to draw the line.

Mowed Land                    Trimmed bushed

0(0 hours x 3 per hour)   20 (4 hours x 5 per hour)

3(1 hours x 3 per hour)      15   (3 hours x 5 per hour)

6(2 hours x 3 per hour)     10   (2 hours x 5 per hour)

9(3 hours x 3 per hour)     5   (1 hours x 5 per hour)

12(4 hours x 3 per hour)    0   (0 hours x 5 per hour)

8 0
3 years ago
Han Products manufactures 22,000 units of part S-6 each year for use on its production line. At this level of activity, the cost
balu736 [363]

Answer:

Profit decrease = $6,000

Explanation:

As per the data given in the question,

a)

Calculation for buying and making product :

Particulars                Per unit Differential cost           22,000 units

                                    Make          Buy                             Make         Buy

Cost of buying                            $44.50                                         $979,000

Cost of making :

Direct material           $5.60                                          $123,000

Direct labor              $6.00                                           $132,000

Variable manufacturing

overhead                  $3.6                                              $79,200

Fixed manufacturing

overhead                  $4                                               $88,000

                          ($12 × 1 ÷ 4)

Opportunity cost                                                          $551,600

Total cost                $19.2    $44.50                             $973,800  $979,000

b) As we can see that the Profit is decrease by $6,000 in case of outside supplier offer accepted  by taking the difference between the making and buying cost i.e

=  $979,000-$973,800

= $6,000

5 0
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Understanding political and regulatory considerations is important for entrepreneurs because we want to know how the laws affect the firms that we are in or that we may start.

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We are interested in learning how the laws affect the businesses that we are in or may start. We also want to consider the government as a consumer and potential growth areas. We also wish to raise awareness of these factors and changes in politics and regulation.

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In a certain geographic area, entrepreneurial development is greatly influenced by political issues. This is due to the fact that politicians determine the kind of market that is present. The market may be capitalistic, communist, or a mixed economy in various nations.

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The foundation of a country's commercial climate is its political environment. Businesses would be positively influenced by stable and improved government policies, and vice versa. Changes in policy are frequently brought about by changes in government.

Learn more about political and regulatory factors: brainly.com/question/28900810

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4 0
1 year ago
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