1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
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.

You might be interested in
Should people volunteer? Why or why not? Justify your response. (Site 2)
Softa [21]

People should volunteer to help out the community and overall make you a better person. Helping out can drastically change someones overall appearance making them seem like a nicer and more chill human being to be around. Volunteering also works on Social Skills that many people lack every human should work on there social skills and interacting with people by volunteering.

5 0
4 years ago
Suppose the bond has 10 year to maturity, and the bond has a 5% yield (that is, annual return). what price does this bond sell f
Over [174]
Amoreandrusamoreandrus

3 0
3 years ago
Reading from left to right, which list shows the tax types that proportionally increase with a rise in income?
Murrr4er [49]

Answer:

Regressive, proportional, progressive

Explanation:

There are three main tax categories: regressive, proportional, and progressive.

Regressive Tax

Regressive taxes are type f tax accessed as a percentage of the value of an asset purchased or possessed. Under this system, low-income earners tend to pay a higher amount compared to high income earners because it has no correlation with what the taxpayer earns or their income level.

Proportional Tax

In a proportional tax system, everyone irrespective of their income pay the same rate. This tax system affects everyone equally.

Progressive Tax

A progressive tax has it name implies is progressive in nature.The tax rate increases as the income level of the tax payer increases. Therefore high-income earning individuals pay more than low-income earning individuals

3 0
3 years ago
Kirksand Airlines is well known for providing excellent customer service to its flyers. The staff members enquire and listen car
polet [3.4K]

Answer:

The correct answer is B. personalization.

Explanation:

At present, consumers no longer like the idea of ​​being seen as simple numbers by brands and companies, this implies that those who seek to reach these individuals should work harder to change the way they relate and direct to this, and one of the most effective methods today is through personalization, which implies a better understanding of consumers to become more relevant to them. Salesforce notes that by 2021, 51 percent of consumers would be waiting for companies to anticipate their needs and make relevant suggestions before a contact is established.

Therefore, we can talk about personalization as an increasing tactic, which is being well perceived by businesses and consumers. Particularly in the case of business, the benefits have been significant, Monetate notes that 79 percent of organizations that exceed their revenue goals have a documented personalization strategy.

3 0
3 years ago
Many organizations use a(n) ____ interview to remind the employee of contractual obligations, such as nondisclosure agreements,
Law Incorporation [45]

Answer:

The correct answer is 4

Explanation:

Exit interview is a wrap-up interview or the meeting among the management representatives and the person or individual who is leaving a firm either voluntarily or through termination.

But it can be uses by the firm for remanding the employee of the contractual obligations of the person and also to attain the feedback on the tenure of the employee in the firm.

6 0
3 years ago
Other questions:
  • In a flexible budget performance report _____.
    7·1 answer
  • Hughes Aircraft sold a four-passenger airplane for $380,000, accepting a 12% note for the purchase price. This transaction would
    13·1 answer
  • A company's days' cash on hand is computed by dividing:​ Group of answer choices ​cash and short-term investments by daily cash
    10·1 answer
  • Accounts Receivable As of December 31, 2016, Nala Incorporated reported accounts receivable for $275,000 less allowance for doub
    8·1 answer
  • In what ways are consumer preferences changing in Ford’s different market segments and geographies? Are consumers able to articu
    5·1 answer
  • Broad, Inc. had a beginning inventory of $50,000 and an ending inventory of $80,000. Its Cost of Goods Sold for the year was $97
    13·1 answer
  • Hewo how are u today
    15·2 answers
  • Solve it fast !!please​
    12·1 answer
  • Which of the following will likely lead to cost-push inflation? Select the two correct answers. (1 point)
    14·1 answer
  • You are the manager of a retail store. Shipments of the products you sell arrive once a week from the central warehouse and you
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!