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Answer:. A. a decrease in the consumer surplus of Japanese consumers.
Explanation:
When an import quota is imposed, it has the effect of limiting the imports of a commodity into an economy.
The effect of this is that supply drops as goods are no longer coming in from outside.
Because of this drop in supply, there is a increase in price.
This increase will reduce the Consumer surplus.
How?
Consumer Surplus is defined as the price that consumers pay vs the price they are willing to pay.
Because there was more supply, they were paying a price less than what they were willing to pay. As this supply has now dropped, the price they are paying is now closed to the price they are willing to pay.
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Answer: $198,515.29, $207,693.20, $209,903.91
Explanation:
Interest calculations:
1. Compounded annually
= A=50,000(1+0.09)^16
A= 50,000(1.09)^16
A=50,000(3.97030588)
A= $198,515.29
2. Compounded quarterly
= A=50,000(1+0.09/4)^16*4
=A= 50,000(1.0225)^64
A=50,000(4.15386394)
A= $207,693.20
3. Compounded monthly
=A=50,000(1+0.09/12)^16*12
A= 50,000(1+0.0075)^192
A=50,000(4.1980781995)
A= $209,903.91
Answer:
The reason why hosa require students to joint through local chapter instead of joining as individuals are: Hosa activities are so closely connected with the school curriculum, And this curriculum usually more compatible if it's carried out in groups.
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