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3 years ago

what is the producers surplus when barylia engages in trade and the government imposes a tariff of $1

Business

1 answer:

ivolga24 [154]3 years ago

4 0

Answer: $20

Explanation:

When the Government introduces a tariff, it will have the effect of reducing competition for the local producers because import prices will now be higher.

The Producer surplus before the tariff was G because they were forced to sell at the global price. With the imposition of the tariff, the price went to $4 or rather P2. This then increased Producer Surplus to include area F as well.

The total Producer Surplus is therefore, F + G.

This is a triangle so it will be solved for the area by the formula;

= $\frac{1}{2} * base * height$

= $\frac{1}{2}$ * 20 * ( 4 -2)

= 10 * 2

= $20

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Answer: a) Option A

Explanation:

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3 years ago

You have $11,000 to invest in a stock portfolio. Your choices are Stock X with an expected return of 15 percent and Stock Y with

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Answer:

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Explanation:

The following expressions can be formed;

Let x and y be the proportions

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3 years ago

Altogether the national, state, and local governments of the United States spend about a __________ of our gross domestic produc

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Answer:

According to the OECD the total expenditure of the US government, including state and local is about a 38% of the GDP.

Explanation:

The federal government expends almost the 55% of the total and the remaining 45% the state and local government.

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3 years ago

The following partially completed process cost summary describes the July production activities of Ashad Company. Its production

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Answer:

Explanation:

We solve this prblem in three steps

Step#1

In this step we will prepare the summary of units produces and trasffered and units in closing stock

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Started 133000

141000

Transffered 122000

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Step#2

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Head Cost Cost Cost units WIP Units Per unit

Material 38,600 751,000 789,600 122,000 19,000 141,000 5.6000

Labor 1,480 138,820 140,300 122,000 13,300 135,300 1.0370

O.H 2,960 267,640 270,600 122,000 13,300 135,300 2.0000

Step-3

In this process we will calculate the cost incurred during the period.

Complete 122,000 8.64 1,053,708

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3 years ago

Samantha is trying to decide where she should place her extra money. She has heard of two types of financial institutions—deposi

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Answer:

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The best way to differentiate a depository institution from a non-depository institution is to compare the two terms. Whereas a depository institution is a savings bank, legally allowed to accept monetary deposits from consumers (for example, commercial banks, savings and loan associations, or credit unions), non-depository institutions do not accept monetary deposits from customers (for example insurance companies, pension funds, securities firms, government-sponsored enterprises, and finance companies), but they all render financial services.

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2 years ago

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