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Olin [163]
3 years ago
12

How does NAFTA's elimination of 20% of Mexican tariffs on U.S. cars affect the United States?

Business
1 answer:
PtichkaEL [24]3 years ago
4 0
Just trying to get message unlocked ya feel
You might be interested in
Factors affecting communication in a an organization
iVinArrow [24]

FACTORS AFFECTING COMMUNICATION

Status / Role.

Cultural differences .

Choice of communication channel .

Length of communication .

Use of language .

Individual Perceptions / Attitudes / Personal

3 0
3 years ago
Suppose that the duopolists Carl and Simon face an inverse demand function for pumpkins of P = 400 - Q, where Q = Qs + Qc is the
Usimov [2.4K]

Answer:

the Cournot-Nash equilibrium, Simon's production is 82 units

Explanation:

The Cournot-Nash Equilibrium for  Simon's production is calculated as follows:

P = 400 - Q \\ \\ Q = Q_s + Q_c

Reaction function of Carl is as follows:

Carl maximize profit at HR_c = HC_c

TR_c = P*Q_c

TR_c = (400 -Q_s -Q_c)Q_c

TR_c = 400Q_c -Q_sQ_c -Q_c^2

⇒ HR_c = \delta TR_c/ \delta Q_c

HR_c =400 -Q_s -2 Q_c

C_c = 30 Q_c + Q_c^2

⇒ HC_c = \delta C_c/ \delta Q_c

HC_c =30+2Q_c

Set HR_c = HC_c

400 - Q_s - 2 Q_c = 30 - 2Q_c  \\ \\ 400 - Q_s -30 = 2Q_c + 2Q_c \\\\(370 Q_s) = 4 Q_c \\ \\ Q_c = (370-Q_s)/4 \\ \\ Q_c = 92.5 - 0.25 Q_s \to Reaction \ function \ of \ Carl --- equation (1)

Reaction function of Simon

Since Simon maximize profit  at HR_s = HC_s

TR_s = PQ_s \\ \\ TR_s = (400-Q_c -Q_s)Q_s \\ \\ TR_s = 400 Q_s - Q_cQ_s - Q_s^2

HR_s = \delta TR_s/ \delta Q_s

HR_s =400 - Q_c -2Q_s

C_s = Q_s^2

HC_s= \delta C_s/ \delta Q_s

HC_s=2Q_s

Set HR_s = HC_s

400- Q_c - 2Q_s = 2Q_s \\ \\ 400 - Q_c = 2Q_s+2Q_s \\ \\ 4Q_s = 400 - Q_c \\ \\ Q_s = (4000- Q_c)/4 \\ \\ Q_s = 100 -0.25 Q_c  ---  Reaction \ function \ of \ Simon \ -- equation (2)

Substituting equation (1) into equation (2)

Q_s =100 -0.25Q_c \\ \\ Q_s = 100 - 0.25(92.5-0.25 Q_s) \\ \\ Q_s = 100 -23.125 +0.0625Q_s  \\ \\ (Q_s-0.0625Q_s) = 76.375 \\ \\ 0.9375 Q_s = 76.875 \\ \\ Q_s = 76.375/0.9375 \\ \\ Q_s = 82

Thus; the Cournot-Nash equilibrium, Simon's production is 82 units

3 0
3 years ago
"Assume that a seven-firm cartel supplies 500 million units of Whatailsya energy drink at a price of $5.00 per unit. Each firm s
vodomira [7]

Answer:

Incomplete question. Helpful details provided below.

Explanation:

A seven firm cartel implies a group of seven individual firms or companies that produce similar products who mutually agreed to supply certain amount of these products at a fixed price inorder to equally and fairly make profit.

In this case, the law of demand and supply applied resulting in a drop in price of Whatailsya because of excess supply.

7 0
4 years ago
Martha is a highly skilled employee at DistantTool Editorial. She specializes in web designing. Recently, she has been assigned
loris [4]

While working on the project, Martha is most likely to be bored and less creative than usual.

Specialisation is an economic theory that suggests a person carries out activities for which one has a comparative advantage in or is most efficient in.  For example, Martha is skilled in web design, economic theory would suggest that she specialises in Web design.

<u><em>Advantages of specialisation </em></u>

  1. The worker that carries out the same job function repeatedly becomes extremely skilled in the activity.
  2. Work is carried out faster.

<u><em>Disadvantages of specialisation </em></u>

  1. Work can become monotonous
  2. Employees skills in other job functions declines.

If a person carries out the same rudimentary task repeatedly, it is likely that the individual would become bored. For example, if an engineer is employed to put marbles in a box. Soon he would become bored because the work he is doing is not mentally stimulating.

A similar question was answered here: brainly.com/question/14898213?referrer=searchResults

4 0
3 years ago
explain why a business that is small enough to be managed by one or a few people and does not require a large amount of capital
koban [17]

A business that is small enough to be run by one or a few people and does not require a large amount of capital would be good for a sole proprietorship.

This type of business structure has less bureaucracy and does not require a lot of formality to be managed, making it an ideal setting for family businesses, such as grocery stores and clothing stores.

Therefore, in a sole proprietorship, the owner is responsible for the risks inherent in the business, with greater freedom and flexibility.

Learn more about sole proprietorship here:

brainly.com/question/4442710

4 0
2 years ago
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