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3 years ago

Export supply curves are ; import demand curves are _.

Business

1 answer:

VikaD [51]3 years ago

8 0

Answer:

Export supply curve = foreign supply - foreign demand

import demand curve = domestic demand - domestic supply

Explanation:

The export supply curves us referred to the difference in supply between supply by foreign producer and demand by the foreign producer.

Export supply curve = foreign supply - foreign demand

The import demand curve is referred to the difference in quantity between demand by domestic producer and supply by domestic producer

import demand curve = domestic demand - domestic supply

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Congress would like to increase tax revenues by 10 percent. Assume that the average taxpayer in the United States earns $65,000

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Answer: 16.5% is the average tax rate that will result in a 10 percent increase in tax revenues.

Explanation:

This is an example of static forecasting since no time parameter is involved.

Now,

Let initial revenue be "R" ,

"n" be no. of taxpayer

∴ R= 65000×0.15×n

R +0.1R= 65000×rate×n

Using the above two equation, we'll get ;

r = 16.5%

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3 years ago

A company makes two products, A and B. A sells for $100 and B sells for $90. The variable production costs are $30 per unit for

Slav-nsk [51]

Answer:

True

Explanation:

Profit function would be maximised.

Profit = Revenue - Cost

Let units of both goods be = A ,B

Revenue per unit good A = 100

Revenue per unit good B = 90

Variable Cost per unit good A = 30

Variable Cost per unit good B = 25

Profit Function = (100 - 30)A + (90 - 35)B

= 60A + 65B

{The function is right without including 'average fixed cost' part of 'total cost' in the function because : average fixed cost is a constant & constant figure doesn't effect optimisation (via differentiation , ∵ d (c) = 0)

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3 years ago

Which type of investment is most likely to have the greatest long-term increase in value

Liono4ka [1.6K]

Which type of investment is most likely to have the greatest long-term increase in value? Stocks and bonds. Stocks and bonds when a company purchases a new asset is one of the best long-term investments you can invest in. Due to them being long-term investments, the asset needs time to accumulate more value for what it's worth before you sell it. Long-term investments value tends to rise overtime and not often would a short-term investment hold if kept to long.

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3 years ago

On April 1, 2014, Headland Inc. entered into a cost-plus-fixed-fee contract to construct an electric generator for Altom Corpora

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Answer:

Gross profit to be recognized = $196,140

Explanation:

Headland Inc.

Gross profit to be recognized by Headland at December 31, 2014 ending

Estimated contract cost $1,962,000

Fixed fee $467,000

Total $1,962,000+ $467,000) $2,429,000

Total estimated cost $1,962,000

Gross profit ($2,429,000- $1,962,000) $467,000

percentage of completion:( $829,900/1,962,000) 42%

Gross profit to be recognized: $467,000*42% $196,140

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3 years ago

The Italian government decides to stimulate the economy by sending checks worth $70 billion to Italian consumers If the governme

ludmilkaskok [199]

Answer:$35 Billion

Explanation:

Marginal propensity to consume means the raise in income of the consumer which the consumer is willing to pay for the goods and services. The proportional increase in income of the Italian people will increase their amount spent of goods. MPC differs based on the income of the consumers. Here the Italian government to increase economic activity checks have been send to the customers for spending.

The real GDP can be calculated as follows.

MPC = ($70 billion)(1.5) = $105 billion

GDP= $105 - $70 billion = $35 billion

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3 years ago

Export supply curves are __________________; import demand curves are ___________________.

Export supply curves are ; import demand curves are _.