Answer:
The arguments that can be used to correctly defend the WTO's position on retaliatory tariffs are:
Convincing the government to impose antidumping duties is less costly than facing fair competition.
Accusing foreign firms of dumping is less costly than producing goods competitively.
Explanation:
A government can impose anti-dumping duties on certain imports when it believes that the prices of the imports are below their fair market values. Truly, some exports have been found to export goods at prices significantly below their domestic market prices. Dumping shows that the export prices may even be below their production costs.
Answer:
Year Cashflow [email protected]% PV
$ $
1 4,000 0.9524 3,809.60
2 4,000 0.9070 3,628.00
3 4,000 0.8638 3,455,20
4 104,000 0.8227 85,560.80
Market price of the bond 96,454
The amount that GHI received at issuance is $96,454.
Explanation:
In this case, we need to calculate the current market value of the bond. The annual coupon is calculated as R = 4% x $100,000 =$4,000, which is 4% of the face value. We will discount the annual coupon and face value of the bond at 5% market interest rate. The cashflow for year 4 is the aggregate of coupon and face value of the bond. The current market value of the bond calculated above is the amount that GHI received at issuance of the bond.
Answer:
A) -0.55
B) The negativity in the estimated elasticity suggests that for every 1% increase in the price of transport there will be a corresponding 0.55% decrease in the number of Commuters
Explanation:
Given data:
current fare (P0) = $4
hiked fare (P1) = $6
change in fare = $2
number of rides before increase ( Q0 ) = 10000
number of rides after increase ( Q1 ) = 8000
change in rides = 2000
A) The estimated elasticity of demand for MRT rides using the midpoint /ARC method
Mid point method = [ ( Q1 - Q0 ) / ( Q1 + Q0 ) ] / [ (P1 - P0 ) / (P1 + P0 ) ]
= [ - 2000 / 18000 ] / [ 2 / 10 ]
= - 1000 / 1800 = - 5 / 9 ( estimated elasticity )
= - 0.55
B) The negativity in the estimated elasticity suggests that for every 1% increase in the price of transport there will be a corresponding 0.55% decrease in Commuters
Answer:
A. Disposable income
B. Marginal Propensity to Consume
C. Change in Disposable Income by the Marginal Propensity to Consume.
Explanation:
The consumption will increase by $800
Explanation:
The consumption function shows the relationship between consumption spending and disposable income.
The slope of the consumption function is the marginal propensity to consume.
Changes in consumption can be predicted by multiplying the change in disposable income by the marginal propensity to consume.
GIVEN that: MPC = 0.60
Disposable income increases by $1,500
consumption increase = 0.60*$1500
= $900
Therefore, The consumption will increase by $900.
The correct question is:
Andrea wanted to purchase a gaming desktop computer. After a lot of research, she decided to buy a desktop from a retail store which was giving 3 videogames free with the computer. In this scenario, the gaming computer, along with free videogames, is an example of a(n) _____.
Answer:
Augmented Product
Explanation:
An augmented product is an intangible feature or add-on that comes with a product. For example warranty on a television, free customer support, free delivery, and so on.
This is a good sales strategy that differentiates a product from others on the market.
In the question above, the video games are an additional feature that adds value on this particular desktop computer, and differentiates it from others.