Answer:
Option (D) is correct.
Explanation:
We all know that a country imposes tariffs on the imports of a commodity to restrict imports from other country.
Specific tariff is a type of tariff that will be imposed on the every unit of a commodity that will be imported in a country. It is a amount of money that a person have to pay for every unit he or she imports.
It is mostly levied on the products like Fertilizers, rice, wheat, cloth, sugar, cement, etc.
Answer:
D) 11,000
Explanation:
From 1982–2000, The Dow had experienced a Bull market when the index experienced its most spectacular rise in history. From the lowest 777 on August 12, 1982, the index jumped up to close at 11,722.98 by January 14, 2000, which demonstrates a growth of more than 1,500%.
Answer: the country which it's people have a better standard of living can be determined by the average number of hours worked per week in each country.
Answer:
$41.14
Explanation:
Declared dividend per share = $1.20
Tax on declared dividend per share = $1.20 * 28% = $0.3360
Net Declared dividend per share = $1.20 - $0.3360 = $ 0.864
Firm's closing stock price per share today = $42
Opening share price tomorrow = $42 - $0.8640 = $41.1360, approximately $41.14.
Answer:
The own price elasticity is 0.28.
The demand for good a is inelastic.
Explanation:
The price elasticity of demand for a product is the change in the quantity demanded of a product due to a change in its price.
When the price of good A increases by 7% the quantity demanded of that product decreases by 2%.
The own price elasticity of demand
= 
= 
= 0.28
The elasticity of demand is less than 1, this implies that demand is inelastic.
A greater change in price is leading to a smaller change in quantity demanded.
