<span>wallerstein's world system theory would suggest that the US is part of a "core state" market. Tje core countries promarily try to promote a high-skill monetarily geared type of production. The core market that the US is primarily composed of is aimed toward internal economic activity and hardly geared towards the national economic market at all. The US being a part of a successful "core" market allows us to have a highly diversified personal economic standing, and allows us to promote development and large industrialization.</span>
Answer: The following statement is correct:<u><em> The dead-weight loss of the tax is $12.50.</em></u>
We can compute Dead-weight loss as :
Dead-weight loss =
× [Quantity before tax - Quantity after tax]×[
-
]
∵ Tax revenue= Tax × Quantity after tax
⇒ Quantity after tax = ![\frac{475}{0.50}](https://tex.z-dn.net/?f=%5Cfrac%7B475%7D%7B0.50%7D)
⇒Quantity after tax = 950
∴ Dead-weight loss = ![\frac{1}{2}\times[1000- 950]\times[1.90-1.40]](https://tex.z-dn.net/?f=%5Cfrac%7B1%7D%7B2%7D%5Ctimes%5B1000-%20950%5D%5Ctimes%5B1.90-1.40%5D)
⇒ Dead-weight loss = 12.50
<u><em></em></u>
<u><em>Therefore the correct option is (d)</em></u>
The answer is 8.48% discount.
Given, portfolio's current worth = $300 million
liabilities = $5 million
shares outstanding = 9 million
Share Price = $30 per share
Value of NAV = (Value of Portfolio - Liabilities) / shares outstanding
Now, substituting the value of the given information in the above mentioned formula we get,
NAV(in millions $) = (300 - 5) / 9
= $32.78 millions
Since, Discount = ![1 - \frac{share prive}{NAV}](https://tex.z-dn.net/?f=1%20-%20%5Cfrac%7Bshare%20prive%7D%7BNAV%7D)
= ![1 - \frac{30}{32.78}](https://tex.z-dn.net/?f=1%20-%20%5Cfrac%7B30%7D%7B32.78%7D)
= 8.48%
Hence, its discount as a percent of NAV is 8.48%.
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Answer:
Cross Price Elasticity (Splishy Splashy & Raskels) = -0.8
Cross Price Elasticity (Splishy Splashy & mookies) = 1.2
Mookies are recommended to me marketed with Splishy Splashies.
Explanation:
Substitutes are goods that are inter changeable for a want. Complements are goods that are jointly demanded for a want.
Substitutes price & demand are inversely related, cross price elasticity is negative. Complements price & demand are positively related, cross price elasticity is positive.
Cross Price Elasticity Formula = <u>percentage change in demand </u>= <u>% ∆ D</u>
percentage change in price. % ∆ P
Cross Price Elasticity (Splishy Splashy & Raskels) = <u>% ∆ D (raskels</u>
% ∆ P (splishy splash)
= 4/-5 = -0.8
Cross Price Elasticity (Splishy Splashy & mookies) = <u>% ∆ D (mookies)</u>
% ∆ P (splishy splash)
= -6/-5 = 1.2
Cross price Elasticity (Splishy Splashy & Raskels) is negative, so they are substitute goods. Cross Price Elasticity (Splishy Splashy & mookies) is positive, so they are complementary goods.
Splishy Splash & Mookies are complementary goods. So, Mookies are recommended to me marketed with Splishy Splashies.