Answer:
Hope this helps
Explanation:
His utility function is U=XY9. The price of X is 10 dollars and the price of Y is 20 dollars and Jerry has an income of 500 dollars. Suppose the price of Puffy Shirts increased to 20 dollars. The compensated bundle is 2.6794, 24.1149.
Trade restrictions should not be used to influence human rights issues, as such rights are inherent to human beings and must be protected by the State, regardless of a nation's political and commercial system.
<h3 /><h3>How does trade affect human rights?</h3>
Through the commercial interaction between countries facilitated by globalization, there is an increase in the search for profitability and consumption, which causes increased exploration at work to reduce expenses, and social inequality, increasing poverty and reducing the quality of life.
Therefore, it is essential that the protection of human rights be a priority action of a government, through regulations, public policies, worker support and training, reducing the negative impact of trade on citizens' rights.
Find out more about Human Rights here:
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Answer:
$4,300
Explanation:
Calculation for what amount should Nelson report for total ending inventory on its Dec. 31 balance sheet
Total ending inventory=( 200*3.50)+(400*1.50)+ (1,000*3.00)
Total ending inventory=$700+$600+$3,000
Total ending inventory=$4,300
Therefore the amount that Nelson should report for total ending inventory on its Dec. 31 balance sheet will be $4,300
Answer:
See the explanation for the answers.
Explanation:
1. "Regulate it" is superior because anti trust makes it open to competition and the firm no longer remains a monopoly.
2. A regulated monopoly lower the price it charges from consumers which benefits the consumers because their consumer surplus increases. A regulated monopoly also offers better quality products.
3. Yes, there are redeeming qualities of monopolies.
Advantages of monopoly-
(a) The profits that the monopolist earns can be invested in R and D.
(b) Monopolies can practice price discrimination which can benefit weaker sections of the society.
(c) Monopolies can invest in latest technology which increases productivity and total output of a country.
(d) The government generates revenue from taxing the monopoly firm.
