Answer:
Increase the price of mangoes in the US, and lower the quantity of mangoes sold in the US
Explanation:
Tarrifs are amounts that are levied on import of a product aimed at discouraging use of foreign goods and encourage purchase of locally produced goods.
Tariffs will force importers to offer the foreign product at higher price.
In this scenario when Indian mangoes are subjected to tarrif the prices will be high.
Consumers will patronise less of Indian mangoes and instead by more locally produced mangoes.
This will cause price of mango to rise because of relative scarcity of mangoes. It will cause reduction in the amount of mangoes in the United States because the will be a reduction of imported mangoes.
The people that is part of the labor force is option D: an auto mechanic
The best example of frictional unemployment is option D: a company moving to another state, leaving its workforce without jobs
The ways that the economy is affected when the unemployment rate goes up are option B and C:
- Sales tax rates go down.
- Less money is spent on investments.
The most likely result of incomes not rising as quickly as inflation is option B: The unemployment rate rises as more people look for jobs.
The way the standard of living in the United States generally changed over the past 100 years is option B: It has gotten much better.
<h3>What do the terms "labor force" and "work force" mean?</h3>
The labor force is the whole population that is actively seeking employment. It is measured in terms of the number of days and is independent of wage rates. The workforce is the total number of people who are really employed.
Short-term unemployment includes frictional unemployment. When someone actively seeks a job or a new career, they are said to be in a frictional state of unemployment. Unemployment that is only intermittent isn't always a terrible thing. In fact, since it's voluntary, frictional unemployment may be a sign of a strong economy.
Hence, the term "workforce" or "labor force" refers to the group of people who are either employed or unemployed and an auto mechanic is a good example of it.
Learn more about labor force from
brainly.com/question/12167259
#SPJ1
The total tariffs based on the information given is $445 million.
<h3>How to calculate the value?</h3>
The total tariff will be:
= (240 - 190)(8.9 - 0)
= $445 million
The tablet price rises to $290.
The US ultimately will pay:
= $240 - $200
= $40
This will be:
= 40/50 × 100
= 80% of the tariff.
Learn more about tariffs on:
brainly.com/question/1172085
#SPJ1
Answer:
Price increase is about 4.2%
Explanation:
Price Elasticity of Supply (PES) is a measure of the responsiveness of the quantity of a particular good/service supplied to a change in price.
The price elasticity of supply is mathematically the ratio of the percentage change in quantity supplied to the percentage change in price.
Answer: The 5 elements of Design for Delight are going to start out with Delighting people.