It is always the aim of the government that people take pride with the things that the locals in their land are able to produced. If this is the main aim of the government then, it should be a policy that one should buy the local products first. In line with this, the government may limit the amount of imported goods reaching their area as these imported good may jeopardized the aim to take pride in the local ones. 
        
             
        
        
        
Answer:
The equilibrium number of firms is 20.
Explanation:
Q = SH × b
    = 2,400 × (1/20)
    = 2,400 × 0.05
    = 120
Also given, Q = S / n
                 120 = 2,400 / n
                   n = 20
 
        
             
        
        
        
Answer:
Trading
Explanation:
Buying and selling stocks is another term for trading because it is a system of "give and get"
 
        
             
        
        
        
Answer:
D) 137000 39000 
Explanation:
Allen  140,000
Daniel 40,000
Capital before admission 180,000
share ratio 3:1
Capital after admission:
180,000 + 40,000 = 220,000
David participation: 20%
220,000 x 20% = 44,000
David investment  40,000
goodwill: 4,000
There is a difference in goodwill which will be supported for the old partner as their current share ratio
Allen 4,000 x 3/4 = 3,000
Daniel 4,000 x 1/4 = 1,000
Capital after David admission:
140,000 - 3,000 = 137,000
40,000 - 1,000 = 39,000