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allochka39001 [22]

2 years ago

5

10. Suppose the world price of coffee is $3 per pound and Brazil’s domestic price of coffee without trade is $2 per pound. If Br

azil allows free trade, will Brazil be an importer or an exporter of coffee?

1 answer:

aleksklad [387]2 years ago

6 0

Answer:

no

Explanation:

no ondjdjskaoaoskkd

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When you begin your first full-time job, you have a monthly income of $3,500. Your federal and state taxes are $1,000. You pay $

elixir [45]

Answer:

c. discretionary income.

Explanation:

There are various incomes which are explained below:-

a. Net Income: The income which is calculated after considering all expenses is called gross income.

b. Disposable income: The income which is computed after deducting the tax expenses is known as disposable income. It is not meant for basic necessities that means it considered only tax expenses.

c. Discretionary income: The income which is computed after considering the income, government taxes, other business expenses and day to day expenses is called discretionary income.

d. Gross income: The income which is calculated before considering all expenses is called gross income.

e. Earned income after taxes: The income which is earned after deducting the tax expenses is called earned income after taxes.

In the given situation, the most appropriate option is C.

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3 years ago

When the price of a good is $5, the quantity demanded is 120 units per month; when the price is $7, the quantity demanded is 100

Gre4nikov [31]

Price elasticity can be calculated using the attached formula where:
the first term represents the % change in quantity and the second term represents the % change in price

% change in quantity = (100-120) / (220/2) = -2/11 x 100 = -18.1818%
% change in price = (7-5) / (12/2) = 33.3333%

price elasticity = 18.1818/33.3333 = 0.55

Note that the price elasticity is usually taken as an absolute value.

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3 years ago

Who is the best image retouching service provider?

yawa3891 [41]

Answer:

ligma

Explanation:

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2 years ago

What Generation expected immigrants to assimilate and become "American" to the extent of expecting to alter their names upon arr

Anna [14]

Probably millennials

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Walmart is thinking about offering a 25% discount on a brand of shoes. If the elasticity of demand is two, then the discount wou

vitfil [10]

Elasticity of demand is a measurement used in economics to show how people respond and demand a product or service when nothing but the price changes.

If Walmart were to discount a shoe by 25% and the demand of the shoes is two pair, sales would increase by 50%. People are purchasing two pairs at this price and receiving 25% off of each pair.

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2 years ago