Answer:
Price - increase
Domestic production- increase
Import- reduces
Producer surplus- increase
Explanation:
A tariff is a form of tax on import or export.
When a tariff is imposed on a good , the price of the good increases.
As a result of the tariff , the amount of the goods imported falls as the imported good is now more expensive. The quantity produced by domestic producers increases as consumers would now start demanding for the domestic good. Tariffs are sometimes enacted to discourage importation and encourage domestic production.
As a result of the price increase, producer surplus increases. The increase in price also increases output. The producer surplus is the difference between the price of a product and the least amount the producer is willing to sell his product.
I hope my answer helps you.
Stan and Tammy will share the estate in equal shares. You are able to have as many beneficiaries as you name, due to this and no change in the first will, both will be heirs to the estate. If Ruth were to have revoked the first will, then it would have left Tammy the sole beneficiary.
Answer: pay for performance
Explanation: In simple words, it refers to the concept under which an organisation tries to motivate its employees to work more by offering them incentives on extra work. These incentives could be cash or related to some other service as such.
In the given case, Valerie is earning from the summer job on the basis of production she do while on the job.
Hence the following case is an example of pay for performance.
Answer:
<em><u>P (x) = 80x - 2x^2 - 3</u></em>
Explanation:
The Profit function is the revenue minus the cost.
Revenue = Price x Quantity = X.px = x(88-2x) = 88x - 2x^2
Therefore the profit function P (x):
P (x) = 88x - 2x^2 - (8x+3)
<em><u>P (x) = 80x - 2x^2 - 3</u></em>
<em><u /></em>
To maximise profit we use the 1st order condition: dP(x)/dq = 0
Therefore, 80 - 4x = 0
4x = 80
x = 20
So 20 leashes maximises profit.
P(x) = 80(20) - 2(20)^2 - 3
<em><u> P = $803 </u></em>
<em><u /></em>
The price to charge would be:
<u><em>p (x) = 88 - 2(20) = $48</em></u>
<u><em>The best reason would be that the price is a bit expensive for a leash so most people would not buy it.</em></u>
Answer: $615,810
Explanation:
The Book Value of the Asset at the end of 4 years will be;
= Cost of equipment - Accumulated Depreciation
= 3,250,000 - ( 3,250,000 * ( 20% + 32% + 19.20% + 11.52%))
= 3,250,000 - 2,688,400
= $561,600
The Equipment will be sold at $645,000 meaning a gain is made
= 645,000 - 561,600
= $83,400
Tax to be paid is;
= 83,400 * 0.35
= $29,190
After-tax salvage value of the equipment = Sales Price - Tax
= 645,000 - 29,190
= $615,810
