ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN: 9780190931919
Author: NEWNAN
Publisher: Oxford University Press
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I believe this is wrong.
If I do 25 tons in Florin, and 15 Tons in Spain I will have a higher profit.
(Due to the fact that the
Your Total Cost should break out q(florin) and q(Spain) and so should your revenue
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- With the $20 tariff, what is the 'new' price in the domestic contact lens market? Price Quantity Supplied Quantity Demanded World Price World Price + Tariff 0 0 240 100 120 20 20 220 100 120 40 40 200 100 120 60 60 180 100 120 80 80 160 100 120 100 100 140 100 120 120 120 120 100 120 140 140 100 100 120 160 160 80 100 120 180 180 60 100 120 200 200 40 100 120 220 220 20 100 120 240 240 0 100 120arrow_forwardIf Boeing's dollar aircraft prices increase 25% and the yen/dollar exchange rate declines 15%, Japan Air Lines is effectively facing a price increase of 40, 2, or 10 % for the purchase of a Boeing 747. Boeing's margin would likely rise or fall if the yen depreciated and competitor prices were unchanged.arrow_forward
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