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What Type of attraction are in Uk? and which are the main Characteristcs of supply? (what make different from the rest of the world)
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- The figure provided shows the market for calculators. Price of calculators $45 40 S 30 20 20 10 5 world price with tariff world price D 50 100 200 300 400 500 600 700 800 900 Quantity of calculators Deadweight loss arising from the tariff is, in numerals, $ Need help on this question? 目 Read the ebook page on this topic (no penalty) Get a hint (fewer points)The following graph shows intra-industry trade in the United States for two types of yogurts: Yoplait (a famous French brand) and Dannon (a famoud American brand): 13 12 11. 10 A 9 83 7 2 1 0 -1 10 1 -11 CHG. O GHOI. O HLP. US Market for Yoplait (Y) Supply of Yoplait O GHPK. 8 Demand for Yoplait 9 10 11 12 13 Yoplak 15 12 Price 11 10 A 0 1 2 US Market for Dannon (D) Refer to the above graph. At the price of $6 for Y, and relative to an autarkic situation, intra- industry trade leads to a loss for producers of: Supply of Dannon Demand for Dannon Dannon 10 11 12 13QUESTION 1 How would decreasing an import tariff on a good affect producer surplus in a nation that imports that good? a. no effect b. decrease only if demand is inelastic c. decrease d. decrease only if demand is elastic e. increase
- 0₁ 1 tern allia (6) Consider two countries: Fineland and Sineland, producing two goods: mobiles and iPods, under perfectly competitive market conditions. Fineland exports mobiles and imports iPods. Sineland exports iPods and import mobiles. Assuming well-behaved offer curves for both the countries, illustrate with help of a neatly labeled diagram, as to what would happen if there is sudden fall in the supply of iPods by Sineland? (6 g pangQUESTION 3 The U.S. Market for Computers sdamertie pply curre) Domestic price writh tanif Wadd price 2.000 D domestic de mandauve) 200 Quantity (thourande of unta) 100 120 I90 Referring to the above figure, how much revenue will the US government collect as a result of the tariff on computers? a. $168 millisn Ob. $76 million OC $28 million d. $280,000The following graph shows intra-industry trade in the United States for two types of yogurts: Yoplait (a famous French brand) and Dannon (a famoud American brand): -1 13 12 11 10 A 9 8G 7 2 Price 1. 0 0 2 US Market for Yoplait (Y) Supply of Yoplait 5 6 7 Loss of LQM. Gain of LQM. Loss of KLMR. Demand for Yoplait Gain of KLMR. Yoplak 9 10 11 12 13 14 12 Price 11 10 A US Market for Dannon (D) 2 3 4 5 7 Supply of Dannon Refer to the above graph. At the price of $6 for D, intra-industry trade leads to which of the following for the United States: 8 Demand for Dannon Dannon 9 10 11 12 13
- Think about the mobile-market is in equilibrium. Suppose that, as part of a trade policy, the government imposes the tax on mobile-import. Will this affect the supply or the demand? Why? How this will affect the consumer surplus and producer surplus? Show graphically with before- and after-effects on the same graph. How will this change the equilibrium price and quantity of mobile? Explain your reasoning.The following graph shows intra-industry trade in the United States for two types of yogurts: Yoplait (a famous French brand) and Dannon (a famous American brand): 13 12 11. 10 A 9 7 1. -1 0 -11 O AKL. O AGH. Supply of Yoplait 3 O GHLK. O HPL. US Market for Yoplait (Y) Demand for Yoplait Yoplak 10 11 12 13 14 15 -1 12 Price 11 10 A 0 US Market for Dannon (D) Refer to the above graph. At the price of $6, intra-industry trade leads to a consumers surplus for Y equal to: Supply of Dannon Demand for Dannon Dannon 10 11 12 13ЕОC 10.05 Japan imports crayons into its country; they are a price taker in this market. Suppose the world price of crayons is $5. If Japan imposes a $1 tariff on crayons, what would be the domestic price of crayons and what will happen to the quantity bought? Select an answer and submit. For keyboard navigation, use the up/down arrow keys to select an answer. a The quantity bought will increase and the price will be $6. b The quantity bought will fall and the price will be $6. The quantity bought will fall and the price will be $4. d. The quantity bought will increase and the price will be $4.
- The demand and supply for houses (in millions of houses per year) is shown below. If the worldwide price of houses is $350,000, the international housing market would: Quantity Demanded Quantity Supplied Price per Home 350,000 340,000 330,000 320,000 U.S. Residents 10 20 40 60 Rest of World 15 25 45 65 Experience a shortage Experience a surplus Be at equilibrium Worldwide Market Price per Home 350,000 340,000 330.000 320,000 U.S. Residents 30 25 20 15 Rest of Worldwide World Market 40 35 30 25If the world price is greater than $120, does this create a shortage or surplus of contact lenses in the domestic market? PS- Graph shown is for contact lenses Idk what would the right answer is?1. Graph and explain what happens in the market for cirgarettes when taxes go up by $1 2. Graph and explain the impact of a tariff on Japanese cars on the market for Japanese Cars? 2b. What happens in the market for American cars and why do domestic manufacturers like tariffs? 3. What happens in the market for hotel rooms when the government announces that it is safe to travel again?
