Match each scenario with the economic concept it describes.
a.)dumping
b.)tariff
c.)quota

1.)to protect its plastic industry from
foreign competition, country a
raises taxes on plastic imports.
2.)country a decides that it will allow
only 500,000 tons of rice to be
imported per year so demand
for local produce doesn’t fall too much.
3.)because of subsidization and improving
technologies, country a is able to grow
large quantities of corn. it exports corn
to country b at prices below normal value.

2standard deviation a particular telephone number is used to receive both voice calls and fax messages. suppose that 25% of the incoming calls involve fax messages, and consider a sample of 25 incoming calls. (a) what is the expected number of calls among the 25 that involve a fax message?

When interest is compounded continuously, the amount of money increases at a rate proportional to the amount s present at time t, that is, ds/dt = rs, where r is the annual rate of interest. (a) find the amount of money accrued at the end of 3 years when $4000 is deposited in a savings account drawing 5 3 4 % annual interest compounded continuously. (round your answer to the nearest cent.) $ (b) in how many years will the initial sum deposited have doubled? (round your answer to the nearest year.) years (c) use a calculator to compare the amount obtained in part (a) with the amount s = 4000 1 + 1 4 (0.0575) 3(4) that is accrued when interest is compounded quarterly. (round your answer to the nearest cent.) s = $

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