You have gone to work for the new high-end subsidiary of the Tommy Hilfiger clothing company. They ship silk for their suits from their Chinese subsidiary to their US factory. The value of the silk shipped can be placed anywhere between 30 and 100 dollars per unit. The per unit costs in China are 35 dollars. The tax rate in China is 30%, whereas the tax rate in the US is 21%. The finished suits sell for $300, and there are additional costs of $100 in the US. What price maximizes your total after-tax profits

The strength of the economy depends on the balance pf production and consumption of goods and consumption of goods and services

1. all other things equal, according to the law of demand, when the price of a good falls, the demand for the good falls the demand for the good rises the quantity demanded of the good falls the quantity demanded of the good rises 2. when a market is in equilibrium, the quantity of the good that buyers are willing and able to buy exactly equals the quantity that sellers are willing and able to sell cannot be determined is less than the quantity that sellers are willing and able to sell is greater than the quantity that sellers are willing and able to sell 3. which of the following factors does not influence the demand for a good or service? consumer (buyer) income the price of related goods the number of sellers buyer expectations 4. when the number of sellers in a market increases, demand rises supply rises the price rises, all else equal the number of buyers falls

Why do you think the compensation plans differ at the two firms? in particular, why do you think kaufmann’s pays commissions to salespeople, while parkleigh does not? why does parkleigh offer employees discounts on purchases, while kaufmann’s does not?