Mathematics
Mathematics, 18.03.2020 03:56, NFMZombie

Under free trade, a large country produces one million leather bags per year and imports another two million bags per year at the world price of $60 per bag. Assume the country imposes a specific tariff of $5 per bag. As a result, the per-unit price of leather bags decreases to $58 in the international market and the import of leather bags drops to 1.6 million. The domestic production, on the other hand, increases to 1.1 million. Calculate the tariff revenue collected by the domestic government.

answer
Answers: 1

Other questions on the subject: Mathematics

image
Mathematics, 21.06.2019 16:30, jimyyyy
Which composition of similarity transformations maps polygon abcd to polygon a'b'c'd'? a dilation with a scale factor less than 1 and then a reflection a dilation with a scale factor less than 1 and then a translation a dilation with a scale factor greater than 1 and then a reflection a dilation with a scale factor greater than 1 and then a translation
Answers: 3
image
Mathematics, 21.06.2019 18:30, liltay12386
F(x)=x^3+4 question 6 options: the parent function is shifted up 4 units the parent function is shifted down 4 units the parent function is shifted left 4 units the parent function is shifted right 4 units
Answers: 1
image
Mathematics, 21.06.2019 19:00, ashtor1943
Find the area of the triangle shown 3 by 6
Answers: 1
image
Mathematics, 21.06.2019 21:30, celeste961
Write 5(6x+4)-2(5x-2) in the form a(bx+c) where a, b and c integers and a> 1
Answers: 2
Do you know the correct answer?
Under free trade, a large country produces one million leather bags per year and imports another two...

Questions in other subjects:

Konu
History, 03.12.2020 19:20
Konu
English, 03.12.2020 19:20
Konu
Mathematics, 03.12.2020 19:20