Business, 17.02.2020 18:02 wednesdayA

For a small country called Boxland, the equation of the domestic demand curve for cardboard is Q^D = 200 - 2P, where Q^D represents the domestic quantity of cardboard demanded, in tons, and P represents the price of a ton of cardboard. For Boxland, the equation of the domestic supply curve for cardboard is Q^s = -60 + 3P, where Q^s represents the domestic quantity of cardboard supplied, in tons, and P again represents the price of a ton of cardboard.
Required:
1. Suppose the world price of cardboard is $45. Then, if Boxland goes from prohibiting international trade in cardboard to allowing international trade in cardboard,
O domestic producers of cardboard become better off and domestic consumers of cardboard become worse off.
O domestic producers of cardboard become better off and domestic consumers of cardboarc become better off.
O domestic producers of cardboard become worse off and domestic consumers of cardboard become better off.
Odomestic producers of cardDoard become worse off and domestic consumers of cardboard become worse off.

Answers: 1

Show answers

Another question on Business

Business, 22.06.2019 20:50

Many potential buyers value high-quality used cars at the full-information market price of € p1 and lemons at € p2. a limited number of potential sellers value high-quality cars at € v1 ≤ p1 and lemons at € v2 ≤ p2. everyone is risk neutral. the share of lemons among all the used cars that might be potentially sold is € θ . suppose that the buyers incur a transaction cost of $200 to purchase a car. this transaction cost is the value of their time to find a car. what is the equilibrium? is it possible that no cars are sold

Answers: 2

Answer

Business, 22.06.2019 21:20

Which of the following best describes the advantage of living in a suburban area? a. suburbs give people access to city jobs along with more living space. b. suburbs give people easy access to cultural attractions and high-paying jobs. c. suburbs have the widest availability of low-cost housing of any living area. d. suburbs have the lowest population density of any living area.

Answers: 1

Answer

Business, 22.06.2019 23:10

How are credit unions similar to banks

Answers: 1

Answer

Business, 23.06.2019 01:50

The partnership of douglas, ryan, and ellen has dissolved and is in the process of liquidation. on july 1, 2016, just before the second cash distribution, the assets and equities of the partnership along with profit and loss sharing ratios were as follows: cash $30,000receivable - net $20,000inventories $25,000equipment - net $30,000total assets $80,000liabilities $12,000douglas, capital (20%) $28,000ryan, capital (50%) $24,000ellen, capital (30%) $16,000total liab./equity $80,000assume that the available cash is distributed immediately, except for a $2,000 contingency fund that is withheld pending complete liquidation of the partnership. how much cash should be paid to each of the partners? a. $3,200 douglas, $8,000 ryan, $4,800 ellenb. $5,600 douglas, $14,000 ryan, $8,400 ellenc. $16,000 douglas, $0 ryan, $0 ellend. $8,000 douglas, $0 ryan, $8,000 ellen

Answers: 1

Answer

You know the right answer?

For a small country called Boxland, the equation of the domestic demand curve for cardboard is Q^D =...

Questions