If the foreign export supply is perfectly elastic, what is the optimal tariff Home should apply to increase welfare? Explain. b. If the foreign export supply is less than perfectly elastic, what is the formula for the optimal tariff Home should apply to increase welfare? c. What happens to Home’s welfare if it applies a tariff higher than the optimal tariff?

Assume that the governance committee states that all projects costing more than $70,000 must be reviewed and approved by the chief information officer and the it senior leadership team (slt). at this point, the cio has the responsibility to ensure that management processes observe the governance rules. for example, the project team might present the proposed project in an slt meeting for a vote of approval. what does this scenario illustrate about organizational structure?