1)Suppose two firms owned by Trump Corporation and Koch Industries are currently emitting 8,000 tons of pollution each. Abatement costs for Trump…
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On one dollar raised from owners, a company is expected to generate a rate of return of 5%. Normally this company returns 75% of its profits to its…
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. [A nation] is “small”, unable to affect world prices. It imports peanuts at the price of $10 per bag. The demand curve is D=800-20PThe supply curve is S=100+10PDetermine the free trade equilibrium. Then calculate and graph the following effects of an import quota that limits imports to 100 bags.

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