Assume markets are perfectly competitive. By means of carefully drawn graphs, illustrate the costs and benefits of: (1) a tariff for the importing country; (2) an export subsidy; and (3) an import quota. How do the welfare effects of voluntary export restraints compare with tariff and quotas policies?

What are the key assumptions that allow strategic trade policy to work effectively in the Brander-Spencer analysis, what are the key conclusions of the analysis? Discuss. What do you think are the potential problems with the Brander-Spencer analysis? Discuss.

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1-Give an overview of the studies testing discrimination in education.

Consider the following advertising game between two restaurants in a small town in Raub.

a) Find the Nash equilibrium if the restaurants need to make their decision
simultaneously.

b) If the game is played repeatedly for an infinite number of times, calculate the discount
factor that will make cooperation sustainable if the restaurants are using grim trigger
strategy.

3 possible examples of the Opportunity Costs about a person would face if he/she were to join a branch of the Military Service (i.e. Army, Navy, Air Force, Coast Guard, Marines). Be specific and give details.  

Referring to the concept of Demographic Dividend(s) and the mechanisms of delivery of Demographic Dividend(s), discuss how demographic factors contributes to economic growth in China and India.

Explain why both unemployment and inflation rose in the 1970s?

the health care system

a. What are the benefits of health insurance to individuals? Does this vary depending on whether the health event is predictable? Expensive?

b. Explain why the fact that the employer contribution to health insurance premiums is not taxed provides a larger subsidy to some employees rather than others.3

c. You have very generous health insurance. It covers everything health care professionals (it is first dollar coverage). Why might this lead to moral hazard on the part of the patient? What form does this moral hazard take?

d. Your employer decides the plan you have is too expensive and terminates it. Your new plan no longer covers all your health expenses. Instead, you have to pay 10% of the cost of your healthcare. Does this help with the moral hazard in part c and why or why not?

e. You are advising your state’s governor on whether to expand Medicaid as part of healthcare reform. Using at least 2 supporting pieces of evidence, tell her what to do

1. The demand for good B is perfectly inelastic. A sales tax is levied on sellers. A(n) ________ in the elasticity of the supply in the market for good B would tend to __________ tax revenue from that tax.

a.       increase; have no effect on                 d.      increase; decrease

b.      decrease; decrease e.       increase; increase

c.       decrease; increase

2. Use the following information to answer the following questions.

Market for flat-screen TVs:

Demand: Qd = 2,600 – 5P

Supply: Qs = –1,000 + 10P

Suppose a price ceiling of $150 is imposed. Calculate the black-market price.

3. Give one unintended consequence of rent controls

4. A non-binding price floor is imposed on the market. Will the surplus increase or decrease over time? Explain.

what is unique value propostion air fliter product ?

As a result of COVID-19 pandemic, company XYZ (Pty) Ltd is considering the introduction of the Fourth Industrial Revolution. They consider the industrial Internet of Things to be the way to go for the company. However, you are hired as a consultant to advise the CEO of XYZ wether 4.0 is the best option for the company. In your report after benchmarking, you need to also consider the challenges and benefits that can be derived by implementing 4.0.

What type of policies does the Federal Reserve Bank set to combat periodic economic swings?

What type of policies does the Federal Reserve Bank set to combat periodic economic swings?

In about 200 words answer the following. What events led to the increasing dependence on slave labor in the English colonies of North America? How was the use of slave labor justified?