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- Read the following scenario and answer the questions given bellow.• A car rental company has its offices in three major cites of the area. Acostumer once registered with the company, can avail its services from anynearby office. Every office keeps record of the vehicles, their drivers andrenting details. Salaries of administrative staff are controlled at a single sitewhile the drivers are paid (according to the services they provide) from their local office. Rates for famous tourism spots are fixed (with a slight difference for different vehicles), while other spots are charged according to the mileage covered. 1. Give details of any of the relations replicated on more than one sites1. Suppose that the world price for a good is 50, and the domestic demand and supply curves are given by the following equations: = QP 350 0.2PD QS = 10 + 6PS a) How much is consumed? How much is produced domestically? What are the values of producer and consumer surplus? b) If a 5% import tariff is imposed, by how much do consumption and domestic production change? What is the change in consumer and producer surplus? How much revenue does the government earn from the tariff? c) What is the deadweight loss of the tariff? Show your results through a graphical representation.Table 23.1: Vital Economic Statistics for An Earthly Economy Nominal RGDP Total GDP Price Population Year ($ Billion) Index • (in Million) 7 $5,000.00 119 129.00 6 $4,900.00 117 128.50 5 $4,950.00 114 128.16 4 $4,890.00 110 127.45 Refer to Table 23.1. Real GDP per person dropped by about 0.05% 0.07% 0.08% 0.06% in Year 7.
- What was the contribution from sector allocation to security selection?Confirm that the sum of contribution of security selection, sector selection and asset allocation isequal manager’s total excess return in relation to the bogeyCOVID -19 Pandemic has impacted International Business mainly on aggregate demand shocks in various sectors.ExplainTHE Samsung Electronics factory in Thai Nguyen, in northern Vietnam, employs more than 60,000 people. Its three canteens serve some 13 tonnes of rice a day. It churns out more mobile phones than any other facility in the world. It and Samsung Electronics’ other factories in Vietnam produce almost a third of the firm’s global output. The company has invested a cumulative $17bn in the country. But Samsung is as important to Vietnam as Vietnam is to it. Its local subsidiary’s $58bn in revenue last year made it the biggest company in Vietnam, pipping PetroVietnam, the state oil company. It employs more than 100,000 people. It has helped to make Vietnam the second-biggest exporter of smartphones in the world, after China. Samsung alone accounted for almost a quarter of Vietnam’s total exports of $214bn last year. All this has been a huge boon to Vietnam’s economy. Despite unflattering reports about working conditions in Samsung’s factories, Thai Nguyen and another nearby province that hosts…
- 1.Indicate whether the supply or Demand curve would shift to the right, shift to the left or movement along the demand/supply curve under each of the following instances An announcement by local supermarkets on radios and television channels that more companies and individuals with pick up cars have come on board to offer delivery services of groceries to customers during the rock down period. What would happen to the supply of delivery transport service? The Namibian government decides to stop subsidising the City of Windhoek, public transport division. what would happen to the supply of public transport? The government of Namibia decides to increase the income of all the civil servant by 30% as many demanded the need to buy their own vehicle. what would happen to the demand curve for vehicles?Economics Energy plus biscuit from (Bangladesh) Olympic industries limited is one of the first biscuits in the country to receive ISO certification because of their quality. Once they had high demand in the market but with the evolution of new competitors and changing consumer demand, their market is not as good as before. However, they have launched other biscuit brands to meet the different demands of different consumers. Answer the following questions with proper justification; 1. As Olympic industries have more than 10 biscuits brands, how they should segment their target market, and which segment should be targeted for Energy plus biscuits?1. Indicate whether the supply or Demand curve would shift to the right, shift to the left or movement along the demand/supply curve under each of the following instances. Most of the Namibian drivers are considering using petrol rather than diesel. What would happen to the demand curve for diesel? The government decides to increase the corporate tax payed by transport operators. What would happen to the supply of transport service? What would happen to the demand for freight transportation as the demand for hand sanitizers increase? During this period all government employees as well as those in state Owned Enterprises and private sector are to operate from home, except those providing critical services. What would happen to the demand for taxis and public transport?
- 20 To Aqaba Mafrag Jerash Supply From Amman 08 Ibid 10 |14 120 Zarga | 16 14 100 Demand 60 90 150 Using the North-west Corner Method, What is the Total Cost of initial feasible solution,Sustainability and uncertainty discuss the impacts of modern discoveries as substitutes of conventional resources andArguments in favour of and against adopting the sustainability strategyUnited States Input Output Table This exercise requires the use of technology MY NOTES ASK YOUR TEACHER PRACTICE ANOTHER Four sectors of the U.S. economy are (1) motor vehicles, (2) truck and bus bodies, trailers, and motor vehicle parts(3) airorat and parts, and (4) ather traportation equpment. Suppose that in 1998 the input-output table involving these four sectors was as follows (al figures in millions of dollars). To :4 1. 75 1092 1,207 2. 64,858 13,081 1,070 From 21,702 1,375 Total Output 230,676 135,108 129,37644,133 Determine how these four sectors would react to a simultaneous increase in demand $2,500 miltion in every sector, By how much (in millions ef dollars) woud uach sector need to Increase production? (Round answers to four signifficant digits.) sector 1 million sector 2 million millon sector 3 sector 4 million
