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The market impact of trading contributes to trade implementation shortfall.
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- Even though Polly Pockets toys made in China posed a choking hazard, the U.S. continues to import them because the American consumer wants them () a) True ( b) FalseA country with Multi-languages raise the cost of advertising in international markets. A) True B) FalseExplain Briefly with zero plagiarism In the selling process or in negotiations, who typically has the upper hand, the buyer or the seller?
- A monopolist produces a product with price, quantity sold and marginal cost as shown in the table below. The fixed cost is $50. Price ($) Quantity Sold Marginal Cost ($) 100 1 20 90 2 30 80 3 40 70 4 50 60 5 60 (a) If the monopolist need to sell at a standard price, determine the optimal quantity, the price, and the profit of the monopolist. (b) If the monopolist can practice perfect price discrimination, determine the optimal quantity, the price and the profit of the monopolist.True/False Usually monopoly is inefficient for the consumer.Casinos in the US wanted to purchase decks of cards made in Mexico. It costs less than half the price paid to US suppliers. However, the price is based on the product outside the Mexican manufacturing doors. The US firm must find a way to transport the cards to the US. This is a problem given the current US regulations on transportation between Mexico and the US and the strong truck drivers union. In this case, casinos are experiencing: Underinvestment in Mexico. Language and cultural barriers in management. Limited SI in Mexico. High transaction costs and possible hold up problems.
- T/F There is a asymmetric knowledge in the monopoly market among the buyers and sellers.True/ False There is a price discrimination in the monopoly market.There is one consumer who is a price taker and a monopoly company that is a price setter. When a consumer buys as much as q at the market price p, benefit B(q)=90q-1/2q^ and spend as much as pq. A monopoly company earn Tr=p-Cq) when it produces as much as q. C(q)=20q+1/2q^ When the exchange volume is q, CE(q)=10q+1/2q^ Find the market equilibrium quantity. Find the efficient quantity. When pigouvian tax is charged, find pigouvian tax per unit .
- Which method of sanctions evasion uses the technique of transshipmentWhich of the following is an international price discrimination in which an exporter firm sells a portion of itsoutput in a foreign market at a very low price and the remaining output at a high price in the home market? Dumping Trade Barrier None of the above Tariff BarierBased on the herfinfahl index of the market for sunglasses, the FTC would _______ a merger between UV shield and sun fashion.
