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By practicing price discrimination, the firm would realize profits totaling ?

September 11, 2021May 30, 2019 by admin

By practicing price discrimination, the firm would realize profits totaling ?

A. $160,000
B. $420,000
C. $540,000
D. $660,000

Categories Economics Mcqs, Non-Tariff Trade Barriers

Suppose that the domestic government allows a specific number of goods to be imported each year, but it does not specify from where the product is shipped or who is permitted to import Such a trade barrier is known as ?

With free trade suppose that the rest of the world can supply computers to Norway at a price of $1,500 Norway’s imports will now equal. Compared to What occurred in the absence of trade, Norway’s consumers surplus will _____ and its producer surplus will ____. Can you calculate these amounts? Try plotting the information of this table on a sheet of graph paper ?

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