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- If C$1.00 rises from ¥87.94 to ¥89.78, what will be the change in the C$ price to an importer of a ¥2,965,000 car? Price change CS (Click to select) vEXPLAIN THIS AND MAKE IT MORE READABLE PLEASE : how does the importation of live chickens and pork to curb the increasing price of it on local market and how it affects Philippines' economy and the people of the Philippines in general?Price differences in “similar” products in different countries often exist. What canexplain those differences?
- Directions: Plot the following hypothetical market demand and supply schedules for commodity Y and explain the graph. Do this in a graphing paper. Quantity Supplied Price Quantity Demanded P 6.00 P 7.00 P 8.00 P 9.00 7 7 8 9 P10.00 5 10 P11.00 4Assume that there's an increse in US consumers' preference for Japanese automobile. Which of the following chanfes will most likedly take place in the market for dollars a) It will take more yen to purchase the same amount of dollars b) the demand for dollars will increase c) the supply for dollars will increase d) the supply and demand of dollars will decrease e) there will be no change in the foreign exchange market1. What can you say to the impacts of price inflation in fish and meats to the residents of the Philippines?
- 4. Pricing foreign goodsPrice 200 Domestic supply 120 A Tariff 100 C E F World price 65 Domestic 40 demand 72.5 120 160 200 270 Quantity The economy now puts a $35 tariff per unit imported. Carefully following numeric instructions, calculate total imports with the tariff.“Exports pay for imports. Yet in 2007 the nations of the world exported about $709 billion more worth of goods and services to the United States than they imported from the United States.” Resolve the apparent inconsistency of these two statements.
- EXPLAIN THIS AND MAKE IT MORE READABLE PLEASE : how does the importation of rice satisfy local demands and how it affects Philippines' economy and the people of the Philippines in general?11- World prices are used to find the shadow price of: a. Tradable goods and services b. Non-traded goods c. All goods and services d. Non of the above7. Two commodities “x" and “y" are related with the following demand equationQdx = 80 – %3D Px + Py, compute the Qdx if the price of “x" is 15 pesos and the price of "y" is15 pesos. Again. The Qdx is in terms of kg. Note: # 7 to #12 are interrelated A. 70 kg B. 75 kg C. 80 kg D. -70 kg E. None of the above