Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Managerial Economics Expert

In 1997 Canadian 2 X 4 lumber studs with two holes drilled in them (so that electricians could run wires) were categorized by customs agents as Category #4418 and free of any tar- iffs. If they had been categorized as #4407, they would have fallen under a quota system whereby only the first 14.7 billion board-feet of lumber Canada imports to the United States are duty free. The next 650 million are subject to a $50 export fee per 1,000 board-feet, and beyond that, a $100 fee. Roughly 15 billion board-feet of lumber is imported to the United States each year from Canada. If the Canadian 2 X 4 studs with holes are classified as #4407, this adds about $3,000 to the cost of a new home. Discuss the expected lobbying behavior of lawmakers from timber producing states (Montana and Alabama), the National Association of Homebuilders, and U.S. lumber companies (for instance, Georgia Pacific).

Managerial Economics, Economics

  • Category:- Managerial Economics
  • Reference No.:- M91593605

Have any Question?


Related Questions in Managerial Economics

I have long thought subway made a monster mistake in their

I have long thought Subway made a MONSTER mistake in their "$5 footlong" campaign, that showed the whole country that they could sell footlong subs for just $5. I think this decreased the value of their brand, and made t ...

Geographic information systems gisassignment short paper

Geographic Information Systems (GIS) Assignment: Short Paper: GIS In the early years of Geographic Information Systems (GIS) technology, mapping was largely limited to public works, and then in the 1990s and early 2000s, ...

Assignment - portfolio project for the final project you

Assignment - Portfolio Project For the final project, you will create a case study based on a company of your choice. The case study should include at least 5 of the concepts that we have discussed. The case study should ...

Queuing theory in the public sectordiscussion queuing

Queuing Theory in the Public Sector Discussion: Queuing Theory and Wait Times For this Discussion, you dive deeper into the topic of queuing. To prepare: Review the Learning Resources for the week as they relate to the t ...

Topic - cost benefit analysis cba discussion benefits and

Topic - Cost Benefit Analysis (CBA) Discussion: Benefits and Shortcomings of Cost Benefit Analysis As mentioned in the Weekly Introduction, cost benefit analysis is one of the most widely used of all public-sector manage ...

Discussion explore applications of pert and cpm in the

Discussion: Explore Applications of PERT and CPM in the Public or Non-Profit Organizations PERT is typically used to manage very large projects. In terms of scale, think weapons systems, the development of interstate tra ...

Question read three 3 academically reviewed articles on

Question: Read three (3) academically reviewed articles on managerial economics and complete the following activities: (500 words) 1. Summarize all three (3) articles. Please use your own words. No copy-and-paste 2. Disc ...

Simulation and agent-based modeling schelling t c 1971

Simulation and Agent-Based Modeling Schelling, T. C. (1971). Dynamic models of segregation. Journal of Mathematical Sociology, 1(2), 143-186. Seminal Retrieved from the Walden Library databases. Discussion: Agent-Based M ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Why might a bank avoid the use of interest rate swaps even

Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate

Describe the difference between zero coupon bonds and

Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p

Compute the present value of an annuity of 880 per year

Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As

Compute the present value of an 1150 payment made in ten

Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int

Compute the present value of an annuity of 699 per year

Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As